Canadian Mining Journal Staff, Author at Canadian Mining Journal

FINANCING: Rainy River ups bought deal to $57.5M

ONTARIO – Rainy River Resources of Toronto has boosted the size of its public offering to $57.5 million, or 10.5 million common shares at a price of $5.50 each. The underwriters have also been granted an option to purchase up to 1.6...

Canadian Mining Journal Staff | November 14, 2012 | 3:59 pm

MINERAL PROCESSING: Inmet awards Cobre Panama contract to SNC-Lavalin

PANAMA – Inmet Mining of Toronto has selected Joint Venture Panama Inc. to do the detailed engineering, procurement and construction of the mineral processing plant at its Cobre Panama copper project. The joint venture is led by...

Canadian Mining Journal Staff | November 14, 2012 | 3:58 pm

TAKEOVER: Denison offers shares for JNR Resources

TORONTO – Denison Mines has signed an agreement to acquire all of the common shares of Saskatoon-based JNR Resources in a all share deal. JNR shareholders will receive 0.073 of a Denison common share for each JNR share they hold....

Canadian Mining Journal Staff | November 14, 2012 | 3:57 pm

LUBRICATION: New DAYLube nano-ceramic grease ideal for heavy equipment

DAYTON, Ohio - New DAYLube high performance grease from Dayton Progress uses nano-ceramic particles that act as sub-microscopic ball bearings to provide continuous lubrication to steel surfaces found on heavy equipment. With a much lower...

Canadian Mining Journal Staff | November 14, 2012 | 3:56 pm

Fronteer gang looks to duplicate success with Pilot

With its coffers over-flowing Pilot Gold is in the unique position amongst juniors of being able to drive heavy exploration programs at two projects, while partaking in the development of a third into a mine.

Canadian Mining Journal Staff | November 14, 2012 | 3:55 pm

GUEST OPINION: Pierre Lassonde on gold, Part Two

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

Canadian Mining Journal Staff | November 13, 2012 | 4:00 pm

DIAMOND MINING: BHP Billion sells Ekati to Harry Winston for $500M

NORTHWEST TERRITORIES – BHP Billiton is selling its diamond business, including the Ekati mine at Lac de Gras, to Harry Winston Diamond Corp. of Toronto. The deal is worth US$500 million, and it should close in Q1 2013.

Canadian Mining Journal Staff | November 13, 2012 | 3:59 pm

MINING PEOPLE IN THE NEWS: Aguila American, Galore Resources, GTA Resources, Northern Vertex, Rambler Metals, and Teck

Following its AGM, Aguila American Gold of Vancouver made the following appointments: Nick DeMare as CFO and secretary; James McCrea as VP exploration; John Huguet as chairman; and Blair Way as president and CEO. Blair was most recently, Vice...

Canadian Mining Journal Staff | November 13, 2012 | 3:58 pm

AWARD: Fordia receives highest honour from Quebec Society for Quality

MONTREAL – Fordia, a leading manufacturer in the diamond drilling industry, received the Grand Prix québécois de la qualité for its management and overall performance at the awards ceremony for the Grand Prix...

Canadian Mining Journal Staff | November 13, 2012 | 3:57 pm

Revett presses on in Montana

When Revett Minerals restarted the Troy mine in northwestern Montana in December 2004, the property had a mine life of about four years based on its known reserves.

Canadian Mining Journal Staff | November 13, 2012 | 3:56 pm

GUEST OPINION: Pierre Lassonde on gold, Part One

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

Canadian Mining Journal Staff | November 12, 2012 | 4:00 pm

ACQUISITION: Osisko makes friendly $550M offer for Queenston

MONTREAL – Osisko Mining Corp. has made a friendly offer to acquire all of the issued and outstanding common shares of Queenston Mining of Toronto. Osisko is offering 0.611 of an Osisko share for each Queenston common share. The offer...

Canadian Mining Journal Staff | November 12, 2012 | 3:59 pm

LITHIUM DEAL: Canada Lithium signs 5-year deal

QUEBEC – Canada Lithium Corp. of Toronto has signed a five-year lithium carbonate offtake agreement with Tewoo-ERDC, one of China's larger commodity traders, for 12,000 tonnes of battery grade lithium annually. Deliveries are to begin in...

Canadian Mining Journal Staff | November 12, 2012 | 3:58 pm

CORPORATE SOCIAL RESPONSIBILITY: O Trade recognized by World Bank

TORONTO - O trade and market access, a Canadian firm specializing in sustainable supply chain and community development solutions, has been recognized by the World Bank for its proprietary Local Community Procurement Program (LCPP) as one...

Canadian Mining Journal Staff | November 12, 2012 | 3:57 pm

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