Canadian Mining Journal Staff, Author at Canadian Mining Journal

CELEBRATION: Atlas Copco’s 140 years of excellence

MONTREAL – It was 140 years ago Feb. 21, 2013, that Sweden's Atlas Copco began its life as one of the world's leading industrial companies. Today it is active in more than 180 countries, including Canada.

Canadian Mining Journal Staff | February 21, 2013 | 4:05 pm

Victoria moves closer to Eagle Gold construction

Victoria Gold’s goal of turning its Eagle Gold project into the Yukon’s next gold mine moved closer to realization.

Canadian Mining Journal Staff | February 21, 2013 | 4:02 pm

COMMENT: AME BC lauds provincial budget

When BC Finance Minister Michael de Jong brought down the British Columbia budget on Feb. 19, there was a significant amount of good news. A balanced budget is hard to dislike. And some of the initiatives were praised by the Association for...

Canadian Mining Journal Staff | February 20, 2013 | 4:32 pm

GOLD-COPPER: Northern Freegold studies PEA with $615-M NPV and 23% IRR

YUKON – Vancouver's Northern Freegold Resources is examining the preliminary economic assessment for the Nucleus and Revenue deposits at the Freegold Mountain gold-copper project 70 km northwest of Carmacks. The report, prepared by...

Canadian Mining Journal Staff | February 20, 2013 | 4:29 pm

GOLD-COPPER: Good grades confirmed at Willa property

BRITISH COLUMBIA – Discovery Ventures of Vancouver has updated the historical resources to 43-101-compliant for the optioned Willa gold-copper property in the Slocan Mining Division near Silverton. The new estimate was completed by Micon...

Canadian Mining Journal Staff | February 20, 2013 | 4:26 pm

Inmet boosts copper reserves as First Quantum bid looms

VANCOUVER — As its future hangs in the balance, Canadian base metals producer Inmet Mining continued to increase its value via a global resource update on Feb. 11, which was highlighted by a 22% jump in proven and probable copper reserves.

Canadian Mining Journal Staff | February 20, 2013 | 4:24 pm

GOLD: Detour pours first gold bars

ONTARIO – After spending $1.5 billion on development costs, Detour Gold Corp. of Toronto poured the first four gold bars from its Detour Lake mine 185 km northeast of Cochrane on Feb. 18, 2013.

Canadian Mining Journal Staff | February 19, 2013 | 4:14 pm

PALLADIUM: NAP files pre-feasibility on Offset zone at Lac des Iles

ONTARIO – Toronto-based North American Palladium (NAP) has filed a prefeasibility study and mineral reserve estimate for phase one development of the Offset zone at its Lac des Iles palladium mine 85 km northwest of Thunder Bay. Proven...

Canadian Mining Journal Staff | February 19, 2013 | 4:12 pm

GOLD: New review puts brakes on Golden Predator’s Brewery Creek project

YUKON – Golden Predator Corp. of Vancouver has issued a joint news release with Tr'ondek Hwech'in (TH) decrying the decision of the Yukon Environment & Socio Economic Assessment Board's decision that the YESAB executive committee...

Canadian Mining Journal Staff | February 19, 2013 | 4:10 pm

GOLD: Osisko updates reserves at Canadian Malartic

QUEBEC – Osisko Mining Corp. of Montreal has updated the reserve numbers at its Canadian Malartic mine 25 km west of Val d'Or as of Jan. 1, 2013.

Canadian Mining Journal Staff | February 19, 2013 | 4:09 pm

Goldcorp keeps its shine through tough gold markets

VANCOUVER — Though it was not all good news for Vancouver-based major Goldcorp, the company can rest easy on a strong fourth quarter that beat analyst's estimates and set production records.

Canadian Mining Journal Staff | February 19, 2013 | 4:07 pm

GOLD: Agnico-Eagle records record 2012 production

TORONTO – Agnico-Eagle Mines has wrapped up the fourth quarter and 2012 year with record annual production and operating cash flows. Gold production was 1.04 million oz at total cash costs of US$640/oz, compared with 1.03 million oz...

Canadian Mining Journal Staff | February 14, 2013 | 4:04 pm

GOLD: Barrick takes $3-B loss in fourth quarter

TORONTO – Barrick Gold Corp. reported a net loss of US$3.06 billion, including a US$4.2-billion after tax impairment charge related to its copper business, in Q4 2012. For the full year, the world's largest gold miner had a net loss...

Canadian Mining Journal Staff | February 14, 2013 | 4:02 pm

MANGANESE: Partners drill 11.25% Mn at Woodstock

NEW BRUNSWICK – Buchans Minerals Corp. of Windsor, NS, and Minco plc have received initial drilling results – including 11.25% Mn over 113.85 metres – from their Woodstock manganese project near the town of the same name.

Canadian Mining Journal Staff | February 14, 2013 | 4:00 pm

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