Canadian Mining Journal Staff, Author at Canadian Mining Journal

Agnico to consolidate El Barqueno with Soltoro bid

VANCOUVER — It’s been a busy 12 months on the acquisition front for Agnico Eagle Mines (TSX: AEM; NYSE: AEM), and the company continued its drive on April 10 with a $32-million bid for Toronto-based...

Canadian Mining Journal Staff | April 16, 2015 | 4:03 pm

SAFETY: Long-awaited Ontario mine safety review released

ONTARIO – The Ontario government's long-awaited Mining Health, Safety and Prevention Review was officially released this morning, April 15, 2015, in Sudbury. It was released by provincial labour minister Kevin Flynn.

Canadian Mining Journal Staff | April 15, 2015 | 4:41 pm

URANIUM: Cameco nets supply contract with India

SASKATOON – Cameco has signed a long term supply agreement with the Indian department of atomic energy to provide 7.1 million lb of Canadian uranium concentrate through 2020. The uranium will be used for the generation of electricity in...

Canadian Mining Journal Staff | April 15, 2015 | 4:40 pm

MINING PEOPLE: Lakeside, Lundin Gold, Sierra Metals, and SNC-Lavalin

Lakeside Minerals of Toronto has named Peter Cashin, a director, to the role of president and CEO. He replaces Yannis Banks who resigned from the positions but will remain chairman of the company. Cashin is also president, CEO and a director of...

Canadian Mining Journal Staff | April 15, 2015 | 4:37 pm

New Armenian legislation helps Lydian’s bottom line

Lydian International (TSX: LYD) says new mine ramp gradients will allow it to save up to $100 million in operating costs, and trim total cash costs to US$600 per oz from US$642 per oz at its Amulsar gold project in southern Armenia.

Canadian Mining Journal Staff | April 15, 2015 | 4:35 pm

GOLD: Rubicon begins mill commissioning

ONTARIO – Toronto's Rubicon Minerals Corp. has begun commissioning the 1,250-t/d mill at its Phoenix gold project in the Red Lake camp. This milestone was reached ahead of schedule, and the project remains on track for initial production...

Canadian Mining Journal Staff | April 14, 2015 | 4:19 pm

VANADIUM: Maiden inferred resource for Lac Dore deposit

QUEBEC – VanadiumCorp Resource of Vancouver has released the first 43-101-compliant inferred resource for its Lac Dore vanadium project 70 km southeast of Chibougamau.

Canadian Mining Journal Staff | April 14, 2015 | 4:15 pm

GOLD: WPC releases new estimate for Ulu

NUNAVUT – WPC Resources of Vancouver has completed a new resource estimate for the Ulu gold property 155 km north of the former Lupin mine. Specifically, the Flood zone has a measured and indicated resource of 2.50 million tonnes at 7.53...

Canadian Mining Journal Staff | April 14, 2015 | 4:12 pm

Alamos, AuRico unveil US$1.5-billion ‘merger of equals’

VANCOUVER — Alamos Gold (TSX: AGI; NYSE: AGI) and AuRico Gold (TSX: AUG; NYSE: AUQ) have apparently been in an on-again, off-again courtship for a couple of years, but on April 13 the companies tied the knot amidst a...

Canadian Mining Journal Staff | April 14, 2015 | 4:11 pm

GOLD: Kirkland Lake updates reserve ounces and grade

ONTARIO – Kirkland Lake Gold has been working hard to expand the resources and reserves at its mines in the town of the same name, and the effort is paying off handsomely.

Canadian Mining Journal Staff | April 13, 2015 | 4:29 pm

COPPER-PGM: Northern Sun suspends milling in Timmins

ONTARIO – Northern Sun Mining of Toronto has temporarily suspended operations at its Redstone mill near Timmins. The shutdown, necessitated by the lack of ore deliveries and low inventory, is expected to last four to eight weeks.

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

NIOBIUM: NioCorp likes the look of Elk Creek

NEBRASKA – Vancouver-based NioCorp Developments has completed a positive preliminary economic assessment of its Elk Creek niobium project near Lincoln. It anticipates building a 3,700-t/d operation with a 36-year life that will produce...

Canadian Mining Journal Staff | April 13, 2015 | 4:24 pm

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