Canadian Mining Journal Staff, Author at Canadian Mining Journal

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

BLASTING: Nordex wins first order for Johnex “Buttbuster”

ONTARIO – Nordex Explosives of Kirkland Lake, ON, has received the first firm purchase orders totalling $750,000 for the new Johnex "Buttbuster" product. Delivery is slated for Q1 2014.

Canadian Mining Journal Staff | December 3, 2013 | 4:09 pm

Taseko applies to have New Prosperity panel findings set aside

VANCOUVER – Taseko Mines (TSX: TKO) is certain Natural Resources Canada (NRCan) used the wrong project design in assessing the tailings storage facility at the proposed New Prosperity mine, a fundamental error that led the project's...

Canadian Mining Journal Staff | December 3, 2013 | 4:07 pm

AWARD: Teck’s Elkview wins TSM leadership award

SPARWOOD, British Columbia – The Mining Association of Canada (MAC), headquartered in Ottawa, has given a special Towards Sustainable Mining (TSM) Leadership Award to Teck Resources' Elkview operations. The award highlights the coal...

Canadian Mining Journal Staff | December 2, 2013 | 4:07 pm

BASE METALS: Santa Fe discovered two SEDEX targets near old Sullivan mine

BRITISH COLUMBIA – Where better to hunt elephants than in elephant country? That question was often asked during the 10 decades the Sullivan zinc-lead mine operated. Teck closed it due to depleted resources in 2001, but Santa Fe Metals...

Canadian Mining Journal Staff | December 2, 2013 | 4:05 pm

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