Canadian Mining Journal Staff, Author at Canadian Mining Journal

GOLD: Premier files 43-101 estimate for Hardrock project

ONTARIO – Premier Gold Mines of Thunder Bay, ON, has filed a 43-101 compliant resource estimate for its Hardrock gold project. Although contained resources in the indicated category have grown 50%, overall inferred resources contain 27%...

Canadian Mining Journal Staff | August 25, 2014 | 3:53 pm

COAL: Morien waives opportunity to buy out Donkin partner

NOVA SCOTIA – Two weeks ago Morien Resources Corp. was given notice that its partner in the Donkin coal project on Cape Breton wished to dispose of its 75% interest in the project. Because Morien held a right of first refusal, Glencore...

Canadian Mining Journal Staff | August 25, 2014 | 3:51 pm

Dynasty Gold fights to retain its assets in China

Dynasty Gold (TSXV: DYG) was one of the first junior companies in Canada to explore for gold in China.

Canadian Mining Journal Staff | August 25, 2014 | 3:49 pm

FINANCING: Franco-Nevada closes US$500M bought deal

TORONTO – Franco-Nevada Corp. is bulking up its treasury thanks to a bought deal financing that will bring in half-a-billion dollars, at least. The company closed a deal whereby it issued 8.38 million common shares at a price of US$59.75...

Canadian Mining Journal Staff | August 21, 2014 | 4:17 pm

GOLD: Dufferin mine continues to ramp up

NOVA SCOTIA – Ressources Appalaches of Rimouski, QC, says the mill at its Dufferin gold mine has almost reached nameplate capacity – 245 out of 300 t/d – during the first two weeks of August. Production has been steadily...

Canadian Mining Journal Staff | August 21, 2014 | 4:15 pm

FIRED UP: Barrick supplies turnout gear for volunteer firefighters

NEVADA – Recent reports in the Elko Daily Free Press says Barrick Gold has donated new turnout gear for the Spring Creek volunteer firefighters. Each set includes jacket, pants, boots, helmet with lights, and pockets for flashlights and...

Canadian Mining Journal Staff | August 21, 2014 | 4:13 pm

MINING PEOPLE: Belo Sun, China Gold, Great Panther, and Riverside Resources

Belo Sun Mining Corp. has strengthened its management team with the addition of Peter Tagliamonte as president and CEO replacing Mark Eaton who has become executive chairman. Joseph Milbourne has joined the company as VP of technical services....

Canadian Mining Journal Staff | August 21, 2014 | 4:11 pm

Price tag for Duluth’s Twin Metals project nears US$3B

The release of a prefeasibility study estimating that its Twin Metals copper-nickel-platinum group metals joint venture project in Minnesota will cost a hefty US$2.8 billion to build sent Duluth Metals (TSX: DM; USOTC: DULMF) shares tumbling by...

Canadian Mining Journal Staff | August 21, 2014 | 4:10 pm

SAFETY: ICMM totals numbers for 22 member companies

LONDON, UK – The International Council on Mining and Metals (ICMM) has for the first time published aggregated safety data from its 22 member companies for 2012 and 2013. Because reporting safety varies depending on where an operation...

Canadian Mining Journal Staff | August 20, 2014 | 4:13 pm

GRAPHENE: Grafoid officially opens plant in Kingston

ONTARIO – Grafoid Inc., headquartered in Ottawa, has officially opened its high purity, high energy density graphene facilities in Kingston. The company marked the occasion with the re-launch of its updated website Grafoid.com.

Canadian Mining Journal Staff | August 20, 2014 | 4:11 pm

SILVER: Fortune raises $36M and rejigs the Revenue mine purchase

COLORADO – Fortune Minerals of London, ON, has executed term sheets with Lascaux Resource Capital Fund to provide US$35 million to finance the acquisition of the remaining interest in the Revenue silver mine. Fortune will repay the amount...

Canadian Mining Journal Staff | August 20, 2014 | 4:10 pm

BHP plans spinoff to focus on ‘four pillars’

With a spinoff of its aluminum, manganese, nickel, silver and some of its coal assets, BHP Billiton (LSE: BLT; ASX: BHP) is going back to basics in a drive to simplify its portfolio.

Canadian Mining Journal Staff | August 20, 2014 | 4:09 pm

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