Canadian Mining Journal Staff, Author at Canadian Mining Journal

STUDY: Mining investors wary of Quebec

CALGARY – The Fraser Institute reports that uncertainly about protected areas and environmental restrictions, combined with tougher regulation and tax changes, has mining investors increasingly wary of doing business in Quebec.

Canadian Mining Journal Staff | December 5, 2013 | 3:57 pm

GOLD: Corvus expands Yellowjacket system at Bullfrog project

NEVADA – Corvus Gold of Vancouver has expanded the high grade stockwork zones thanks to assays from seven holes drilled through the Yellowjacket vein system at the Bullfrog gold project 5 km northwest of Beatty. Completed results...

Canadian Mining Journal Staff | December 5, 2013 | 3:52 pm

URANIUM: Strateco asks court to set aside refusal to issue Matoush permit

QUEBEC – On Dec. 5, 2013, Strateco Resources of Montreal filed a motion to invalidate the decision rendered by Quebec's Minister of Sustainable Development, the Environment, Wildlife and Parks a month earlier whereby he refused to deliver...

Canadian Mining Journal Staff | December 5, 2013 | 3:50 pm

MINING PEOPLE: Conspec Controls, Orvana, South American Silver, and Wolfden

Conspec Controls has named Ed Koush, to the post of senior engineer. He will work on the development of the next generation of environmental sensing and control products at the company's R&D facility in Toronto.

Canadian Mining Journal Staff | December 5, 2013 | 3:49 pm

Coastal Gold updates resource at Hope Brook in Newfoundland

Coastal Gold (TSXV: COD; US-OTC: COGGF) updated the resource for its Hope Brook gold project on the southwestern coast of Newfoundland today with grades in the indicated category averaging 1.93 g/t Au – 30.2% higher than in the previous...

Canadian Mining Journal Staff | December 5, 2013 | 3:45 pm

FLUORSPAR: New resources include Director and AGS veins

NEWFOUNDLAND – Canada Fluorspar of St. John's has calculated new resource numbers for the AGS and Director veins at its St. Lawrence property in the town of the same name.

Canadian Mining Journal Staff | December 4, 2013 | 4:15 pm

FUNDING: Hudbay bulks up for three growth projects

TORONTO – Hudbay Minerals is bulking up its treasury by issues US$100 million of its 9.5% senior unsecured notes due Oct. 1, 2020. These notes are in addition to the US$650 million raised by issuing similar unsecured notes in September...

Canadian Mining Journal Staff | December 4, 2013 | 4:12 pm

RARE EARTHS: Commerce makes high grade concentrate from Ashram material

QUEBEC – Vancouver-based Commerce Resources Corp. has produced a 54.6% TREO (total rare earth oxide) concentrate at a recovery rate of 70.7% with a mass reduction of 96.3% using conventional process steps. This will allow the company to...

Canadian Mining Journal Staff | December 4, 2013 | 4:10 pm

Carlisle Goldfields unveils economics at Lynn Lake camp

VANCOUVER — It has been a busy 18 months for Toronto-based junior Carlisle Goldfields (TSX: CGJ) at its wholly owned, 285 km2 property package across the historic Lynn Lake greenstone belt in northern Manitoba. And Carlisle has now...

Canadian Mining Journal Staff | December 4, 2013 | 4:07 pm

DIAMONDS: Water board approves Gahcho Ku land use permit

NORTHWEST TERRITORIES – The Mackenzie Valley Land and Water Board has approved a pioneer land use permit for the Gahcho Kué diamond project belonging to Mountain Province Diamonds (49%) and De Beers Canada (51%), both headquartered...

Canadian Mining Journal Staff | December 3, 2013 | 4:14 pm

POTASH: PotashCorp announces layoffs

SASKATOON – Potash Corporation of Saskatchewan has taken the "difficult but necessary step" to reduce its North American workforce by 18%. The changes are meant to optimize the company's lowest cost operations. The nitrogen, phosphate and...

Canadian Mining Journal Staff | December 3, 2013 | 4:11 pm

TAXES: Governments collect more than $71B over decade from mining industry

OTTAWA – The Mining Association of Canada has released the results of its annual look at mining industry payments to Canadian governments. The report found mining payments to federal and provincial governments total an estimated $71...

Canadian Mining Journal Staff | December 3, 2013 | 4:10 pm

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