Canadian Mining Journal Staff

COPPER-GOLD: Low social, environmental impact for Solwara 1 project

PAPUA NEW GUINEA – Toronto's Nautilus Minerals has received an independent report that concludes the undersea Solwara 1 copper-gold project has the potential to have far less social and environmental impact than similar projects on land.

Canadian Mining Journal Staff | June 2, 2015 | 4:03 pm

Lundin faces scrutiny at Candelaria in Chile

Less than a year after Lundin Mining Corp. (TSX: LUN) acquired an 80% stake in Freeport-McMoRan Copper & Gold’s (NYSE: FCX) Candelaria copper mine in Chile in a deal worth $1.8 billion, environmental regulators in the South...

Canadian Mining Journal Staff | June 2, 2015 | 4:01 pm

COMMENT: Transparency act comes into force today

Today, June 1, 2015, Canada's Extractive Sector Transparency Measures Act (ESTMA) has come into force. The intent is to enhance accountability of payments made by the mining, oil and gas industries to all levels of government around the world.

Canadian Mining Journal Staff | June 1, 2015 | 4:24 pm

URANIUM: Fission hits 14% U3O8 as R600W zone expands

SASKATCHEWAN – Fission Uranium Corp. of Kelowna, BC, enjoys continuing success as it drills the Triple R deposit at its Patterson Lake South property on the southwest edge of the Athabasca Basin. This time a step out hole in the R600W...

Canadian Mining Journal Staff | June 1, 2015 | 4:22 pm

GOLD: Eagle feasibility updated by Victoria Gold

YUKON – Toronto's Victoria Gold Corp. has filed a revised feasibility study for its Eagle gold (Dublin Gulch) project 375 km north of Whitehorse. At the request of the Ontario Securities Commission, the report now includes after tax...

Canadian Mining Journal Staff | June 1, 2015 | 4:21 pm

GRAPHITE: Albany project gets positive PEA

ONTARIO – Zenyatta Ventures of Thunder Bay, ON, says the preliminary economic assessment looks good for its Albany hydrothermal graphite project near Hearst. The PEA was prepared by RPA Inc. with milling input from SGS Canada.

Canadian Mining Journal Staff | June 1, 2015 | 4:20 pm

Analysts weigh in on South32

Last week, BMO Capital Markets initiated coverage of BHP Billiton (LSE: BLT) spin-off South32 (LSE: S32), commenting that the shares of the newly created mining company “represent a more compelling investment than BHP...

Canadian Mining Journal Staff | June 1, 2015 | 4:18 pm

OIL SANDS: Environmental improvement report tabled

OTTAWA – The Council of Canadian Academies (www.ScienceAdvice.ca) has released a new report on mitigating the environmental impact of Alberta's oil sands. The report says short to medium term technologies can reduce the footprint on a per...

Canadian Mining Journal Staff | May 28, 2015 | 4:20 pm

COAL: Temporary shutdowns for six Teck collieries

BRITISH COLUMBIA – The failing coal market has forced Teck Resources of Vancouver to announce temporary shutdowns at its six Canadian steelmaking coal operations to adjust production and inventories. The Fording River, Greenhills, Line...

Canadian Mining Journal Staff | May 28, 2015 | 4:18 pm

PALLADIUM: Timing of Lac des Iles mill restart uncertain

ONTARIO – Milling at the Lac des Iles palladium project 85 km northwest of Thunder Bay, has been suspended and owner North American Palladium says the timing of the restart is uncertain. The late and rapid onset of spring has caused water...

Canadian Mining Journal Staff | May 28, 2015 | 4:16 pm

MINING PEOPLE: Golden Minerals, Guyana Goldfields, and Montan Mining

Golden Minerals Co. of Golden, CO, has promoted Warren Rehn to president, replacing Jeffrey G. Clevenger who continues to serve as chairman and CEO.

Canadian Mining Journal Staff | May 28, 2015 | 4:14 pm

COMMUNICATIONS: Galaxy Broadband, Telesat sign deal for Ka-band capacity

MISSISSAUGA, Ontario – Galaxy Broadband Communications has signed long term capacity agreements with Telesat for multiple transponder equivalents of Ka-band space segment on Telesat's Anik F2 satellite to support business growth in...

Canadian Mining Journal Staff | May 28, 2015 | 4:13 pm

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