Canadian Mining Journal Staff

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

GOLD: Deep drilling at Island Gold extends mineralization to 1,200 metres for Richmont

ONTARIO – Richmont Mines of Montreal reports that the latest deep exploration drill program successfully extended the known mineralization at its Island Gold mine to 1,200 metres. The program targeted the down plunge projection of the...

Canadian Mining Journal Staff | January 8, 2015 | 4:19 pm

GOLD: Lake Shore fattens treasury after record 2014 production

ONTARIO – Gold production in 2014 set a new record – 185,600 oz – for Toronto's Lake Shore Gold. That amount topped the guidance number that was set at between 160,000 and 180,000 oz last year.

Canadian Mining Journal Staff | January 8, 2015 | 4:18 pm

GOLD: Anaconda makes new gold find at Pine Cove

NEWFOUNDLAND – Anaconda Mining of Toronto has made another gold discovery 5 km from the Pine Cove mill in the Baie Verte mining district. The area of interest, the Argyle zone, lies between the Stog'er Tight deposit and the town of Ming's...

Canadian Mining Journal Staff | January 8, 2015 | 4:16 pm

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