Canadian Mining Journal Staff

COMPRESSORS: Atlas Copco buys Air Repair of Moncton

STOCKHOLM - Atlas Copco, a leading provider of sustainable productivity solutions, has acquired Air Repair Sales and Services Limited, which distributes, services and rents out compressors and accessories.

Canadian Mining Journal Staff | September 9, 2015 | 3:59 pm

Glencore slashes near term copper production

VANCOUVER — Copper producers have seen margins come under pressure as spot prices for the red metal have hovered near six-year lows and look poised to remain stuck below the US$3 per lb level over the medium term. London-based Glencore...

Canadian Mining Journal Staff | September 9, 2015 | 3:58 pm

LITHIUM: Nemaska chooses Shawinigan as site of new hydromet plant

QUEBEC – Nemaska Lithium of Quebec City has signed an agreement in principle with the city of Shawinigan to acquire land and part of an existing manufacturing plant so that it can build a hydrometallurgical facility to treat concentrates...

Canadian Mining Journal Staff | September 8, 2015 | 4:19 pm

NICKEL-COPPER-PGM: Balmoral extends Grasset H3 zone at depth with long and strong intersection

QUEBEC – Balmoral Resources of Vancouver reports that it has successfully extended the higher grade core of the H3 zone down plunge by more than 30%, and the zone remains open at depth. The H3 zone is located at the Grasset gold-copper...

Canadian Mining Journal Staff | September 8, 2015 | 4:17 pm

COPPER: Codelco investment plans hit hard by lack of financing

CHILE – Times are tough for financing expansion and investment plans in the mining industry, and Codelco, Chile’s state run copper producer is no exception. The company had hoped to invest US$25 billion in expand aging mines and...

Canadian Mining Journal Staff | September 8, 2015 | 4:16 pm

PHONE PROTECTION: Pelican’s ProGear is smart way to safeguard Galaxy smart phones

EDMONTON - Pelican Products, a global leader in the design and manufacture of high performance protective cases, announced the Pelican ProGear™ Voyager and Protector for the new Samsung Galaxy Note5 and Galaxy S6 edge+ as the newest...

Canadian Mining Journal Staff | September 8, 2015 | 4:15 pm

First Mining pursues Gold Canyon, PC Gold to grow its gold inventory

First Mining Finance (TSXV: FF; US-OTC: FFMGF) is buying Gold Canyon Resources (TSXV: GCU) and PC Gold (TSXV: PKL) in separate all-share deals totaling roughly $64 million to create a leading gold exploration company.

Canadian Mining Journal Staff | September 8, 2015 | 4:12 pm

URANIUM: Fission releases PEA for Triple R deposit with output of 7.2M lb/year

SASKATCHEWAN – Fission Uranium Corp. of Kelowna, BC, has released the preliminary economic assessment for the Triple R uranium deposit at its Patterson Lake South property. The project has a base case, pre-tax net present value of $1.81...

Canadian Mining Journal Staff | September 3, 2015 | 4:07 pm

NICKEL-COPPER: Metis and KGHM sign MOU for Victoria project

ONTARIO – The Metis Nation of Ontario and KGHM International have signed a memorandum of understanding for the Victoria nickel-copper project in the Sudbury Basin. KGHM has advanced the property to the development stage and plans to start...

Canadian Mining Journal Staff | September 3, 2015 | 4:06 pm

MINING PEOPLE: Metanor, Newstrike, Noront, SouthGobi, and Strongbow

Norman Parker is the new general manager of the Bachelor Lake gold mine, owned by Metanor Resources of Val d’Or, QC. The appointment will take effect on Sept. 8, 2015.

Canadian Mining Journal Staff | September 3, 2015 | 4:04 pm

MACHINE GUIDANCE: Wenco wins contract with Polyus Gold in Siberia

VANCOUVER - The Krasnoyarsk Division of Polyus Gold has chosen Wenco International Mining Systems to supply its high precision machine guidance systems for shovels and drills at three mine sites in eastern Siberia, Russia.

Canadian Mining Journal Staff | September 3, 2015 | 4:02 pm

BMO’s Kaip: Gold miners approaching ‘inflection point’

VANCOUVER — It’s been a rough run for gold equities over the past few years, but recent performances by major and intermediate producers seem to hint at an industry that’s getting its balance sheets and cost structures in...

Canadian Mining Journal Staff | September 3, 2015 | 4:01 pm

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