Canadian Mining Journal Staff, Author at Canadian Mining Journal

Burkina Faso political turmoil hits junior gold companies

VANCOUVER — Burkina Faso has rightfully earned its reputation as a relatively stable jurisdiction for mining companies, but social conditions in Africa can change quickly. On Oct. 31 former president Blaise Compaore stepped down after...

Canadian Mining Journal Staff | November 5, 2014 | 4:05 pm

GOLD: Barrick, China’s Zijin Pascua-Lama talks

TORONTO – According to comments made by an Argentine government official, Barrick Gold is in talks with China's Zijin Mining Group hoping to create a partnership and restart work at the Pascua-Lama gold project. Barrick halted work on the...

Canadian Mining Journal Staff | November 4, 2014 | 4:15 pm

GOLD: AurCrest continues drilling at Richardson Lake

ONTARIO – AurCrest Gold of Toronto has released additional results from drilling at its Richardson Lake gold property 115 km northwest of Red Lake, in the Birch-Uchi belt.

Canadian Mining Journal Staff | November 4, 2014 | 4:14 pm

GOLD: Romarco offered $200M for Haile mine build

SOUTH CAROLINA – Toronto-headquartered Romarco Minerals has secured a US$200 million, 8.5-year senior financing for its Haile gold mine development in Lancaster County. Letters have been signed with Caterpillar Financial Services,...

Canadian Mining Journal Staff | November 4, 2014 | 4:12 pm

CELL SERVICE: Boosters for mining … even underground

TORONTO – Raise your bars…and stay connected with your cell phone anywhere … even underground!

Canadian Mining Journal Staff | November 4, 2014 | 4:10 pm

Canterra Minerals carves out more ground in diamond country

Randy Turner – the man who guided Winspear Diamonds from the discovery of the Snap Lake diamond deposit in northern Canada to its sale to De Beers for $305 million in 2000 – is back at diamond exploration again in the same part of...

Canadian Mining Journal Staff | November 4, 2014 | 4:07 pm

MERGER: Antofagasta offers hefty premium for Duluth Metals

TORONTO – Duluth Metals has entered into a binding agreement with Antofagasta plc that will see the British miner pay a premium close to three times the price per share for Duluth. Antofagasta will pay C$0.45 per share in cash for all of...

Canadian Mining Journal Staff | November 3, 2014 | 4:20 pm

ZINC-LEAD: Wolfden reports first assays from Rocky Turn at Tetagouche

NEW BRUNSWICK – Wolfden Resources Corp. of Thunder Bay, ON, has released the initial assays from drilling the Rocky Turn target at the Tetagouche zinc-lead property 25 km west of Bathurst. The target has been traced intermittently along a...

Canadian Mining Journal Staff | November 3, 2014 | 4:17 pm

COPPER: Mining costs quadruple over 10 years in Chile

CHILE – A study prepared by GEM consultants and published in the Perspectiva magazine found that operating costs at Chile's copper producers quadrupled between 2004 and 2013. Costs rose from an average of $0.42 per lb to a little over...

Canadian Mining Journal Staff | November 3, 2014 | 4:16 pm

SAFETY: Participants invited to new Australian conference and exhibition

MELBOURNE, Australia – Reed Exhibitions Australia, the Australian subsidiary of the world’s leading event organizer, has today announced a major new conference and exhibition for the workplace health and safety sector. The Safety...

Canadian Mining Journal Staff | November 3, 2014 | 4:13 pm

NRC Arctic program aims to realize ‘full potential’ of Canada’s North

VANCOUVER — Natural resource development in Canada can come with a unique set of challenges due to a variety of isolated, cold weather climates. The federal government is hoping it can make life easier for miners and other parties...

Canadian Mining Journal Staff | November 3, 2014 | 4:12 pm

GOLD: Falling price takes toll on Agnico, Barrick and Goldcorp

TORONTO and VANCOUVER – Third quarter results are rolling in this time of year, and Canada's largest gold producers – Agnico-Eagle Mines, Barrick Gold and Goldcorp – are feeling the pinch of a stagnant price.

Canadian Mining Journal Staff | October 30, 2014 | 4:31 pm

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