Canadian Mining Journal Staff

NICKEL: SNC-Lavalin to sell Ambatovy share for $600M

MADAGASCAR – SNC-Lavlin of Montreal has elected to sell its 5% share in the Ambatovy laterite nickel joint venture to Sumitomo Corp. for $600 million. Sumitomo will now enjoy a 32.5% interest in the project. The balance is held by...

Canadian Mining Journal Staff | October 1, 2015 | 4:17 pm

MINERAL SANDS: Titanium Corp., Syncrude strike patent and production deal

ALBERTA – Titanium Corp. and Syncrude Canada, both of Calgary, have arranged co-ownership of one of Titanium’s patents and the first right for Titanium to propose commercial recovery of heavy  minerals at Syncrude site.

Canadian Mining Journal Staff | October 1, 2015 | 4:16 pm

PALLADIUM: NAP shrinks Lac des Iles workforce

ONTARIO – Weak metal prices have forced Toronto-based North American Palladium to announce workforce reductions at its Lac des Iles palladium mine 85 km northwest of Thunder Bay. A total of 44 employees, including 18 staff and 26...

Canadian Mining Journal Staff | October 1, 2015 | 4:14 pm

MINING PEOPLE: Amerigo, INV Metals, Nevada Exploration, Pretium, and Puma Exploration

Amerigo Resources of Toronto has made some changes to its leadership as Dr. Klaus Zeitler retires as CEO but remains chairman of the board. Rob Henderson, currently president and COO, will assume the role of CEO. Aurora Davidson becomes...

Canadian Mining Journal Staff | October 1, 2015 | 4:09 pm

HOIST ROPES: SAS chooses Redaelli

ONTARIO – St Andrew Goldfields (SAS) of Toronto has chosen Redaelli wire ropes for the production hoist at its Holt mine near Timmins. On the production hoist, SAS has chosen Redaelli Pack 1P Seven ropes, 45 mm diameter and 2,134 meters...

Canadian Mining Journal Staff | October 1, 2015 | 4:08 pm

Balmoral offers a new way to play the Detour trend

VANCOUVER —  Any investor on the lookout for a junior explorer offering base and precious metal exposure via emerging in situ metal resources and strategic land positions, might take a second glance at Balmoral...

Canadian Mining Journal Staff | October 1, 2015 | 4:06 pm

October CMJ cover

The October 2015 cover is a picturesque view of the huge Canadian Malartic gold mine in Malartic, Qukebec.

Canadian Mining Journal Staff | October 1, 2015 | 12:00 am

GOLD: Six judges named for Integra challenge

VANCOUVER – Integra Gold Corp. has named the six internationally recognized judges to review submissions to is Gold Rush Challenge. The judges  represent the academia, finance and mining sectors.

Canadian Mining Journal Staff | September 30, 2015 | 4:15 pm

COPPER-GOLD: Atico drills 5.78% Cu and 2 g/t Au at El Roble

COLOMBIA – Atico Mining Corp. of Vancouver has intersected high grades during drilling at its El Roble copper-gold mine 145 km east of Medellin. The find continues to extend mineralization at Zeus.

Canadian Mining Journal Staff | September 30, 2015 | 4:14 pm

GOLD: Barrick streaming deal and debt tender offer

TORONTO – Barrick Gold has closed a gold streaming transaction with a subsidiary of Royal Gold involving production from the Pueblo Viejo gold mine in which Barrick holds a 60% interest in the Dominican Republic. Vancouver-based Goldcorp...

Canadian Mining Journal Staff | September 30, 2015 | 4:13 pm

GEMSTONES: True North pours concrete for processing plant

GREENLAND – Vancouver-based True North Gems has begun pouring the concrete for the mineral processing plant at the Aappaluttoq ruby and pink sapphire project in the Fiskenaesset region. The floor has been poured and the wall and ceiling...

Canadian Mining Journal Staff | September 30, 2015 | 4:11 pm

Amerigo processes new tailings source in Chile

Amerigo Resources (TSX: ARG; US-OTC: ARREF) hasn’t lost much time since it cut a deal with Codelco in April 2014 to treat a new source of tailings from the miner’s El Teniente mine, the world’s largest underground copper...

Canadian Mining Journal Staff | September 30, 2015 | 4:10 pm

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