Canadian Mining Journal Staff

MINING PEOPLE IN THE NEWS: High River Gold, KGHM International and Shore Gold

High River Gold of Toronto has named Yury Lopukhin its new CEO and Greorgy Smirnov its CFO. Lopukhin is also the senior financial manager at Severstal Gold, a subsidiary of Nord Gold, High River's controlling shareholder.

Canadian Mining Journal Staff | May 16, 2012 | 4:57 pm

Updated: Hana plunges on Ghanzi scoping study

VANCOUVER — Hana Mining's share price dropped 68% after the company released a long-awaited first economic study on the Banana Zone and Zone 5 at its 70%-owned Ghanzi project in Botswana.

Canadian Mining Journal Staff | May 16, 2012 | 4:56 pm

PERSPECTIVE: The cost of moving Pebble forward

I know an engineer who says anything is possible if you throw enough money at it. The costs associated with the development of the Pebble copper-gold-molybdenum project in Alaska come to mind when thinking in this vein.

Canadian Mining Journal Staff | May 15, 2012 | 5:00 pm

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

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