Canadian Mining Journal Staff, Author at Canadian Mining Journal

FOR SALE: Barrick divests energy division, takes $500M loss

TORONTO – Hard hit by the plummeting gold price to say nothing of cost overruns and delays at the Pascua-Lama gold project in Chile and Argentina, Barrick Gold has decided to divest its energy division, Barrick Energy. The company said...

Canadian Mining Journal Staff | July 24, 2013 | 4:09 pm

PROCESSING: Weir Minerals opens larger service, distribution centre for oil sands customers

ALBERTA – Weir Minerals Canada has relocated its service and distribution operation to a new 1,765-m2 facility in the MacKenzie Industrial Park to better serve its oil sands customers. Weir looks forward to increasing its customer...

Canadian Mining Journal Staff | July 24, 2013 | 4:07 pm

Bob Rae talks Ring of Fire with Mining Markets

Talks between First Nations and the Ontario government regarding development in the remote Ring of Fire area are set to start soon, now that both sides have appointed lead negotiators.

Canadian Mining Journal Staff | July 24, 2013 | 4:05 pm

CHROMITE: KWG extends two zones at Koper Lake

ONTARIO – Initial drilling at the Koper Lake project in the Ring of Fire has extended both the Blackbird and Black Horse chromite zones. The project is a joint venture of KWG Resources and Bold Ventures (the operator), both based in...

Canadian Mining Journal Staff | July 23, 2013 | 4:20 pm

DIAMONDS: Renard resources continues to grow with update

QUEBEC – With each update, Stornoway Diamond Corp. of Montreal continues to increase the resources at its Renard diamond project in the Otish Mountains. The indicated resource at what will be the province's first diamond mine is up 14% to...

Canadian Mining Journal Staff | July 23, 2013 | 4:19 pm

GOLD: Banks Island sells Yellow Giant output

BRITISH COLUMBIA – Vancouver's Banks Island Gold has signed an offtake agreement with Metallica Commodities Corp. (MCC) of New York covering the complete production of gold sulphide concentrate from Banks' Yellow Giant mine 120 km south...

Canadian Mining Journal Staff | July 23, 2013 | 4:17 pm

IRON ORE: Black Iron picks up local partner for Ukraine projects

UKRAINE – Black Iron of Vancouver and Metinvest BV, Ukraine's largest mining and steel producer, have signed a deal to jointly develop Black Iron's Shymanivske and Zelenivske iron ore projects in Kryvyi Rih. Metinvest will make an initial...

Canadian Mining Journal Staff | July 23, 2013 | 4:16 pm

Strong Q2 lifts SilverCrest’s production forecast

SilverCrest Mines (TSX-V: SVL) has revised its full year 2013 silver guidance after producing more silver than planned in the second quarter from its flagship Santa Elena silver-gold mine in Sonora, Mexico.

Canadian Mining Journal Staff | July 23, 2013 | 4:14 pm

GOLD-COBALT-BISMUTH: Tlicho, federal government approve NICO mine and mill plans

NORTHWEST TERRITORIES – Fortune Minerals of London, ON, has received approval for its NICO gold-cobalt-bismuth-copper mine and mill from the Tlicho government as well as from the Hon. Bernard Valcourt, federal minister of Aboriginal...

Canadian Mining Journal Staff | July 22, 2013 | 4:11 pm

DIAMONDS: Gahcho Ku environmental plans accepted

NORTHWEST TERRITORIES – The Mackenzie Valley Environmental Impact Review Board has recommended that the Gahcho Kué environmental impact assessment be accepted. The proposed diamond mine 300 km northeast of Yellowknife is a joint...

Canadian Mining Journal Staff | July 22, 2013 | 4:09 pm

HEALTH & SAFETY: Ontario to step up enforcement

Ontario mine operators should be aware that the Ontario Ministry of Labour (MOL) is once again increasing its enforcement of the Occupational Health and Safety Act (Act) in mining operations in July and August 2013 as part of the...

Canadian Mining Journal Staff | July 22, 2013 | 4:07 pm

COAL: Donkin project gets go-ahead

NOVA SCOTIA – The Donkin coal project has received a positive decision from Nova Scotia's minister of environment, Hon. Sterling Beliveau. Federal approval was announced a week ago, and 25% partner Morien Resources Corp. of Halifax says...

Canadian Mining Journal Staff | July 22, 2013 | 4:05 pm

Combined equity-royalty deal gives True Gold $23.5 million

VANCOUVER – Money may be tight in the mining markets right now, but True Gold Mining (TSXV: TGM) is demonstrating that there is funding available for companies with advanced projects that are willing to be a bit creative.

Canadian Mining Journal Staff | July 22, 2013 | 4:03 pm

COMMENT: Where’s the gold coming from?

Knowing that the gold on this planet came from colliding stars may not shift the price upward, but it could make for interesting talk around the water cooler.

Canadian Mining Journal Staff | July 18, 2013 | 4:27 pm

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