Canadian Mining Journal Staff

IRON ORE: Lamelee PEA outlines 5M-t/y mine

QUEBEC – Montreal's Lamelee Iron Ore received "promising" results from the preliminary economic assessment for the Lac Lamelee South iron ore project 50 km south of Fermont. An operation of 5.0 million t/y and a mine life of 20 years was...

Canadian Mining Journal Staff | November 25, 2014 | 4:10 pm

GOLD: Marathon zone expands at Valentine camp

NEWFOUNDLAND – The Marathon zone, 7.0 km northeast along strike from the Leprechaun gold deposit and 5.0 km southwest along strike from the Victory gold deposit is returning very positive results, said owner Marathon Gold Corp. of...

Canadian Mining Journal Staff | November 25, 2014 | 4:07 pm

NICKEL-COPPER: Lundin declares commercial production at Eagle mine

MICHIGAN – Toronto-based Lundin Mining Corp. has declared commercial production at its Eagle high grade nickel-copper mine in the Upper Peninsula 53 km by road east of Marquette. The milestone was reached less than two months after...

Canadian Mining Journal Staff | November 25, 2014 | 4:05 pm

Cliffs’ Bloom Lake mine faces uncertain future

Struggling US-based iron ore miner Cliffs Natural Resources (NYSE: CLF) may close its Bloom Lake iron ore mine in northeastern Quebec, as it bids farewell to Canada.

Canadian Mining Journal Staff | November 25, 2014 | 4:03 pm

COPPER-MOLYBDENUM: Amarc makes new discovery at Ike project

BRITISH COLUMBIA – Amarc Resources of Vancouver has made what it calls a "significant" copper-molybdenum-silver discover at the Ike project 40 km northwest of Gold Bridge. Nine drill holes intersected chalcopyrite and molybdenite...

Canadian Mining Journal Staff | November 24, 2014 | 4:02 pm

GOLD: Goldcorp named to NASDAQ sustainability index

VANCOUVER – Goldcorp has been ranked among the top 100 companies in the world for its sustainability reporting and performance by the NASDAQ OMX CRD Global Sustainability Index.

Canadian Mining Journal Staff | November 24, 2014 | 4:00 pm

GOLD: Centerra’s Boroo mine certified under Cyanide Code

MONGOLIA – The International Cyanide Management Institute (ICMI) of Washington, DC, has certified the Boroo gold mine belonging to Toronto-based Centerra Gold as compliant under terms of the Cyanide Code. The mine, 110 km northwest of...

Canadian Mining Journal Staff | November 24, 2014 | 3:58 pm

PLAN NORD: Canarail to study feasibility of Sept-Iles, Labrador Trough rail link

MONTREAL – Miguel Valero, president and CEO of Canarail, said his company has been selected to produce the first phase of the feasibility study for a new 310-km-long railway from Sept-Iles, QC, to the Labrador Trough. Canarail will be the...

Canadian Mining Journal Staff | November 24, 2014 | 3:57 pm

CIBC slashes platinum forecast

An expected surge in the price of platinum failed to materialize in 2014 because of a strong U.S. dollar and weak South African rand, say mining analysts with CIBC World Markets, who are slashing their platinum price forecast for 2015.

Canadian Mining Journal Staff | November 24, 2014 | 3:55 pm

STUDY: Waterfowl move in when placer mining ends

The Indian River Valley is an area that has been restructured by placer mining operations that have been occurring here for more than 30 years. Most of the placer mining in this area occurred prior to 1998. The original peat wetland surface has...

Canadian Mining Journal Staff | November 20, 2014 | 3:49 pm

GOLD-COPPER: Seabridge expands Deep Kerr zone

BRITISH COLUMBIA – Toronto-based Seabridge Gold has received complete drill results from its 2014 campaign – 12,900 metres in 13 holes – at its KSM project 65 km northwest of Stewart. The company says the Deep Kerr deposit has...

Canadian Mining Journal Staff | November 20, 2014 | 3:44 pm

MINING PEOPLE: Atlas Copco, Belmont Resources, Caledonia Mining, Copper North, Karnalyte Resources, and Royal Nickel

Michael Marion and Cormac Kerins have been appointed to new positions with Atlas Copco Portable Energy Canada. Marion has been named national business development manager and Kerins is now the product and business development manager. Marion...

Canadian Mining Journal Staff | November 20, 2014 | 3:41 pm

GOLD: Pretium awards Brucejack EPCM to AMEC

BRITISH COLUMBIA - Pretium Resources has contracted AMEC Americas to provide the engineering, procurement and construction management (EPCM) services for its Brucejack high grade gold project 65 km north of Stewart. AMEC is an international...

Canadian Mining Journal Staff | November 20, 2014 | 3:35 pm

Imperial counting on smooth Red Chris start-up; pegs Mt. Polley cleanup at $67.4M

Imperial Metals (TSX: III) has estimated cleanup costs related to the early August tailings dam failure at its Mount Polley mine at $67.4 million –significantly less than many analysts had been expecting.

Canadian Mining Journal Staff | November 20, 2014 | 3:33 pm

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