Canadian Mining Journal Staff, Author at Canadian Mining Journal

NAME CHANGE: Xstrata Canada becomes Glencore Canada

TORONTO – Glencore Xstrata plc subsidiary, Xstrata Canada Corp., announced that effective July 30, 2013, it has changed its name to Glencore Canada Corporation.

Canadian Mining Journal Staff | July 30, 2013 | 4:44 pm

AWARD: Nevada Mining Assoc. recognizes Scorpio Gold’s safety record

NEVADA – The Mineral Ridge gold mine belonging to Scorpio Gold Corp. of Vancouver is the second place winner in the small surface mines category awarded by the Nevada Mining Association. Newmont Mining's Lone Tree operation took first...

Canadian Mining Journal Staff | July 30, 2013 | 4:42 pm

MINING PEOPLE: Banks Island Gold, Lincoln Mining, and Sherritt

Wolf Nickel is the new chairman of Vancouver-based Banks Island Gold. He retired from a 35-year career at Teck and Cominco, most recently as president and general manager of Highland Valley Copper. Nickel is also a director of Candente Copper.

Canadian Mining Journal Staff | July 30, 2013 | 4:41 pm

Turquoise Hill sinks on Oyu Tolgoi delay

Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) plunged nearly 20% after the miner’s parent company Rio Tinto (LSX: RIO; NYSE: RIO) said it has halted underground work at the Oyu Tolgoi mine until the Mongolian parliament approves the...

Canadian Mining Journal Staff | July 30, 2013 | 4:39 pm

GOLD: Moss Lake PEA posits $440 million cash flow

ONTARIO – Moss Lake Gold Mines of Toronto says the preliminary economic analysis of its Moss Lake gold property 100 km west of Thunder Bay point toward a project that will have an after tax cash flow of $440 million during a 10-year mine...

Canadian Mining Journal Staff | July 29, 2013 | 4:25 pm

RARE EARTHS: Nechalacho plans get environmental nod

NORTHWEST TERRITORIES – The Mackenzie Valley Environmental Impact Review Board recommends that the Nechalacho rare earths project near Thor Lake be approved. The project belongs to Avalon Rare Metals of Toronto.

Canadian Mining Journal Staff | July 29, 2013 | 4:23 pm

AWARD: Durango salutes Avino safety record

MEXICO – Avino Silver and Gold Mines of Vancouver has been recognized for its outstanding efforts to improve safety conditions for workers and employees as well as its contributions to local communities in Durango where it operates a...

Canadian Mining Journal Staff | July 29, 2013 | 4:21 pm

CASES: Pelican introduces off-road models

EDMONTON – Pelican Products, specializing in the design and manufacture of high performance protective case solutions and advanced portable lighting systems, has introduced a multi-terrain mobility configuration for four of its most...

Canadian Mining Journal Staff | July 29, 2013 | 4:19 pm

Goldcorp posts US$1.9B net loss in Q2

Goldcorp (TSX: G; NYSE:GG), the largest gold miner by market value, showed it’s not immune to the falling gold price.

Canadian Mining Journal Staff | July 29, 2013 | 4:17 pm

MERGER: New Gold extends offer for Rainy River

TORONTO – With 86.2% of the outstanding Rainy River Resources shares pledged to its offer, New Gold extending its offer for all Rainy River shares to 5 pm, Aug. 8, 2013.

Canadian Mining Journal Staff | July 25, 2013 | 4:27 pm

TAXES: New book from EY to help mining companies navigate the Canadian tax system

TORONTO - Ernst & Young's Guide to the Taxation of Mining Operations is an easy-to-use reference guide designed to assist Canadian mining businesses in interpreting and applying the rules under the federal Income Tax Act, as well as under...

Canadian Mining Journal Staff | July 25, 2013 | 4:24 pm

MINING PEOPLE: Kirkland Lake Gold

Based in the Ontario city of the same name, Kirkland Lake Gold has named Claude Lemasson as lead non-executive director. He is a former general manager of Goldcorp's Red Lake operation and a graduate of the Kellogg-Schulich EMBA program. His 25...

Canadian Mining Journal Staff | July 25, 2013 | 4:22 pm

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