Canadian Mining Journal Staff, Author at Canadian Mining Journal

GOLD: Barrick faces lawsuit in U.S. over Pascua-Lama

MANHATTAN, New York – A U.S. district judge ruled on April 1, 2015, that shareholders of Toronto-based Barrick Gold may pursue a class action suit based on what shareholders allege was Barrick's deceit about environmental problems...

Canadian Mining Journal Staff | April 2, 2015 | 4:23 pm

MINING PEOPLE: INV Metals, Lundin Gold, Orvana, and Tantalex Resources

INV Metals of Toronto has informed its shareholders that CEO Robert Bell is taking a medical leave of absence. Candace MacGibbon has assumed his duties, as well as her own as president and CFO, while he is gone.

Canadian Mining Journal Staff | April 2, 2015 | 4:19 pm

WORK WEAR: Covergalls success featured on Dragons Den April 8

SUDBURY, Ontario – Covergalls Inc. will be featured on an upcoming episode of Dragons’ Den, airing Wednesday, April 8, 2015, at 8 p.m. (8:30 p.m. in Newfoundland) on CBC Television. As you may or may not know, Covergalls was...

Canadian Mining Journal Staff | April 2, 2015 | 4:16 pm

COPPER: Taseko’s Gibraltar mine wins John Ash Safety Award

BRITISH COLUMBIA – Taseko Mines of Vancouver is proud of the safety record at its Gibraltar copper-molybdenum mine. Proud, too, that the mine 65 km north of Williams Lake is the recipient of the 2014 John Ash Safety Award given the...

Canadian Mining Journal Staff | April 1, 2015 | 4:07 pm

CORPORATE SOCIAL RESPONSIBILITY: TMAC, Inuit sign land deal

NUNAVUT – Toronto's TMAC Resources have signed a 20-year land tenure and benefits agreement with the Kitikmeot Inuit Association (KIA) and Nunavut Tunngavik Inc. (NTI). The deal includes surface and sub-surface titles within Inuit owned...

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

GOLD: lonore reaches commercial production

QUEBEC – Goldcorp of Vancouver says its Éléonore gold mine in the James Bay region reached commercial production on April 1, 2015. The mine is expected to produce between 290,000 and 330,000 oz of gold in 2015.

Canadian Mining Journal Staff | April 1, 2015 | 4:05 pm

PRODUCTIVITY: Use data analytics and targeted training says Immersive Technologies

PERTH, Australia - It’s one of the biggest challenges facing mine sites today: “How can we increase productivity without compromising safety or increasing cost?” Immersive Technologies, a leader in mining training solutions,...

Canadian Mining Journal Staff | April 1, 2015 | 4:02 pm

Innovation key to solving mining sector woes

Miners are facing a more complex and difficult business environment than ever, with the pressures of rising costs, declining commodity prices, and rising social and investor demands continuing to build.

Canadian Mining Journal Staff | April 1, 2015 | 4:00 pm

RARE EARTHS: Pele Mountain invites Chinese to REE project

ONTARIO – Pele Mountain Resources of Toronto has entered into a tentative deal with a Chinese company in the hopes of finally developing its Echo Ridge rare earth property in Elliot Lake. The aim is to create a joint venture to build a...

Canadian Mining Journal Staff | March 31, 2015 | 4:14 pm

DIAMONDS: Stornoway draws down first tranche of stream financing

QUEBEC – Montreal-based Stornoway Diamond Corp. has drawn down the first US$80 million tranche of diamond stream funding supplied by Orion Mine Finance and the Caisse de depot et placement du Quebec. Two more tranches are to be drawn down...

Canadian Mining Journal Staff | March 31, 2015 | 4:12 pm

URANIUM: Fission drills high grades north of Main zone

SASKATCHEWAN – Fission Uranium of Kelowna, BC, has drilled mineralized intervals in all 15 of the recent holes at its Patterson Lake South uranium property on the western edge of the Athabasca Basin. Better yet, a new high grade interval...

Canadian Mining Journal Staff | March 31, 2015 | 4:11 pm

Golden Star to lower costs at Wassa gold mine

Cash-strapped Golden Star Resources (TSX: GSC; NYSE-MKT: GSS) has reported a feasibility study that shows adding an underground mine to its producing Wassa open pit gold mine in Ghana could bring down costs.

Canadian Mining Journal Staff | March 31, 2015 | 4:09 pm

COMMENT: Comings and goings-on at Barrick Gold

Being the world's largest producer of gold is a mixed blessing. Barrick Gold of Toronto holds that distinction, having produced 6.25 million oz of the stuff in 2014. Yes, it's great to be the biggest, but it also makes the company a lightning...

Canadian Mining Journal Staff | March 30, 2015 | 4:27 pm

ZINC-LEAD-COPPER: Trevali begins mining at Caribou project

NEW BRUNSWICK – Trevali Mining Corp. of Vancouver has begun mining at its Caribou zinc-lead-copper mine in the Bathurst Mining Camp. Ore is being stockpiled until the mill is commissioned in Q2 2015.

Canadian Mining Journal Staff | March 30, 2015 | 4:26 pm

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