Canadian Mining Journal Staff, Author at Canadian Mining Journal

Glencore Xstrata latest to catch the write-down bug

Even being a super heavyweight in the commodities business couldn’t protect Glencore Xstrata (LON: GLEN) from the write-down virus currently making its way through the mining industry.

Canadian Mining Journal Staff | August 21, 2013 | 4:02 pm

POTASH: BHP Billiton to pour $2.6B into Jansen

SASKATCHEWAN – Despite uncertainty over the future price of potash, BHP Billiton has announced plans to go ahead with a US$2.6-billion investment in its Jansen potash project 140 km east of Saskatoon.

Canadian Mining Journal Staff | August 20, 2013 | 4:12 pm

INDUSTRIAL MINERALS: CFI finds new, high grade fluorspar vein

NEWFOUNDLAND – Canada Fluorspar Inc. (CFI) said three holes drilled on its Grebes Nest property have extended the strike of the vein system more than 1.3 km. Hole 13-21 returned an average grade of 71.39% CaF2 over 17.01 metres. Hole...

Canadian Mining Journal Staff | August 20, 2013 | 4:10 pm

GOLD: B2Gold makes US$225M offer

VANCOUVER – B2Gold Corp. is issuing US$225-million worth of convertible senior subordinated notes due in 2018. They will bear an annual interest rate of 3.25% annually. The initial purchasers will also be granted an over allotment...

Canadian Mining Journal Staff | August 20, 2013 | 4:09 pm

LANTERN: Rugged new LED light from Pelican

EDMONTON - Pelican Products has introduced the rugged 9415 LED lantern as the safety approved version of its most powerful hand held lighting tool ever.

Canadian Mining Journal Staff | August 20, 2013 | 4:05 pm

Calibre soars on trenching results

It’s a bit unusual these days to see a company’s share price more than double on strong trenching results. But this is precisely what happened when Calibre Mining (TSXV: CXB) released additional trenching samples from its wholly...

Canadian Mining Journal Staff | August 20, 2013 | 4:02 pm

GOLD: Wesdome cuts two new zones at Eagle River

ONTARIO – Toronto-based Wesdome Gold Mines says early results from its deep drilling program at the Eagle River gold mine 50 km west of Wawa point toward two new mineralized structures. The purpose of the drilling is to confirm the...

Canadian Mining Journal Staff | August 19, 2013 | 3:47 pm

GOLD: Elder ore processed at Sleeping Giant mill

ONTARIO – Abcourt Mines of Mont-St-Hilaire, QC, has signed an agreement with Aurbec Mines, a subsidiary of Maudore Minerals, for the treatment of ore from Abcourt's Elder gold mine at the Sleeping Giant mill.

Canadian Mining Journal Staff | August 19, 2013 | 3:45 pm

IRON ORE: Co-operation pact inked for New Millennium DSO

QUEBEC – Tata Steel Minerals Canada, a joint venture of Calgary's New Millennium Iron Corp. (20%) and India's Tata Steel (80%), has signed a co-operation agreement with the NunatuKavut Community Council (NCC) for the DSO iron project near...

Canadian Mining Journal Staff | August 19, 2013 | 3:44 pm

GOLD: Goldcorp, Lac Seul sign deal including Cochenour

ONTARIO – Goldcorp of Vancouver and the Lac Seul First Nation have signed a collaboration agreement that constructs a framework for continued consultation and support for current and future operations of Red Lake Gold Mines, in particular...

Canadian Mining Journal Staff | August 19, 2013 | 3:42 pm

Fission, Alpha discover fourth uranium zone at PLS

VANCOUVER — Another drill season is underway for partners Fission Uranium (TSXV: FCU) and Alpha Minerals (TSXV: AMW) at the 50-50 Patterson Lake South (PLS) joint venture located in the southern reaches of Saskatchewan’s Athabasca...

Canadian Mining Journal Staff | August 19, 2013 | 3:40 pm

COAL: Sod turned for Trend-Roman project

BRITISH COLUMBIA – Initial work has begun on the expansion of Anglo American's Trend coal mine near Tumbler Ridge. The open pit expansion, dubbed "Roman", will extend the life of the existing Trend operation by 16 years.

Canadian Mining Journal Staff | August 15, 2013 | 4:23 pm

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