Canadian Mining Journal Staff, Author at Canadian Mining Journal

SILVER: Fourth deposit found at Homestake Ridge

BRITISH COLUMBIA – Homestake Resource Corp. of Vancouver has wrapped up the season's drilling at its Homestake Ridge silver project 32 km southeast of Stewart with the discovery of a fourth mineralized zone. The latest bonanza silver...

Canadian Mining Journal Staff | November 26, 2013 | 4:20 pm

COPPER-GOLD: Turquoise Hill makes $2.4B rights offering

VANCOUVER – Turquoise Hill Resources has filed the final prospectus in the relevant jurisdictions for a US$2.4 billion rights offering. The net proceeds will repay the outstanding amounts of the company's interim funding facility and its...

Canadian Mining Journal Staff | November 26, 2013 | 4:18 pm

TIRES: Immersive Technologies mining customers report 10.4% boost to tire life

AUSTRALIA - Tires represent a significant expense in a mining operation and are a powerful area for cost containment. Maximizing tire life increases machine availability and proactively addresses issues like global tire shortages. Immersive...

Canadian Mining Journal Staff | November 26, 2013 | 4:15 pm

Prophecy Platinum reports half-mile of continuous mineralization

Picture seven football fields in a row of continuous mineralization and that's the width of platinum group metal mineralization intercepted in a single drill hole at Prophecy Platinum's (TSXV: NKL; US-OTC: PNIKF) Wellgreen PGM-nickel-copper...

Canadian Mining Journal Staff | November 26, 2013 | 4:12 pm

OIL SANDS: Suncor puts 2014 capex at $7.8 billion

CALGARY – Suncor Energy has announced $7.80 billion in capital spending for 2014 to boost production to 610,000 bbl of oil equivalent from 565,000 bbl. The money earmarked for the oil sands will increase production 14% to offset the sale...

Canadian Mining Journal Staff | November 25, 2013 | 4:10 pm

TITANIUM: Argex orders long lead time items for Valleyfield plant

QUEBEC – Argex Titanium of Montreal has begun preliminary engineering work with vendors for the longest lead time items for its commercial sized titanium dioxide facility in Valleyfield.

Canadian Mining Journal Staff | November 25, 2013 | 4:08 pm

ZINC-LEAD: Trevali presses ahead at Halfmile, Stratmat properties

NEW BRUNSWICK – Vancouver-based Trevali Mining Corp. is working on several programs at its Halfmile and Stratmat polymetallic deposits in the Bathurst mining camp. It is drilling, conducting environmental studies, working on an...

Canadian Mining Journal Staff | November 25, 2013 | 4:06 pm

GOLD: Alexandria expands Akasaba West zone

QUEBEC – Alexandria Minerals Corp. of Toronto has extended the West zone at its Akasaba project near Val d'Or by 100 metres below the current resource based on step-out drilling. Hole IAX-13-238 returned 112.80 metres grading 0.37 g/t Au...

Canadian Mining Journal Staff | November 25, 2013 | 4:05 pm

Atico becomes a producer in Colombia

Atico Mining Corp. (TSXV: ATY; US-OTC: ATCMF) officially made the leap from explorer to producer today after completing its option agreement to acquire 90% of the El Roble mine – the only copper mine in production in Colombia.

Canadian Mining Journal Staff | November 25, 2013 | 4:03 pm

COMMENT: Cliffs abandons Ring of Fire

Cliffs Natural Resources, the American miner that was so hot to gain control of chromite deposits in Ontario's Ring of Fire, is packing up and going home.

Canadian Mining Journal Staff | November 21, 2013 | 4:13 pm

NICKEL-COPPER-PGM: Noront reaffirms commitment to Ring of Fire

ONTARIO – Toronto-based Noront Resources has quietly reaffirmed its plans for the Eagle's Nest nickel-copper-platinum group metals mine in the Ring of Fire. The company remains on track to deliver its environmental assessment by the end...

Canadian Mining Journal Staff | November 21, 2013 | 4:11 pm

COAL: Morien signs off-take LOI for Donkin output

NOVA SCOTIA – Morien Resources Corp. of Halifax has signed a letter of intent for a coal off-take agreement for the production of the Donkin coal mine in Cape Breton. A memorandum of understanding has also been signed with an unnamed...

Canadian Mining Journal Staff | November 21, 2013 | 4:09 pm

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