Canadian Mining Journal Staff, Author at Canadian Mining Journal

North American Palladium disappoints and gets punished

North American Palladium failed to impress with its latest quarterly results and, given the prevailing bearish sentiment towards mining stocks, the company felt the full weight of the market’s disappointment.

Canadian Mining Journal Staff | May 8, 2013 | 3:34 pm

COMMENT: PQ piles taxes on Quebec miners

As promised in the last provincial election, the Partie Québécoise has slapped new taxes on Quebec's mining industry. Beginning in 2014 producers will pay either a royalty or a graduated tax on the company's profit margin...

Canadian Mining Journal Staff | May 7, 2013 | 4:23 pm

IRON ORE: Century files PEA for Duncan Lake

QUEBEC – Century Iron Mines of Toronto has filed the preliminary economic assessment for the Duncan Lake iron project in the James Bay region, 570 km north of Matagami. The report was prepared by Met-Chem for partners Century (65%) and...

Canadian Mining Journal Staff | May 7, 2013 | 4:21 pm

AWARD: Britannia Mine Museum shares MABC award

BRITISH COLUMBIA - The Britannia Mine Museum and Sechelt Lehigh Materials are co-recipients of the 2012 Mining and Sustainability Award.

Canadian Mining Journal Staff | May 7, 2013 | 4:17 pm

AWARDS: CIM announces winners at gala

TORONTO – On the evening of May 6 at the 2013 CIM Awards Gala, the Canadian Institute of Mining, Metallurgy and Petroleum honoured dozens of its members, recognizing many of the mining industry's best and brightest.

Canadian Mining Journal Staff | May 7, 2013 | 4:15 pm

Lac Lamle off to a good start

Fancamp Exploration’s (FNC-V) first resource estimate on its Lac Lamêlée South iron project in the Fermont mining district of Quebec has outlined 520 million tonnes grading 39.5% Fe at a 22% Fe cut-off grade – about...

Canadian Mining Journal Staff | May 7, 2013 | 4:12 pm

GOLD: Gowest to test mine Frankfield East

ONTARIO – Toronto-based junior Gowest Gold has announced plans to test mine the Frankfield East gold deposit next year. The deposit is part of the company's North Timmins project 50 km northeast of Timmins.

Canadian Mining Journal Staff | May 6, 2013 | 4:24 pm

GOLD: Maudore updates Vezza numbers

QUEBEC – Maudore Minerals of Montreal has updated the resource estimate for the Vezza gold project 25 km south of Matagami. The property was recently purchased from North American Palladium when that company divested all its gold...

Canadian Mining Journal Staff | May 6, 2013 | 4:22 pm

GOLD: Initial estimate for Farley Lake points toward 1-M oz

MANITOBA – Carlisle Goldfields of Toronto has released the initial resource estimate for the Farley Lake gold project, saying there may be over 1.0 million oz of contained gold in the indicated and inferred categories. The property is...

Canadian Mining Journal Staff | May 6, 2013 | 4:20 pm

IRON ORE: Worley Parsons wins Kami EPCM

LABRADOR – Alderon Iron Ore Corp. of Vancouver has awarded the engineering, procurement and construction management contract for its Kami iron ore project near Wabush to Worley Parsons Canada. The contract is estimated to be worth $92.5...

Canadian Mining Journal Staff | May 6, 2013 | 4:18 pm

Glencore Xstrata to focus on fiscal discipline, portfolio

VANCOUVER — It was not always a smooth transition, but roughly 12 months after the announcement Glencore International has solidified a US$29-billion takeover bid for Xstrata, with the merged company trading as Glencore Xstrata (GLEN-L)...

Canadian Mining Journal Staff | May 6, 2013 | 4:16 pm

FINANCE: Barrick Gold completes sales of $3-B securities

TORONTO – Just three days after they were offered, the sale of $3 billion (all US dollars) worth of debt securities offered by Barrick Gold has been completed. The securities included $650 million of 2.50% notes due in 2018, $1.5 billion...

Canadian Mining Journal Staff | May 2, 2013 | 4:21 pm

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