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Canadian Mining Journal Staff
Posts by Canadian Mining Journal Staff:
Eldorado Gold halts Greek ops as uncertainty rises
Haywood Securities analyst Kerry Smith says Greece’s energy minister Panos Skourletis was on a “fishing expedition” when he revoked the technical studies on Eldorado Gold’s (TSX: ELD; NYSE: EGO) Skouries and...
DIAMONDS: Results from Kennady’s Kelvin bulk sample
NORTHWEST TERRITORIES – Toronto-based Kennady Diamonds is pleased with the results of the recent bulk sample from the Kelvin kimberlite at the Kennady North project.
GOLD-COPPER: Seabridge confirms extension of Deep Kerr deposit
BRITISH COLUMBIA – Seabridge Gold has released results for this year’s first drill holes for the Deep Kerr gold-copper deposit at its KSM project 65 km northwest of Stewart.
VANADIUM: Maracas Menchen sets two new production records
BRAZIL – Toronto’s Largo Resources has reported two new production records this month at its Maracas Menchen vanadium pentoxide plant in the Bahia state. On Aug. 23 a new daily production record of 27 tonnes V2O5 or 102% of plant...
RARE EARTHS: Molycorp to mothball Mountain Pass plant
CALIFORNIA – Molycorp Inc. of Denver has decided to place its Mountain Pass rare earth facility in the town of the same name on care-and-maintenance. The company blames the dramatic decline in rare earths prices over the past four years.
Rick Rule: ‘There are probably 1,500 superfluous listings’
At the Sprott/Stansberry Natural Resource Symposium held in Vancouver in late July, Rick Rule, chairman of Sprott U.S. Holdings Inc., spoke with The Northern Miner about the state of the mining industry and its future.
GOLD: Goldrea readies mill for small miners
PERU – October is the target date for start-up of a 10-t/d gold milling plant currently under construction by Goldrea Resources Corp. of Vancouver. The plant will be located outside the town of Las Lomas in the northern province of Piura.
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RARE EARTHS: Tests by Medallion produce calcium phosphate by-product
VANCOUVER – Bench scales testing of Medallion Resources’ rare earth extraction process has resulting in the production of calcium phosphate by-product. The company hopes to use monazite to extract rare earths.
LUBRICANTS: Henkel introduces one-handed application for Loctite
ROCKY HILL, Connecticut – For precise, one-hand dispensing of Loctite® anti-seize lubricants, Henkel Corporation has introduced a compact new package that features an easy-to-use Brush-Top applicator. Sized to facilitate hand...
Stillwater retrenches in hopes of PGM recovery
VANCOUVER — Denver-based Stillwater Mining (TSX: SCW.U; NYSE: SWC) has been forced to make tough decisions in response to falling platinum group metals (PGM) prices, with layoffs and a sharper focus on cost control that will hopefully...
Mining People: Super Copper, Oroco Resources, Centerra Gold, REalloys, Bathurst Metals, Lincoln Gold Mining
Management changes announced this week: Andean Precious Metals advised Yohann Bouchard and the company have mutually agreed to part ways. To support […]