Canadian Mining Journal Staff, Author at Canadian Mining Journal

Red Chris delay sends Imperial back to the market

In danger of breaking a loan covenant because of a slow ramp-up at its Red Chris copper-gold mine, in northwestern British Columbia, Imperial Metals (TSX: III) is turning once again to its largest shareholders for financial help.

Canadian Mining Journal Staff | May 21, 2015 | 4:17 pm

GOLD: Feasibility positive for Sabina’s Back River project

NUNAVUT – Vancouver-based Sabina Gold & Silver says the feasibility study for its Back River gold project is positive. Assuming a gold price of US$1,200/oz and a Canadian exchange rate of $0.87, the project has a post tax net present...

Canadian Mining Journal Staff | May 20, 2015 | 3:51 pm

GOLD: Rubicon enrols in long term power program

ONTARIO – Toronto's Rubicon Minerals Corp. is busy preparing the Phoenix gold mine and mill near Red Lake for production later this year, but not too busy to take a positive step toward controlling operating costs. The company has been...

Canadian Mining Journal Staff | May 20, 2015 | 3:50 pm

GOLD: Integra drills new, high grade zones 300 metres below current resource limit

QUEBEC – Integra Gold Corp. of Vancouver has drilled multiple, high grade, steeply dipping gold zones up to 300 metres below the current limit of estimated resources at the Triangle zone. One hole returned 19.30 g/t Au over 8.0 metres and...

Canadian Mining Journal Staff | May 20, 2015 | 3:49 pm

CABINETS: Rousseau offers custom colour patterns

ST-JEAN-PORT-JOLI, Quebec – For 65 years, Rousseau Metal has been creating cutting edge, high quality shelving, cabinets and workstations. While keeping up with new trends, Rousseau constantly updates its offering of standard colors to...

Canadian Mining Journal Staff | May 20, 2015 | 3:44 pm

Cordoba entices Friedland’s HPX into exploring Colombia

VANCOUVER — It’s been over a year since Mario Stifano, president and CEO of Cordoba Minerals (TSXV: CDB; US-OTC: CDBMF) shared an elevator with international financer Robert Friedland and sparked the billionaire’s...

Canadian Mining Journal Staff | May 20, 2015 | 3:40 pm

GOLD: Barrick continues to shed non-core assets

TORONTO – Barrick Gold continues to shed non-core assets as it attempts to reduce its corporate debt by US$3 billion this year. The latest project to get the boot is the Gold Ridge exploration project in Nevada.

Canadian Mining Journal Staff | May 19, 2015 | 4:10 pm

GOLD: Goldcorp named to NASDAQ sustainability index

VANCOUVER – Goldcorp has been named to the semi-annual re-ranking of the NASDAQ OMX CRD Global Sustainability Index for the second consecutive time. The listing recognizes Goldcorp as one of the world's top 100 companies for...

Canadian Mining Journal Staff | May 19, 2015 | 4:09 pm

ZINC: Mill commissioning begins at Caribou mine

NEW BRUNSWICK – Trevali Mining Corp. of Vancouver has begun the mill commissioning process at its 3,000-t/d Caribou zinc mine in the Bathurst Mining Camp. The company replaced, repaired or refurbished all key mill circuits in preparation...

Canadian Mining Journal Staff | May 19, 2015 | 4:07 pm

NICKEL: Second fatality at Ambatovy this year

MADAGASCAR – Sherritt International Corp. has reported a second death this year at the Ambatovy joint venture. The most recent incident occurred on May 16, 2015. An ore stockpile failure occurred, and the loose material completely buried...

Canadian Mining Journal Staff | May 19, 2015 | 4:06 pm

PARTNERSHIP: Jannatec joins Ultra-Deep Mining Network

SUDBURY, Ontario - Jannatec Technologies, developer of fully connected, wearable gear that that will improve the health of the miners as they go deeper underground, has joined the Ultra-Deep Mining Network (UDMN).

Canadian Mining Journal Staff | May 19, 2015 | 4:05 pm

Agnico invests in juniors Belo Sun, Pershimco

Belo Sun Mining (TSX: BSX; US-OTC: VNNHF) got a welcomed boost after Agnico Eagle Mines (TSX: AEM; NYSE: AEM) said it would buy a 17.4% interest in the junior for $15 million.

Canadian Mining Journal Staff | May 19, 2015 | 4:02 pm

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