Canadian Mining Journal Staff, Author at Canadian Mining Journal

CANADA DAY: Teck celebrates with donation to Trans Canada Trail

VANCOUVER – To celebrate our country’s 145th birthday, Teck Resources has made a $1-million donation to complete a section of the Trans Canada Trail connecting communities in the Kootenays. Teck's investment will help support...

Canadian Mining Journal Staff | June 28, 2012 | 5:01 pm

FINANCING: Loan puts Appalaches’ Dufferin mine closer to reopening

NOVA SCOTIA –The Global Resource Fund of Renvest Mercantile Bancorp has agreed to loan Ressources Appalaches of Rimouski, QC, US$8.5 million for capital expenditures associated with reopening the Dufferin gold mine near Port Dufferin. The...

Canadian Mining Journal Staff | June 28, 2012 | 5:00 pm

GOLD MINING: Kirkland Lake raises $50M for expansion

ONTARIO – Kirkland Lake Gold, headquartered in the town of the same name, is raising $50 million with which to expand its gold mining operations. The underwriters, led by Dundee Securities, have agreed to purchse 50,000 convertible...

Canadian Mining Journal Staff | June 28, 2012 | 4:59 pm

COPPER-GOLD EXPLORATION: Massey mine drilling tests IP anomalies

ONTARIO – Mag Copper of Toronto has been drilling at the old Massey copper-gold mine 60 km west of Sudbury to test a series of parallel induced polarization anomalies at depth and along strike of the old mine workings. The assays are...

Canadian Mining Journal Staff | June 28, 2012 | 4:58 pm

SILVER-ZINC-LEAD RESOURCE: Alexco releases initial numbers for Flame & Moth and Bermingham

YUKON – Alexco Resource Corp. of Vancouver has increased its indicated resources at its Keno Hill properties with the release of new numbers for two of its deposits.

Canadian Mining Journal Staff | June 28, 2012 | 4:58 pm

Western Potash takes novel approach

When Western Potash Corp. starts commercial production at its Milestone potash mine in 2016 it will draw much of its water from treated sewage effluent from the city of Regina, about 30 km away.

Canadian Mining Journal Staff | June 28, 2012 | 4:57 pm

PERSPECTIVE: Orbite’s busy week, month

If the number of news releases is anything to go by, Orbite Aluminae of Montreal is hands down the busiest mineral industry player in Canada. The company has made four major announcements in the past week alone. And since Orbite released the...

Canadian Mining Journal Staff | June 27, 2012 | 5:00 pm

ZINC-LEAD-SILVER STUDY: PFS, new resource numbers make Prairie Creek attractive

NORTHWEST TERRITORIES – Vancouver-based Canadian Zinc Corp. has positive results from the preliminary feasibility study for the Prairie Creek zinc-lead-silver mine 200 km west of Forth Simpson. New resource and reserve estimates have also...

Canadian Mining Journal Staff | June 27, 2012 | 4:59 pm

GOLD MINING: Kyrgyz government review of Kumtor puts Centerra on edge

KYRGYZSTAN – A parliamentary review of the Kumtor gold mine belonging to Centerra Gold of Toronto has the company defending its position and taking a hit on the stock price earlier this week.

Canadian Mining Journal Staff | June 27, 2012 | 4:58 pm

Bolivia seizes Glencore mine

Bolivia’s recent decision to nationalize Glencore’s Colquiri [zinc-tin] mine “will pose a number of serious questions relating to the government’s future policy towards foreign investment in the mining sector,” the...

Canadian Mining Journal Staff | June 27, 2012 | 4:57 pm

GOLD EXPLORATION: Agnico makes new discovery at Meliadine

NUNAVUT – Toronto’s Agnico-Eagle Mines has discovered a new zone of gold mineralization at tis Meliadine project 28 km northwest of Rankin Inlet. The Normeg zone lies on the west end of the Wesmeg deposit. Drilling returned assays...

Canadian Mining Journal Staff | June 26, 2012 | 5:00 pm

TUNGSTEN MINING: CanTung mine back in production

NORTHWEST TERRITORIES – Earlier this month, North American Tungsten of Vancouver was considering a suspension at the CanTung mine after heavy precipitation and rapid snow melt washed out the Nahanni Range Road. The route is the only...

Canadian Mining Journal Staff | June 26, 2012 | 4:59 pm

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