Canadian Mining Journal Staff, Author at Canadian Mining Journal

TAKEOVER: Osisko files circular, again says no to Goldcorp

MONTREAL – Osisko Mining Corp. has filed its directors' circular concerning the hostile takeover offer from Goldcorp. with Canadian securities regulatory authorities, and mailing it has begun. Once again Osisko called Goldcorp's offer...

Canadian Mining Journal Staff | January 29, 2014 | 4:07 pm

Cameco rises on uranium optimism

Saskatoon-based Cameco (TSX:CCO; NYSE:CCJ), like many uranium miners, is enjoying predictions of higher prices and growing demand in the uranium space.

Canadian Mining Journal Staff | January 29, 2014 | 4:06 pm

GOLD: Contained ounces in Island Gold Deep C zone top 1M

ONTARIO – The latest resource numbers on the Deep C zone at the Island Gold mine belonging to Richmont Mines of Montreal total over a million ounces. The previous indicated resource has been upgraded to 456,000 indicated tonnes grading...

Canadian Mining Journal Staff | January 28, 2014 | 4:25 pm

GOLD: Premier offers PEA reports on Hardrock, Brookbank deposits

ONTARIO – Premier Gold Mines of Thunder Bay, ON, is examining preliminary economic assessments for its Hardrock and Brookbank deposits in the northwestern part of the province.

Canadian Mining Journal Staff | January 28, 2014 | 4:24 pm

FUNDRAISING: BC miners kick off 2014 effort for Children’s Hospital

VANCOUVER – Mining for Miracles, British Columbia's mining community's longstanding fundraising campaign for BC Children's Hospital, kicked off this year's fundraising efforts by launching the diamond draw at the Mineral Exploration...

Canadian Mining Journal Staff | January 28, 2014 | 4:21 pm

COPPER: First Quantum looks at 70M t/y Cobre Panama throughput

PANAMA – First Quantum Minerals of Vancouver has released information about key changes it wants to make to the Cobre Panama copper project since taking control of former owner Inmet Mining. The project will produce its first concentrate...

Canadian Mining Journal Staff | January 28, 2014 | 4:19 pm

EQUIPMENT: Global sales of mining machinery to reach $135 billion by 2017

CLEVELAND, Ohio − Global demand for mining machinery is forecast to expand 8.6% per year through 2017 to US$135 billion despite some sales weakness in the short term, according to Freedonia Group analyst Matt Raskind.

Canadian Mining Journal Staff | January 28, 2014 | 4:18 pm

WEBSITE: Eriez showcases processing solutions

ERIE, Pennsylvania – The Eriez website highlights 175 processing solutions, categorized by industry, which detail how customers solved their most difficult separation or material handling challenges with the help of Eriez equipment....

Canadian Mining Journal Staff | January 28, 2014 | 4:16 pm

Alderon getting closer at Kami

Alderon Iron Ore (TSX: ADV; NYSE: AXX) is further down the road in its quest to build the Kami iron mine in the famed Labrador Trough.

Canadian Mining Journal Staff | January 28, 2014 | 4:14 pm

GOLD: Detour Gold provides 2014 guidance, secures power

ONTARIO – Toronto-based Detour Gold is heading into its second year of operation at the Detour Lake open pit mine, mill and refinery 185 km northeast of Cochrane. With that in mind, for 2014 Detour expects to produce between 450,000 and...

Canadian Mining Journal Staff | January 27, 2014 | 4:29 pm

DIAMONDS: Gahcho Ku, Tlicho government sign IBA

NORTHWEST TERRITORIES – The Gahcho Kué joint venture (De Beers Canada 51% and Mountain Province Diamonds 49%) and the Tlicho government have signed an impact benefit agreement for the new diamond mine under development 300 km...

Canadian Mining Journal Staff | January 27, 2014 | 4:25 pm

COPPER: Imperial 2013 production, 2014 guidance

VANCOUVER – Imperial Metals produced 59.1 million lb of copper in 2013 and plans to boost its output to 65.0 million lb in 2014. It also produced 54,456 oz of gold and 243,013 oz of silver last year.

Canadian Mining Journal Staff | January 27, 2014 | 4:23 pm

GOLD: Marathon drills multiple intervals at Victory deposit

NEWFOUNDLAND – Marathon Gold Corp. has drilled near surface gold intercepts in the first holes of the current campaign at its Valentine Lake project 55 km south of Buchans. Winter drilling is focused on expanding the open pit resource of...

Canadian Mining Journal Staff | January 27, 2014 | 4:20 pm

Barrick sells another asset in Australia

Barrick Gold (TSX: ABX; NYSE:ABX) continues to peel back its presence in Australia as it prepares to take another hit on its balance sheet due to Pascua-Lama.

Canadian Mining Journal Staff | January 27, 2014 | 4:15 pm

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