Canadian Mining Journal Staff

Gold price fall may trigger another round of write-downs

Data recently published by Wood Mackenzie illustrates that at US$1,100 per oz. gold, about 10% of current gold mine production is uneconomic on a total cash cost plus sustaining capex basis.

Canadian Mining Journal Staff | July 28, 2015 | 4:15 pm

GUEST COMMENT: Reason to look again at a “Mining Marshall Plan”

Occasional contributor Stan Sudol proposed in 2011 a plan to maximize the economic contribution of mining in northern Ontario. Recently he updated the idea in light of the recommendations of the Truth and Reconciliation Commission. Here is what...

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

ZEOLITE: Canadian Mining has 50,000-t/y permit for Bromley Creek

BRITISH COLUMBIA – Vancouver-based Canadian Mining Co. has received a new five-year, 50,000-t/y quarry permit for its Bromley Creek zeolite mine lease near Princeton. The permit was issued by the BC Ministry of Energy and Mines, and it...

Canadian Mining Journal Staff | July 27, 2015 | 4:15 pm

GOLD-SILVER: Ascot planning bulk sample at Premier

BRITISH COLUMBIA – Ascot Resources of Surrey, BC, has begun an infill drilling program at its Premier gold-silver project north of Stewart. The goal is to determine the bulk sample potential of the property.

Canadian Mining Journal Staff | July 27, 2015 | 4:13 pm

COPPER-GOLD: EIA for Candelaria mine received by Lundin

CHILE – Lundin Mining Corp. of Toronto has received a positive environmental impact assessment for the extension of operations and mine life for the Candelaria copper-gold mine in the Atacama Desert. Lundin is the operator and 80% owner;...

Canadian Mining Journal Staff | July 27, 2015 | 4:12 pm

VALVES: DeZurik’s new KSL slurry knife gates handle high solids content

SARTELL, Minnesota – DeZurik's new KSL slurry knife gate valves are designed for on-off (isolation) service in applications consisting of abrasive, high solids content, wet or dry media. KSL-LA valves are ideally suited for applications...

Canadian Mining Journal Staff | July 27, 2015 | 4:11 pm

Guyana Goldfields nears first gold production at Aurora

Guyana Goldfields (TSX: GUY) is gearing up to start production at its Aurora gold project in Guyana in the coming weeks, which will make it the newest gold producer in the South American nation.

Canadian Mining Journal Staff | July 27, 2015 | 4:09 pm

COMMENT: One in 10 gold mines losing money

That's a headline guaranteed to make any gold bug sit up and take notice. What individuals think this means remains ripe for discussion.

Canadian Mining Journal Staff | July 23, 2015 | 5:15 pm

DIAMONDS: Continued success for Kennady in NWT

NORTHWEST TERRITORIES – Kennady Diamonds of Toronto continues with delineation-infill drilling at its Kennady North diamond property next to the Gahcho Kué mine, and the results are more than encouraging.

Canadian Mining Journal Staff | July 23, 2015 | 5:14 pm

MINING PEOPLE: Barrick, GeoMegA, Premier Gold, and Viscount Mining

Ned Goodman has resigned from the Barrick Gold board of directors. The Toronto-based company says he intends to focus on a new business venture in resources and other hard assets.

Canadian Mining Journal Staff | July 23, 2015 | 5:12 pm

ENGINEERING: Lapointe bringing northern BC expertise to Hatch

BRITISH COLUMBIA – Lapointe Engineering, a strong northern British Columbia multidisciplinary engineering firm, is joining Hatch, one of Canada’s leading employee-owned professional services firms with operations globally. Lapointe...

Canadian Mining Journal Staff | July 23, 2015 | 5:10 pm

Commentary: Fulfilling CSR goals without violating anti-corruption laws

CSR [corporate social responsibility] and anti-corruption initiatives are often approached differently both conceptually and within companies, yet they are linked. CSR considers the economic, social and environmental impacts of a...

Canadian Mining Journal Staff | July 23, 2015 | 5:07 pm

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