Canadian Mining Journal Staff

GOLD: Kirkland Lake Gold closes $7.5M flow-through offer

KIRKLAND LAKE, Ontario – Kirkland Lake Gold has closed the $7.5-million flow through share offering first announced last month. The company issued 1.92 million common shares at a price of $3.90 per share.

Canadian Mining Journal Staff | July 3, 2014 | 3:21 pm

RARE EARTHS: Commerce expands MHREO zone at Ashram

QUEBEC – Commerce Resources Corp. of Vancouver says drilling has expanded the Middle and Heavy Rare Earth Oxide zone at its 100% owned Ashram deposit in northern Quebec. The potential pit extension was confirmed by two holes. Hole...

Canadian Mining Journal Staff | July 3, 2014 | 3:19 pm

IOCG: Honey Badger confirms IOCG mineralization at Sagar property

QUEBEC – Toronto-based Honey Badger Ltd. says geochemical testing of samples from its Sagar property indicate that the metal associations, alteration mineral assemblages and alteration facies identified are typical of those associated...

Canadian Mining Journal Staff | July 3, 2014 | 3:11 pm

MINING PEOPLE: Falco Pacific and Rubicon

Vancouver's Falco Pacific Resource Group has appointed Trent Mell its president, CEO and a director. Previously he was executive VP at AuRico Gold and held senior roles at Barrick Sherritt and North American Palladium. Mell holds a BA, BCL and...

Canadian Mining Journal Staff | July 3, 2014 | 3:08 pm

COPPER: Midnight Sun gets great grades from Solwezi

ZAMBIA – Midnight Sun Mining Corp. of Vancouver says its recent 12-hole program at the Solwezi copper property in the northwest part of the country returned significant, near surface mineralization.

Canadian Mining Journal Staff | July 3, 2014 | 3:04 pm

Editorial: In Tsilhqot’in decision, ‘duty to consult’ becomes ‘requirement for consent’

As everyone involved in natural resource extraction in British Columbia is now well aware, the June 26 decision by the Supreme Court of Canada declaring that the small Tsilhqot’in First Nation holds aboriginal title over 1,750 km2 in...

Canadian Mining Journal Staff | July 3, 2014 | 2:59 pm

COMMENT: Supreme Court rules in favour of aboriginal land title

Last week the Supreme Court of Canada handed down a landmark ruling in the matter of aboriginal land ownership. The unanimous decision declared that the Tsilhqot'in First Nation holds valid title over 1,750-km2 area in central British Columbia.

Canadian Mining Journal Staff | July 2, 2014 | 4:11 pm

POTASH: North Atlantic, Rio Tinto form JV for Albany project

SASKATCHEWAN – A joint venture company has been formed between Australian miner Rio Tinto and North Atlantic Potash, a subsidiary of Acron Group, in Saskatoon, SK. The two have been co-operating since 2011 on leases they jointly hold.

Canadian Mining Journal Staff | July 2, 2014 | 4:09 pm

GOLD: Bulk sampling resumes at Elk pit

BRITISH COLUMBIA – Gold Mountain Mining Corp. has resumed bulk sampling of open pit material at its Elk gold property near Merritt. The program will confirm pit parameters as outlined in the preliminary economic assessment.

Canadian Mining Journal Staff | July 2, 2014 | 4:07 pm

BOLTER: Fletcher machine suited for narrow stopes

HUNTINGTON, West Virginia – Mining narrow veins in underground gold mines is a capital intensive business, and high production costs can quickly dissolve profits in a time of falling metal prices. J.H. Fletcher & Co. looked at the...

Canadian Mining Journal Staff | July 2, 2014 | 4:04 pm

Kirkland Lake Gold unveils new three-year plan

A new three-year mine plan for fiscal years 2015-17 has Kirkland Lake Gold (TSX: KGI) focusing on grade over tonnage and margin over production.

Canadian Mining Journal Staff | July 2, 2014 | 4:02 pm

URANIUM: Paladin Energy updates Michelin resource

LABRADOR – Paladin Energy of Perth, Western Australia, has updated the resource numbers at the Michelin uranium deposit 140 km north of Goose Bay. The open pit portion of the deposit is now estimated to contain 12.62 million measured and...

Canadian Mining Journal Staff | June 26, 2014 | 3:56 pm

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