Canadian Mining Journal Staff, Author at Canadian Mining Journal

GOLD: Atlantic Gold shares resource numbers from Fifteen Mile Stream

NOVA SCOTIA – Atlantic Gold Corp. of Vancouver has made a maiden mineral estimate for its Fifteen Mile Stream gold deposit 95 km northeast of Halifax. The deposit lies along the same geological trend as the company's other deposits...

Canadian Mining Journal Staff | February 18, 2015 | 4:12 pm

OIL SANDS: Imperial to build new research centre

CALGARY – Imperial Oil will soon break ground for a research facility in southeast Calgary. This will be the new home of the company's quest to develop the next generation of bitumen recovery technologies for safely and efficiency...

Canadian Mining Journal Staff | February 18, 2015 | 4:08 pm

Primero eyes more production, lower costs in 2015

Primero Mining (TSX: P; NYSE: PPP) forecasts better prospects in 2015, following a troublesome 2014, where it recorded an 89% drop in adjusted profit, despite meeting its full year production guidance.

Canadian Mining Journal Staff | February 18, 2015 | 4:05 pm

GOLD: SAS gives okay to commercial production at Taylor

ONTARIO – St Andrew Goldfields has given the green light for commercial production at its Taylor gold project 53 km east of Timmins. The decision comes on the heels of a successful bulk sample processing program completed last month.

Canadian Mining Journal Staff | February 17, 2015 | 4:07 pm

MERGER: Timmins Gold, Newstrike Capital to combine

VANCOUVER – Timmins Gold Corp. and Newstrike Capital have reached an agreement to allow Timmins gold to acquire all of the issued and outstanding common shares of Newstrike by way of a court approved plan of arrangement.

Canadian Mining Journal Staff | February 17, 2015 | 4:05 pm

RARE EARTHS: Pele Mountain shifts focus to monazite

ONTARIO – After a decade of work at its Eco Ridge uranium property in Elliot Lake, Toronto's Pele Mountain Resources is shifting its focus to the recovery of rare earths from monazite-bearing tailings. The company intends to create a low...

Canadian Mining Journal Staff | February 17, 2015 | 4:04 pm

EXPLOSIVES: Dyno Nobel’s Titan emulsion proven safer, cleaner, lower cost

SALT LAKE CITY – Dyno Nobel, a global leader in commercial explosives, reported successful results from a trial of its Differential Energy technology taking place at a surface molybdenum mine in the United States. The mine agreed to an...

Canadian Mining Journal Staff | February 17, 2015 | 4:02 pm

‘Still early days’ for Agnico at Amaruq

VANCOUVER – Agnico Eagle Mines’ (TSX: AEM; NYSE: AEM) Amaruq deposit in Nunavut is continuing to build up its reputation as one of Canada’s most exciting grassroots gold discoveries.

Canadian Mining Journal Staff | February 17, 2015 | 4:01 pm

GOLD: Agnico Eagle yields record 1.4M oz in 2014

TORONTO – Agnico Eagle Mines recorded its highest ever annual production – 1.43 million oz of gold – in 2014. Not only was that number above guidance, but the all-in sustaining costs of US$954 per oz on a by-product basis was...

Canadian Mining Journal Staff | February 12, 2015 | 4:16 pm

NICKEL: Ambatovy boosts Sherritt bottom line

TORONTO – Sherritt International registered a combined revenue figure for 2014 of $1.14 billion, due in part to the 47% increase in nickel production from the Ambatovy project in Madagascar. Sherritt's share of production (40%) was 14,821...

Canadian Mining Journal Staff | February 12, 2015 | 4:14 pm

ZINC-COAL: Outlook good for Teck despite revenue drop

VANCOUVER – Teck Resources reported that gross profit before depreciation and amortization in 2014 was $2.9 billion compared with $3.7 billion in the previous year. But the company was able to close the year with a cash balance of $2.0...

Canadian Mining Journal Staff | February 12, 2015 | 4:13 pm

GOLD-SILVER: Yamana to move forward with Cerro Moro

ARGENTINA – Yamana Gold of Toronto has announced its decision to proceed with the construction of the Cerro Moro project, a high grade, low cost gold-silver property in Santa Cruz province. In the first three years of production, output...

Canadian Mining Journal Staff | February 12, 2015 | 4:11 pm

MINING PEOPLE: KSB Pumps, North American Nickel, and Peregrine Diamonds

Michael Blundell is now president of KSB Group's U.S. operations, headquartered in Richmond, VA. He assumes his new duties while retaining his responsibilities as president of KSB's Canadian subsidiary.

Canadian Mining Journal Staff | February 12, 2015 | 4:07 pm

Midas prepares for permitting journey at Stibnite in Idaho

VANCOUVER — Junior Midas Gold (TSX: MAX; US-OTC: MDRPF) has invested a lot of time and capital in carving out a promising development scenario at its rebranded Stibnite gold project 16 km east of Yellow Pine, Idaho. The...

Canadian Mining Journal Staff | February 12, 2015 | 4:06 pm

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