Canadian Mining Journal Staff

RARE EARTHS: New PEA cuts Strange Lake costs in half

LABRADOR – Toronto-based Quest Rare Minerals has improved the outlook for its Strange Lake rare earths project by cutting the construction costs roughly in half. The new number, $1.321 billion, is 48.5% less than the $2.565 billion number...

Canadian Mining Journal Staff | April 10, 2014 | 4:19 pm

Timmins Gold hits the right notes at San Francisco

VANCOUVER — Mexico-focused producer Timmins Gold (TSX: TMM; NYSE-MKT: TGD) is riding positive momentum to start 2014 as the company continues to exceed analyst expectations and set production records at its San Francisco gold-silver...

Canadian Mining Journal Staff | April 10, 2014 | 4:18 pm

GOLD: Duparquet PFS looks at 158,000 oz/year

QUEBEC – The positive prefeasibility study for the Duparquet gold project 50 km from Rouyn-Noranda is in the hands of owner Clifton Star Resources of Quebec City. The report was prepared by InnovExplo with contributions from Tenova Mining...

Canadian Mining Journal Staff | April 9, 2014 | 4:28 pm

GOLD: Goldeye drills 110 g/t and 113 g/t at Weebigee project

ONTARIO – Goldeye Explorations of Toronto has struck bonanza grades at its Weebigee gold project 227 km north of Red Lake. In the RVG4 zone, hole BH14-17 returned 9.35 g/t over 4.51 metres, including 110 g/t over 0.3 metres and 19.9 g/t...

Canadian Mining Journal Staff | April 9, 2014 | 4:27 pm

AWARD: NWOPA bestows discovery of the year on Sunday Lake platinum find

THUNDER BAY, Ontario – The Northwest Ontario Prospectors Association has awarded the Bernie Schneiders Discovery of the Year Award to Transition Metals and Impala Platinum Holdings for their Sunday Lake platinum discovery. The...

Canadian Mining Journal Staff | April 9, 2014 | 4:24 pm

MINING PEOPLE: Laramide Resources, Laurentian Goldfields, Maple Leaf Resource, and Victory Mountain

Toronto-based Laramide Resources has named Bryn Jones its COO. He will lead the development of the company's Westmoreland uranium project in Australia.

Canadian Mining Journal Staff | April 9, 2014 | 4:21 pm

Tilk to replace Doyle as PotashCorp’s CEO

Potash Corp. of Saskatchewan (TSX: POT; NYSE: POT) recently surprised analysts after revealing that its long time president and CEO Bill Doyle will be replaced in July by mining veteran Jochen Tilk, who has apparently no potash or fertilizer...

Canadian Mining Journal Staff | April 9, 2014 | 4:20 pm

GOLD: Osisko reports record high Q1 production, falling costs

QUEBEC – Osisko Mining Corp. of Montreal has reported record first quarter gold production of 140,029 oz of gold from its Canadian Malartic mine in the town of Malartic.

Canadian Mining Journal Staff | April 8, 2014 | 3:41 pm

RAILROAD: Province to support Ontario Northland

TORONTO – Last week the Ontario government announced that that the Ontario Northland Transportation Commission will stay in public hands. That ended two years of uncertainty for commission employees living in North Bay, ON. The ONTC...

Canadian Mining Journal Staff | April 8, 2014 | 3:38 pm

GOLD: Goliath gives up high grades for Treasury Metals

ONTARIO – Treasury Metals of Toronto continues to drill its Goliath gold project near Dryden, and the work is being rewarded with high grade assays.

Canadian Mining Journal Staff | April 8, 2014 | 3:37 pm

Primero aims to turn around Black Fox

Primero Mining (TSX: P; NYSE: PPP) is using the turnaround strategy that it applied to its San Dimas underground gold-silver mine in Mexico to its recently acquired Black Fox gold mine near Timmins, ON, where it aims for another success story.

Canadian Mining Journal Staff | April 8, 2014 | 3:36 pm

COMMENT: One dead, one injured at Sudbury smelter

An accident at 6:30 pm on April 6 at Vale's Copper Cliff smelter has killed one man and severely injured another while they were working in the casting/crushing plant.

Canadian Mining Journal Staff | April 7, 2014 | 4:14 pm

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