Canadian Mining Journal Staff

COMMENT: Barrick tops list of sustainable Canadian miners

Corporate Knights, a specialized media and investment research company based in Toronto, has released its first Canadian mining sustainability ranking. The researchers measured the performance of 52 Canadian miners against 12 sustainability...

Canadian Mining Journal Staff | December 3, 2012 | 4:05 pm

GOLD: Richmont closes Francoeur mine

QUEBEC – Richmont Mines of Montreal has announced the closure of the Francoeur gold mine and the suspension of exploration on the Wasamac gold property, both are which are near Rouyn-Noranda.

Canadian Mining Journal Staff | December 3, 2012 | 4:04 pm

EDUCATION: Ryerson to offer mining management

TORONTO – The Chang School at Ryerson University is launching a new certificate program for mining management. The first course, Resource Valuation, Financing and Investor Relations, will begin on the evening of January 16, 2012 for 12...

Canadian Mining Journal Staff | December 3, 2012 | 4:02 pm

GIFT: Inmet gives $1M support to Schulich mining MBA program

TORONTO – Inmet Mining Corp. has made a $1-million gift to the Schulich School of Business at York University to support Schulich's new MBA specialization in global mining manager. The gift will be fulfilled by four payments of $250,000...

Canadian Mining Journal Staff | December 3, 2012 | 4:01 pm

MERGER: RungePincockMinarco marries three leaders

CALGARY and TORONTO – Three industry leaders have come together under a new name, RungePincockMinarco. This change sees Runge, the leader in mining software technology solutions; Pincock Allen & Holt, the leader in mining advisory in...

Canadian Mining Journal Staff | December 3, 2012 | 3:59 pm

SOFTWARE: MineSched 8.0 enhances performance

VANCOUVER – The latest version of MineSched surface and underground scheduling solution, version 8.0, is now available from  Gemcom Software. The developer says it provides greatly enhanced performance as well as many new features.

Canadian Mining Journal Staff | December 3, 2012 | 3:56 pm

Deloitte stresses focus, discipline in mining report

VANCOUVER — In its annual forward-looking report on mining trends, big-four financial consulting firm Deloitte had a clear message for industry players: do not sacrifice future growth in the name of short term capital savings. Deloitte...

Canadian Mining Journal Staff | December 3, 2012 | 3:55 pm

For the gold bug this holiday season

OTTAWA - The Royal Canadian Mint is offering the public the unique chance to buy part of a rare collection of Canada's first gold coins, produced by the Mint from 1912 to 1914 and not seen since the outbreak of the First World War. The coins...

Canadian Mining Journal Staff | November 29, 2012 | 4:00 pm

IRON ORE: Century Iron joint ventures Sunny Lake with WISCO

QUEBEC – Century Iron Mines Corp. (60%) of Toronto and WISCO International (40%), a subsidiary of China's Wuhan Iron & Steel, have created a joint venture for Century's Sunny Lake iron ore property near Schefferville. WISCO Sunny Lake...

Canadian Mining Journal Staff | November 29, 2012 | 3:59 pm

GOLD: Osisko locks up Queenston shares

MONTREAL – Agnico-Eagle Mines of Toronto has agreed to sell its 4.8 million shares or 9.2% of Queenston Mining to Osisko Mining. Agnico-Eagle will receive $42.3 million for its shares.

Canadian Mining Journal Staff | November 29, 2012 | 3:58 pm

GOLD: Minera IRL feasibility promising for Ollachea project

PERU – Minera IRL of Toronto and London, U.K., has completed the definitive feasibility study for its Ollachea gold project in the Puno district. Using a gold price of US$1,300 per ounce, the net present value (7%) is US$264 million...

Canadian Mining Journal Staff | November 29, 2012 | 3:57 pm

Inmet rejects First Quantum’s takeover bid

Shares of Inmet Mining got a sudden boost in late day trading as it made two separate announcements, indicating it has turned down a takeover bid from First Quantum Minerals and has adopted a shareholder rights plan to provide it more time to...

Canadian Mining Journal Staff | November 29, 2012 | 3:56 pm

GOLD: McGarry mine grades top estimates

ONTARIO – Armistice Resources Corp. of Toronto is undoubtedly pleased to report that the stoping grade in its McGarry gold mine near Kirkland Lake is 24% higher than anticipated in the 43-101 report. Sampling in the sill drifts (cut to...

Canadian Mining Journal Staff | November 28, 2012 | 4:00 pm

BASE METALS: Grades high for Tortigny Cu-Zn-Ag-Au resources

QUEBEC – Beaufield Resources of Montreal is pleased with the latest resource estimate from its Tortigny copper-zinc-silver-gold deposit 125 km northwest of Chibougamau. The 43-101 report prepared by SGS Canada estimates the deposit...

Canadian Mining Journal Staff | November 28, 2012 | 3:59 pm

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