Canadian Mining Journal Staff, Author at Canadian Mining Journal

Investors like Guyana Goldfield’s new Aurora plan

VANCOUVER – After a first feasibility study scared investors with its steep price tag and shaky economics, Guyana Goldfields took its Aurora gold project back to the drawing board.

Canadian Mining Journal Staff | January 15, 2013 | 10:28 am

DIAMONDS: Harry Winston sheds retail to become Dominion Diamond

TORONTO – Harry Winston Diamond Corp. has announced a deal to sell its luxury brand diamond jewelry and watch division to The Swatch Group for $1 billion. Swatch will pay US$750 million and assume up to US$250 of pro forma net debt.

Canadian Mining Journal Staff | January 14, 2013 | 4:45 pm

NICKEL: Vale to cut furnaces at Copper Cliff smelter

ONTARIO – Media reports from northern Ontario are saying that Vale is is planning to cut back production at the Copper Cliff smelter in Sudbury to a single furnace and that the decision will slow the implementation of its $2-billion Clean...

Canadian Mining Journal Staff | January 14, 2013 | 4:44 pm

PALLADIUM: North American tops guidance, details expansion progress

ONTARIO – Toronto-based North American Palladium (NAP) says preliminary palladium production numbers for last year were actually a little above its guidance at 163,980 oz of payable palladium. The forecast was between 150,000 and 160,000...

Canadian Mining Journal Staff | January 14, 2013 | 4:42 pm

GOLD: Down-dip extension at Pine Cove to be tested

NEWFOUNDLAND – Anaconda Mining of Toronto is begun a diamond drill program designed to test the down-dip extension of its Pine Cove gold deposit on the Baie Verte Peninsula. This is a 10-hole, 2,000-metre program to investigate previously...

Canadian Mining Journal Staff | January 14, 2013 | 4:41 pm

PROCESSING: CITIC creates new, dedicated subsidiary

AUSTRALIA – CITIC SMCC Process Technology is a newly formed subsidiary of CITIC HIC Australia of Sydney. Creation of CITIC SMCC follows the acquisition of SMCC Pty Ltd. The new subsidiary is based in Brisbane.

Canadian Mining Journal Staff | January 14, 2013 | 4:37 pm

Metanor steps into the future

Make a wrong turn while driving along the streets of one of Canada’s great mining towns and you may feel you’ve gone through a portal into the past.

Canadian Mining Journal Staff | January 14, 2013 | 4:35 pm

LITHIUM: Canada Lithium signs second off-take agreement

TORONTO – Canada Lithium Corp. has signed a three-year deal with Japan's largest commodity trader Marubeni giving Marubeni exclusive rights to distribute battery grade lithium carbonate from the Quebec lithium mine 60 km north of Val...

Canadian Mining Journal Staff | January 10, 2013 | 4:16 pm

URANIUM: Denison outlines 2013 plans

TORONTO – Denison Mines says it has 11 exploration projects on the go this year, and the most important is the Wheeler River uranium property between the Key Lake mill and McArthur River mine and mill in the Athabasca Basin in...

Canadian Mining Journal Staff | January 10, 2013 | 4:15 pm

AWARDS: Two Xstrata Nickel execs win businesswomen of year honours

TORONTO – Xstrata Nickel is the proud employer of not one but two women recognized nationally for their business acumen.

Canadian Mining Journal Staff | January 10, 2013 | 4:11 pm

MINING PEOPLE: Athabasca Minerals, Columbus Gold, Gespeg Copper, and Wood Buffalo Environmental

Joseph Denis is now operations manager for the northern Alberta aggregate operations of Edmonton's Athabasca Minerals. He is a graduate (honours) from the Southern Alberta Institute of Technology in civil engineering.

Canadian Mining Journal Staff | January 10, 2013 | 4:08 pm

Cameco gets access to Russian warheads

It took longer than expected but Cameco has cleared all the regulatory hurdles and has closed its acquisition of nuclear fuels trader NUKEM Energy GmbH (NUKEM).

Canadian Mining Journal Staff | January 10, 2013 | 4:06 pm

BASE METALS: Hudbay plans $1.24B capex in 2013

TORONTO – Hudbay Minerals has taken a look into the future and decided that 2013 will be an even better year than 2012. Zinc in concentrate output is expected to be 85,000 to 100,000 tonnes, up from 80,866 this year. Gold and silver...

Canadian Mining Journal Staff | January 9, 2013 | 4:29 pm

GOLD: Mining permit issued for Richmont’s Monique project

QUEBEC – Richmont Mines of Montreal has received the mining permit for its 100% owned Monique gold project in Val d'Or. Overburden removal will begin shortly to facilitate mining a 5,000-tonne bulk sample that will be treated at the...

Canadian Mining Journal Staff | January 9, 2013 | 4:26 pm

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