Canadian Mining Journal


  • MEETING: Fourth Energy and Mines World Congress coming in November

    July 20, 2016 by Canadian Mining Journal

    TORONTO – Energy and Mines has announced the launch of its Energy and Mines World Congress in association with Lightsource Renewable Energy. The congress will take place Nov. 21-22 at the Hilton Toronto and will bring together an international audience

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    INVESTMENT: Ontario pledges $5M to mining R&D effort

    July 4, 2016 by Canadian Mining Journal

    SUDBURY, ON – The Ontario government will pour $5 million into mining research and development at Laurentian University. A consortium at the school is investigating new methods of improving mineral targeting. The official award was made June 29 by Northern

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    LITHIUM: Nemaska to make $50M-$60M equity offering

    June 30, 2016 by Canadian Mining Journal

    QUEBEC CITY – Nemaska Lithium has announced details of a proposed market offering that will raise between $50 million and $60 million. The company will issue between 43.48 million and 52.17 million units. Each unit will consist of one common

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    Canpotex nixes plan for potash terminal in Prince Rupert

    June 29, 2016 by Canadian Mining Journal

    Canpotex, an exclusive offshore marketing company for potash mined in Saskatchewan by Agrium (TSX: AGU; AGY: NYSE), Mosaic (NYSE: MOS) and Potash Corp. of Saskatchewan (TSX: POT; NYSE: POT), has abandoned plans to build a $775 million potash export terminal in Prince Rupert, BC, after

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    GOLD: Osisko Mining closes $25M flow-through sale

    June 27, 2016 by Canadian Mining Journal

    MONTREAL – Osisko Mining Inc. (formerly Oban Mining Corp.) has closed the sale of 7.57 million flow-through shares to raise slightly more than $25 million. The price of $3.33 each represented a 45% premium to the closing price of Osisko

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    GOLD: Guyana Goldfields increases equity offering to $130M

    June 27, 2016 by Canadian Mining Journal

    GUYANA – Toronto-based Guyana Goldfields has increased its public offering to $130 million through the sale of 13.83 million shares priced at $9.40 each. The underwriters, let by BMO Capital Markets, Scotiabank and RBC Capital Markets, will purchase 12.83 million

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    Editorial: Uncertainty on the horizon in the Yukon

    June 27, 2016 by Canadian Mining Journal

    VANCOUVER — The winds of legislative change out of Ottawa are shifting regulatory expectations for natural resource development across Canada, and the Yukon government is feeling the impact. The Trudeau Liberals have expressed a desire to rejuvenate Canadians’ “trust in

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    GOLD: TomaGold partners with Goldcorp at Sidace Lake project

    June 23, 2016 by Canadian Mining Journal

    ONTARIO – TomaGold Corp. of Montreal has bought up a 39.5% interest in the Sidace Lake project from Planet Exploration. Goldcorp holds the remaining 60.5% of the project 25 km northeast of Balmertown in the Red Lake mining camp. In

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    GOLD: Endeavour Mining launches $125M bought deal

    June 22, 2016 by Canadian Mining Journal

    PARIS – Endeavour Mining has entered into a bought deal that will raise $125 million with a syndicate of underwriters led by BMO Capital Markets. The underwriters have agreed to buy 6.25 million common shares at a price of $20.00

  • COPPER-NICKEL: Northern Shield teams up with South32 at Huckleberry

    June 16, 2016 by Matthew Keevil, The Northern Miner

    VANCOUVER — A commitment to strong science has paid off for junior Northern Shield Resources at its greenfield Huckleberry copper-nickel discovery in the southern Labrador Trough. On June 7, the company announced an option agreement wherein Australian-based mega-miner South32 could earn a 70% interest

  • AIRBORNE SURVEY: Partnership to conduct geophysical surveys of Ontario sites

    June 15, 2016 by Canadian Mining Journal

    Prosper Gold Corp. has just announced that it has partnered with CGG Multi-Physics for a comprehensive program of airborne geophysical surveys at both its Ashley Gold and Matachewan Projects in Ontario. The CGG surveys will characterize mineralization potential from surface

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    GOLD: IAMGOLD intersects a second gold zone on the Monster Lake project

    June 15, 2016 by Robert Seagraves

    TORONTO – IAMGOLD Corporation today provided an update from its ongoing exploration program at its optioned Monster Lake project located 50 kilometres southwest of Chibougamau, Quebec, Canada.  The company is reporting final assay results from the 2016 winter diamond drilling program completed in