Canadian Mining Journal Staff

BASE METALS: Geodex takes advantage of NB junior mining assistance

NEW BRUNSWICK – Geodex Minerals, headquartered in Vancouver, has received a grant of $40,000 from the New Brunswick Department of Energy and Mines to help cover the cost of drilling at the company's South Dungarvon tin and Benjamin...

Canadian Mining Journal Staff | November 27, 2013 | 4:04 pm

GOLD: IamGold adding solar power project for Rosebel mine

SURINAM – IamGold Corporation is making plans to build a solar power project to supply its Rosebel gold mine in the Brokopondo district in the northeast part of the country. The project fulfills a commitment to the Surinam government...

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

Analysts see quiet copper market in 2014

VANCOUVER – Increasing mine supply, limited demand increase, and concentrate stockpiles in China have analysts predicting a subdued year for copper in 2014.

Canadian Mining Journal Staff | November 27, 2013 | 3:58 pm

SILVER: Fourth deposit found at Homestake Ridge

BRITISH COLUMBIA – Homestake Resource Corp. of Vancouver has wrapped up the season's drilling at its Homestake Ridge silver project 32 km southeast of Stewart with the discovery of a fourth mineralized zone. The latest bonanza silver...

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

COPPER-GOLD: Turquoise Hill makes $2.4B rights offering

VANCOUVER – Turquoise Hill Resources has filed the final prospectus in the relevant jurisdictions for a US$2.4 billion rights offering. The net proceeds will repay the outstanding amounts of the company's interim funding facility and its...

Canadian Mining Journal Staff | November 26, 2013 | 4:18 pm

TIRES: Immersive Technologies mining customers report 10.4% boost to tire life

AUSTRALIA - Tires represent a significant expense in a mining operation and are a powerful area for cost containment. Maximizing tire life increases machine availability and proactively addresses issues like global tire shortages. Immersive...

Canadian Mining Journal Staff | November 26, 2013 | 4:15 pm

Prophecy Platinum reports half-mile of continuous mineralization

Picture seven football fields in a row of continuous mineralization and that's the width of platinum group metal mineralization intercepted in a single drill hole at Prophecy Platinum's (TSXV: NKL; US-OTC: PNIKF) Wellgreen PGM-nickel-copper...

Canadian Mining Journal Staff | November 26, 2013 | 4:12 pm

OIL SANDS: Suncor puts 2014 capex at $7.8 billion

CALGARY – Suncor Energy has announced $7.80 billion in capital spending for 2014 to boost production to 610,000 bbl of oil equivalent from 565,000 bbl. The money earmarked for the oil sands will increase production 14% to offset the sale...

Canadian Mining Journal Staff | November 25, 2013 | 4:10 pm

TITANIUM: Argex orders long lead time items for Valleyfield plant

QUEBEC – Argex Titanium of Montreal has begun preliminary engineering work with vendors for the longest lead time items for its commercial sized titanium dioxide facility in Valleyfield.

Canadian Mining Journal Staff | November 25, 2013 | 4:08 pm

ZINC-LEAD: Trevali presses ahead at Halfmile, Stratmat properties

NEW BRUNSWICK – Vancouver-based Trevali Mining Corp. is working on several programs at its Halfmile and Stratmat polymetallic deposits in the Bathurst mining camp. It is drilling, conducting environmental studies, working on an...

Canadian Mining Journal Staff | November 25, 2013 | 4:06 pm

GOLD: Alexandria expands Akasaba West zone

QUEBEC – Alexandria Minerals Corp. of Toronto has extended the West zone at its Akasaba project near Val d'Or by 100 metres below the current resource based on step-out drilling. Hole IAX-13-238 returned 112.80 metres grading 0.37 g/t Au...

Canadian Mining Journal Staff | November 25, 2013 | 4:05 pm

Atico becomes a producer in Colombia

Atico Mining Corp. (TSXV: ATY; US-OTC: ATCMF) officially made the leap from explorer to producer today after completing its option agreement to acquire 90% of the El Roble mine – the only copper mine in production in Colombia.

Canadian Mining Journal Staff | November 25, 2013 | 4:03 pm

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