Canadian Mining Journal Staff, Author at Canadian Mining Journal

IRON ORE: Feasibility unearths $3.2B NPV and 29.3% IRR for Kami

LABRADOR – The feasibility study for Vancouver-based Alderon Iron Ore Corp.'s Kamistiatusset (Kami) iron ore property near Wabush puts the net present value of the project at $3.244 million (8% discount) and the internal rate of return at...

Canadian Mining Journal Staff | January 9, 2013 | 4:24 pm

GOLD: New 43-101 ups ounces for Freegold Mountain

YUKON – Northern Freegold Resources of Vancouver has updated the 43-101 report for its Freegold Mountain project 70 km from Carmacks and reported a 19% increase in grade for the Nucleus deposit. Using a pit optimized plan at a 0.25 g/t...

Canadian Mining Journal Staff | January 9, 2013 | 4:22 pm

Barrick fails to sell African assets to CNG

Barrick Gold has ended talks with China National Gold regarding the potential sale of its 74% interest in African Barrick Gold, putting off hopes that the major could distance itself from its underperforming projects in Tanzania.

Canadian Mining Journal Staff | January 9, 2013 | 4:21 pm

GOLD: Goldcorp production to grow 70% by 2017

TORONTO – The good news just keeps coming from Goldcorp. Not only did the company meet its 2012 production target of 2.39 million oz, but output is expected to rise 70% to between 4.0 million and 4.2 million oz by 2017.

Canadian Mining Journal Staff | January 8, 2013 | 4:51 pm

GOLD: Foundation, Wahgoshig First Nation amend Kerrs agreement

ONTARIO – Foundation Resources of Vancouver and the Wahgoshig First Nation have amended the memorandum of understanding with Sheltered Oak Resources covering solely the Kerrs gold property in the township of the same name. The changes...

Canadian Mining Journal Staff | January 8, 2013 | 4:49 pm

GOLD: Fire River cuts bonanza 219.1 g/t at Nixon Fork mine

ALASKA – Under diamond drilling at the Nixon Fork gold project in the Tintina Gold Belt has returned assays as high as 219.1 g/t Au over 3.34 metres for owner Fire River Gold of Vancouver. The drilling was undertaken as part of a program...

Canadian Mining Journal Staff | January 8, 2013 | 4:46 pm

Western Copper jumps on Casino feasibility study

VANCOUVER – For resource companies, it can be hard to keep investors interested during the lull between discovery and development. During those years the story shifts from exciting exploration results to endless studies of metallurgy,...

Canadian Mining Journal Staff | January 8, 2013 | 4:43 pm

COPPER-GOLD: Thumbs up for Casino feasibility

YUKON – Vancouver-based Western Copper and Gold Corp. is pleased with the positive feasibility study conducted on its wholly owned Casino copper-gold-molybdenum deposit 300 km northwest of Whitehorse. The study recommends an open pit mine...

Canadian Mining Journal Staff | January 7, 2013 | 4:22 pm

COMMENT: Miles to go before digging starts in Ring of Fire

It may be a cliché, but over the past six months, how things have changed and how they’ve stayed the same in the Ring of Fire. There may be some ongoing activity or discussions behind the scenes, but without a doubt, the declining...

Canadian Mining Journal Staff | January 7, 2013 | 4:20 pm

COPPER-GOLD: More discoveries possible at Mount Polley

BRITISH COLUMBIA – Imperial Metals Corp. of Vancouver says the Boundary zone at the Mount Polley copper-gold mine continues to demonstrate discovery potential. Underground drilling from three drill station on the 812 level intersected...

Canadian Mining Journal Staff | January 7, 2013 | 4:18 pm

URANIUM: $5.5M drilling program planned at Waterbury Lake

SASKATCHEWAN – The winter drilling program at the Waterbury Lake uranium property in the eastern part of the Athabasca Basin will total 21,000 metres in 60 holes at a cost of $5.5 million, according to the project operator Fission Energy...

Canadian Mining Journal Staff | January 7, 2013 | 4:17 pm

MINING PEOPLE: CB Gold, Focus Graphite, Rubicon, and Tinka Resources

Vancouver-based CB Gold has named Marius Mare its new VP exploration. He was VP exploration for Kimber Resources and has previously held senior roles with different mining companies including Placer Dome and Phelps Dodge Exploration. He holds a...

Canadian Mining Journal Staff | January 7, 2013 | 4:13 pm

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