Canadian Mining Journal Staff

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

Finning awarded $96 million equipment deal with Hargreaves Service

Finning International Inc is pleased to announce that its U.K. and Ireland division has secured a seven-year mining equipment and service contract with Hargreaves Services for a total value of approximately $96 million Cdn. Under this contract,...

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

Imperial’s Red Chris project receives mine permit

Imperial Metals Corporation, Vancouver, has just announced that the Province of British Columbia has issued a Mines Act permit its for Red Chris mine project. Development will include a 30,000 tonne per day milling operation and related...

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

URANIUM RESOURCE: Amer Lake may contain over 20-M lb U3O8

NUNAVUT – Uranium North Resource Corp. of Vancouver has boosted the inferred uranium resource on its 100% owned Amer Lake property in the Thelon Basin to 20.9 million lb U3O8 from 19.3 million lb. Using a cut-off grade of 0.01% U3O8, the...

Canadian Mining Journal Staff | May 3, 2012 | 3:18 pm

SURVEYING: Tablet, 3-D laser make underground measurement safer

OSHAWA, Ontario - GeoSight Inc has recently introduced what it believes is a ground breaking cavity scanning system that can be used for underground surveying. The MINEi is completely wireless and unmanned and will geo-reference itself using...

Canadian Mining Journal Staff | May 3, 2012 | 3:17 pm

ACQUISITION: NSK to buy stake in Chinese bearing maker

TOKYO – NSK Ltd. announced that it has decided to acquire a 10% stake in Gongzhuling Bearing Co. headquartered in Jilin Province, China. NSK has agreed to purchase new shares issued by Gongzhuling through a third party allotment scheduled...

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

Bolero jumps on graphite trend

VANCOUVER — Proving there is still healthy demand for new graphite plays, new entrant Bolero Resources' share price nearly doubled after announcing it had secured some prospective graphite claims in northern Ontario.

Canadian Mining Journal Staff | May 3, 2012 | 3:09 pm

Labrador’s iron ore goes global

The world-class Labrador Trough iron mining district has long been a bastion of stability in the often uncertain world of mining.

Canadian Mining Journal Staff | May 3, 2012 | 9:12 am

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