Canadian Mining Journal Staff, Author at Canadian Mining Journal

Goro suspension pushes nickel price to two-year high

VANCOUVER – With nickel prices already up almost 40% in 2014, a suspension at Vale’s (NYSE: VALE) Goro mine in New Caledonia has pushed the price of the steelmaking component to a two-year high.

Canadian Mining Journal Staff | May 13, 2014 | 3:35 pm

Cash flow modelling is really important

Identifying risk and recognizing the ability to respond to uncertainty is an important priority for mining and metals companies across Canada and beyond — especially given ongoing metal price volatility. Taking the necessary steps to...

Canadian Mining Journal Staff | May 13, 2014 | 8:43 am

SILVER: Fortune Minerals to buy Revenue mine in Colorado

COLORADO – Fortune Minerals of London, ON, has completed the first stage of purchasing the recently reopened Revenue silver mine in the southwest part of the state from a private vendor. The acquisition will be made in stages, with the...

Canadian Mining Journal Staff | May 12, 2014 | 4:16 pm

GOLD: Balmoral intersects more than 1-kg/t over almost 5 metres in Bug Lake footwall

QUEBEC – Vancouver-based Balmoral Resources has drilled an almost unbelievable 1,138 g/t Au (33 oz/ton) over 4.87 metres in the Bug Lake footwall zone at its Martiniere property that lies along the Detour Gold Trend. Now for the property...

Canadian Mining Journal Staff | May 12, 2014 | 4:13 pm

COPPER-GOLD: First Quantum, Petaquilla reach $60M deal on Molejon and Cobre Panama

PANAMA – Minera Panama, a subsidiary of Vancouver's First Quantum Minerals, and Petaquilla Minerals have reached a deal worth $60 million to completely separate operations of Petaquilla's Molejon gold mine and First Quantum's Cobre Panama...

Canadian Mining Journal Staff | May 12, 2014 | 4:11 pm

ANNIVERSARY: Atlas Copco Canada celebrates 65 years

MISSISSAUGA, Ontario – On May 9, 2014 Atlas Copco Canada celebrated 65 years as a Canadian leader in sales, service and marketing of air and gas compressors, portable compressors, generators, mining and rock excavation equipment,...

Canadian Mining Journal Staff | May 12, 2014 | 4:08 pm

Fission 3.0 aims to write new chapter in Athabasca success story

VANCOUVER — When you're one of the most successful exploration outfits in a region, it makes sense to take a tried-and-true discovery formula and apply it across a wide swath of under-explored properties, and that's the goal at Fission...

Canadian Mining Journal Staff | May 12, 2014 | 4:07 pm

GOLD: Top 10 producers

From the Mineweb.com website come not one, but two Top 10 lists of the world's gold producers. One ranks the countries with the highest production. The second ranks the companies with the largest output. Briefly here they are.

Canadian Mining Journal Staff | May 8, 2014 | 4:12 pm

GOLD: Sage to study natural gas use in mining vehicles at Clavos property

ONTARIO – Sage Gold of Toronto has agreed to study the viability of using compressed natural gas to supplement and/or replace diesel fuel for surface equipment and haulage trucks. The study is to be undertaken with CNG Canada and Change...

Canadian Mining Journal Staff | May 8, 2014 | 4:10 pm

NICKEL: Lockerby mine reopens reports First Nickel

ONTARIO – First Nickel says that the Ontario Ministry of Labour has approved the restart of underground operations in all areas of the Lockerby mine near Sudbury, except for the level where two contract drillers were killed on May 6. The...

Canadian Mining Journal Staff | May 8, 2014 | 4:09 pm

MINING PEOPLE: Boxxer Gold, Ivanhoe Mines, Mediterranean Resources, Mirasol, Noront, and Probe Mines

Calgary-based Boxxer Gold Corp. has named Jason Riley president and CEO. Elmer B. Stewart has accepted the position of interim COO.

Canadian Mining Journal Staff | May 8, 2014 | 4:07 pm

STEEL: Ruukki showcases energy efficient specialized steel

VANCOUVER – Ruukki, the Finnish steelmaker only recently launched in the North American market, is introducing its line of energy efficient specialty steels at the CIM annual general meeting and trade show next week.

Canadian Mining Journal Staff | May 8, 2014 | 4:06 pm

Mongolian gov’t looks to end dispute with miners

VANCOUVER — Reports have began to surface that ongoing discussions within the Mongolian parliament may end a stalemate amongst international mining companies and the central government.

Canadian Mining Journal Staff | May 8, 2014 | 4:04 pm

GUEST COMMENT: Barrick’s tradition of giving

While 86-year-old Peter Munk may have stepped down as chairman of Barrick Gold, the world's largest gold producer and the company he founded 30 years ago, his legacy of giving and corporate social responsibility lives on in many ways. "To give...

Canadian Mining Journal Staff | May 7, 2014 | 3:49 pm

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