Canadian Mining Journal Staff

GOLD: AurCrest continues drilling at Richardson Lake

ONTARIO – AurCrest Gold of Toronto has released additional results from drilling at its Richardson Lake gold property 115 km northwest of Red Lake, in the Birch-Uchi belt.

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

GOLD: Romarco offered $200M for Haile mine build

SOUTH CAROLINA – Toronto-headquartered Romarco Minerals has secured a US$200 million, 8.5-year senior financing for its Haile gold mine development in Lancaster County. Letters have been signed with Caterpillar Financial Services,...

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

CELL SERVICE: Boosters for mining … even underground

TORONTO – Raise your bars…and stay connected with your cell phone anywhere … even underground!

Canadian Mining Journal Staff | November 4, 2014 | 4:10 pm

Canterra Minerals carves out more ground in diamond country

Randy Turner – the man who guided Winspear Diamonds from the discovery of the Snap Lake diamond deposit in northern Canada to its sale to De Beers for $305 million in 2000 – is back at diamond exploration again in the same part of...

Canadian Mining Journal Staff | November 4, 2014 | 4:07 pm

MERGER: Antofagasta offers hefty premium for Duluth Metals

TORONTO – Duluth Metals has entered into a binding agreement with Antofagasta plc that will see the British miner pay a premium close to three times the price per share for Duluth. Antofagasta will pay C$0.45 per share in cash for all of...

Canadian Mining Journal Staff | November 3, 2014 | 4:20 pm

ZINC-LEAD: Wolfden reports first assays from Rocky Turn at Tetagouche

NEW BRUNSWICK – Wolfden Resources Corp. of Thunder Bay, ON, has released the initial assays from drilling the Rocky Turn target at the Tetagouche zinc-lead property 25 km west of Bathurst. The target has been traced intermittently along a...

Canadian Mining Journal Staff | November 3, 2014 | 4:17 pm

COPPER: Mining costs quadruple over 10 years in Chile

CHILE – A study prepared by GEM consultants and published in the Perspectiva magazine found that operating costs at Chile's copper producers quadrupled between 2004 and 2013. Costs rose from an average of $0.42 per lb to a little over...

Canadian Mining Journal Staff | November 3, 2014 | 4:16 pm

SAFETY: Participants invited to new Australian conference and exhibition

MELBOURNE, Australia – Reed Exhibitions Australia, the Australian subsidiary of the world’s leading event organizer, has today announced a major new conference and exhibition for the workplace health and safety sector. The Safety...

Canadian Mining Journal Staff | November 3, 2014 | 4:13 pm

NRC Arctic program aims to realize ‘full potential’ of Canada’s North

VANCOUVER — Natural resource development in Canada can come with a unique set of challenges due to a variety of isolated, cold weather climates. The federal government is hoping it can make life easier for miners and other parties...

Canadian Mining Journal Staff | November 3, 2014 | 4:12 pm

GOLD: Falling price takes toll on Agnico, Barrick and Goldcorp

TORONTO and VANCOUVER – Third quarter results are rolling in this time of year, and Canada's largest gold producers – Agnico-Eagle Mines, Barrick Gold and Goldcorp – are feeling the pinch of a stagnant price.

Canadian Mining Journal Staff | October 30, 2014 | 4:31 pm

GOLD: Marathon drills 1.71 g/t over 44 metres in new zone at Valentine Lake

NEWFOUNDLAND – Toronto-based Marathon Gold Corp. reports that the first three holes drilled in the newly discovered Marathon zone at the Valentine Lake property 55 km south of Buchans returned long and strong intersections.

Canadian Mining Journal Staff | October 30, 2014 | 4:29 pm

MINING PEOPLE: AEMQ, Khalkos, and Turquoise Hill

At the end of a very successful convention in Montreal last week, the Quebec Mineral Exploration Association (AEMQ) appointed Jean M. Gagne and Frank Mariage board chairs of Minalliance and the AEMQ, respectively. Both are partners at Fasken...

Canadian Mining Journal Staff | October 30, 2014 | 4:27 pm

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