Canadian Mining Journal Staff, Author at Canadian Mining Journal

PATENTS: KWG to acquire 50% of two chrome processes

TORONTO – KWG Resources has entered into an agreement to acquire 50% of two US provisional patent applications for the treatment of chromite ores. One relates to the production of chromium-iron alloys directly from chromite ore and the...

Canadian Mining Journal Staff | April 21, 2014 | 4:07 pm

SRK Group celebrates 40th anniversary

SRK Consulting, an independent, global company providing services to the mining and water resource industries, is celebrating 40 years of business. From its small, 1974 beginnings in Johannesburg, South Africa, it has grown into an...

Canadian Mining Journal Staff | April 21, 2014 | 4:05 pm

Royal Nickel buys 25% of Sudbury Platinum for $1.5M

Toronto-based explorer Royal Nickel (TSX: RNX) has seen its shares climb more than 50% in the past week, after providing the market an upbeat outlook on nickel prices and announcing that it has acquired a minority interest in a private company...

Canadian Mining Journal Staff | April 21, 2014 | 4:03 pm

TAKEOVER: Yamana bulks up treasury for Osisko deal

TORONTO – Yamana Gold has received commitments for a two-year, US$750-million senior unsecured term facility. The company intends to use the money for corporate and working capital, including Yamana's cash portion of Osisko Mining...

Canadian Mining Journal Staff | April 17, 2014 | 3:52 pm

GOLD: Leaching test recovery tops 85% from Coffee oxide samples

YUKON – Kaminak Gold Corp. of Vancouver is encouraged that column leach tests of bulk, coarsely crushed surface oxide samples from the Coffee gold project 130 km south of Dawson City resulted in gold recoveries between 85% and 88%....

Canadian Mining Journal Staff | April 17, 2014 | 3:51 pm

MINING PEOPLE: Athabasca Nuclear and Cogitore

Athabasca Nuclear Corp. of Calgary has named Ryan Kalt to the role of CEO. He had been serving as CEO for several weeks in an interim capacity. Under his leadership, the company has shifted its focus to the Preston uranium project in northern...

Canadian Mining Journal Staff | April 17, 2014 | 3:50 pm

Uranerz Energy’s Nichols Ranch starts production

Uranerz Energy (TSX: URZ; NYSE-Arca: URZ) has become the newest member of a small club of uranium producers after its first uranium mine, Nichols Ranch, received final clearance from the U.S. Nuclear Regulatory Commission and began production...

Canadian Mining Journal Staff | April 17, 2014 | 3:48 pm

TAKEOVER: Price for Osisko jumps to $3.9B in new 3-way deal

MONTREAL and TORONTO – Osisko Mining Corp., Yamana Gold and Agnico Eagle Mines have arrived at a three-way friendly agreement whereby Yamana and Agnico Eagle together will purchase all of Osisko's outstanding common shares for total...

Canadian Mining Journal Staff | April 16, 2014 | 4:15 pm

GOLD: PEA outlines small, low capex Goldboro mine

NOVA SCOTIA – Montreal-based Orex Exploration has summed up the potential of the Goldboro gold project as a small, low capital cost mechanized underground mine. Initial output would be 21,000 oz of gold per year and rising to 30,000...

Canadian Mining Journal Staff | April 16, 2014 | 4:13 pm

COAL: Walter Energy to close three mines in BC

BRITISH COLUMBIA – Walter Energy of Birmingham, AL, has announced plans to close two of its coal mines in British Columbia due to low coal prices and soft markets. The Wolverine mine at Tumbler Ridge will be closed immediately, idling...

Canadian Mining Journal Staff | April 16, 2014 | 4:11 pm

ENVIRONMENT: GE technology removes selenium from coal mining wastewater

TREVOSE, Pennsylvania – Anglo American has selected GE’s Advanced Biological Metals removal process (ABMet) technology to remove nitrate and selenium from wastewater discharge at its Peace River Coal Trend mine in Tumbler Ridge, BC....

Canadian Mining Journal Staff | April 16, 2014 | 4:08 pm

Rio Tinto struggles with iron ore, Oyu Tolgoi in first quarter

VANCOUVER — Despite setting a variety of production records during the first quarter, major Rio Tinto (NYSE: RIO; LON: RIO) is not off to the best start to 2014. The company struggled with weather issues at its iron ore operations in...

Canadian Mining Journal Staff | April 16, 2014 | 4:06 pm

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