OSC review finds juniors struggling with disclosure
Ontario’s junior mining companies are struggling to meet disclosure requirements, a review by the Ontario Securities Commission (OSC) has found.
Canadian Mining Journal Staff
Posts by Canadian Mining Journal Staff:
MARKETS: Canadian mining equities drop 45%
TORONTO – Market capitalization in Canada's mining sector has decreased 45% over the course of 2013, according to the publication Canadian Mining Eye: Q4 2013 published by Ernst & Young (EY). In the fourth quarter alone the drop was...
GOLD: New Gold’s costs lower, reserves higher in 2013
VANCOUVER – New Gold is coming off 2013 with the lowest costs per ounce in its history and growing reserves. The company operates four mines – the New Afton copper-gold-silver mine in British Columbia, the Cerro San Pedro...
MINING PEOPLE: Abacus Mining, Discovery Harbour, North Country Gold, Pebble LP, Reliance Resources, and Revolver Resources
James Excell has resigned his duties at Abacus Mining and Exploration Corp. in Vancouver, and Thomas McKeever will retire as executive chairman but remain on the board. Effective immediately, Michael McInnis will assume the roles of chairman,...
MINERAL PROCESSING: ABB commissions Clarabelle mill upgrade for Vale
ONTARIO – ABB, the leading power and automation technology group, has commissioned an upgrade to Vale's existing Clarabelle dual pinion semi-autogenous (SAG) mill. The project was completed on-time and on-budget with an excellent...
BULK MATERIAL: Industry leaders choose Rail-Veyor over conveyors
SUDBURY, Ontario – When the needs of industry change, there are only two choices. Either adapt current methods or seek out new solutions. The mining, aggregate and energy sectors are facing increased demands for bulk material handling...
Northwest Territories to take responsibility for resources
VANCOUVER – After 12 years of lobbying, planning, and negotiating, the Northwest Territories (NWT) will soon take over responsibility for managing its lands, water, and resources.
GOLD: Detour Lake sitting on 15.5M oz of reserves
ONTARIO – Detour Gold Corp. has updated its plans for the Detour Lake gold mine 185 km northeast of Cochrane, counting 15.5 million oz contained in current mineral reserves (476 million tonnes grading 1.02 g/t Au).
URANIUM: Fission hits 11.1% U3O8 at PLS
SASKATCHEWAN – Fission Uranium Corp. of Kelowna, BC, has released the final assays from last summer's drilling program at Patterson Lake South in the Athabasca Basin. Of particular note, is hole PLS13-109 (line 750E) that returned 4.22%...
GRAPHITE: First geological model of Zenyatta’s Albany
ONTARIO – The first geological model of the Albany graphite deposit, called by owner Zenyatta Ventures "one-of-a-kind", has been completed at Lakehead University in Thunder Bay, ON. The company says the deposit is unique having been...
AGT Systems NA opens doors to the new markets
TORONTO – AGT Systems NA (North America) announces the opening of a new office in Toronto. AGT Systems has been supplying exploration industry and geoscience community with advanced technologies for over 13 years from its office in...
Zinc outlook improves, analysts say
Patricia Mohr, vice-president economics and commodity market specialist at Scotiabank believes zinc “will be the next big base metal play for investors.” She forecasts prices will average US$0.94 per lb in 2014 — with most of...
Komatsu launches world’s largest hydraulic mining excavator
Komatsu’s Germany Mining Division has announced the global launch of the PC9000-12, the largest and most innovative hydraulic mining excavator in the […]