Canadian Mining Journal Staff, Author at Canadian Mining Journal

GOLD-COPPER: Imperial to restart Mount Polley at 50% of capacity

BRITISH COLUMBIA – The BC Ministry of Energy and Mines and the BC Ministry of Environment have issued permit amendments that will allow Vancouver's Imperial Metals Corp. to restart operations at its Mount Polley gold-copper mine 100 km...

Canadian Mining Journal Staff | July 9, 2015 | 1:20 pm

NICKEL: Royal Nickel closes $12M financing

QUEBEC – Royal Nickel Corp. of Toronto has completed a $12.6-million deal with Orion Mine Finance. The finance company will invest the funds in return for a 0.75% net smelter return royalty on the Dumont nickel project and 10 million...

Canadian Mining Journal Staff | July 9, 2015 | 1:18 pm

COPPER-ZINC: Yorbeau drills new sulphide lens at Scott Lake

QUEBEC – Yorbeau Resources of Montreal says the third hole in a gap zone, a 67-metre step-out from the discovery hole, at Scott Lake confirms the discovery of a new massive sulphide lens outside the current resource. The find is on a new...

Canadian Mining Journal Staff | July 9, 2015 | 1:17 pm

NICKEL: First Nickel lays off 26 Lockerby miners

ONTARIO – The first layoffs – 26 of them last week – have begun at the Lockerby nickel-copper mine 30 km west of Sudbury. The owner, First Nickel of Toronto, announced last month that lower metal prices were forcing it to...

Canadian Mining Journal Staff | July 9, 2015 | 1:04 pm

MINING PEOPLE: Discovery Ventures, Hatch, Noront, Pangolin, and True Gold

Vancouver-based Discovery Ventures has asked Dan Omeniuk to be its CEO, chairman and a director of the company. He is the founder of Trappers Transport, developing it into an industry leader over the last 30 years.

Canadian Mining Journal Staff | July 9, 2015 | 1:02 pm

Editorial: China stock market crash hits commodities

While the year long bubble in the Chinese stock market didn’t translate into higher commodity prices, the spectacular bursting of the bubble over the past month has slammed a wide swath of commodities – including iron ore, copper,...

Canadian Mining Journal Staff | July 9, 2015 | 1:01 pm

ALUMINUM: Modernized Kitimat smelter begins production

BRITISH COLUMBIA – International diversified miner Rio Tinto is preparing the first shipments of aluminum from its modernized Kitimat smelter.

Canadian Mining Journal Staff | July 8, 2015 | 1:24 pm

RARE EARTHS: Ucore to build SuperLig-One pilot plant

HALIFAX – Ucore Rare Metals is proceeding with the design and construction of the SuperLig®-One pilot plant to test using molecular recognition technology (MRT) for the separation of rare earth elements on a bulk scale.

Canadian Mining Journal Staff | July 8, 2015 | 1:22 pm

ZINC: Murchison picks up more land at Brabant project

SASKATCHEWAN – Murchison Minerals of Toronto has filed additional claims covering about 940 ha adjacent to its 3,202-ha Brabant zinc project near the town of Brabant Lake. The extra claims cover electromagnetic conductor trends identified...

Canadian Mining Journal Staff | July 8, 2015 | 1:21 pm

GOLD: Donlin draft EIS to be filed by year end

ALASKA – Equal partners NovaGold Resources of Vancouver and Barrick Gold Corp. of Toronto are working hard at the environmental impact statement for their Donlin gold project 450 km northwest of Anchorage. They have set a year end target...

Canadian Mining Journal Staff | July 8, 2015 | 1:19 pm

GOLD: Columbus pleased with Montagne d’Or PEA

FRENCH GUIANA – Vancouver's Columbus Gold Corp. says its is pleased with the preliminary economic assessment of the Montagne d'Or gold deposit at the Paul Isnard project. SRK Consulting (US) prepared the report.

Canadian Mining Journal Staff | July 8, 2015 | 1:16 pm

Stars realign for Largo in Brazil

Largo Resources (TSXV: LGO) is maintaining its 2015 guidance at the Maracas Menchen vanadium mine in Bahia, Brazil, despite the slower than expected ramp up.

Canadian Mining Journal Staff | July 8, 2015 | 1:10 pm

COMMENT: Denison, Fission combination to create diversified uranium enterprise

Denison Mines Corp. of Toronto and Fission Uranium Corp. of Kelowna, BC, have announced plans to combine their businesses, creating a diversified uranium enterprise. The new company will have Denison's 22.5% of the McLean Lake mill, 60% of the...

Canadian Mining Journal Staff | July 7, 2015 | 1:23 pm

GOLD: TMAC IPO reaps $135M

TORONTO – TMAC Resources has completed its initial public offering, raising $136 million in the process. The company issued 22.5 million common shares at a price of $6.00 per share. The shares are trading on the TSX under the symbol TMR.

Canadian Mining Journal Staff | July 7, 2015 | 1:21 pm

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