Canadian Mining Journal Staff, Author at Canadian Mining Journal

GOLD: TMAC raises $78M for advance Hope Bay project

NUNAVUT – TMAC Resources of Toronto has closed a $78 million equity financing, raising funds with which to advance its Hope Bay gold project 65 km east of Bathurst Inlet. The company issued 43.94 million common shares at a price of $1.75...

Canadian Mining Journal Staff | May 1, 2014 | 4:12 pm

URANIUM: Winter drilling extends Otis West zone at Maurice Bay deposit

SASKATCHEWAN – Forum Uranium Corp. has wrapped up the 2014 winter drill program at the Northwest Athabasca joint venture property that lies on the northwest margin of the basin. About 2,900 metres were drilled in 13 holes on five targets,...

Canadian Mining Journal Staff | May 1, 2014 | 4:08 pm

GOLD: TriMetals ponders PEA for Gold Springs

NEVADA/UTAH – Vancouver's TriMetals Mining is contemplating the positive preliminary economic assessment for its Gold Springs gold-silver property that straddles the boarder of Nevada and Utah. The PEA suggests a nine-year, 10,000 t/d...

Canadian Mining Journal Staff | May 1, 2014 | 4:07 pm

MINING PEOPLE: Estrella Gold, Kiska Metals, Lara Exploration, Reliant Gold, and Suncor

The directors of Vancouver-based Estrella Gold Corp. have named Jason Weber as the new president and CEO of the company. He has over 20 years of experience in mineral exploration, project and corporate development and was until recently the...

Canadian Mining Journal Staff | May 1, 2014 | 4:05 pm

Barrick-Newmont fling ends in acrimony

It’s gotta rank right up with the worst "first dates" in recent mining history: the proposed merger between gold titans Barrick Gold and Newmont Mining broke off a week after it was made public through media reports in April, and then...

Canadian Mining Journal Staff | May 1, 2014 | 4:03 pm

GOLD: Dundee to test cyanide- and mercury-free process

QUEBEC – Gold extraction without the use of toxic cyanide and mercury is a step closer to reality, thanks to Dundee Sustainable Technologies Inc. (DSTI) of Montreal. The company began building a demonstration plant for its proprietary...

Canadian Mining Journal Staff | April 30, 2014 | 4:06 pm

RARE EARTHS: Avalon gets permit for Nechalacho pre-construction

NORTHWEST TERRITORIES – The Mackenzie Valley Land and Water Board has granted a land use permit for pre-construction activity at the Nechalacho rare earth elements project at Thor Lake. The project is owned by Toronto's Avalon Rare Metals.

Canadian Mining Journal Staff | April 30, 2014 | 4:04 pm

Actlabs opens $20M facility, gears up for growth

ONTARIO – Activation Laboratories (Actlabs), Canada’s largest family owned laboratory, recently opened its new 18,500-m2 global headquarters in Ancaster, in a move to streamline its growing business.

Canadian Mining Journal Staff | April 30, 2014 | 4:02 pm

New zone shines for Fortuna Silver at San Jose

VANCOUVER – Fresh off an expansion that doubled throughput at the San Jose mine in Mexico, a steady stream of high grade drill results from the Trinidad North zone has Fortuna Silver Mines (TSX: FVI; NYSE: FSM) thinking about growing the...

Canadian Mining Journal Staff | April 30, 2014 | 4:01 pm

COPPER-PGM: Wallbridge updates Broken Hammer development

ONTARIO – Having given the green light to the Broken Hammer copper-PGM development just last month, Wallbridge Mining Company of Toronto has issued an update of construction activities at the site near Sudbury. The project includes an...

Canadian Mining Journal Staff | April 29, 2014 | 3:08 pm

URANIUM: McClean Lake mill updates underway, start delayed

SASKATCHEWAN – The expansion of the McClean Lake mill to handle ore from the Cigar Lake uranium mine is underway but the start has been pushed back, says Cameco Corp. of Saskatoon. Cameco is the 50% owner of the Cigar Lake mine, and Areva...

Canadian Mining Journal Staff | April 29, 2014 | 3:06 pm

COPPER-ZINC: Puma discovers new VMS system at Turgeon project

NEW BRUNSWICK – Puma Exploration of Rimouski, QC, has discovered a new hear surface volcanogenic massive sulphide system at its Turgeon copper-zinc project 26 km from Bathurst. The new Dragon zone is located only 200 metres southwest of...

Canadian Mining Journal Staff | April 29, 2014 | 3:04 pm

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