Kirkland Lake Gold unveils new three-year plan
A new three-year mine plan for fiscal years 2015-17 has Kirkland Lake Gold (TSX: KGI) focusing on grade over tonnage and margin over production.
Canadian Mining Journal Staff
Posts by Canadian Mining Journal Staff:
URANIUM: Paladin Energy updates Michelin resource
LABRADOR – Paladin Energy of Perth, Western Australia, has updated the resource numbers at the Michelin uranium deposit 140 km north of Goose Bay. The open pit portion of the deposit is now estimated to contain 12.62 million measured and...
WEEKEND TO END WOMEN’S CANCERS
TORONTO – On Sept. 6 and 7, 2014, a handful of women representing the Women in Mining Toronto network will walk 60 km in the Weekend to End Women's Cancers, benefitting The Princess Margaret Cancer Centre, one of the top five cancer...
GOLD: Yamana prices $500M of 10-year notes
TORONTO – Yamana Gold has priced an offering of US$500 million, 10-year unsecured senior notes at 4.95%. The offering is expected to close on July 30, 2014, and the notes are due July 15, 2024.
MINING PEOPLE: Blackheath, Pure Gold, and Tantalex
The new president of Vancouver-based Blackheath Resources is Alexander Langer. He was formerly VP of corporate development.
GOLD: Endeavour mucks first production stope at Segala mine
MALI – Endeavour Mining Corp. of Vancouver has begun production from its Segala underground gold mine on schedule. The first ore was mucked on June 22, 2014. The company will ramp up the volume of underground ore in the coming months to...
PGM: NovX21 selects Thetford Mines for recycling plant
QUEBEC –NovX21 Inc. has signed an agreement with Thetford Mines to build the province's first precious metals recycling plant in that city. The facility will be set up in an existing building in the industrial park, eventually to become a...
Parliamentary committee reviews Canada’s REE potential
VANCOUVER — Seven months ago the House of Commons Standing Committee on Natural Resources began a study on Canada's rare earth elements (REE) potential, which involved consultation with industry participants on the role of the federal...
GOLD-COPPER: Seabridge raises $12M for KSM drilling
TORONTO – Seabridge Gold, sole owner of the KSM gold-copper project near Stewart, BC, has arranged a bought deal financing in the amount of $12 million. A syndicate of underwriters led by Canaccord Genuity has agreed to purchase 1.0...
GRAPHITE: Lac Knife feasibility encourages Focus
QUEBEC – Focus Graphite of Ottawa has released the feasibility study for its Lac Knife graphite project 27 km southwest of Fermont. Prepared by Met-Chem Canada, the study examined a 25-year open pit and concentrator with an after tax net...
GOLD: Core at former Pickel Crow assays 878 g/t
ONTARIO – Bonanza grades and perhaps the understatement of the week come from Toronto-based PC Gold. The company says drill core from the former Pickle Crow gold mine assayed 878.69 g/t over 0.90 metres – that's more than 25.5 opt...
GRAPHITE: Northern considers bigger plant for Bissett Creek
ONTARIO – Northern Graphite Corp. of Ottawa is considering a concentrator twice the size of the one recommended in the feasibility study for the Bissett Creek graphite project, located between Ottawa and North Bay. As now contemplated,...
MP Materials accuses USA Rare Earth of magnet tech theft
MP Materials (NYSE: MP) has issued a lawsuit against USA Rare Earth (NASDAQ: USAR) alleging that its rare earth mining rival stole […]