Canadian Mining Journal Staff

GOLD STUDY: Spanish Mountain project advances to feasibility stage

BRITISH COLUMBIA – Vancouver-based Spanish Mountain Gold is moving forward with a feasibility study of its Spanish Mountain gold project 70 km northeast of Williams Lake without waiting for the completion of the pre-feasibility report....

Canadian Mining Journal Staff | February 22, 2012 | 4:59 pm

GOLD STUDY: Pit and underground planned at Maverick

MANITOBA – Auriga Gold Corp. of Toronto is planning both open pit and underground mining at its Maverick gold project near Flin Flon. This is the recommendation of the recent preliminary economic assessment of the project.

Canadian Mining Journal Staff | February 22, 2012 | 4:58 pm

COPPER DEVELOPMENT: Nevada Copper breaks ground for Pumpkin Hollow shaft

NEVADA – Ground was broken on Feb. 18, 2012, for the shaft at the Pumpkin Hollow copper project belonging to Nevada Copper of Vancouver. The ceremony was attended by governor Brian Sandoval, former state assembly speaker Joe Dini,...

Canadian Mining Journal Staff | February 22, 2012 | 4:57 pm

ROCK BREAKING: New Atlas Copco breaker boasts high efficiency

STOCKHOLM – Atlas Copco has introduced a new HB 4100 hydraulic breaker that it says is lighter, performs better and is more efficient than its predecessor. The company said it is in the “double-digit percentage range” better.

Canadian Mining Journal Staff | February 22, 2012 | 4:56 pm

COPPER RESOURCE: Castle grows numbers at Granduc

BRITISH COLUMBIA – The most recent resource numbers from the Granduc copper project of Castle Resources of Vancouver are a large jump over those of a year ago (see CMJ January 2012). Using a net smelter return cut-off of $40, the...

Canadian Mining Journal Staff | February 21, 2012 | 5:00 pm

COPPER-NICKEL STUDY: Costs to top $1-B for Ferguson Lake project

NUNAVUT – The original preliminary economic assessment for the Ferguson Lake copper-nickel-cobalt project 160 km southwest of Baker Lake outlined economic potential, and so does the updated study, says owner Starfield Resources of...

Canadian Mining Journal Staff | February 21, 2012 | 4:59 pm

MERGER: Quadra FNX shareholders okay KGHM deal

VANCOUVER – Shareholders of Quadra FNX have approved the arrangement that will see KGHM Polska Miedz purchase all the outstanding shares and warrants of the Canadian company for a total of $3.5 billion. The deal was approved by over 78%...

Canadian Mining Journal Staff | February 21, 2012 | 4:58 pm

SALE: Dia Bras to unload Peruvian hydro assets in $48-M deal

PERU – Dia Bras Exploration of Toronto reports its subsidiary Sociedad Minera Corona has agreed to sell its hydroelectric assets to Volcan Compania Minera for US$46.78 million. Dia Bras will net US$24.5 million by virtue of its 81.7%...

Canadian Mining Journal Staff | February 21, 2012 | 4:57 pm

TRUCK TRANSPORT: New JV to supply heavy duty natural gas engine

VANCOUVER – Cummins Westport, a joint venture of large engine maker Cummins and Westport Innovations a company specializing in natural gas engines, will be building a new truck engine for the regional haul truck-trailer market. The new...

Canadian Mining Journal Staff | February 21, 2012 | 4:56 pm

DIAMOND DEVELOPMENT: Fly-through Renard project with digital view

QUEBEC – Stornoway Diamond Corp. of Vancouver is readying its Renard diamond project in the Otish Mountains for the start of production in 2015, and excitement is building around Quebec’s first diamond mine.

Canadian Mining Journal Staff | February 20, 2012 | 5:00 pm

GOLD-COPPER STUDY: Shaft to be sunk at Upper Beaver

ONTARIO – Toronto-based Queenston Mining is making plans to sink an exploration shaft at its Upper Beaver gold-copper property near Kirkland Lake, thanks to the conclusions of the preliminary economic assessment prepared by P&E Mining...

Canadian Mining Journal Staff | February 20, 2012 | 4:59 pm

GOLD STUDY: Pre-feasibility for Taylor project “conservative”

ONTARIO – St Andrew Goldfields (SAS) of Toronto says the estimated amount of contained gold has increased by one million ounces at its Taylor gold project near Timmins. Total measured and indicated resources are 38.3 million tonnes at an...

Canadian Mining Journal Staff | February 20, 2012 | 4:58 pm

MATERIAL HANDLING: Eriez offers express delivery on vibratory feeders

ERIE, Pennsylvania - Eriez is now offers five-day express delivery on 32 electromagnetic vibratory feeder models for customers with approved credit. Feeders Fast, part of the EriezXpress 5-Day program, is a service created to offer customers...

Canadian Mining Journal Staff | February 20, 2012 | 4:57 pm

ENVIRONMENT: Vale pledges $2-B to Sudbury “Clean AER” project

ONTARIO – Brazilian owner Vale has approved a $2-billion project to reduce airborne emissions from its Sudbury nickel smelter. The Clean AER (atmospheric emissions reduction) project will reduce sulphur dioxide emissions 70% from current...

Canadian Mining Journal Staff | February 16, 2012 | 5:00 pm

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