Canadian Mining Journal Staff, Author at Canadian Mining Journal

SURVEY: CFOs weigh in on mining industry

GE Capital Canada has released its Semi-Annual Canadian Mid-Market CFO Survey, and the respondents' take on the mining industry is less optimistic that it might be. The mid-market companies surveyed had revenues of $117.88 million and an...

Canadian Mining Journal Staff | November 20, 2012 | 3:56 pm

IamGold’s Q3 profit misses the mark

IamGold took a hit after posting a weak third quarter profit thanks to lower gold production and sales.

Canadian Mining Journal Staff | November 20, 2012 | 3:55 pm

Fresh look for CMJ News

Behind the scenes CMJ's IT department has been working to create a fresh look for our Daily Headline News. This week marks the launch. The updated eNews will be more easily viewed on your mobile devices than the old one was. Please let us know...

Canadian Mining Journal Staff | November 19, 2012 | 4:00 pm

OPINION: Golden opportunities

Mineral exploration spending in Canada will top $4 billion for 2012, up 33% from a year earlier, according to figures from the Ontario Mining Association. This country remains a favoured place for explorationists of all sizes because of its...

Canadian Mining Journal Staff | November 19, 2012 | 3:59 pm

ACQUISITION: Hecla buys into Canamex

COEUR-D'ALENE, Idaho – A wholly owned subsidiary of Hecla Mining Company has subscribed to 14 million common shares of Canamex Resources of Vancouver. The shares are priced at US$0.18 each for gross proceeds to Canamex of $2.52 million....

Canadian Mining Journal Staff | November 19, 2012 | 3:58 pm

IRON ORE: Cliffs slows Bloom Lake work

QUEBEC – Cliffs Natural Resources of Cleveland, OH, has announced plans to delay part of the phase two expansion of the Bloom Lake iron ore mine, 400 km north of Sept-Iles. It will also idle a portion of its iron ore production at...

Canadian Mining Journal Staff | November 19, 2012 | 3:57 pm

CSR: Harvard discussion notes available

OTTAWA – Last June the Office of the Extractive Sector Corporate Social Responsibility Counsellor launched a series of discussion notes on the subject. The series highlights research and global good practice in the CSR field, including...

Canadian Mining Journal Staff | November 19, 2012 | 3:56 pm

QMX Gold looks forward to brighter days ahead

VANCOUVER — At the beginning of the year Toronto-based producer QMX Gold — then Alexis Minerals — had quite a lot on its plate. The company was trying to stabilize operations at its Lac Herbin gold mine in Val-d'Or, QC, as...

Canadian Mining Journal Staff | November 19, 2012 | 3:55 pm

GUEST OPINION: Pierre Lassonde on gold, Part Four

From his keynote address to the Denver Gold Forum, September 2012.

Canadian Mining Journal Staff | November 15, 2012 | 4:00 pm

GOLD STUDY: PEA upbeat for Spanish Mountain

BRITISH COLUMBIA – Spanish Mountain Gold of Vancouver says the preliminary economic assessment of its Spanish Mountain gold project 70 km northeast of Williams Lake is complete, and it is positive. The study examined a mine and mill that...

Canadian Mining Journal Staff | November 15, 2012 | 3:59 pm

GOLD RESOURCE: Gold Bullion tallies Granada numbers

QUEBEC – Gold Bullion Development Corp. of Vancouver has updated the resource estimate for its Granada gold project 5 km south of Rouyn-Noranda. The company says there is are as many as 1.6 million oz of gold at the property when a...

Canadian Mining Journal Staff | November 15, 2012 | 3:58 pm

DIAMOND DEVELOPMENT: Stornoway, Quebec sign new road deal

QUEBEC – Les Diamants Stornoway (Canada), a wholly owned subsidiary of Montreal-based Stornoway Diamond Corp., has signed a new agreement with the government of Quebec for the financing and completion of the 240-km-long Route 167...

Canadian Mining Journal Staff | November 15, 2012 | 3:57 pm

Record production for SAS

St Andrews Goldfields' goal of reaching 100,000 oz of gold production for the year is getting closer to reality.

Canadian Mining Journal Staff | November 15, 2012 | 3:56 pm

GUEST OPINION: Pierre Lassonde on gold, Part Three