COMMENT: Development gets the axe
At the end of last month there was a spate of layoffs at mines around the world. Companies large and small were shedding payroll in response to soft commodity prices.
Canadian Mining Journal Staff
Posts by Canadian Mining Journal Staff:
COAL: Federal government gives nod to Donkin project
NOVA SCOTIA – Just before this week's cabinet shuffle, former Minister of the Environment Peter Kent signed off on the Donkin coking coal project in Cape Breton. The official word is that "the project, taking into account the mitigation...
DIAMONDS: Renard permits received, construction to begin
QUEBEC – Montreal's Stornoway Diamond Corp. is in receipt of all the major Quebec and federal government authorizations required to begin construction at the Renard diamond project this fall. The final permission was given by the Canadian...
COAL: Fortune begins summer program at Arctos
BRITISH COLUMBIA – Fortune Minerals (80%) of London, ON, and POSCO Canada (20%) have begun the environmental assessment of their Arctos anthracite coal project 150 km northeast of Stewart. The final EA is expected to be filed in 2014 with...
129 metres of 1.29% copper for Panoro at Cotabambas
VANCOUVER – A long copper-gold intercept suggests the Ccalla deposit has more mineralization to offer for Panoro Minerals (TSXV: PML) as the company gets set to update the resource estimate at its Cotabambas project in Peru.
GOLD: SAS provides update on Taylor project
ONTARIO – St Andrew Goldfields (SAS) of Toronto continues to advance its Taylor gold project 53 km east of Timmins with the extraction of a 15,000-tonne bulk sample last year. The material was taken from the 1008 lens in the upper part of...
TUNGSTEN: Burnt Hill resources grow with update
NEW BRUNSWICK – The latest updated resource estimate "significantly increases" resources at the Burnt Hill tungsten-molybdenum-tin project owned 51% by Cadillac Ventures of Toronto and 49% by Noront Resources. The property is located 60...
NICKEL-COPPER: North American Nickel locks up more ground in Greenland
GREENLAND – The Greenland bureau of minerals and petroleum has approved the application from North American Nickel of Vancouver to expand the area covered under its exploration licence by 123 km2. The company's licence for the Maniitsoq...
RISK MANAGEMENT: Mining sector does not have to go it alone
The dramatic changes that have impacted the mining sector over the past several years, including high commodity prices, high demand for power and processing equipment, falling industrial demand for raw material, limited access to capital and...
Gabriel sees a ray of light at Rosia Montana
Gabriel Resources (TSX:GBU) may see a positive development at its delayed Rosia Montana gold-silver deposit in west-central Romania as the government recently highlighted the asset in its new plan to attract foreign investment, with parliament...
FRAC SAND: Victory Nickel ready to rebuild Seven Persons facility
ALBERTA – In a departure from base metals, Victory Nickel of Toronto is set to begin development of the Seven Persons frac sand plant at Medicine Hat. The Alberta Energy Regulator (the successor to the Energy Resources Conservation Board)...
IRON ORE: First DSO train of 2013 leaves Silver Yards
LABRADOR – Tata Steel Minerals Canada, has shipped its first trainload of direct shipping ore to the terminal in Sept-Iles, QC. The train of 164 cars, each carrying 100 tonnes of iron ore left the dry crushing and screening plant from...
First Phosphate update expands EV battery ingredient by four times in Quebec
A resource update for First Phosphate’s (CSE: PHOS; US-OTC: FRSPF) main Bégin-Lamarche project in northeastern Quebec has boosted the indicated tonnage more […]