Canadian Mining Journal Staff

Fraser Institute argues mineral rights transfer to First Nations could avoid land claims issues, better attract private investment

CALGARY—Providing aboriginal groups across Canada with mineral rights could avoid land claims issues and better attract private investment in the mining sector, according to a Fraser Institute report.

Canadian Mining Journal Staff | April 3, 2014 | 3:42 pm

FLEET MANAGEMENT: Mount Polley copper mine selects Wenco system

BRITISH COLUMBIA – Wenco International Mining Systems has signed a contract with Imperial Metals Corp. to supply the Mount Polley mine with the Wenco fleet management system and mobile supervisor terminals.

Canadian Mining Journal Staff | April 3, 2014 | 3:40 pm

PUMPS: Sepro offers range of horizontal and vertical models

LANGLEY, British Columbia – Sepro Mineral Systems Corp. announced the 2014 launch of the Sepro pump equipment line for the mining, aggregate, chemical and industrial sectors.

Canadian Mining Journal Staff | April 3, 2014 | 3:39 pm

AuRico impresses with solid production numbers

AuRico Gold (TSX: AUG; NYSE: AUQ) just couldn’t wait to push its production results out to the market.

Canadian Mining Journal Staff | April 3, 2014 | 3:37 pm

DEAL: Yamana to buy 50% of Osisko

MONTREAL – In a deal worth $441.5 million in cash and 95.7 million common shares of Yamana Gold, that company and Osisko Mining Corp. have entered into a partnership. Yamana will acquire a 50% interest in Osisko's mining and exploration...

Canadian Mining Journal Staff | April 2, 2014 | 4:11 pm

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

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