Canadian Mining Journal Staff

IRON ORE STUDY: Hopes Advance PEA estimated US$5.6B NPV

QUEBEC – The pre-feasibility study prepared by Micon International on the Hopes Advance iron ore project belonging to Oceanic Iron Ore Corp. of Vancouver is positive. The projected net present value of the project is US$5.6 billion and a...

Canadian Mining Journal Staff | September 19, 2012 | 4:59 pm

NICKEL DEVELOPMENT: Norascon wins pre-stripping contract for Dumont project

QUEBEC – Toronto-based Royal Nickel has selected Norascon as the contractor for overburden pre-stripping at the Dumont nickel project near Amos. Royal Nickel has big plans for the Dumont project, saying it will be the fourth largest...

Canadian Mining Journal Staff | September 19, 2012 | 4:58 pm

NEW TECHNOLOGY: Cap lamp rigged for multi-tasking

TORONTO – Northern Light Technologies now offers cap lams that play a critical role in improving the way that underground mines communicate, collaborate and operate.

Canadian Mining Journal Staff | September 19, 2012 | 4:57 pm

MAC focuses on transparency, free trade

VANCOUVER — For Mining Association of Canada (MAC) president and CEO Pierre Gratton, the future of the nation’s mining industry lies in clear cut regulatory reform and the cultivation of global free trade arrangements geared towards...

Canadian Mining Journal Staff | September 19, 2012 | 4:56 pm

COPPER RESOURCE: Corner Bay yields high grades

QUEBEC – Toronto’s Nuinsco Resources has released a 43-101 mineral resource estimate with excellent copper grades for the Corner Bay deposit in the Chibougamau mining camp. The estimate was prepared by Roscoe Postle Associates.

Canadian Mining Journal Staff | September 18, 2012 | 5:00 pm

GOLD RESOURCE: Indicated tonnage doubles at Main zone, includes Yellowjacket zone

BRITISH COLUMBIA – Huakan International Mining of Vancouver says the updated 43-101 report completed by P & E Mining Consultants outlines twice the indicated tonnage estimated in earlier studies. The updated Main zone mineral resource...

Canadian Mining Journal Staff | September 18, 2012 | 4:59 pm

MINERAL PROCESSING: SRC opens new pilot plant in Saskatoon

SASKATCHEWAN – Last Friday, Sept. 14, 2012, the Saskatchewan Research Council opened its new mineral processing pilot plant in Saskatoon. The new $2.2-million facility will enable pilot scale demonstrations of new technologies that will...

Canadian Mining Journal Staff | September 18, 2012 | 4:59 pm

GOLD EXPLORATION: Goldstrike traces bonanza graders at Plateau South

YUKON - Goldstrike Resources of Vancouver reports that it has traced bonanza grade gold mineralization on its Plateau South property over a distance of 13 km in a zone that remains open to the northwest. Gold in numerous new rock grab samples...

Canadian Mining Journal Staff | September 18, 2012 | 4:58 pm

TAILINGS MANAGEMENT: New MEND report for cold locations

OTTAWA – MEND (Mining Environment Neutral Drainage) has released a new report aimed at tailings management in the Canadian Arctic. Report No. 1.61.5c, Cold Regions Cover System Design Technical Guidance Document (July 2012), covers...

Canadian Mining Journal Staff | September 18, 2012 | 4:57 pm

Commentary: A look at the new SEC rules for disclosing payments

Significant new measures requiring public disclosure by U.S. issuers of payments to governments for mineral exploration and development rights were announced on Aug. 22, 2012, by the U.S. Securities and Exchange Commission pursuant to the...

Canadian Mining Journal Staff | September 18, 2012 | 4:56 pm

NICKEL MINING: Canadian Arrow commences nickel mining

ONTARIO – Canadian Arrow Mines of Sudbury, ON, has begun mining and stockpiling nickel bearing massive sulphides from its Kelex mine near Timmins. The ore will be custom milled at Xstrata’s Strathcona mill near Sudbury.

Canadian Mining Journal Staff | September 17, 2012 | 5:00 pm

GOLD EXPLORATION: Kaminak raises $10M to extend Coffee drill program

YUKON – Kaminak Gold Corp. of Vancouver has completed a flow-through share offering that raised $10 million, allowing the company to extend the drilling program at its Coffee project in the White Gold district. The underwriters of the...

Canadian Mining Journal Staff | September 17, 2012 | 4:59 pm

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