Canadian Mining Journal

  • News

    DIAMOND MINING: Lucara unearths rare blue diamond at Karowe

    November 6, 2012 by Canadian Mining Journal Editor

    BOTSWANA – Lucara Diamond Corp. of Vancouver has recovered a rare 9.46-ct Type II blue diamond from its wholly owned Karowe mine. The diamond is the first of its kind to be identified at Karowe.

  • News

    COPPER-GOLD MINING: Ming project declared in commercial production this week

    October 29, 2012 by Canadian Mining Journal Editor

    NEWFOUNDLAND – Rambler Metals and Mining of Surrey, UK, is officially declaring commercial production on Nov. 1, 2012, at its Ming copper-gold mine on the Baie Verte Peninsula. The operation reached production at 85% of designed milling…

  • News

    Inmet, Petaquilla continue to play tug of war

    October 29, 2012 by Canadian Mining Journal Editor

    VANCOUVER — In what is becoming an increasingly frosty situation, Vancouver-based companies Inmet Mining and Petaquilla Minerals continue to squabble over a potential takeover bid that would see the larger Inmet absorb its Panamanian…

  • News

    IRON ORE MINING: New Millennium to boost DSO output to 6 million t/y

    October 24, 2012 by Canadian Mining Journal Editor

    QUEBEC – Production has just gotten underway at the DSO project near Schefferville, and already plans are being made to boost production to 6 million t/y in 2015. The project is a joint venture of New Millennium Iron Ore of Calgary (20%)…

  • News

    NICKEL MINING: Lockerby rate tops 80% of plan

    October 22, 2012 by Canadian Mining Journal Editor

    ONTARIO – First Nickel of Toronto says mining at its Lockerby project in Sudbury is now over 80% of the full production rate. During the third quarter, the rate averaged 653 t/d, or 82% of the nominal 800 t/d rate. The company said that…

  • News

    PRIVATE PLACEMENT: Kirkland Lake Gold sets out to raise $60M

    October 17, 2012 by Canadian Mining Journal Editor

    ONTARIO – Kirkland Lake Gold, of the northern Ontario city of the same name, is raising $60 million through the private placement of convertible debentures. Dundee Securities and CIBC are co-lead underwriters and have agreed to purchase…

  • News

    PALLADIUM MINING: First ore mucked from Lac des Iles expansion

    October 16, 2012 by Canadian Mining Journal Editor

    ONTARIO – North American Palladium (NAP) is expanding operations at its Lac des Iles palladium mine 85 km northwest of Thunder Bay by developing the underground Offset zone. The company says mining of the first Offset zone stope has begun.

  • News

    Capstone: Doing it the right way

    October 15, 2012 by Canadian Mining Journal Editor

    Capstone Mining is one of those good stories in the mining world that often get overlooked: a company that went out and did what it said it would do and is now reaping the benefits of two steadily producing copper mines that continue to beef up…

  • News

    GOLD MINING: Ore production begins at Komis open pit

    October 4, 2012 by Canadian Mining Journal Editor

    SASKATCHEWAN – Golden Band Resources of Saskatoon says that open pit mining operations started at the Komis open pit mine with the first blast in ore on Sept. 29, 2012. The first shipment of ore reached the company’s Jolu mill on…

  • Feature

    The HudBay Way

    October 1, 2012 by Russell Noble

    A severe drought may have plagued much of the prairies this past summer but the shortage of rain did little to dampen the excitement at HudBay Minerals as the company celebrated important milestones at three of its projects in Northern Manitoba.

  • News

    FINANCING: Richmont tops up treasury

    September 27, 2012 by Canadian Mining Journal Editor

    MONTREAL – Richmont Mines has raised $26.0 million via a non-brokered private placement. In return the company has issued 5.97 million common shares at a value of $4.35 each. The company says its cash position is now $60 million and it…

  • ENVIRONMENT: Taseko wins reclamation award

    September 26, 2012 by Canadian Mining Journal Editor

    BRITISH COLUMBIA – The British Columbia Technical and Research Committee on Reclamation (TRCR) has given its latest award for Metal Mine Reclamation to Taseko Mines of Vancouver.