Canadian Mining Journal Staff

GOLD: Kaminak closes $11.5M bought deal to advance Coffee project

YUKON – Kaminak Gold Corp. of Vancouver has closed a bought deal private placement in the amount of $11.5 million. The proceeds will be used to advance the Coffee gold project 130 km south of Dawson City.

Canadian Mining Journal Staff | March 27, 2014 | 4:02 pm

MINING PEOPLE: Aldridge, Batero, Catalyst Copper, Logan Resources, Luna Gold, and SG Spirit Gold

Aldridge Minerals of Toronto has appointed Han Ilhan as president and CEO. He has a background in international mining and expertise in the Turkish mining industry. The company is testing the Yenipazar advanced gold-silver exploration project...

Canadian Mining Journal Staff | March 27, 2014 | 4:00 pm

Capstone more than doubles Pinto Valley mine life

VANCOUVER – Six months after buying the Pinto Valley mine, Capstone Mining (TSX: CS) has shown that the copper-molybdenum-silver mine can operate for at least eight extra years and produce a billion more pounds of copper than previously...

Canadian Mining Journal Staff | March 27, 2014 | 3:58 pm

COMMENT: Gold bugs invade Northern Ontario

It's already bug season in Northern Ontario – gold bug season that is. The numbers of junior exploration companies eager to drill the region are almost as many as there will be blackflies when the weather warms up. Well … maybe not...

Canadian Mining Journal Staff | March 26, 2014 | 8:06 pm

HONOURED: MacLean Engineering founder joins Hall of Fame

COLLINGWOOD, Ontario – Don MacLean, who founded MacLean Engineering in 1973, is being internationally recognized as a pioneer in the mining technology field, underground category. He was honoured at the inaugural 2014 International Mining...

Canadian Mining Journal Staff | March 26, 2014 | 8:03 pm

CRUSHER: Raptor 2000 makes its way to Copper Mountain

BRITISH COLUMBIA – The biggest of four major parts of the permanent secondary crusher has arrived at Copper Mountain mine from its multi-day transport from Kamloops. The lower main frame is the largest and heaviest piece of the Raptor...

Canadian Mining Journal Staff | March 26, 2014 | 8:01 pm

Lake Victoria Mining sells gold forward

When it comes to finding alternative ways to raise money in today’s beaten down junior financing market, Lake Victoria Mining (US-OTC: LVCA) seems to have taken the task to a whole new level.

Canadian Mining Journal Staff | March 26, 2014 | 7:59 pm

GOLD: Atlantic Gold updates DFS for Touquoy project

NOVA SCOTIA – Atlantic Gold of Australia has had another look at its Touquoy gold project northwest of Halifax and taken the opportunity to update the definitive feasibility study for the proposed open pit mine and mill.

Canadian Mining Journal Staff | March 25, 2014 | 4:18 pm

NICKEL: Horizonte completes PFS for Araguaia project

BRAZIL – Horizonte Minerals of Toronto released a pre-feasibility study for its 100% owned Araguaia nickel project indicating a mine would have a life of 25 years producing 15,000 tonnes of nickel in a ferro-nickel product from a single...

Canadian Mining Journal Staff | March 25, 2014 | 4:17 pm

New report reveals energy sector adds $9,000 per Canadian household

CALGARY − By any reasonable standard, Canada exports a lot of energy. Public perception towards energy trade in our country is often negative, especially when it comes to oil sands and pipelines. However, a new report from The University...

Canadian Mining Journal Staff | March 25, 2014 | 4:16 pm

Silver Wheaton hangs tough amidst lower metal prices

VANCOUVER — Despite a pronounced fall in profits on the back of declining precious metals prices, streaming outfit Silver Wheaton (TSX: SLW; NYSE: SLW) remains a favourite amongst analysts and investors. The company recorded its fifth...

Canadian Mining Journal Staff | March 25, 2014 | 4:13 pm

DIAMONDS: Gahcho Ku on track for Q3 2016 start

NORTHWEST TERRITORIES – First production from the Gahcho Kué diamond mine 300 km northeast of Yellowknife is on track for Q3 2016 as construction reaches the 17% mark. The mine is a joint venture of De Beers Canada (51% and...

Canadian Mining Journal Staff | March 24, 2014 | 4:35 pm

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