Canadian Mining Journal Staff, Author at Canadian Mining Journal

GOLD: Detour Lake reaches commercial production

ONTARIO – Detour Gold Corp. of Toronto said that its Detour Lake mine reached commercial production on Aug. 12, 2013. The project 185 km northeast of Cochrane averaged 41,428 t/d through the mill for the 60 previous days.

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

GOLD: Eagle raises $12M, buys out partner at Windfall Lake

VANCOUVER – Eagle Hill Exploration Corp. raised $12 million by way of private placement with which to buy out Noront Resources, its 25% partner at the Windfall Lake project 100 km east of Lebel-Sur-Quevillon, QC, and launch a drilling...

Canadian Mining Journal Staff | August 15, 2013 | 4:19 pm

GOLD: Wahgoshig sign exploration agreement for Golden Bear

ONTARIO – Northern Gold Mining of Toronto and the Wahgoshig First Nation have signed an exploration agreement that covers Northern's Golden Bear project in the Larder Lake Mining Division. The deal creates an on-going relationship between...

Canadian Mining Journal Staff | August 15, 2013 | 4:17 pm

IRON ORE: Alderon orders grinding mills from Metso

LABRADOR – Vancouver-based Alderon Iron Ore Corp. has begun ordering long lead time items for its Kami iron project 10 km from Wabush. An order has been placed with Metso Minerals Canada for the supply of an autogenous grinding and...

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

Searching for value amidst a wave of write-downs

There is little arguing that 2013, thus far, has been a rough year for investors in gold mining stocks. But just how bad it has been may come as a surprise to some. Not since the financial crisis of 2008 have investors seen so much of their...

Canadian Mining Journal Staff | August 15, 2013 | 4:12 pm

GOLD: Probe outlines high grade zone at Borden project

ONTARIO – Infill drilling by Probe Mines Ltd. of Toronto on its 100% owned Borden gold project near Chapleau continues to expand the high grade zone. In Section 1300m SE, one hole returned 47.0 metres grading 6.8 g/t Au, including 8.0...

Canadian Mining Journal Staff | August 14, 2013 | 2:15 pm

GOLD: ATAC drills 9.83 g/t over 15 metres at Rackla

YUKON – Results are in for the first seven holes drilled by Vancouver's ATAC Resources in the Sunrise zone at its Rackla gold project 55 km northeast of Keno City. The best assay so far was 9.83 g/t Au over 15.24 metres.

Canadian Mining Journal Staff | August 14, 2013 | 2:13 pm

GOLD: Maritime engages AMEC for Green Bay permitting

NEWFOUNDLAND – Maritime Resources Corp. of Vancouver has hired AMEC's St. John's, NL, office to help the company get the first phases of permitting started on the Green Bay gold project in the King's Point area. AMEC will also assist in...

Canadian Mining Journal Staff | August 14, 2013 | 2:12 pm

Impact Silver finds success in a measured growth strategy

VANCOUVER — It is becoming exceedingly difficult to be a successful precious metals producer, but for juniors like Impact Silver (TSXV: IPT) these tough markets are an opportunity to show why fiscal restraint and measured growth are keys...

Canadian Mining Journal Staff | August 14, 2013 | 2:10 pm

GOLD: Record output, lower costs for Lake Shore

ONTARIO – The second quarter was kind to Lake Shore Gold of Toronto, bringing both record gold production and lower operating costs. The company poured 31,800 oz of gold in the quarter ending June 30. Total all-in sustaining costs during...

Canadian Mining Journal Staff | August 13, 2013 | 5:03 pm

GOLD: 5.10 g/t over 4.5 metres cut at Timmins Porcupine West

ONTARIO – Explor Resources of Rouyn-Noranda, QC, has released the results of six holes from its Timmins Porcupine West project, near Timmins. The best assay was 5.1 g/t Au over 4.50 metres from hole 106.

Canadian Mining Journal Staff | August 13, 2013 | 4:42 pm

GOLD: Orefinders drill 27.7 g/t at Mirado project

ONTARIO – The area around Kirkland Lake continues to reward drillers with bonanza grades. The latest is Orefinders Resources of Vancouver that has drilled 27.7 g/t Au (uncut) over 4.9 metres at its Mirado gold project. That assay was part...

Canadian Mining Journal Staff | August 13, 2013 | 4:20 pm

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