Canadian Mining Journal Staff

GOLD: Sirios extends Cheechoo mineralization

QUEBEC – Montreal-based Sirios Resources, operator and 45% owner of the Cheechoo gold project 320 km north of Matagami, says that recent drilling has extended the known gold envelop reaches 200 metres below the surface and extends at...

Canadian Mining Journal Staff | June 9, 2014 | 4:14 pm

ZINC: Teck elects not to discharge Red Dog effluent into sea

ALASKA – Teck Resources of Vancouver and its subsidiary Teck Alaska, operator of the Red Dog zinc mine near Kotzebue, has studied and rejected the idea of building a effluent discharge line from the mine to the Chukchi Sea.

Canadian Mining Journal Staff | June 9, 2014 | 4:11 pm

SAFETY: Vale wins Ontario mine rescue competition

ONTARIO – The team from Vale Canada's East mines were crowned with gold hardhats as the overall winners of the 64th annual Provincial Mine Rescue Competition. The contest was sponsored by Workplace Safety North and Ontario Mines Rescue on...

Canadian Mining Journal Staff | June 9, 2014 | 4:05 pm

Mining profits tumble 72% to lowest point in a decade

VANCOUVER — It's no secret that 2013 was a rough year in the mining business, but PwC's 11th annual global trends analysis – entitled Mine 2014: Realigning Expectations – shed some light how just how grim things have gotten...

Canadian Mining Journal Staff | June 9, 2014 | 4:03 pm

AWARDS: Teck double winner for sustainability

VANCOUVER – Teck Resources has recognized this week as one of the top corporations in Canada both for corporate citizenship and social responsibility in two separate sustainability rankings.

Canadian Mining Journal Staff | June 5, 2014 | 3:24 pm

FINANCE: Goldcorp goes to market for $1B

VANCOUVER – Goldcorp is making a US$1-billion offering of senior unsecured notes. The first portion, US$550 million, will bear an interest rate of 3.625% due June 9, 2021. The remaining US$450 million will bear an interest rate of 5.45%...

Canadian Mining Journal Staff | June 5, 2014 | 3:22 pm

IOCG: Positive feasibility for Capstone’s Santo Domingo project

CHILE – Capstone Mining Corp. of Vancouver says results of the feasibility study are positive for the Santo Domingo iron oxide-copper-gold project in Region III. The project is owned 70% by Capstone and 30% by Korea Resources Corp.

Canadian Mining Journal Staff | June 5, 2014 | 3:20 pm

Mandalay acquires Elgin Mining for $70 million

VANCOUVER – Toronto-based gold producer Mandalay Resources (TSX: MND; US-OTC: MNDJF) had been on the lookout for acquisitions to boost its near term production profile, and the company found a fit with Elgin Mining (TSX: ELG; US-OTC:...

Canadian Mining Journal Staff | June 5, 2014 | 3:15 pm

EMISSIONS: Federal government sets standards for major industries

OTTAWA – The Canadian government has announced the first-ever mandatory national emission standards for major industries. The specifics will be set out in the proposed Multi-Sector Air Pollutant Regulations. The regulations are aimed at...

Canadian Mining Journal Staff | June 4, 2014 | 4:17 pm

TUNGSTEN-MOLYBDENUM: Northcliff awards contract for Sisson engineering

NEW BRUNSWICK – The Sisson tungsten-molybdenum project 60 km northwest of Fredericton is closer to development since Northcliff Resources of Fredericton awarded the value and basic engineering contract to Jacobs Minerals Canada....

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

GOLD: Pretium extends Brucejack mineralization at depth

BRITISH COLUMBIA – Pretium Resources of Vancouver says recent surface drilling at the Brucejack project 65 km north of Stewart has confirmed that the gold mineralization extends at depth.

Canadian Mining Journal Staff | June 4, 2014 | 4:09 pm

GOLD-COPPER: Western Copper, Little Salmon/Carmacks sign agreement for Casino project

YUKON – Western Copper and Gold Corp. of Vancouver has signed a settlement agreement and consultation plan for the Casino gold-copper mine with the Little Salmon/Carmacks First Nation (LSC). The parties have agreed to review, evaluate and...

Canadian Mining Journal Staff | June 4, 2014 | 4:06 pm

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