Canadian Mining Journal Staff

Royal Nickel could be takeover target, analyst says

Royal Nickel Corp. (TSX: RNX) is an attractive takeover candidate, mining analyst Nik Rasskazovskiy of independent investment dealer Salman Partners contends in a recent research note.  

Canadian Mining Journal Staff | March 10, 2015 | 3:49 pm

SILVER: Banks Island Gold sells Yellow Giant silver stream

BRITISH COLUMBIA – Vancouver's Banks Island Gold has signed a binding letter of intent with SilverStream SEZC for the silver stream from its Golden Giant gold project on Banks Island. The deal is worth US$1.5 million.

Canadian Mining Journal Staff | March 9, 2015 | 3:46 pm

GOLD: Output up at Atna’s Pinson mine

NEVADA – Atna Resources of Golden, CO, has added a second shift of miners at its Pinson gold mine near Winnemucca. The change, made in January, has pushed ore output up to 200 t/d with an average grade of 10.7 g/t Au. A total of 2,600 oz...

Canadian Mining Journal Staff | March 9, 2015 | 3:44 pm

GOLD: West Kirkland improves recovery for Hasbrouck deposit

NEVADA – As part of the prefeasibility work, West Kirkland Mining of Vancouver reports that using high pressure grinding rolls on material from the Hasbrouck deposit boosted heap leach recovery to 72.6% from 60% from earlier tests using...

Canadian Mining Journal Staff | March 9, 2015 | 3:43 pm

Mick Davis’ X2 Resources poised for launch after US$5.6B raise

VANCOUVER – A dearth in the availability of traditional equity financing has led to the rise of specialist, mining related investment funds, and there looks to be another major player taking the field. In early March newly minted private...

Canadian Mining Journal Staff | March 9, 2015 | 3:41 pm

DIAMONDS: Stornoway begins pre-stripping at Renard

QUEBEC – Stornoway Diamond Corp. of Montreal reported on March 5 that pre-stripping has begun for the Renard 2-Renard 3 open pit at the Renard diamond project. Renard, located 350 km north of Chibougamau in the James Bay region, will be...

Canadian Mining Journal Staff | March 5, 2015 | 4:09 pm

MERGER: Altius, Callinan to merge, creating diversified royalty company

ST. JOHN'S and VANCOUVER – Altius Minerals Corp. and Callinan Royalties Corp. have announced plans to merge, creating a diversified mining royalty company. Callinan is to become a  wholly owned subsidiary of Altius.

Canadian Mining Journal Staff | March 5, 2015 | 4:08 pm

GOLD: Robex to restart Nampala mine at 4,000-t/d

MALI – Robex Resources of Quebec City has announced plans to restart production at its Nampala gold mine in the third quarter of this year. When mining was suspended in October 2014, the mill was operating at a rate of 2,500 t/d, but the...

Canadian Mining Journal Staff | March 5, 2015 | 4:06 pm

MINING PEOPLE: AndeanGold, ArcelorMittal, and Matamec Explorations

AndeanGold of Vancouver has named Alexander Pena Bottcher as its new president and CEO. He had been serving in an interim capacity since November 2014.

Canadian Mining Journal Staff | March 5, 2015 | 4:04 pm

Commentary: Aboriginal Peoples score 200 legal wins in Canada’s resources sector

Pipelines, energy exports, fracking, clear-cuts, tailings ponds and access to resources are daily in the news as the industry faces pushback on traditional lands from natives who feel that their way of life is threatened. But what’s...

Canadian Mining Journal Staff | March 5, 2015 | 4:03 pm

DIAMONDS: Tuzo Deep continuity confirmed at Gahcho Ku

NORTHWEST TERRITORIES –Toronto's Mountain Province Diamonds, 49% owner of the Gahcho Kué diamond project 280 km northeast of Yellowknife, reports that diamond recovery results confirm the continuity of the Tuzo Deep kimberlite to...

Canadian Mining Journal Staff | March 4, 2015 | 4:08 pm

TITANIUM: Argex awards EPC contract for industrial scale TiO2 plant

QUEBEC – Argex Titanium of Montreal has awarded the engineering, procurement and construction contact to Tecnicas Reunidas Group for Argex's first industrial scale, 50,000-t/y titanium dioxide plant. The plant will be located in...

Canadian Mining Journal Staff | March 4, 2015 | 4:05 pm

GRAPHITE: Zenyatta receives $500K grant from Ontario

ONTARIO – Zenyatta Ventures of Thunder Bay, ON, has received a grant of $500,000 from the Northern Ontario Heritage Fund Corp. for continued work on the flow sheet for the Albany graphite deposit.

Canadian Mining Journal Staff | March 4, 2015 | 4:04 pm

GOLD: Richmond signs MOU with First Nations to cover Swayze claims

ONTARIO – Richmond Minerals of Toronto has signed a memorandum of understanding with the Brunswick House, Flying Post and Chapleau Cree First Nations regarding the Swayze gold project in Raney and Rollo townships near Chapleau. The MOU...

Canadian Mining Journal Staff | March 4, 2015 | 4:03 pm

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