Canadian Mining Journal Staff, Author at Canadian Mining Journal

GOLD-COPPER: Seabridge raises $12M for KSM drilling

TORONTO – Seabridge Gold, sole owner of the KSM gold-copper project near Stewart, BC, has arranged a bought deal financing in the amount of $12 million. A syndicate of underwriters led by Canaccord Genuity has agreed to purchase 1.0...

Canadian Mining Journal Staff | June 25, 2014 | 4:19 pm

GRAPHITE: Lac Knife feasibility encourages Focus

QUEBEC – Focus Graphite of Ottawa has released the feasibility study for its Lac Knife graphite project 27 km southwest of Fermont. Prepared by Met-Chem Canada, the study examined a 25-year open pit and concentrator with an after tax net...

Canadian Mining Journal Staff | June 25, 2014 | 4:17 pm

GOLD: Core at former Pickel Crow assays 878 g/t

ONTARIO – Bonanza grades and perhaps the understatement of the week come from Toronto-based PC Gold. The company says drill core from the former Pickle Crow gold mine assayed 878.69 g/t over 0.90 metres – that's more than 25.5 opt...

Canadian Mining Journal Staff | June 25, 2014 | 4:16 pm

GRAPHITE: Northern considers bigger plant for Bissett Creek

ONTARIO – Northern Graphite Corp. of Ottawa is considering a concentrator twice the size of the one recommended in the feasibility study for the Bissett Creek graphite project, located between Ottawa and North Bay. As now contemplated,...

Canadian Mining Journal Staff | June 25, 2014 | 4:14 pm

Coeur renegotiates royalty agreement with Franco-Nevada

An amended royalty agreement with Franco-Nevada (TSX: FNV; NYSE: FNV) has led Coeur Mining (NYSE:CDE) to consider completing the Guadalupe underground mine at its Mexico-based Palmarejo silver-gold operation, with initial production set for...

Canadian Mining Journal Staff | June 25, 2014 | 4:12 pm

MOLYBDENUM: Avanti begins construction on Kitsault mine

BRITISH COLUMBIA – Vancouver's Avanti Mining began construction activities on June 23, 2014, at the Kitsault molybdenum mine and mill 140 km northeast of Prince Rupert. The announcement follows the receipt of a logging licence and other...

Canadian Mining Journal Staff | June 24, 2014 | 4:10 pm

DIAMOND: Promising results from Peregrine’s Chidliak project

NUNAVUT – Peregrine Diamonds of Vancouver is preparing to take bulk samples next year at its Chidliak diamond property 120 km from Iqaluit. Most promising is the 80-kg sample from the CH-46 kimberlite that yielded 246 diamonds larger than...

Canadian Mining Journal Staff | June 24, 2014 | 4:05 pm

PGM-NICKEL-COPPER: Wallbridge adds second drill at Wisner

ONTARIO – Wallbridge Mining Company of Toronto reports that the drilling program has been accelerated with the addition of a second drill at the Wisner PGM-nickel-copper project in the Sudbury Basin.

Canadian Mining Journal Staff | June 24, 2014 | 4:04 pm

CONTROLLER: New model programmable motion sensor

CROWELL, Michigan – The new Model MSD-800 series motion sensing controls from Conveyor Control Company offer affordable and reliable protection of indoor and outdoor rotating equipment such as screw conveyors, belt conveyor pulleys,...

Canadian Mining Journal Staff | June 24, 2014 | 4:01 pm

Augusta agrees to sweetened Hudbay takeover

VANCOUVER – After a drawn-out takeover battle that tested proposed new regulations on the tenure of shareholder rights plans in British Columbia, Augusta Resource (TSX: AZC; NYSE-MKT: AZC) has agreed to a sweetened takeover bid from...

Canadian Mining Journal Staff | June 24, 2014 | 3:59 pm

GOLD-COBALT: Fortune receives permits to build, run NICO mine and mill

NORTHWEST TERRITORIES – Fortune Minerals of London, ON, has received the final land use permit and water licence for its NICO gold-cobalt-bismuth-copper mine and mill. The company is now cleared to build and operate the project 160 km...

Canadian Mining Journal Staff | June 23, 2014 | 4:25 pm

GOLD: Pretium’s new Brucejack numbers better than ever

BRITISH COLUMBIA – Pretium Resources of Vancouver has updated the feasibility study for the Brucejack gold project 60 km north of Stewart, and the economics are positive for a high grade underground gold mine. Over an expected life of 18...

Canadian Mining Journal Staff | June 23, 2014 | 4:24 pm

GOLD-COPPER: Seabridge signs new KSM agreement with Gitanyow Wilps

BRITISH COLUMBIA – Seabridge Gold of Toronto has signed another benefits agreement covering its KSM gold-copper project 65 km northwest of Stewart. This pact is with the Gitanyow Wilps as represented by the Gitanyow Hereditary Chiefs...

Canadian Mining Journal Staff | June 23, 2014 | 4:22 pm

GOLD: IamGold reports drill results from Pitangui

BRAZIL – Toronto-based IamGold Corp. continues to successfully drill enjoy success as it drills its Pitangui gold project located 110 km northwest of Belo Horizonte. The maiden resource, based on the Sao Sebastiao deposit, was 4.07...

Canadian Mining Journal Staff | June 23, 2014 | 4:20 pm

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