Canadian Mining Journal Staff

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

IRON ORE: Drilling cuts iron-titanium-vanadium zones near Chibougamau

QUEBEC – Chibougamau Independent Mines of Rouyn-Noranda, QC, has drilled two holes at its Mont Sorcier property 17 km east of the town of Chibougamau. Both holes intersected large zones of iron, titanium and vanadium mineralization.

Canadian Mining Journal Staff | December 2, 2013 | 4:03 pm

Slam keeps busy at Menneval

Slam Exploration’s (TSXV: SXL) CEO Mike Taylor, a veteran geologist, had more than a hunch that there should be other gold deposits near Saint Quentin, NB, after local prospector Tim Lavoie discovered a gold project there in mid-2011.

Canadian Mining Journal Staff | December 2, 2013 | 4:00 pm

GOLD: Melkior cuts 34 g/t At Carscallen

ONTARIO – Melkior Resources of Ottawa reports bonanza grades – 34.06 g/t Au over 1.50 metres – from drilling at its Carscallen gold project in Timmins. The assay was among those from six of the 15 holes in the current program.

Canadian Mining Journal Staff | November 28, 2013 | 3:56 pm

ZINC-LEAD: Trevali raises $46.0 million for Caribou restart

NEW BRUNSWICK – Trevali Mining Corp. of Vancouver has closed its bought deal offering of 55.4 million common shares at a price of $0.83 per share, raising $46.0 million to be used to restart the Caribou zinc-lead-copper mine and mill 50...

Canadian Mining Journal Staff | November 28, 2013 | 3:54 pm

URANIUM: Shea Creek drilling continues to return solid results

SASKATCHEWAN – UEX Corporation (49%) of Vancouver and partner Areva Resources Canada (51% and operator) of Saskatoon have the results from two concurrent drill programs conducted this year on the Shea Creek uranium project. The project...

Canadian Mining Journal Staff | November 28, 2013 | 3:52 pm

MINING PEOPLE: Columbus Exploration, Pele Mountain, Rockgate, Ryan Gold, and Savary Gold

Drew Clark is the new senior VP of Vancouver-based Columbus Exploration Corp. (formerly Columbus Silver). Previously, he was head of corporate development at Premier Royalty.

Canadian Mining Journal Staff | November 28, 2013 | 3:49 pm

Editorial: The Cliffs Notes on the Ring of Fire

Dear Ontario, there’s been way too much off base and irresponsible commentary in the province about Cliffs Natural Resources’ decision to shelve its Ring of Fire chromite project. And so, in the spirit of afternoon reality TV and...

Canadian Mining Journal Staff | November 28, 2013 | 3:46 pm

GOLD: Dufferin project fully permitted

NOVA SCOTIA – The Dufferin gold project (near Port Dufferin) is now fully permitted for production, says owner Ressources Appalaches of Rimouski, QC. The company received the final permit, the industrial approval, from the provincial...

Canadian Mining Journal Staff | November 27, 2013 | 4:12 pm

URANIUM: Fission, Alpha expand new R600W zone

SASKATCHEWAN – Partners Fission Uranium of Kelowna, BC, and Alpha Minerals of Vancouver have expanded the R600W zone at the Patterson Lake South joint venture in the Athabasca Basin to a length of 30 metres – and the zone is open in...

Canadian Mining Journal Staff | November 27, 2013 | 4:08 pm

BASE METALS: Geodex takes advantage of NB junior mining assistance

NEW BRUNSWICK – Geodex Minerals, headquartered in Vancouver, has received a grant of $40,000 from the New Brunswick Department of Energy and Mines to help cover the cost of drilling at the company's South Dungarvon tin and Benjamin...

Canadian Mining Journal Staff | November 27, 2013 | 4:04 pm

GOLD: IamGold adding solar power project for Rosebel mine

SURINAM – IamGold Corporation is making plans to build a solar power project to supply its Rosebel gold mine in the Brokopondo district in the northeast part of the country. The project fulfills a commitment to the Surinam government...

Canadian Mining Journal Staff | November 27, 2013 | 4:01 pm

Analysts see quiet copper market in 2014

VANCOUVER – Increasing mine supply, limited demand increase, and concentrate stockpiles in China have analysts predicting a subdued year for copper in 2014.

Canadian Mining Journal Staff | November 27, 2013 | 3:58 pm

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

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