Canadian Mining Journal Staff

GOLD: Goldcorp ounces up, costs down at year end

VANCOUVER – For 2014, Goldcorp reports that gold production is up 11% and costs have dropped 6%. Record quarterly production during Q4 was 886,000 oz, as a total of 2.87 million oz were produced last year. All in sustaining costs averaged...

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

GOLD: Rainy River project gets environmental nod

ONTARIO – The Rainy River gold project belonging to New Gold of Vancouver has received the environmental okay from Environment Canada. Mitigation measures and follow-up programs are stipulated for the high grade project 80 km from Kenora.

Canadian Mining Journal Staff | January 13, 2015 | 4:28 pm

GOLD: Kaminak reports infill results from Coffee Latte deposit

YUKON – Vancouver's Kaminak Gold Corp. has received the most recent assays from the Latte deposit at its Coffee project 130 km south of Dawson City. The results are important because the Latte deposit will contribute about 21% of the...

Canadian Mining Journal Staff | January 13, 2015 | 4:27 pm

GOLD: Yamana arranges $260M+ equity financing

TORONTO – Yamana Gold has entered into an agreement to issue 29.1 million common shares at a price of $5.30 each to a syndicate of underwriters lead by Canaccord Genuity and National Bank Financial Markets. Proceeds will be $260.23...

Canadian Mining Journal Staff | January 13, 2015 | 4:26 pm

CRUSHERS: Sandvik launches mid-range mining series

AMSTERDAM – Sandvik Mining has expanded its CH800 series of mining cone crushers, launching two technologically advanced models that improve productivity and profitability in the mid-range segment.

Canadian Mining Journal Staff | January 13, 2015 | 4:25 pm

Petaquilla could lose Molejon mine

Vancouver-based Petaquilla Minerals (TSX: PTQ; OTCBB: PTQMF), operator of the Molejon open pit gold mine in Panama, is facing scrutiny from Canadian and Panamanian regulators, leading to a possible cancellation of its mining...

Canadian Mining Journal Staff | January 13, 2015 | 4:24 pm

URANIUM: Fission says PLS maiden resource tops 100M lb

SASKATCHEWAN – Fission Uranium Corp. of Kelowna, BC, has made the eagerly awaited maiden resource estimate for its Patterson Lake South uranium project in the Athabasca Basin. The deposit contains more than 100 million lb of U3O8 –...

Canadian Mining Journal Staff | January 12, 2015 | 4:04 pm

NICKEL-COPPER: First nickel reduces costs at Lockerby mine

ONTARIO – Toronto-based First Nickel is restructuring the Lockerby nickel-copper mine near Sudbury in an effort to reduce costs, increase exploration and extend the life of the project.

Canadian Mining Journal Staff | January 12, 2015 | 3:50 pm

GOLD: Coastal Gold updates high grade estimate at Hope Brook

NEWFOUNDLAND – Coastal Gold Corp. of Toronto has updated the high grade underground resource at the Hope Brook gold project near Port aux Basques. The former producer is believed to contain 5.5 million indicated tonnes at 4.77 g/t Au...

Canadian Mining Journal Staff | January 12, 2015 | 3:49 pm

GOLD: Magino met results improve for Argonaut

ONTARIO – There may be new life yet for the former Magino gold mine 40 km west of Wawa. At least owner Argonaut Gold hopes so. The Toronto-based company recently concluded metallurgical testing that showed up to 70% gold recovery in...

Canadian Mining Journal Staff | January 12, 2015 | 3:47 pm

ENVIRONMENT: Only EPA approved NOx and particulate retrofit control device from Nett Technologies

MISSISSAUGA, Ontario – Nett Technologies of Mississauga, ON, proud to announce the successful verification of its BlueMAX™ PLUS 100 SCR system by the US Environmental Protection Agency (EPA). The BlueMAX™ PLUS 100 SCR system...

Canadian Mining Journal Staff | January 12, 2015 | 3:46 pm

Banks Island hits commercial production at Yellow Giant

Banks Island Gold’s (TSXV: BOZ) Yellow Giant gold-silver project is the latest mine to achieve commercial production in northwestern British Columbia.

Canadian Mining Journal Staff | January 12, 2015 | 3:44 pm

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