Canadian Mining Journal


Investing


  • News

    SILVER-GOLD: Silver Wheaton picks up streams from Panoro Minerals

    March 22, 2016 by Canadian Mining Journal

    PERU – A subsidiary of Vancouver-based Silver Wheaton Corp. has agreed to purchase 100% of the silver production and 25% of the gold production from the Cotabambas advanced copper-gold-silver-molybdenum project. The project is wholly owned by Panoro Minerals, also headquartered

  • News

    LEAD-ZINC: Osisko takes $15.6M NSR in base metals mine

    March 21, 2016 by Canadian Mining Journal

    ARIZONA – Osisko Gold Royalties of Montreal is investing in a 1% net smelter royalty on lead, zinc and silver produced at Arizona Mining’s Hermosa advanced exploration project about 80 km southeast of Tucson. Osisko is paying US$10.0 million for

  • News

    BUDGET: AMQ welcomes Quebec budget

    March 21, 2016 by Canadian Mining Journal

    QUEBEC CITY – The Association minière du Québec is lauding the province’s latest budget for its support of exploration, infrastructure investment, and push to reduce energy costs. The AMQ has lobbied hard for the government to support the mining industry

  • PDAC 2016: Canadian bankers ponder future of mining finance

    March 16, 2016 by Canadian Mining Journal

    Debt, balance sheet repair and the availability of financing were the main themes of a panel discussion on capital markets at the Prospectors and Developers Association of Canada convention. Since the early 2000s, the top twenty gold companies have seen

  • News

    POTASH: Karnalyte secures phase one financing

    March 14, 2016 by Canadian Mining Journal

    SASKATCHEWAN – Calgary-based Karnalyte Resources has secured an agreement in principle with Gujarat State Fertilizers and Chemicals for US$700 million with which to build phase one of an in situ potash mine at Wynyard. The deal includes spinning-out Karnalyte’s secondary

  • News

    QUEBEC: Miners urge government action to boost industry

    March 10, 2016 by Canadian Mining Journal

    QUEBEC CITY – The Association minière du Québec is calling on the provincial government to support the mining industry so that investments in new producers will rise in the province. “There has been a sustained reduction of investments since 2013

  • News

    NICKEL-COPPER: First Quantum sells Kevista mine for $712M

    March 10, 2016 by Canadian Mining Journal

    FINLAND – Cash strapped First Quantum Minerals of Toronto has sold its Kevista copper-nickel-PGE mine in Lapland to Boliden AB for US$712 million in cash, subject to customary adjustments. The Kevista open pit and mill is capable of producing to

  • News

    EXPLORATION: Worldwide non-ferrous budgets drop 19%

    March 7, 2016 by Canadian Mining Journal

    HALIFAX – The latest World Exploration Trends report from SNL Metals & Mining, a group within S&P Global Market Intelligence, reveals that the global exploration sector continues to struggle against strong market headwinds. Key findings of the report include: A

  • News

    ZINC-LEAD: Canadian Zinc signs two offtake agreements for Prairie Creek mine

    March 3, 2016 by Canadian Mining Journal

    NORTHWEST TERRITORIES – Canadian Zinc Corp. has signed offtake agreements with Korea Zinc and Boliden for the sale of zinc and lead concentrates from its Prairie Creek mine. The mine and mill are located about 200 km west of Fort

  • News

    RARE EARTHS: Plan Nord invests in separation technology

    March 3, 2016 by Canadian Mining Journal

    QUEBEC – Montreal-based GeoMegA Resources has the support of the Quebec government for the development of rare earths separation technology. As part of the Plan Nord program, and of the Réseau Capital Baie-James, specifically the Société de développement de la

  • News

    COMMENT: The best of places, the worst of places

    March 1, 2016 by Marilyn Scales

    Calgary’s Fraser Institute has released its latest ranking of the best and worst places to be a miner. Every year the organization takes a global look at where governments encourage the mineral industry based on government policies that affect  investment

  • News

    GOLD: Pretium raises final $130M for Brucejack

    March 1, 2016 by Canadian Mining Journal

    BRITISH COLUMBIA – Vancouver-based Pretium Resources has closed the sale of about 28.4 million common shares, raising US$130.0 million to be used for the development of the Brucejack gold project 65 km north of Stewart. The shares carried a price