Canadian Mining Journal Staff, Author at Canadian Mining Journal

CHROME: KWG encouraged by latest metallurgical tests

ONTARIO – KWG Resources of Toronto says it is encouraged by the results of recent laboratory tests using natural gas to reduce the chromite ore from the Black Horse deposit in the Ring of Fire. The new method shows promise for the...

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

URANIUM: Denison samples 17.3% U3O8 from Gryphon zone at Wheeler River

SASKATCHEWAN – Toronto's Denison Mines Corp. has drilled basement hosted mineralization averaging 17.3% U3O8 over 4.2 metres from the Gryphon zone at the Wheeler River property between Key Lake and McArthur River. The Gryphon zone is 3.0...

Canadian Mining Journal Staff | April 2, 2014 | 4:08 pm

GOLD-COBALT: Fortune updates NICO economics

NORTHWEST TERRITORIES – Micon has completed the updated feasibility study for the NICO gold-cobalt-bismuth-copper project using lower commodity prices. The project, located 160 km northwest of Yellowknife, is 100% owned by Fortune...

Canadian Mining Journal Staff | April 2, 2014 | 4:06 pm

Asanko closer to realizing vision in Ghana

First it took the vision and now it is about following through.

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

REVIEW: Bre-X – Dead Man’s Story

You don't have to be an industry insider to remember the story of Bre-X – the 200 million oz of gold in the jungles of Borneo that disappeared overnight. The story of the company's rollercoaster ride – propelled by enormous greed...

Canadian Mining Journal Staff | April 1, 2014 | 4:50 pm

GOLD: Richmont offers fresh numbers for Island Gold

ONTARIO – Richmont Mines of Montreal has published the latest resource numbers for its Island Gold gold mine 83 km northeast of Wawa. Using a gold price of US$1,225/oz, at the 2013 year end the Island Gold mine has proven and probable...

Canadian Mining Journal Staff | April 1, 2014 | 4:26 pm

GOLD: Tasiast expansion to cost Kinross $1.6B

MAURITANIA – Toronto-based Kinross Gold Corp. has completed the feasibility study for the expansion of its Tasiast gold mine. Building a new mill will cost $1.6 billion, but output would expand more than threefold, to 848,000 oz per year.

Canadian Mining Journal Staff | April 1, 2014 | 4:24 pm

NEW NAME: Rexroth Pneumatics becomes Aventics

BURLINGTON, Ontario – A new stand-alone company has been created out of the former pneumatics business unit at Bosch Rexroth. Due to a change in ownership, the medium-sized company is now operating under the name Aventics.

Canadian Mining Journal Staff | April 1, 2014 | 4:23 pm

Namoya boosts Banro’s gold reserves 53%

Toronto-based Banro Corp. (TSX: BAA; NYSE: BAA) has published an initial reserve estimate for its Namoya gold mine in the Democratic Republic of the Congo, pushing up company-wide reserves by 53% to 2.36 million oz.

Canadian Mining Journal Staff | April 1, 2014 | 4:21 pm

URANIUM: Fission discovers new zone with step out holes

SASKATCHEWAN – Fission Uranium Corp. of Kelowna, BC, has discovered a new zone of "considerable" mineralization at its Patterson Lake South uranium project in the Athabasca Basin. Step out holes have identified zone R1620E that lies 465...

Canadian Mining Journal Staff | March 31, 2014 | 4:27 pm

GOLD: Metanor extends A vein at Bachelor

QUEBEC – Metanor Resources of Val d'Or, QC, has four drills turning underground at its Bachelor gold mine 225 km northeast of Val d'Or, and the results are promising. The hole drilled on level 5 confirmed the extension of the A vein north...

Canadian Mining Journal Staff | March 31, 2014 | 4:25 pm

URANIUM: Cameco ends hexafluoride deal year ahead of schedule

SASKATOON – Cameco Corp. is ending its toll conversion agreement at the end of August 2014 with Springfields Fuels in the United Kingdom. The original 10-year deal was to expire in 2016. The company has agreed to pay $18 million to allow...

Canadian Mining Journal Staff | March 31, 2014 | 4:24 pm

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