Canadian Mining Journal Staff

ABORIGINAL RELATIONS: Explor signs MOU with First Nations

ONTARIO – Explor Resources of Rouyn-Noranda has signed a memorandum of understanding with the Flying Post First Nation of Nipigon and the Mattagami First Nation of Gogama with respect to Explor's Timmins Porcupine West gold property. The...

Canadian Mining Journal Staff | June 4, 2013 | 3:54 pm

SILVER-LEAD: Alexco tightens belt

YUKON – Due to the relatively low price of zinc and silver, Alexco Resource Corp. of Vancouver has announced several belt-tightening measures including layoffs, capital projects roll-back, vendor discussions, deferral of new mine...

Canadian Mining Journal Staff | June 4, 2013 | 3:52 pm

SOFTWARE: New XPAC release integrates seamlessly with Vulcan

BRISBANE, Australia – The latest release of the XPAC mine scheduling application from mining software providers RungePincockMinarco (RPM), has been launched. It includes the key productivity feature of seamless integration with...

Canadian Mining Journal Staff | June 4, 2013 | 3:49 pm

Endeavour gets El Cubo back on track

Endeavour Silver (EDR-T, EXK-N) has its El Cubo mine in Guanajuato, Mexico, up and running again.

Canadian Mining Journal Staff | June 4, 2013 | 3:47 pm

GOLD: Lexam combines estimates, evaluates pit potential

ONTARIO – Lexam VG Gold of Toronto has updated the combined resource estimates for its three adjoining properties – Buffalo Ankerite, Fuller and Paymaster – plus the nearby Davidson Tisdale property, all located in Timmins....

Canadian Mining Journal Staff | June 3, 2013 | 4:07 pm

DIAMONDS: Stornoway updates progress at Renard

QUEBEC – Montreal-based Stornoway Diamond Corp. is making good progress on its Renard diamond project in the north-central part of the province. Project financing, building the access road, and final permitting are all moving forward.

Canadian Mining Journal Staff | June 3, 2013 | 4:05 pm

MERGER: Hecla completes acquisition of Aurizon

COEUR D'ALENE, Idaho – Hecla Mining has completed its acquisition of Vancouver-based Aurizon Mines. Hecla has several silver mines and now adds the Casa Berardi gold mine in Quebec to its assets. The mine is expected to produce between...

Canadian Mining Journal Staff | June 3, 2013 | 4:03 pm

GOLD: Metallurgical preview of Preview SW sample promising

SASKATCHEWAN – La Ronge Gold Corp. of Vancouver has tested two samples of mineralized drill core from the Preview SW deposit 45 km northeast of La Ronge, and gold recovery is promising. Up to 72% of the gold was recovered in the gravity...

Canadian Mining Journal Staff | June 3, 2013 | 4:01 pm

New Gold sees opportunity in $310-million Rainy River deal

VANCOUVER — With junior equity valuations falling, it seems logical the market would have increased merger and acquisition activity by larger cap miners looking to score relative bargains on quality assets. And that seems to be the case...

Canadian Mining Journal Staff | June 3, 2013 | 3:58 pm

GOLD: Wolfden provides update on Clarence Stream

NEW BRUNSWICK – Wolfden Resources Corp. of Thunder Bay, ON, has updated the status of its flagship Clarence Stream gold project 70 km southwest of Fredericton. The first phase of the drill program to test some of the Proximal deposits has...

Canadian Mining Journal Staff | May 30, 2013 | 4:13 pm

GOLD: Sagging prices slow Pinson mining

NEVADA – The sagging price of the yellow metal has forced Atna Resources of Golden, CO, to reduce the pace of underground mining at its Pinson gold mine near Winnemucca. Operations are being temporarily downsized and mining will focus on...

Canadian Mining Journal Staff | May 30, 2013 | 4:12 pm

GENERATORS: Lucky customers get “birthday gifts” for Sommers 75th anniversary

TAVISTOCK, Ontario – Canada’s "Power House" in generator systems recently marked the conclusion of its 75th anniversary with customer gifts and a celebration overseen by three generations of its founding family.

Canadian Mining Journal Staff | May 30, 2013 | 4:08 pm

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