Canadian Mining Journal Staff

GOLD EXPLORATION: Casa Berardi mine yields more stacked lenses

QUEBEC – The exploration drilling program undertaken by Aurizon Mines of Vancouver at its Casa Berardi gold mine 65 km north of La Sarre has identified additional stacked lenses. The program was undertaken to improve the quality of the...

Canadian Mining Journal Staff | May 15, 2012 | 4:59 pm

MINERAL PROCESSING: Trevali to acquire Maple Minerals and Caribou mill

NEW BRUNSWICK – Trevali Mining Corp. of Vancouver and Maple Minerals have agreed to an business combination whereby Trevali is offering to issue 20 million common share and 4 million share purchase warrants to Maple, a deal that has an...

Canadian Mining Journal Staff | May 15, 2012 | 4:58 pm

Hana sets out financials for Ghanzi project

Hana Mining has released the first economic study on its Banana zone and zone 5 at its 70%-owned Ghanzi project in Botswana.

Canadian Mining Journal Staff | May 15, 2012 | 4:57 pm

FINANCING: HudBay to issue notes worth $400-M

TORONTO – HudBay Minerals has announced its intention to offer senior unsecured notes in the aggregate principal amount of US$400 million. They will be due in 2020. The company’s brief news release said it intends to use the...

Canadian Mining Journal Staff | May 14, 2012 | 5:00 pm

MINERAL PROCESSING: Fire reported in Osisko’s Malartic mill

QUEBEC – Osisko Mining Corp. of Montreal reported on May 10, 2012, that there had been a fire in its Malartic gold mill. Evidently, the fire was started by welding in proximity to the No.4 cyclone area about 11:45 pm on May 9 and spread...

Canadian Mining Journal Staff | May 14, 2012 | 4:59 pm

GOLD-COPPER STUDY: Seabridge tweaks KSM pre-feasibility

BRITISH COLUMBIA – Toronto-based Seabridge Gold has revised the pre-feasibility study for its KSM gold-copper project 65 km northwest of Stewart. The base case life of mine cash operating costs are estimated at only $148/oz of gold...

Canadian Mining Journal Staff | May 14, 2012 | 4:58 pm

ACQUISITION: Geotech absorbs Aeroquest

AURORA, Ontario – Geotech Ltd., a world leader in airborne geophysical surveys, has acquired Aeroquest International and its subsidiaries. Aeroquest shareholders approved the deal on May 3, 2012.

Canadian Mining Journal Staff | May 14, 2012 | 4:57 pm

Syncrude keeps on rolling

The Syncrude mine may not have been the first major oil operation in the Athabasca Oil Sands, but it was the second and it still stands as one of the region's dominant oil sand projects.

Canadian Mining Journal Staff | May 14, 2012 | 4:56 pm

Chinese steel giant invests heavily in Quebec iron ore property

Toronto to Shanghai is a long haul, even in the age of intercontinental air travel, and Allen Palmiere can attest to that because he’s made the 23-hour trip more than 20 times since taking over Adriana Resources Inc. of Toronto in June...

Canadian Mining Journal Staff | May 14, 2012 | 3:45 pm

Canadian market slumps as global outlook sours

Volatility continued to reign supreme as investors had to weather another down period in Toronto as troubles south of the border and across the Atlantic took centre stage. Rattled investors sent the TSX Composite Index down 332 points to...

Canadian Mining Journal Staff | May 10, 2012 | 5:00 pm

New mine planned for Northern Ontario

Ontario’s Ministry of Northern Development of Mines reports that Cliffs Natural Resources has announced a $3.3-billion investment to build a chromite mine, transportation corridor and processing facility in Northern Ontario’s...

Canadian Mining Journal Staff | May 10, 2012 | 5:00 pm

See you tomorrow

Your CMJ news site is under construction today but will return tomorrow.

Canadian Mining Journal Staff | May 9, 2012 | 5:00 pm

CIM Awards Gala salutes Canada’s top performers

The Awards Gala of the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) took place earlier this week at the Shaw Conference Centre in Edmonton, Alberta. Sponsored by Caterpillar and its Canadian dealers, this gala, held annually as...

Canadian Mining Journal Staff | May 8, 2012 | 5:00 pm

Canadian market slumps as global outlook sours

Volatility continued to reign supreme as investors had to weather another down period in Toronto as troubles south of the border and across the Atlantic took centre stage. Rattled investors sent the TSX Composite Index down 332 points to...

Canadian Mining Journal Staff | May 8, 2012 | 5:00 pm

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