Canadian Mining Journal Staff, Author at Canadian Mining Journal

COST CUTS: IamGold seeks $100 million savings

TORONTO – IamGold says it has begun a program to reduce annual spending by US$100 million. Costs will be cut at operating mines, exploration projects, and across-the-board corporate and administrative venues.

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

TUNGSTEN: NATungsten considers tails retreatment

NORTHWEST TERRITORIES – North American Tungsten of Vancouver is testing material from tailings pond No.3 hoping that it can be economically retreated. The company completed a sonic drilling and modeling program of the material in 2011 and...

Canadian Mining Journal Staff | March 4, 2013 | 4:09 pm

GOLD: BCGold signs deal to develop and operate Engineer mine

BRITISH COLUMBIA - Vancouver-based BCGold Corp. has signed a letter of intent with Solid Holdings whereby Solid will finance and build a minimum 30-t/d mine, mill and gold refining operation at the historic Engineer gold mine 32 km west of...

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

TAKEOVER: Hecla agrees to pay $796M for Aurizon

VANCOUVER – Hecla Mining Company of Coeur d'Alene, ID, has signed an agreement to acquire Aurizon Mines in a deal worth C$796 million. Aurizon shareholders may choose to receive either $4.75 per share or 0.9953 of a Hecla share or a...

Canadian Mining Journal Staff | March 4, 2013 | 4:05 pm

SOFTWARE: Gemcom adds new modules to Surpac 6.4

VANCOUVER – The latest version of the Surpac geology and mine planning software has been released by the developer, Gemcom. Surpac 6.4 provides features designed to save time and increase efficiency, including new quick planes...

Canadian Mining Journal Staff | March 4, 2013 | 4:04 pm

Finland the No.1 spot for mining, Fraser Institute says

Finland took the heavyweight title as the world’s best mining jurisdiction, outstripping last year’s winner, New Brunswick, which slipped to fourth, behind Sweden and Alberta, the Fraser Institute reports in its annual mining survey.

Canadian Mining Journal Staff | March 4, 2013 | 4:02 pm

COMMENT: A matter of size

Seabridge Gold of Toronto has big, big plans for its KSM project 65 km northwest of Stewart, BC. According to last year's prefeasibility study the property contains 38.2 million oz of gold. 9.9 billion lb of copper, 191 million oz of silver,...

Canadian Mining Journal Staff | February 28, 2013 | 4:13 pm

GOLD-COPPER: Fjordland, Serengeti consolidate properties to create “Milligan West”

BRITISH COLUMBIA – Fjordland Exploration and Serengeti Resources have consolidated their adjoining Milligan South (100% Fjordland) and Mil (65% Serengeti and 35% Fjordland) into a single 50:50 joint venture to be known as Milligan West....

Canadian Mining Journal Staff | February 28, 2013 | 4:12 pm

MINING PEOPLE: Canada Lithium, Coalspur, Exeter, Goldcorp, and Mahdia Gold

As the Quebec Lithium mine and mill owned by Canada Lithium Corp. of Toronto nears commercial production, the company has made changes to its executive. Peter Secker will retain the title of CEO and add the duties of deputy chairman to his...

Canadian Mining Journal Staff | February 28, 2013 | 4:08 pm

Silvercrest continues to beef up Santa Elena

Three important bits of information came out of Silvercrest Mines latest drill results from its Santa Elena project in Mexico.

Canadian Mining Journal Staff | February 28, 2013 | 4:06 pm

GOLD: Wesdome makes new discovery near Kiena mine

QUEBEC – Wesdome Gold Mines of Toronto has discovered a new gold occurrence near its Kiena gold mine in Val d'Or. The discovery was made 1.4 km northwest of the mine, and just north of the tailings pond. The mineralization has been traced...

Canadian Mining Journal Staff | February 27, 2013 | 4:23 pm

GOLD: Golden Band suspends mining at Komis

SASKATCHEWAN – The new board of Golden Band Resources in Saskatoon have temporarily halted mining of the Komis deposit in the La Ronge Gold Belt while the company's operations and alternatives are reviewed. It is the directors' stated...

Canadian Mining Journal Staff | February 27, 2013 | 4:20 pm

MANGANESE: American Manganese to be granted US patent

VANCOUVER – American Manganese says that as soon as the final paperwork is done and fees paid, the US Patent and Trade Mark Office will grant it protection for its breakthrough electrolytic manganese recovery process. The...

Canadian Mining Journal Staff | February 27, 2013 | 4:19 pm

NEW BRANCH: Strongco buys land in Saint-Augustin

QUEBEC – Strongco Corporation of Mississauga, ON, has completed the purchase of eight acres of land that will be used to build its new branch in Saint-Augustin-de-Desmaures, QC, to improve our presence in the Quebec City region.

Canadian Mining Journal Staff | February 27, 2013 | 4:16 pm

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