Canadian Mining Journal Staff

Roxgold rushes initial resource at Yaramoko

VANCOUVER — Vancouver-based explorer Roxgold continues to advance its Yaramoko gold project in Burkina Faso, West Africa, despite lingering questions stemming from an unresolved proxy battle with a group of prominent shareholders. The...

Canadian Mining Journal Staff | August 8, 2012 | 4:55 pm

PERSPECTIVE: Value, volume of Canadian mining deals drops

Vancouver-based Ernst & Young has taken a look at the value and volume of Canadian mining and metals deals and found them to be down 41% and 26%, respectively. The reasons are twofold: rising capital costs and softening commodity prices.

Canadian Mining Journal Staff | August 7, 2012 | 5:00 pm

PLATINUM GROUP EXPLORATION: Minfocus finds significant grades at Nipigon Reefs

ONTARIO – Minfocus Exploration of Vancouver says that more sampling of drill core from recent holes has returned additional significant intercepts from the Nipigon Reefs (Seagull) project 70 km north of Thunder Bay. Holes WM122-34 to...

Canadian Mining Journal Staff | August 7, 2012 | 4:59 pm

GOLD MINING: Osisko sets monthly records

QUEBEC – Last week Osisko Mining of Montreal announced that the secondary crusher installation is complete at its Canadian Malartic gold mine 25 km west of Val d’Or. The addition of a secondary crusher facility consisting of two...

Canadian Mining Journal Staff | August 7, 2012 | 4:58 pm

NEW NAME: Ivanhoe Mines becomes Turquoise Hill Resources

VANCOUVER – The  name change is official – the company formerly known as Ivanhoe Mines is now Turquoise Hill Resources Ltd. The name change was part of the April 2012 agreement signed with Rio Tinto to fund the copper-gold...

Canadian Mining Journal Staff | August 7, 2012 | 4:57 pm

Kinross names new CEO

Kinross Gold’s Tye Burt joins a growing list of fallen CEOs for companies struggling to keep investors satisfied in the current market condition, where cost escalations are causing project delays and internal reviews of assets.

Canadian Mining Journal Staff | August 7, 2012 | 4:56 pm

ABORIGINAL AFFAIRS: Kluane First Nation, Prophecy Platinum reach accord on Wellgreen

YUKON – Prophecy Platinum of Vancouver and the Kluane First Nation have reached a co-operation and benefits agreement for the Wellgreen nickel-copper-PGM project 317 km northwest of Whitehorse. The agreement covers Prophecy’s...

Canadian Mining Journal Staff | August 2, 2012 | 4:59 pm

MINERAL PROCESSING: Trevali to go forward with stand-alone mill for Halfmile

NEW BRUNSWICK – Although a bulk sample from the Halfmile Zn-Pb-Cu project was successfully toll milled at Xstrata’s Brunswick mill, Trevali Mining Corp. of Vancouver  has decided to proceed with a stand-alone mill for the mine...

Canadian Mining Journal Staff | August 2, 2012 | 4:58 pm

IRON ORE EXPLORATION: Rogue intercepts 482 metres of 40% Fe near Timmins

ONTARIO – Rogue Iron Ore Corp. of Vancouver is drilling its flagship Radio Hill iron ore property 80 km southwest of Timmins and getting long-and-strong intercepts. One hole cut 482 metres of 40% total iron (tFe), another returned 126...

Canadian Mining Journal Staff | August 2, 2012 | 4:57 pm

Commentary: Ontario and Quebec propose changes to mining rules

Interestingly, both Ontario and Quebec are proposing significant changes to their respective mining legislation.

Canadian Mining Journal Staff | August 2, 2012 | 4:56 pm

NICKEL EXPLORATION: Ressources Quebec invests $12M in Dumont project

QUEBEC – Ressources Quebec, a new Investissement Quebec subsidiary that focuses on mining and hydrocarbon industries, has agreed to invest $12 million in the Dumont advanced exploration nickel project. The investment will earn Ressources...

Canadian Mining Journal Staff | August 1, 2012 | 5:00 pm

IRON ORE MINING: Iron ore production, trade set records in 2011

GENEVA – UNCTAD, the United Nations Conference on Trade and Development, says global iron ore production set a new record, 1.92 billion tonnes, in 2011. International iron ore trade also set a record, 1.12 billion tonnes, the 10th year in...

Canadian Mining Journal Staff | August 1, 2012 | 4:59 pm

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