Canadian Mining Journal Staff

COPPER-GOLD: Inmet wraps up 2012, looks toward 2013

VANCOUVER – As is fitting in the first month of a new year, Imperial Metals Corp. has added up its production numbers for 2012. The company's output included 51.3 million lb of copper, 53,252 oz of gold, 211,995 oz of silver, and 2,278 lb...

Canadian Mining Journal Staff | January 23, 2013 | 4:02 pm

Pan American to produce more silver, gold in 2013

Pan American Silver had a strong year in 2012, helped by record silver and gold output in the fourth quarter, and is forecasting 2013 to be another “record setting production year.”

Canadian Mining Journal Staff | January 23, 2013 | 4:00 pm

MERGER: Inmet board rejects First Quantum offer

TORONTO – The directors of Inmet Mining Corp. have advised their shareholders to reject the unsolicited offer made by First Quantum Minerals of Vancouver. Inmet chairman David R. Beatty said, "…the offer fails to adequately...

Canadian Mining Journal Staff | January 22, 2013 | 4:19 pm

COPPER: First Quantum quantifies 2012 production

VANCOUVER – First Quantum Minerals has announced that its 2012 production was higher for all commodities compared to a year earlier. Copper production was 307,115 tonnes, up 16%. Nickel production was 36,759 tonnes, a 5.5-fold increase....

Canadian Mining Journal Staff | January 22, 2013 | 4:17 pm

LITHIUM: Glen Eagle completes PEA on Authier

QUEBEC – Glen Eagle Resources of Montreal has reported key data from the preliminary economic assessment on its Authier lithium project 45 km northwest of Val d'Or. Preproduction capital expenditures are estimated to be $42.1 million to...

Canadian Mining Journal Staff | January 22, 2013 | 4:16 pm

GOLD: High River pours first dor bar at Bissa mine

BURKINA FASO – High River Gold Mines of Toronto has poured the first doré bar at its Bissa gold mine 100 km north of Ouagadougou, the capital. The C$250-million project was built in only 15 months, reaching completion ahead of...

Canadian Mining Journal Staff | January 22, 2013 | 4:15 pm

EQUIPMENT: Ritchie Bros. opens new online marketplace

VANCOUVER – Ritchie Bros., the world's largest seller of used industrial equipment, has opened a new online equipment marketplace called Ritchie Bros. EquipmentOne.

Canadian Mining Journal Staff | January 22, 2013 | 4:13 pm

Commentary: BC a model for attracting investment and building partnerships

It is with some nostalgia that we look back at 2012, a year of pride and celebration for the Association for Mineral Exploration British Columbia (AME BC). We wrapped up a year of special initiatives to mark our association’s 100th...

Canadian Mining Journal Staff | January 22, 2013 | 4:09 pm

COMMENT: Ontario invests in skills training for Ring of Fire projects

The [Ontario] provincial government's recent announcement of a $3.1 million investment to provide skills training and community governance and capacity building in six First Nations communities is welcome news. This investment will facilitate...

Canadian Mining Journal Staff | January 21, 2013 | 4:36 pm

GOLD: New zone at Garrcon yields bonanza grades

ONTARIO – Toronto-based Northern Gold Mining has discovered a 600-metre long high grade zone within the Garrcon gold deposit 100 km east of Timmins. Hole 12-244 assayed 58.97 g/t Au over 1.0 metre, and hole 12-263 assayed 94.77 g/t Au...

Canadian Mining Journal Staff | January 21, 2013 | 4:35 pm

NICKEL-COPPER-PGE: Junior Lake indicated tonnage jumps to 2.7 million at 1.24% NiEq

ONTARIO – Landore Resources of Thunder Bay, ON, says last year's drilling on the B4-7 deposit at its Junior Lake property near Armstrong has increased the combined pit and underground resource to 2.69 million tonnes grading 1.24% NiEq...

Canadian Mining Journal Staff | January 21, 2013 | 4:33 pm

CONTRACT: Northern Graphite awards Bissett Creek FEED study

ONTARIO - Northern Graphite Corp. of Ottawa has awarded a $3.5-million contract for the front end engineering and design (FEED) for its Bissett Creek graphite project 100 km east of North Bay to a joint venture of Porcupine Engineering Services...

Canadian Mining Journal Staff | January 21, 2013 | 4:31 pm

FACTS & FIGURES: World interest in Canada’s minerals at record high: MAC report

OTTAWA - World interest in Canadian minerals and metals reached a record high in 2011 as measured by exploration spending, according to the Mining Association of Canada's (MAC) new Facts & Figures 2012 report. Exploration investment in...

Canadian Mining Journal Staff | January 21, 2013 | 4:29 pm

Ivanplats doubles world-class copper resource at Kamoa

VANCOUVER — Robert Friedland's latest Vancouver-based venture looks to be following a familiar template. On Jan. 17 Ivanplats released an updated resource on its Kamoa discovery in Central Africa that boosted the project's resources by...

Canadian Mining Journal Staff | January 21, 2013 | 4:24 pm

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