Canadian Mining Journal Staff, Author at Canadian Mining Journal

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

US targets coal-fired power plants with new emissions rules

VANCOUVER – In a move immediately billed as both an ambitious step to address climate change and a grand scheme destined to fail before it starts, the United States has proposed a rule to cut carbon dioxide emissions from coal-fired power...

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

OIL SANDS: Joslyn project on hold

ALBERTA – Total E&P Canada has quietly put the $11-billion Joslyn oil sands project near Fort McMurray on hold indefinitely, saying the costs of the project are too high to justify going forward. The project was in the detailed...

Canadian Mining Journal Staff | June 3, 2014 | 4:08 pm

MOLYBDENUM: Avanti, Nisga’a reach benefits deal for Kitsault project

BRITISH COLUMBIA – Vancouver-based Avanti Mining and the Nisga'a Nation have concluded a benefits agreement that covers the proposed Kitsault molybdenum mine 140 km northeast of Prince Rupert. The project is located within the Nass Area,...

Canadian Mining Journal Staff | June 3, 2014 | 4:06 pm

GOLD: Detour drills 12.74 g/t over 28 metres south of mine

ONTARIO – Detour Gold Corp. of Toronto is getting high grades from drilling about 6 km south of the Detour Lake gold mine 185 km northeast of Cochrane. Zone 58N in what is called the Lower Detour Lake area returned a best intersection of...

Canadian Mining Journal Staff | June 3, 2014 | 4:05 pm

URANIUM: Denison reports 21.2% U3O8 over 4.5 metres at Wheeler River

SASKATCHEWAN – Toronto's Denison Mines Corp. reports high assays from the winter 2014 drilling program at the Gryphon zone on the Wheeler River uranium property between the Key Lake mill and MacArthur River mine.

Canadian Mining Journal Staff | June 3, 2014 | 4:03 pm

GIVING: BC’s mining community raises more than $1.5 million for BC Children’s Hospital

VANCOUVER – Mining for Miracles, BC's mining community's longstanding fundraising campaign for BC Children's Hospital, revealed a cheque for $1,511,214 at BC Children's Hospital Foundation's 27th annual Miracle Weekend on June 1.Mining...

Canadian Mining Journal Staff | June 3, 2014 | 4:01 pm

Peak diamonds on the horizon?

The fracking boom in North America may have made 'peak oil' somewhat of a dated phrase but could 'peak diamonds' take its place as the new catch phrase for resource investors?

Canadian Mining Journal Staff | June 3, 2014 | 4:00 pm

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