Canadian Mining Journal Staff

GOLD: Eight consecutive quarterly records during Young-Davidson ramp-up

ONTARIO – AuRico Gold of Toronto reports that as its Young-Davidson gold mine continues to ramp-up 60 km west of Kirkland Lake produced a record 40,166 oz of gold during Q2 2014 – the consecutive eighth quarter that the mine has...

Canadian Mining Journal Staff | August 11, 2014 | 4:20 pm

GOLD: New mining strategy pays off at Kirkland Lake

ONTARIO – A new mine strategy is paying off for Kirkland Lake Gold of the town of the same name. Since January 2014 when the expansion projects were completed, the average head grade has risen by 22% to 15.4 g/t Au from 10.6 g/t. A key...

Canadian Mining Journal Staff | August 11, 2014 | 4:19 pm

MINING PEOPLE: Gary Halverson ousted from Cliffs

CLEVELAND, Ohio – Sudbury native Gary Halverson has been removed as president and CEO of Cliffs Natural Resources. The move comes following a rancorous proxy battle won by New York hedge fund Casablanca Capital at the end of July 2014.

Canadian Mining Journal Staff | August 11, 2014 | 4:16 pm

GOLD -SILVER: Santa Elena mill commissioned

MEXICO – Vancouver's SilverCrest Mines has successfully commissioned the new 3,000-t/d Merrill Crowe mill at its Santa Elena gold-silver mine 150 km northeast of Hermosillo. The mine is transitioning from and open pit and heap leach...

Canadian Mining Journal Staff | August 11, 2014 | 4:11 pm

Primero to expand San Dimas

Primero Mining (TSX: P; PPP: NYSE) has given the green light to an expansion of its San Dimas gold-silver mine in Durango, Mexico, a move that will increase production by 25% at a cost of only $26.4 million.

Canadian Mining Journal Staff | August 11, 2014 | 4:10 pm

URANIUM: High assays from Patterson Lake area for Fusion and NexGen

SASKATCHEWAN – Both Fission Uranium of Kelowna, BC, and NexGen Energy of Vancouver are keen on finding minable uranium deposit on the southwestern edge of the Athabasca Basin near Patterson Lake. And both are being rewarded with high...

Canadian Mining Journal Staff | August 7, 2014 | 4:11 pm

COPPER-ZINC: Beaufield updates 43-101 for Tortigny deposit

QUEBEC – Beaufield Resources of Montreal has filed an updated 43-101 report for its wholly owned Tortigny polymetallic project 150 km north of Chibougamau. The project is in the advanced stage of exploration.

Canadian Mining Journal Staff | August 7, 2014 | 4:10 pm

MINING PEOPLE: Abitibi Royalties and Canadian Platinum

Ian Ball has been named the new president of Abitibi Royalties of Val d'Or, QC. Most recently he was president of McEwen Mining. Abitibi Royalties holds a 2% net smelter royalty on a portion of the Canadian Malartic mine known as the Gouldie...

Canadian Mining Journal Staff | August 7, 2014 | 4:09 pm

SERVICE: Siemens signs deal for gas turbines at Shell’s Carmon Creek project

OAKVILLE, Ontario – Siemens Energy has been awarded a long term agreement to perform service and maintenance for three Siemens (SGT6-5000F) gas turbines that will be installed at Shell Canada's Carmon Creek in situ project currently under...

Canadian Mining Journal Staff | August 7, 2014 | 4:06 pm

Editorial: Mount Polley tailings spill – Imperial’s best not good enough

The complete failure of the tailings dam at Imperial Metals’ Mount Polley copper-gold mine in central BC’s Cariboo region on Aug. 4 is the most depressing thing to have happened in Canadian mining since the Bre-X Minerals debacle in...

Canadian Mining Journal Staff | August 7, 2014 | 4:05 pm

DIAMONDS: Faraday sample grades 5.10 ct/t for Kennady

NORTHWEST TERRITORIES – Kennady Diamonds of Toronto has the diamond recovery results from this year's spring drilling program at the Kennady North project. Approximate 933 kg of kimberlite were processed at the Saskatchewan Resource...

Canadian Mining Journal Staff | August 6, 2014 | 4:15 pm

GOLD: Probe raises $26M for exploration at Borden

ONTARIO – Toronto-based Probe Mines has completed a $26-million flow-through private placement with which to continue exploring its Borden gold property near Chapleau. The company issued 8.4 million flow-through shares priced at $3.10 per...

Canadian Mining Journal Staff | August 6, 2014 | 4:13 pm

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