Canadian Mining Journal Staff

TIRES: Fountain, Royal tie the knot

EDMONTON, Alberta, and SAULT STE. MARIE, Ontario – As part of its growth strategy, Fountain Tire, one of Canada’s premier tire and automotive service retailers, today announced that it has entered into a 50/50 partnership with Royal...

Canadian Mining Journal Staff | July 9, 2012 | 4:56 pm

Papua New Guinea continues to scare off miners

Aldridge Minerals has added its name to a growing list of mining companies leaving or looking to leave Papua New Guinea (PNG).

Canadian Mining Journal Staff | July 9, 2012 | 4:55 pm

BOUGHT DEAL: Atac raises $15.7M for Rackla gold project

YUKON – Atac Resources of Vancouver has closed a $15.7-million bought deal private placement. The bulk of the proceeds will be used to explore the company’s Rackla gold project 55 km northeast of Keno City.

Canadian Mining Journal Staff | July 5, 2012 | 5:00 pm

SILVER-LEAD-ZINC RESOURCE: Silvercorp reports Silvertip numbers

BRITISH COLUMBIA – Vancouver’s Silvercorp Metals has received the first independent 43-101-compliant report for the Silvertip silver-lead-zinc property 85 km southwest of Watson Lake. The report was prepared by Golder Associates.

Canadian Mining Journal Staff | July 5, 2012 | 4:59 pm

GOLD RESOURCE: Clifton Star files Duparquet figures

QUEBEC – Clifton Star Resources of Quebec City has filed a 43-101 study for its Duparquet project, including the Beattie tailings, 45 km northwest of Rouyn-Noranda. The total resource is 19,000 tonnes at 2.10 g/t Au (measured), 29.6...

Canadian Mining Journal Staff | July 5, 2012 | 4:58 pm

LOAD-HAUL-DUMPER: Atlas Copco celebrates sale of 100th Scooptram ST7

SWEDEN - Atlas Copco is celebrating the 100th sale of its Scooptram ST7 loader, confirming the international success of this new generation LHD in terms of underground loading technology and design.

Canadian Mining Journal Staff | July 5, 2012 | 4:57 pm

Barrick undeterred by latest Argentinian court ruling

Despite an unfavorable court ruling, Barrick Gold is confident that its Pascua Lama project will push ahead.

Canadian Mining Journal Staff | July 5, 2012 | 4:56 pm

PERSPECTIVE: How to keep mining families rock solid

Families whose members work in the mining industry face certain challenges not common to urban households. In a large country, the worksite may be hundreds, or a thousand, kilometres from home. The mine employee may be gone for weeks at a time,...

Canadian Mining Journal Staff | July 4, 2012 | 5:00 pm

DIAMOND DEVELOPMENT: Stornoway nixes power line for Renard project

QUEBEC – Stornoway Diamond Corp. of Montreal has studied the feasibility of building a 161-kV power line to supply grid power to the Renard diamond project in the Otish Mountains. According to the study prepared by Hydro-Quebec, the...

Canadian Mining Journal Staff | July 4, 2012 | 4:59 pm

CHROMITE RESOURCE: Big Daddy number updated ahead of mine design

QUEBEC – KWG Resources of Montreal has taken delivery of a new resource estimate for the Big Daddy chromite deposit near McFaulds Lake. The report was prepared by Sibley Basin Group based on 13,459 metres of core drilling completed in...

Canadian Mining Journal Staff | July 4, 2012 | 4:58 pm

INDUSTRIAL MINERALS: Canadian zeolite could be answer to Japanese radiation

VANCOUVER – Canadian Mining Company (CMC) has received a request from the Japanese trade commissioner requesting samples of clinoptilolite zeolite from the company’s deposits near Princeton, BC.

Canadian Mining Journal Staff | July 4, 2012 | 4:57 pm

Barkerville climbs 50% on 10.6-million-oz. resource

VANCOUVER — Barkerville Gold Mines' share price has climbed more than 50% since the company put out a 10.6-million-oz gold resource estimate for its Cow Mountain deposit, but questions remain as to the accuracy of the estimate.

Canadian Mining Journal Staff | July 4, 2012 | 4:56 pm

GOLD-COPPER MINING: Production begins at New Afton mine, mill

BRITISH COLUMBIA – New Gold of Vancouver says production at its New Afton gold-copper mine and mill has begun, with the first ore fed to the mill on June 28, 2012. The mill is running continually, and the company expects commercial...

Canadian Mining Journal Staff | July 3, 2012 | 5:00 pm

FEED STUDY: Fortune releases highlights of study for NICO project

LONDON, Ontario – Fortune Minerals has released the highlights of the front end engineering and design study for its Nico gold-cobalt-bismuth-copper mine and mill near Yellowknife, YT, and a hydrometallurgical refinery, the Saskatchewan...

Canadian Mining Journal Staff | July 3, 2012 | 4:59 pm

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