Canadian Mining Journal Staff

DRILLING: Boart Longyear marks 125 years

LEADVILLE, Colorado - Boart Longyear of Salt Lake City, UT, the world's leading provider of integrated drilling services and drilling products, celebrated its 125th anniversary on June 3, 2015, marking the occasion by announcing a historic...

Canadian Mining Journal Staff | June 3, 2015 | 4:07 pm

Aureus Mining pours first gold at New Liberty in Liberia

Just a month and a half behind schedule and three weeks after the World Health Organization marked the end of the Ebola outbreak in Liberia, Aureus Mining (TSX: AUE; LSE: AUE) celebrated the first gold pour at its New Liberty open pit...

Canadian Mining Journal Staff | June 3, 2015 | 4:05 pm

MOLYBDENUM-COPPER: Thompson Creek puts suspended Endako mine on care and maintenance, updates Mount Milligan

BRITISH COLUMBIA – Thompson Creek Metals Company (75%) of Denver and joint venture partner Sojitz Moly Resources (25%) of Japan are placing their Endako molybdenum mine on care and maintenance as of July 1, 2015. The mine is 190 km west...

Canadian Mining Journal Staff | June 2, 2015 | 4:06 pm

TUNGSTEN: North American Tungsten announces temporary layoffs

NORTHWEST TERRITORIES – Vancouver-based North American Tungsten Corp. has announced a series of temporary layoffs at the Cantung mine 310 km northeast of Watson Lake, near the Yukon border.The layoffs will occur over a six-week period...

Canadian Mining Journal Staff | June 2, 2015 | 4:04 pm

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

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