Canadian Mining Journal Staff, Author at Canadian Mining Journal

First Quantum to buy Lumina for $470M

First Quantum Minerals (TSX:FM; LSE:FQM) has made a friendly $470 million takeover offer for Lumina Copper (TSXV: LCC), ending a sale process for the junior and its Taca Taca copper-gold-molybdenum project in Argentina’s Salta province.

Canadian Mining Journal Staff | June 18, 2014 | 4:03 pm

GOLD-COPPER: Seabridge, Nisga’a Nation ink benefits agreement for KSM

BRITISH COLUMBIA – As Seabridge Gold of Toronto prepares for a $15-million, 19,000-metre drilling program at the KSM project (see below), the company announced that it has signed a comprehensive benefits agreement with the Nisga'a Nation...

Canadian Mining Journal Staff | June 17, 2014 | 3:54 pm

COPPER-PGM: Wallbridge delivers first ore shipments from Broken Hammer mine

ONTARIO – Wallbridge Mining Company of Toronto has started shipping ore from its Broken Hammer copper-PGM mine near Sudbury to the Redstone mill operated by Northern Sun in Timmins. Processing of the material is to begin later this month.

Canadian Mining Journal Staff | June 17, 2014 | 3:52 pm

GOLD: Initial production from Santoy Gap ahead of schedule

SASKATCHEWAN – Claude Resources, based in Saskatoon, reports that initial ore production from the Santoy Gap deposit has occurred ahead of schedule. The deposit is part of the Seabee gold operation 125 km northeast of La Ronge.

Canadian Mining Journal Staff | June 17, 2014 | 3:51 pm

OIL SANDS: Honeywell to automate Fort Hills project

ALBERTA – Honeywell Process Solutions has been selected by Suncor Energy to provide automation systems for a new multi-billion-dollar Fort Hills oil sands project in Alberta. Honeywell will supply technology to integrate the site’s...

Canadian Mining Journal Staff | June 17, 2014 | 3:44 pm

Great expectations for Seabridge at KSM

Seabridge Gold’s (TSX: SEA; NYSE: SA) chairman and CEO Rudi Fronk says the company anticipates strong drill results from the exploration program that it recently launched at the KSM gold-copper project in northwestern British Columbia.

Canadian Mining Journal Staff | June 17, 2014 | 3:43 pm

COMMENT: Commodity expert sees Ontario minerals ascending

Commodity expert Patricia Mohr told miners that global economic forces indicate improvement in markets for Ontario minerals. Mohr, Scotiabank VP of economics and commodity market specialist, was the featured speaker at an Ontario Mining...

Canadian Mining Journal Staff | June 16, 2014 | 3:52 pm

URANIUM: More shallow, high grade hits from Patterson Lake South

SASKATCHEWAN – Fission Uranium Corp. of Kelowna, BC, has even more shallow, high grade intersections from winter drilling at its Patterson Lake South (PLS) project on the western edge of the Athabasca Basin. The property is located about...

Canadian Mining Journal Staff | June 16, 2014 | 3:50 pm

GOLD: Agnico Eagle, Yamana complete acquisition of Osisko shares

TORONTO – Agnico Eagle Mines and Yamana Gold completed the arrangement by which they jointly acquired 100% of the issued and outstanding common shares of Osisko Mining Corp. of Montreal.

Canadian Mining Journal Staff | June 16, 2014 | 3:47 pm

GOLD: Centerra receives Kumtor approval

KYRGYZ REPUBLIC – Centerra Gold of Toronto in finally in receipt of the 2014 Kumtor mine plan approvals from the relevant government agencies.

Canadian Mining Journal Staff | June 16, 2014 | 3:46 pm

URANIUM: Uranerz makes first resin shipment to Cameco’s Smith Ranch plant

WYOMING – Uranerz Energy Corp. of Casper, WY, has made its first shipment of uranium-loaded resin from its Nichols Ranch in situ recovery (ISR) project in the Powder River Basin. The shipment went by truck to the Smith Ranch processing...

Canadian Mining Journal Staff | June 16, 2014 | 3:43 pm

Petra Diamonds recovers 122.52 carat blue diamond

The Cullinan diamond mine at the foothills of the Magaliesberg mountain range, 37 km northeast of Pretoria in South Africa, is one of the world’s most celebrated diamond mines.

Canadian Mining Journal Staff | June 16, 2014 | 3:39 pm

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