Canadian Mining Journal Staff, Author at Canadian Mining Journal

COMMENT: Chilean court cancels Pascua-Lama fine, retains suspension

As we are used to hearing – there is good news and bad news. This time Toronto's Barrick Gold is on the receiving end of both, thanks to the environmental court in Chile. At issue is the future of the expensive Pascua-Lama gold project...

Canadian Mining Journal Staff | March 10, 2014 | 4:37 pm

URANIUM: Nothing but high grades at Fission’s PLS project

SASKATCHEWAN – There seems to be no stopping Fission Uranium as it continues to drill its Patterson Lake South property on the southwest edge of the Athabasca Basin. The Kelowna, BC-based company keeps hitting off scale grades as winter...

Canadian Mining Journal Staff | March 10, 2014 | 4:35 pm

GOLD: KLGold drills 5.5+ oz/ton at Amalagamated Break

ONTARIO – Kirkland Lake Gold, based in the town of the same name, recently drilled 189.94 g/t Au (5.54 opt) over 0.3 metres true width on the South Claims property. The core contained visible gold at about 205 metres below surface.

Canadian Mining Journal Staff | March 10, 2014 | 4:28 pm

EXPLOSIVES: Nordex to expand three projects

KIRKLAND LAKE, Ontario – Nordex Explosives has begun three projects designed to expand the corporation's footprint in the explosives business. These three new projects focused on the custom design and building of specialty bulk trucks;...

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

PDAC: Goldcorp COO discusses ‘operating for excellence’

VANCOUVER — In a climate of volatile gold prices and rising costs, producers have become increasingly focused on streamlining and improving operations at established, brownfield assets, and Vancouver-based Goldcorp (TSX: G; NYSE: GG) is...

Canadian Mining Journal Staff | March 10, 2014 | 4:22 pm

COMMENT: Show me the money

Canadian mine financing occupied much of the talk at the recent Prospectors & Developers Association Canada's annual convention. The topic gets hotter and hotter every year as potential investors are lukewarm at best. Now there is reason to...

Canadian Mining Journal Staff | March 6, 2014 | 4:14 pm

GOLD: Recoveries excellent in tests, says Lexam

ONTARIO – Gold recoveries during metallurgical tests from its four gold properties in Timmins are "excellent," according to Lexam VG Gold of Toronto. Recoveries range from 90.7% to 98.5%, in line with historical recoveries from the...

Canadian Mining Journal Staff | March 6, 2014 | 4:12 pm

MINING PEOPLE: Copper North, Dorsey & Whitney LLP, First Majestic, and Majestic Gold

Copper North Mining Corp. of Vancouver has named Dr. Harlan Meade as president, CEO and director. He is the holder of a doctorate in geology and a MBA. He was the former president and CEO of Selwyn Resources.

Canadian Mining Journal Staff | March 6, 2014 | 4:10 pm

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

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