Canadian Mining Journal Staff

Premier’s Downie bullish on Hasaga in Red Lake

VANCOUVER — Premier Gold Mines (TSX: PG; US-OTC: PIRGF) is taking a new approach to exploration at its past-producing Hasaga gold property in the prolific Red Lake mining district of northwestern Ontario, and Ewan Downie, president and...

Canadian Mining Journal Staff | September 17, 2015 | 3:50 pm

GOLD: Pretium secures $540M for Brucejack development

BRITISH COLUMBIA – Pretium Resources of Vancouver has secured a US$540-million construction finance package for the Brucejack gold development 65 km north of Stewart. Orion Mine Finance and Blackstone Tactical Opportunities will make...

Canadian Mining Journal Staff | September 16, 2015 | 4:27 pm

DIAMONDS: Kennady arranges $48M private placement

NORTHWEST TERRITORIES – Kennady Diamonds of Toronto announced a private placement that will raise $48 million through the issuance of common and flow-through shares. The shares are priced at $2.75 and $3.40, respectively. The money will...

Canadian Mining Journal Staff | September 16, 2015 | 4:26 pm

GOLD: Kaminak chooses Coffee road, First Nation agrees

YUKON – After examining several options, Vancouver-based Kaminak Gold Corp. has chosen a route for an access road to its Coffee gold project 130 km south of Dawson City. The preferred route results in the least amount of new road...

Canadian Mining Journal Staff | September 16, 2015 | 4:24 pm

GRINDING: ABB’s brings advanced embedded control to mills

SWITZERLAND – ABB, the power and automation technology group, is launching an advanced control solution embedded within a variable-speed drive. Called SmartMill™, it utilizes real time data for continuous control of individual...

Canadian Mining Journal Staff | September 16, 2015 | 4:23 pm

Noront CEO outlines big plans in the Ring of Fire

VANCOUVER — Noront Resources (TSXV: NOT; US-OTC: NOSOF) has emerged as a leader across the Ring of Fire region in the James Bay Lowlands of Northern Ontario, and it has a long term plan in the works it hopes will establish a world-class...

Canadian Mining Journal Staff | September 16, 2015 | 4:22 pm

DIAMONDS: Renard construction on time, on budget

QUEBEC – Montreal’s Stornoway Diamond Corp. continues with the Renard diamond mine development on time and on budget. The project, 350 km north of Chibougamau in the James Bay region, is expected to reach commercial production in...

Canadian Mining Journal Staff | September 15, 2015 | 4:17 pm

WORKSHOP: Efficient grinding meet in Vancouver

VANCOUVER – If you can’t make the CEEC-CMIC workshop to be held in Toronto on Sept. 28, 2015, attend instead the Energy Curve Workshop being organized in Vancouver on Sept. 24. The achievements and findings of the CEEC energy...

Canadian Mining Journal Staff | September 15, 2015 | 4:15 pm

GOLD: New, high grade zone discovered at Valentine Lake

NEWFOUNDLAND – Marathon Gold Corp. of Toronto has discovered a new, high grade gold zone at the Valentine project 55 km south of Buchans. The find was made 550 metres along strike from the Sprite zone, where trenching was done in 2014.

Canadian Mining Journal Staff | September 15, 2015 | 4:13 pm

ENERGY & MINES: Caterpillar to be top sponsor at Toronto summit in October

TORONTO - Energy and Mines, an organization specialized in building connections between mining and renewable energy, is pleased to announce that Caterpillar (Caterpillar.com) is the principal sponsor of the upcoming 3rd annual Energy and Mines...

Canadian Mining Journal Staff | September 15, 2015 | 4:11 pm

Wesdome ‘proud’ of Ontario mines

For a company that hasn’t had to raise equity since 2006 and whose last financing was a $7 million convertible debenture in 2012, which isn’t due until 2017, Wesdome Gold Mines (TSX: WDO) has performed fairly well since the...

Canadian Mining Journal Staff | September 15, 2015 | 4:09 pm

GOLD: Wesdome to cultivate growth at Eagle River, Mishi mines

ONTARIO – Wesdome Gold Mines of Toronto is making plans to mine higher grades from the Eagle River underground mine and boost the mining rate at the Mishi pit near Wawa. By 2019 the operations may have an annual output of as much as...

Canadian Mining Journal Staff | September 14, 2015 | 4:27 pm

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