Canadian Mining Journal Staff, Author at Canadian Mining Journal

El Chanate write-down surprises AuRico shareholders

Despite a $127 million write-down of the El Chanate mine in Sonora, Mexico, Canaccord Genuity analyst Rahul Paul says he isn't changing his investment thesis on AuRico Gold (AUQ-T, AUQ-N) and is maintaining his US$11 price target on the stock....

Canadian Mining Journal Staff | April 1, 2013 | 4:09 pm

OIL SANDS: Suncor drops Voyageur upgrader

ALBERTA – Word has come down from Suncor's head office in Calgary that the company will not be proceeding with the $1-billion Voyageur upgrader project.

Canadian Mining Journal Staff | March 28, 2013 | 3:58 pm

LABOUR: USW, Vale ink new collective agreement

ONTARIO – The members of USW Local 2020-05 have ratified a new four-year collective agreement with Vale at its Sudbury operations. The agreement comes into effect on April 1, 2013.

Canadian Mining Journal Staff | March 28, 2013 | 3:53 pm

STUDY: Pipeline of new mining projects drying up

HALIFAX – SNL Metals Economics Group has published its latest pipeline activity index for the mining industry, and the outlook is far from rosy. The PAI reached a three-year low in February. Equally alarming is that it declined 43% since...

Canadian Mining Journal Staff | March 28, 2013 | 3:47 pm

MINING PEOPLE IN THE NEWS: Astur Gold, Aegean Metals, Lucara, and San Gold

Greenpeace co-founder Dr. Patrick Moore has become a director of Vancouver-based Astur Gold. The company is in the permitting stage of an underground mine at the Salave gold project in northern Spain. Moore has been a leader in the field of...

Canadian Mining Journal Staff | March 28, 2013 | 3:44 pm

BOOK: Redpath – the First Half-Century 1962-2012

NORTH BAY, Ontario - To commemorate its 50th anniversary in 2012, the Redpath Group commissioned a book to share its story of becoming a truly global mine contracting and engineering firm. Several years in the making, the result is a large and...

Canadian Mining Journal Staff | March 28, 2013 | 3:40 pm

Patterson Lake discovery triggers junior uranium frenzy

VANCOUVER — Nothing draws Canadian explorers quite like an emerging mineral discovery that looks to have district scale potential, and that is proving to be the case with Fission Energy (FIS-V) and Alpha Minerals (AMW-V) Patterson Lake...

Canadian Mining Journal Staff | March 28, 2013 | 3:34 pm

GOLD-COPPER-ZINC: Hudbay declares commercial production at Lalor

MANITOBA – Hudbay Minerals of Toronto has declared the first phase of commercial production at its Lalor gold-copper-zinc mine near Snow Lake. Starting next month, Lalor output is expected to contribute positively to the company's bottom...

Canadian Mining Journal Staff | March 27, 2013 | 4:12 pm

COPPER: New numbers for Foran’s McIlvenna Bay

SASKATCHEWAN – Mineral resources are growing at the McIlvenna Bay copper-zinc deposit at Hanson Lake, 60 km west of Flin Flon, MB. Owner Foran Mining Corp. of Vancouver says the indicated tonnage is up 15% and the inferred category up 18%.

Canadian Mining Journal Staff | March 27, 2013 | 4:11 pm

DIAMONDS: Dominion completes sale of Harry Winston brand

TORONTO - Dominion Diamond Corp. has completed the previously announced sale of its luxury brand diamond jewelry and timepiece division, Harry Winston, to The Swatch Group Ltd.

Canadian Mining Journal Staff | March 27, 2013 | 4:08 pm

COAL: Coalspur and CN sign transport deal

ALBERTA – Coalspur Mines of Calgary and CN have signed an agreement for the transportation of thermal coal from Coalspur's Vista project near Hinton to Ridley Terminals on the Pacific coast. The agreement is for seven years beginning on...

Canadian Mining Journal Staff | March 27, 2013 | 4:07 pm

OIL SANDS: Suncor spill halted

ALBERTA – Industrial wastewater from a pipe that froze and broke at the Suncor oil sands project near Fort McMurray may have reached the Athabasca River. The leak was detected early on March 25, and it was stopped by 4 pm the same...

Canadian Mining Journal Staff | March 27, 2013 | 4:03 pm

Argonaut’s commitment to cost control drives success

VANCOUVER — As many gold producers are plagued by rising operating costs and shrinking profit margins, Reno-based producer Argonaut Gold (AR-T) has proven to be an exception to the norm. Though the company boosted year-on-year gold...

Canadian Mining Journal Staff | March 27, 2013 | 4:01 pm

COMMENT: MAC, AMQ decry proposed Quebec mining taxes

Quebec's reputation as one of the best places to explore for and mine minerals has taken a beating recently. From 2007 to 2010 the Fraser Institute ranked it as the best jurisdiction, but it slipped to fourth in 2011 to fifth in 2012.

Canadian Mining Journal Staff | March 26, 2013 | 4:22 pm

First

Last

Canadian Mining Journal Staff

Posts by Canadian Mining Journal Staff: