Canadian Mining Journal Staff, Author at Canadian Mining Journal

Frank Holmes: The backdrop for gold hasn’t changed

Mining Markets spoke with Frank Holmes, CEO and chief investment officer of US Global Investors late last week about the prospects for gold, which started out the year around US$1,700 per oz and was at US$1,282.80 on Tuesday afternoon.

Canadian Mining Journal Staff | October 16, 2013 | 4:10 pm

DIAMONDS: Dominion recovers 2.4M carats from Diavik, Ekati in Q3

NORTHWEST TERRITORIES – Dominion Diamond Corp. of Toronto says quarterly results are strong from both the Diavik and Ekati diamond mines near Lac de Gras. Together the mines produced 2.4 million ct of diamonds during in the third calendar...

Canadian Mining Journal Staff | October 15, 2013 | 4:05 pm

NICKEL-IRON: Ferronickel produced from Decar awaruite concentrate

BRITISH COLUMBIA – Vancouver-based First Point Minerals Corp. says lab scale tests have successfully produced high grade ferronickel from awaruite (nickel-iron alloy) concentrate from the company's 40% owned Decar project. The property,...

Canadian Mining Journal Staff | October 15, 2013 | 4:04 pm

COPPER: Capstone completes purchase of Pinto Valley operations

ARIZONA – Capstone Mining Corp. of Vancouver has completed the acquisition of the Pinto Valley copper mine 125 km east of Phoenix from a subsidiary of BHP Billiton. The associated San Manuel Arizona Railroad is included in the US$650...

Canadian Mining Journal Staff | October 15, 2013 | 4:02 pm

Integra looks to add its name to Val d’Or lore

Integra Gold's (TSXV: ICG) formula for getting through the current tough patch in the mining market is about as straightforward as it gets. The Vancouver-based company is keeping things simple with a singular focus: drive its high grade Lamaque...

Canadian Mining Journal Staff | October 15, 2013 | 3:58 pm

COMMENT: Jupiter and Saturn could be diamond-rich

If what astronomers are speculating is true, I'll pass on the trip to Mars and go directly to Jupiter where liquid diamonds may rain down from the sky.

Canadian Mining Journal Staff | October 10, 2013 | 4:13 pm

GOLD: Kinross opens high grade Dvoinoye mine in Russia

RUSSIA – Kinross Gold of Toronto has declared commercial production at its high grade Dvoinoye gold mine in the Chukotka region. The new mine is 100 km north of the company's Kupol gold mine, and the Dvoinoye ore will be treated at the...

Canadian Mining Journal Staff | October 10, 2013 | 4:11 pm

MINING PEOPLE: Altitude Resources, Avrupa Minerals, Mosaic, Orbite, and Thompson Creek

Altitude Resources of Calgary has named Gene Wusaty its new president and CEO, effective Nov. 1, 2013. He is currently the chairman of the company and recently he was managing director and CEO of Coalspur Mines. He has also been COO at...

Canadian Mining Journal Staff | October 10, 2013 | 4:09 pm

MUSEUM: PapaBravo donates original electric mining vehicle prototype

SASKATOON – In 2010, PapaBravo Innovation’s original prototype electric vehicle, the Gofer-EV, exceeded everyone’s expectations when tested both above and below ground. It didn’t take long until the side project became...

Canadian Mining Journal Staff | October 10, 2013 | 4:07 pm

PwC gold study charts new ground

A study on the direct economic impact of gold commissioned by the World Gold Council, collates for the first time all the available evidence of the precious metal’s direct economic and fiscal contribution, author PriceWaterhouseCoopers...

Canadian Mining Journal Staff | October 10, 2013 | 4:05 pm

DIAMONDS: Kennady to raise $7M for Kennady North exploration

NORTHWEST TERRITORIES – Kennady Diamonds of Toronto is raising at least $7 million for continuing exploration at its Kennady North property near Snap Lake and adjacent to the Gahcho Kué project of De Beers and Mountain Province.

Canadian Mining Journal Staff | October 9, 2013 | 4:14 pm

GOLD: Mill expansion done, Lake Shore reports solid Q3

ONTARIO – Toronto-based Lake Shore Gold Corp. has completed the 50% expansion of its Bell Creek mill near Timmins, setting a record output of 12,800 oz in September at a daily average of 3,370 tonnes of ore. That puts the company on track...

Canadian Mining Journal Staff | October 9, 2013 | 4:11 pm

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