Canadian Mining Journal

  • News

    DIAMONDS: De Beers looking to get in on Kennady action

    March 19, 2018 by Canadian Mining Journal

    TORONTO – Mountain Province Diamonds and its joint venture partner at the Gahcho Kue diamond mine, De Beers Canada, have signed a non-binding memorandum of understanding that covers properties owned by Kennady Diamonds with the goal of rolling them into

  • News

    OIL SANDS: Suncor moves up Syncrude maintenance, cuts Q1 output

    March 14, 2018 by Canadian Mining Journal

    ALBERTA – Suncor Energy of Calgary has moved its planned maintenance at Syncrude near Fort McMurray to March 15 rather than the previously scheduled April start. The change will permit the company to address an unrelated issue that it says

  • News

    GOLD-SILVER: Northern Vertex pours first gold at Moss mine

    March 14, 2018 by Canadian Mining Journal

    ARIZONA – Northern Vertex Mining of Vancouver has poured its first gold at the Moss mine in Mohave County. The heap leach project carries an after tax internal rate of return of 63% and net present value of US$133 million.

  • SUSTAINABILITY: Anglo commits to ambitious global strategy

    March 13, 2018 by Canadian Mining Journal

    LONDON, U.K. – Today Anglo American launched a new and innovative sustainability strategy. Three major areas – the environment, community development, and greater trust and transparency across the industry – are to be addressed between now and 2030. CEO Mark

  • News

    Dynacor’s artisanal mining strategy pays dividends

    March 12, 2018 by Canadian Mining Journal

    The company buys ore from registered artisanal miners in Peru and processes it into doré at its Veta Dorada plant, 600 km south of Lima. The processing plant poured its first gold in October 2016 and last year produced 79,897

  • News

    TRUCK: Artisan delivers first 40-tonne battery-powered hauler

    March 5, 2018 by Canadian Mining Journal

    KIRKLAND LAKE, Ont. – It was one year ago that Artisan put the mining industry on notice that times are changing with the launch of the first ever battery powered loader built from the ground up around lithium battery technology

  • News

    GOLD: WGC rates Top 10 gold miners

    March 1, 2018 by Canadian Mining Journal

    LONDON, U.K. – The World Gold Council has perused the numbers and determined that primary gold production his another record level in 2017. Output totaled roughly 105 million oz., up 17 million oz. from the previous year. Nearly 30% of

  • News

    COPPER-GOLD: Turquoise Hill to lift force majeure at Oyu Tolgoi

    March 1, 2018 by Canadian Mining Journal

    MONGOLIA – Turquoise Hill Resources of Vancouver announced that effective March 1, 2018, that the Oyu Tolgoi copper-gold mine will lift its force majeure notice. Turquoise Hill declared force majeure on Jan. 17, 2018, as protestors blocked the main access

  • OIL SANDS: Suncor buys out Mocal share of Syncrude

    February 27, 2018 by Canadian Mining Journal

    CALGARY – Suncor Energy has arranged to buy out Mocal Energy’s 5% interest in Syncrude for $925 million. Syncrude mines oil sands near Fort McMurray, Alta. After this transaction, Suncor’s share of Syncrude will increase to 58.74%. Other partners in

  • News

    GOLD: New shaft for Agnico’s Kittila mine in Finland

    February 20, 2018 by Canadian Mining Journal

    FINLAND – Agnico Eagle’s board of directors has approved adding a 1,044-metre-deep shaft at its Kittila gold mine. At the same time, milling capacity will be boosted 25% to 30%, increasing annual production to 250,000 oz. of gold by 2021.

  • News

    COPPER-GOLD: Capstone agrees to sell Minto mine to Pembridge Resources

    February 15, 2018 by Canadian Mining Journal

    YUKON – Vancouver-based Capstone Mining has agreed to sell its Minto copper-gold mine 240 km northwest of Whitehorse to Pembridge Resources plc of London, U.K. Capstone started production at the mine in 2007. Pembridge will pay US$37.5 million in cash

  • News

    GOLD: Golden Star reaches commercial production at Prestea underground mine

    February 1, 2018 by Canadian Mining Journal

    GHANA – The Prestea underground gold mine has reached commercial production says 90% owner and operator Golden Star Resources of Toronto. The government of Ghana holds a 10% interest. All construction is complete and output is expected to continue to