Canadian Mining Journal Staff, Author at Canadian Mining Journal

GOLD: Osisko wraps 2012, looks ahead to 2013

MONTREAL – Osisko Mining Corp. reports that for the first full year of production at its Canadian Malartic gold mine in Malartic, QC, 388,478 oz of gold were recovered. Output in 2012 was affected by a fire in the mill in May, several...

Canadian Mining Journal Staff | January 24, 2013 | 4:20 pm

GOLD: Centerra acquires all of Oksut project in Turkey

TURKEY – Centerra Gold of Toronto has completed the purchase of the 30% interest in the Oksut gold mine that belonged to partner Stratex International of London, UK, for US$20 million. Stratex will retain a 1% net smelter royal subject to...

Canadian Mining Journal Staff | January 24, 2013 | 4:17 pm

Endeavour Mining rises on West African promise and production

Strong production results and a promising preliminary economic assessment had Endeavour Mining shareholders feeling the love.

Canadian Mining Journal Staff | January 24, 2013 | 4:14 pm

MERGER: Aurizon says no to Alamos bid

VANCOUVER – In today's economic climate it appears difficult to take over an unwilling target. The board of directors at Aurizon Mines has unanimously recommended that its shareholders reject the hostile offer from Alamos Gold of Toronto....

Canadian Mining Journal Staff | January 23, 2013 | 4:06 pm

GOLD: IamGold updates Cote resource, offers 2013 guidance

TORONTO – The results of recent drilling at the Cote gold project between Timmins and Sudbury, ON, has allowed IamGold Corp. to update resource numbers, moving most of them into the indicated category. The indicated resource is now 269...

Canadian Mining Journal Staff | January 23, 2013 | 4:05 pm

BASE METALS: Lundin adds up 2013, proposes 2013 targets

TORONTO – Lundin Mining Corp. is pleased with 2012 production numbers that are near the high end of the announced targets. The company finished the year with an output of 102,050 tonnes of copper, 122,204 tonnes of zinc, 38,464 tonnes of...

Canadian Mining Journal Staff | January 23, 2013 | 4:04 pm

COPPER-GOLD: Inmet wraps up 2012, looks toward 2013

VANCOUVER – As is fitting in the first month of a new year, Imperial Metals Corp. has added up its production numbers for 2012. The company's output included 51.3 million lb of copper, 53,252 oz of gold, 211,995 oz of silver, and 2,278 lb...

Canadian Mining Journal Staff | January 23, 2013 | 4:02 pm

Pan American to produce more silver, gold in 2013

Pan American Silver had a strong year in 2012, helped by record silver and gold output in the fourth quarter, and is forecasting 2013 to be another “record setting production year.”

Canadian Mining Journal Staff | January 23, 2013 | 4:00 pm

MERGER: Inmet board rejects First Quantum offer

TORONTO – The directors of Inmet Mining Corp. have advised their shareholders to reject the unsolicited offer made by First Quantum Minerals of Vancouver. Inmet chairman David R. Beatty said, "…the offer fails to adequately...

Canadian Mining Journal Staff | January 22, 2013 | 4:19 pm

COPPER: First Quantum quantifies 2012 production

VANCOUVER – First Quantum Minerals has announced that its 2012 production was higher for all commodities compared to a year earlier. Copper production was 307,115 tonnes, up 16%. Nickel production was 36,759 tonnes, a 5.5-fold increase....

Canadian Mining Journal Staff | January 22, 2013 | 4:17 pm

LITHIUM: Glen Eagle completes PEA on Authier

QUEBEC – Glen Eagle Resources of Montreal has reported key data from the preliminary economic assessment on its Authier lithium project 45 km northwest of Val d'Or. Preproduction capital expenditures are estimated to be $42.1 million to...

Canadian Mining Journal Staff | January 22, 2013 | 4:16 pm

GOLD: High River pours first dor bar at Bissa mine

BURKINA FASO – High River Gold Mines of Toronto has poured the first doré bar at its Bissa gold mine 100 km north of Ouagadougou, the capital. The C$250-million project was built in only 15 months, reaching completion ahead of...

Canadian Mining Journal Staff | January 22, 2013 | 4:15 pm

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