Canadian Mining Journal Staff, Author at Canadian Mining Journal

PDAC: Factors that affect whether a discovery turns into a mine

Less than half of the discoveries made since 1950 have turned into mines so far, Richard Schodde, managing director of Melbourne-based MinEx Consulting, said at the annual Prospectors and Developers Association of Canada's (PDAC) convention in...

Canadian Mining Journal Staff | March 6, 2014 | 4:09 pm

COPPER: Imperial rounds up cash to finish Red Chris

VANCOUVER – Earlier this week, Imperial Metals Corp. of Vancouver launched a US$325-million senior notes offering as part of the financing for the completion of the Red Chris copper mine and mill 80 km south of Dease Lake, BC. The notes...

Canadian Mining Journal Staff | March 5, 2014 | 4:16 pm

GOLD: Laurentian buys Madsen project

ONTARIO – Laurentian Goldfields of Vancouver has completed the purchase of the Madsen gold project 16 km west of Red Lake. Madsen is a former producer that operated from 1938-74 and 1997-99, producing over 2.45 million oz of gold.

Canadian Mining Journal Staff | March 5, 2014 | 4:14 pm

GOLD: Permit issued for Yellow Giant mine

BRITISH COLUMBIA – The Mines Act Permit for the Yellow Giant gold project on Banks Island has been issued to Banks Island Gold of Vancouver. The British Columbia Ministry of Energy and Mines approved the mine plan and reclamation program....

Canadian Mining Journal Staff | March 5, 2014 | 4:13 pm

MEETING: PDAC delegates top 25,000 for fourth year

TORONTO – The Prospectors & Developers Association of Canada announced that delegate attendance topped 25,000 for the fourth consecutive year. The tally was 25,122 investors, analysts, mining executives, geologists, government...

Canadian Mining Journal Staff | March 5, 2014 | 4:12 pm

PDAC: The age of paternalism is gone, Bob Rae says

“Good progress” is being made at the bargaining table on a framework agreement between the Matawa Tribal Council and the provincial government on advancing the Ring of Fire, says former Ontario Premier Bob Rae, who represents the...

Canadian Mining Journal Staff | March 5, 2014 | 4:11 pm

GUEST OPINION: Canadian TV ignores Ontario’s rich mining history

For crying out loud, I continue to be astonished with our collective Canadian obsession over the Klondike gold rush while northern Ontario’s rich and vibrant mining history is completely ignored by the Toronto media establishment,...

Canadian Mining Journal Staff | March 4, 2014 | 4:18 pm

WEBSITE: Help for families of remote workers comes to Canada

TORONTO - A free support website has been launched in Canada to boost the emotional resilience of employees and families in mining, oil and gas.

Canadian Mining Journal Staff | March 4, 2014 | 4:16 pm

GOLD: Horne 5 deposit hosts 2+M oz for Falco Pacific

QUEBEC – Falco Pacific Resource Group has calculated the initial mineral resources estimate for the upper portion of its Horne 5 gold and base metals deposit in Rouyn-Noranda. Numbers quoted are for drilling to the 1,700 vertical metres;...

Canadian Mining Journal Staff | March 4, 2014 | 4:14 pm

BUCKET ELEVATOR: Aumund new configuration extends belt life

GERMANY – The new Aumund type BWG-GK bucket elevator for coarse material features a innovative configuration principle, one that can significantly extend the belt life. The narrow, overlapping positions of the buckets hide the belt so...

Canadian Mining Journal Staff | March 4, 2014 | 4:13 pm

Short-term investment focus has to go, Franco-Nevada’s Harquail tells PDAC

David Harquail, president and CEO of gold royalty company Franco-Nevada (TSX:FNV; NYSE: FNV), first started coming to the Prospectors and Developers Association of Canada convention when he was a kid in the '60s. His job was to transport rye...

Canadian Mining Journal Staff | March 4, 2014 | 4:12 pm

TAKEOVER: Osisko, Goldcorp settle litigation

MONTREAL and VANCOUVER: Osisko Mining Corp. and Goldcorp have reached an agreement to settle the proceeding that Osisko commenced against Goldcorp in the Quebec Superior Court. Osisko alleged that Goldcorp misused confidential information in...

Canadian Mining Journal Staff | March 3, 2014 | 4:18 pm

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