Canadian Mining Journal Staff, Author at Canadian Mining Journal

GOLD: Lake Shore cuts thick, high grades at 144 Gap zone

ONTARIO – Lake Shore Gold of Toronto has the results of the final holes drilled last year in the 144 Gap zone near Timmins, and has outlined a promising high grade mineralized area over a 250-metre vertical height, 75 to 100 metres wide...

Canadian Mining Journal Staff | February 24, 2015 | 4:24 pm

GOLD: Temex achieves 98% recovery on Whitney sample

ONTARIO – Toronto-based Temex Resources says the results of metallurgical tests carried out on material from its Whitney high grade gold project are excellent.

Canadian Mining Journal Staff | February 24, 2015 | 4:23 pm

ENVIRONMENT: ICMM issues guide to catchment based water management

LONDON, UK – The International Council on Mining and Metals has published a comprehensive new approach to managing water around mines. "Practical guide to catchment based water management" offers a collaborative approach to water...

Canadian Mining Journal Staff | February 24, 2015 | 4:21 pm

AWARD: BBA honoured for work at Raglan mine

MONT-SAINT-HILAIRE, Quebec – On Feb. 3, 2014, BBA received an Énergia honourable mention in the category of industrial or manufacturing processes with $5 million or more in energy costs per year. BBA successfully optimized the...

Canadian Mining Journal Staff | February 24, 2015 | 4:19 pm

Commentary: Quebec gov’t to stabilize legislative framework for mining

Quebec’s position as the most attractive jurisdiction for mining exploration took quite a tumble in last year’s Fraser Institute survey, falling to twenty-first place. The political uncertainty in the past few years which has...

Canadian Mining Journal Staff | February 24, 2015 | 4:18 pm

OIL SANDS: Shell Canada withdraws application for Pierre River

ALBERTA – The shrinking oil price is taking its inevitable toll on oil sands projects. The latest casualty is Shell Canada's Pierre River project. Shell announced on Feb. 23 that is withdrawing the regulatory application for the mine.

Canadian Mining Journal Staff | February 23, 2015 | 4:03 pm

COPPER: Year end revenue up for Hudbay Minerals

TORONTO – Hudbay Minerals has posted its 2014 year end numbers, recording revenue of $559.96 million, compared to $516.80 million in 2013. Positive results for 2014 profit ($71.87 million) and operating cash flow ($15.35 million) added to...

Canadian Mining Journal Staff | February 23, 2015 | 4:02 pm

GOLD: Kirkland Lake Gold drills 180 g/t from previously untested part of Macassa mine

ONTARIO – Where better to find gold than in a gold mine? Kirkland Lake Gold did just that when it recently drilled 180.34 g/t Au over a true width of 0.7 metres in a large, unexplored area of the Macassa gold mine at Kirkland Lake. The...

Canadian Mining Journal Staff | February 23, 2015 | 4:00 pm

GOLD: Agnico, Orex to create JV on Barsele project

SWEDEN – Agnico Eagle Mines of Toronto and Orex Minerals of Vancouver intend to create a joint venture for development of Orex's Barsele gold project 600 km north of Stockholm.

Canadian Mining Journal Staff | February 23, 2015 | 3:58 pm

Updated PEA downsizes Wellgreen PGM project

Wellgreen Platinum (TSX: WG) has delivered an updated preliminary economic assessment (PEA) for its Wellgreen platinum group metals and nickel deposit, in the southern Yukon, that cuts capital costs and the project’s mine life while...

Canadian Mining Journal Staff | February 23, 2015 | 3:57 pm

GOLD: Barrick weighed down by $2.9B losses

TORONTO – Barrick Gold produced 6.25 million oz of gold in 2014, not a record, but at an all-in sustaining cost of US$864 per oz, it might have netted the company a healthy balance sheet. Instead, the world's largest gold producer lost a...

Canadian Mining Journal Staff | February 19, 2015 | 3:58 pm

GOLD: Record 2.87 million oz produced by Goldcorp in 2014

VANCOUVER – Last year Goldcorp sold 2.67 million oz of gold on record production of 2.87 million oz at all-in sustaining costs of US$949 per oz. That combination gave the company US$4.5 billion in adjusted revenues and US$498 million in...

Canadian Mining Journal Staff | February 19, 2015 | 3:56 pm

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