Canadian Mining Journal Staff

GOLD: Barrick sells Hemlo royalties to Mineral Streams

ONTARIO – Mineral Streams of Toronto has acquired two gold royalties on the output from Barrick Gold's Hemlo complex near Marathon, 350 km east of Thunder Bay. The first is a 0.25% net smelter return on the Williams mine. The other is a...

Canadian Mining Journal Staff | February 26, 2014 | 4:02 pm

URANIUM: Phoenix deposit yields high grades for Denison

SASKATCHEWAN – Toronto-based Denison Mines Corp. continues to explore for uranium in the Athabasca Basin. Of particular interest are the high grades intersected at Zone A of the Phoenix deposit on the Wheeler River property (between Key...

Canadian Mining Journal Staff | February 26, 2014 | 3:58 pm

BASE METALS: Trevali intersects long and strong Zn-Pb-Cu at Stratmat

NEW BRUNSWICK – Trevali Mining Corp. of Vancouver is intersecting multiple high grade massive sulphide lenses over what it says are significant intervals at its Stratmat zinc-lead-copper deposit in the Bathurst Mining Camp. The deposit...

Canadian Mining Journal Staff | February 26, 2014 | 3:55 pm

COPPER-NICKEL: Tonnage grows for Duluth Metals in Minnesota

MINNESOTA – Duluth Metals of Toronto has increased the metal content as well as the tonnage of the resources in four deposits at its Twin Metals project in the northeast part of the state.

Canadian Mining Journal Staff | February 26, 2014 | 3:53 pm

Altan CEO gets creative to finance greenfield exploration

VANCOUVER — It has been a lean two years for explorers working on greenfield discoveries, and president and CEO Evan Jones has seen just how tough capital markets have been on juniors as he's guided a pair of companies advancing...

Canadian Mining Journal Staff | February 26, 2014 | 3:52 pm

Monica Ospina: How to create a local procurement strategy

Whether it is the cold of the Canadian north, the jungles of Africa or the deserts of Australia, a company seeking to extract minerals must develop a corporate social responsibility strategy or risk vocal and sometimes violent opposition to its...

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

GOLD: KLG drills 50+ oz per ton at Macassa

ONTARIO – Kirkland Lake Gold reports that surface drill hole AB-13-108 assayed 1,718.06 g/t Au – a whopping 50.11 oz per ton – over 0.6 metres true width at the Macassa property, west of the South Claims boundary, near the...

Canadian Mining Journal Staff | February 25, 2014 | 4:12 pm

IRON ORE: Tata pumps up DSO resources by 23%

QUEBEC – Tata Steel Minerals Canada, a joint venture of Calgary's New Millennium Iron Corp. (20%) and India's Tata Steel (80%), has increased indicated resources at its DSO project by 23.45%. The 2012 drill program consisted of 28 holes...

Canadian Mining Journal Staff | February 25, 2014 | 4:10 pm

TRAINING: AMTA broadens mandate across BC

VANCOUVER – The Aboriginal Mentoring and Training Association (AMTA), formerly the BC Aboriginal Mines Training Assn., is making its workforce development solution available to resource sector industries across British Columbia. This move...

Canadian Mining Journal Staff | February 25, 2014 | 4:07 pm

WEBSITE: Open a dialog with Quebec miners at MinesQC.com

MONTREAL – The communication fund of the Quebec mining industry, Minalliance, created www.MinesQC.com, an online dialog and information platform aimed at bringing together the general public and Quebec's mining industry.

Canadian Mining Journal Staff | February 25, 2014 | 4:03 pm

Centerra posts strong Q4, unveils Oksut PEA

VANCOUVER — Producer Centerra Gold (TSX: CG) has been making headlines due to its negotiation with the Kyrgyzstani government over the ownership structure at its flagship Kumtor gold mine 350 km due southeast of the capital Bishkek, but...

Canadian Mining Journal Staff | February 25, 2014 | 4:01 pm

NICKEL: Celebration marks opening of Vale’s Totten mine in Sudbury

ONTARIO – Vale celebrated what its calls its first new mine near Sudbury in over 40 years – the 2,200-t/d underground Totten nickel-copper mine – last Friday, Feb. 21, 2014. Ontario's premier Kathleen Wynne, the federal...

Canadian Mining Journal Staff | February 24, 2014 | 4:14 pm

COMMENT: Smuggling diamonds into Canada?

Pity the poor, misguided woman who was caught last week trying to smuggle diamonds into Canada. The Canada Border Services Agency stopped a foreign woman when she attempted to enter the country at Pearson International Airport. Over 1,500 ct of...

Canadian Mining Journal Staff | February 24, 2014 | 4:13 pm

MERGER: Augusta board says “no” to Hudbay offer

TORONTO – The board of Augusta Resource Corp. unanimously recommends that its shareholders reject the unsolicited takeover offer from Hudbay Minerals. Earlier this month, Hudbay offered to acquire all the issued and outstanding common...

Canadian Mining Journal Staff | February 24, 2014 | 4:10 pm

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