Canadian Mining Journal Staff

DIAMONDS: Sale of Ekati mine to close April 10

NORTHWEST TERRITORIES – The governments of Canada and the Northwest Territories, as well as related regulatory authorities, have confirmed that they will approve the sale of the Ekati diamond mine at Lac de Gras to Dominion Diamond Corp....

Canadian Mining Journal Staff | April 1, 2013 | 4:16 pm

COAL: More Chinese miners killed in second blast at mine

CHINA – Just three days after a blast killed 28 Chinese coal miners, a second blast at the same mine killed six more. Eleven other miners were missing after the explosion in the mine near the city of Baishan in Jilin province.

Canadian Mining Journal Staff | April 1, 2013 | 4:15 pm

GOLD: New technical report filed for Bell Creek

ONTARIO – The latest resource estimate for the Bell Creek gold mine belonging to Lake Shore Gold of Toronto puts the total number of contained ounces at over 1.6 million. There are 4.7 million measured and indicated tonnes grading 4.72...

Canadian Mining Journal Staff | April 1, 2013 | 4:14 pm

URANIUM: Moratorium in Quebec

QUEBEC – The government of Quebec announced a decision not to issue exploration, development or mining permits for uranium projects within its borders. The decision will remain in effect until an independent study on the environmental...

Canadian Mining Journal Staff | April 1, 2013 | 4:11 pm

El Chanate write-down surprises AuRico shareholders

Despite a $127 million write-down of the El Chanate mine in Sonora, Mexico, Canaccord Genuity analyst Rahul Paul says he isn't changing his investment thesis on AuRico Gold (AUQ-T, AUQ-N) and is maintaining his US$11 price target on the stock....

Canadian Mining Journal Staff | April 1, 2013 | 4:09 pm

OIL SANDS: Suncor drops Voyageur upgrader

ALBERTA – Word has come down from Suncor's head office in Calgary that the company will not be proceeding with the $1-billion Voyageur upgrader project.

Canadian Mining Journal Staff | March 28, 2013 | 3:58 pm

LABOUR: USW, Vale ink new collective agreement

ONTARIO – The members of USW Local 2020-05 have ratified a new four-year collective agreement with Vale at its Sudbury operations. The agreement comes into effect on April 1, 2013.

Canadian Mining Journal Staff | March 28, 2013 | 3:53 pm

STUDY: Pipeline of new mining projects drying up

HALIFAX – SNL Metals Economics Group has published its latest pipeline activity index for the mining industry, and the outlook is far from rosy. The PAI reached a three-year low in February. Equally alarming is that it declined 43% since...

Canadian Mining Journal Staff | March 28, 2013 | 3:47 pm

MINING PEOPLE IN THE NEWS: Astur Gold, Aegean Metals, Lucara, and San Gold

Greenpeace co-founder Dr. Patrick Moore has become a director of Vancouver-based Astur Gold. The company is in the permitting stage of an underground mine at the Salave gold project in northern Spain. Moore has been a leader in the field of...

Canadian Mining Journal Staff | March 28, 2013 | 3:44 pm

BOOK: Redpath – the First Half-Century 1962-2012

NORTH BAY, Ontario - To commemorate its 50th anniversary in 2012, the Redpath Group commissioned a book to share its story of becoming a truly global mine contracting and engineering firm. Several years in the making, the result is a large and...

Canadian Mining Journal Staff | March 28, 2013 | 3:40 pm

Patterson Lake discovery triggers junior uranium frenzy

VANCOUVER — Nothing draws Canadian explorers quite like an emerging mineral discovery that looks to have district scale potential, and that is proving to be the case with Fission Energy (FIS-V) and Alpha Minerals (AMW-V) Patterson Lake...

Canadian Mining Journal Staff | March 28, 2013 | 3:34 pm

GOLD-COPPER-ZINC: Hudbay declares commercial production at Lalor

MANITOBA – Hudbay Minerals of Toronto has declared the first phase of commercial production at its Lalor gold-copper-zinc mine near Snow Lake. Starting next month, Lalor output is expected to contribute positively to the company's bottom...

Canadian Mining Journal Staff | March 27, 2013 | 4:12 pm

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