[Update] Seabridge expects a ‘big year’ at KSM
CEO Rudi Fronk says 2014 should be a ‘big year’ for Seabridge Gold’s (TSX: SEA; NYSE: SA) KSM gold-copper project in northwestern British Columbia.
Canadian Mining Journal Staff
Posts by Canadian Mining Journal Staff:
COMMENT: Prairie Creek nears next chapter, successful development
NORTHWEST TERRITORIES – The Prairie Creek mine has weathered every sort of bad luck known to the mining industry – low metal prices, greed, market collapse, and long, long, long lead times. A project that has spent decades not quite...
MERGER: Osisko board recommends rejection of Goldcorp bid
MONTREAL – The directors of Osisko Mining Corp. have unanimously recommended that its shareholders reject the "opportunistic hostile" takeover bid made last week by Goldcorp.
EXPLORATION: Ten largest budgets totaled US$7.8B in 2013
NEW YORK CITY – The countries with the top 10 exploration budgets in 2013 attracted a total of US$7.8 billion for all stages of gold, base metals, platinum group metals and uranium exploration, according to SNL Metals & Mining's...
PUMPS: GIW expands service centre in Fort McMurray
FORT McMURRAY, Alberta – GIW Industries, a leading designer and manufacturer of heavy duty centrifugal slurry pumps, has expanded its Regen service centre to better meet the growing needs of the oil sands industry. Construction of the...
CASE: Pelican ProGear protects iPad tablet
EDMONTON – Pelican Products now offers the Pelican ProGear™ Vault series of cases to protect the iPad Air, iPad mini with retina display, and the iPad mini.
BC Liberals reaffirm province’s ‘mine-friendly’ image
VANCOUVER — It has been over two years since Christy Clark and the B.C. Liberals outlined a plan to position the province as a national leader in job creation by 2015.
CRS: Mining industry moves toward payment transparency
OTTAWA and TORONTO – The Canadian mining industry is moving toward a greater payment transparency standard for all publicly traded miners in Canada. The recommendations have been launched to provide Canada's federal government, provinces,...
MINING ACT: Changes now in effect in Quebec
QUEBEC – Changes to the Quebec Mining Act have come into force in the province, thanks to Bill 70. The bill was adopted on Dec. 9, 2013, the fourth attempt to amend and modernize Quebec's mining legislation. The bulk of the amendments are...
GOLD: New Gold offers Rainy River feasibility
ONTARIO – The updated feasibility study from the Rainy River gold project, owned by New Gold of Vancouver, indicates that it could produce 325,000 oz of gold annually for nine years at total cash costs of $613/oz and all-in sustaining...
DIAMONDS: Peregrine says final CH-6 bulk sample grades 2.87 ct/tonne
NUNAVUT – Peregrine Diamonds of Vancouver puts the average grade of the last bulk sample batch from the CH-6 kimberlite pipe to be 2.87 ct/tonne. An 8.87 ct white-colourless octahedron was one of four diamonds over 4 ct recovered from the...
MINING PEOPLE: Canarc, Rambler and Tesoro
Canarc Resource Corp. of Vancouver has appointed a new CEO, Catalin Chiloflischi. He is an economist with 20 years of experience in Canada, the United States, Europe and Asia. He is a graduate of the Academy of Economic Studies in Bucharest,...
MP Materials accuses USA Rare Earth of magnet tech theft
MP Materials (NYSE: MP) has issued a lawsuit against USA Rare Earth (NASDAQ: USAR) alleging that its rare earth mining rival stole […]