Canadian Mining Journal Staff, Author at Canadian Mining Journal

GOLD: Kaminak’s Double Double deposit yields long and strong results

YUKON – Kaminak Gold of Vancouver continues to drill at its Coffee project 130 km south of Dawson City, where the Double Double deposit is yielding not caffeine but solid gold grades. Highlights include 37.6 g/t over 5.0 metres, 32.8 g/t...

Canadian Mining Journal Staff | January 20, 2015 | 3:24 pm

TRANSMITTER: Festo offers cheaper alternative to positional transducers

MISSISSAUGA, Ontario – Festo Canada has introduced new programmable analog feedback position sensors – the SDAT-MHS series – for pairing with any Festo T-slot pneumatic drive. The easy to install and program SDAT-MHS...

Canadian Mining Journal Staff | January 20, 2015 | 3:19 pm

Aura Minerals suspends mining at Aranzazu

Aura Minerals (TSX: ORX) has become the latest casualty of slumping commodity prices, unresponsive financing markets and fixed costs, announcing this week it is suspending mining operations temporarily at its Aranzazu copper-gold-silver...

Canadian Mining Journal Staff | January 20, 2015 | 3:18 pm

NIOBIUM: IamGold unloads Niobec mine to former Barrick boss

QUEBEC – IamGold Corp. has sold its Niobec niobium mine near Saguenay for a total consideration of US$530 million to a consortium lead by former Barrick president and CEO Aaron Regent. This is the first acquisition made by Regent's...

Canadian Mining Journal Staff | January 19, 2015 | 4:21 pm

GOLD: Goldcorp expands Porcupine holdings with purchase of Probe

ONTARIO - Vancouver's Goldcorp is expanding its Porcupine gold operations near Timmins with the purchase of Probe Mines of Toronto. The all-share deal is estimated to be worth $526 million.

Canadian Mining Journal Staff | January 19, 2015 | 4:17 pm

COPPER-ZINC-GOLD-SILVER: Hudbay tallies year end output, offers 2015 guidance

TORONTO – Hudbay Minerals' 2014 production numbers benefited slightly from the start up of the Constancia project in Peru. Although the new mine contributed only 571 tonnes of copper in concentrate before year end, the company recorded...

Canadian Mining Journal Staff | January 19, 2015 | 4:15 pm

GOLD: TMAC makes $44M equity offering to advance Hope Bay

NUNAVUT – TMAC Resources of Toronto is raising money to advance development of its Hope Bay gold project 65 km east of Bathurst Inlet. The company has completed a private placement of 23.44 million common shares at a price of $1.75 plus...

Canadian Mining Journal Staff | January 19, 2015 | 4:14 pm

DRILLING: MacLean, Montabert forge partnership

COLLINGWOOD, Ontario – MacLean Engineering and Montabert have established a partnership that will optimize MacLean’s drilling product line and provide customers with improved access to parts, drill repairs and sales support...

Canadian Mining Journal Staff | January 19, 2015 | 4:12 pm

Sabina pushes permitting forward at Back River

Sabina Gold & Silver (TSX: SBB) expects to submit a final environmental impact assessment on its Back River gold project in southwestern Nunavut by the middle of this year.

Canadian Mining Journal Staff | January 19, 2015 | 4:10 pm

COMMENT: Is BC becoming mining friendly?

Two recent news releases point toward removing roadblocks from the Prosperity and Tulsequah Chief projects. With two rulings by the BC Minister of Environment, the province appears to move closer to being a mining friendly place to find a...

Canadian Mining Journal Staff | January 15, 2015 | 4:07 pm

GOLD: Detour Lake looks toward 500K oz in 2015

ONTARIO - The Detour Lake gold mine is hitting its stride in its first full year of production. Owner Detour Gold of Toronto said the northern Ontario project produced 456,634 oz of gold during 2014. As last year wound down, the mill was...

Canadian Mining Journal Staff | January 15, 2015 | 4:06 pm

GOLD: Richmont plans $48.3M capex for Island Gold mine

ONTARIO – This is going to be a transformational one for the Island Gold mine near Wawa, if Richmont Mines president and CEO Renaud Adams has his way. He expects to see the mine life extended, the resource reach more than a million...

Canadian Mining Journal Staff | January 15, 2015 | 4:05 pm

MINING PEOPLE: Denison, Goldcorp, Lundin Gold, and Sulliden

Denison Mines of Toronto has promoted former VP finance and David Cates to the position of President. He will retain his duties as CFO. Ron Hochstein remains CEO of the company.

Canadian Mining Journal Staff | January 15, 2015 | 4:03 pm

Integra’s Sigma purchase a game changer at Lamaque

VANCOUVER — According to president and CEO Stephen de Jong the recent acquisition of the Sigma mine and mill complex for $7 million offers Integra Gold (TSXV: ICG; US-OTC: ICGQF) a "better defined pathway to development and...

Canadian Mining Journal Staff | January 15, 2015 | 4:01 pm

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