Canadian Mining Journal Staff

COMMENT: Mining in north to double by 2020

OTTAWA – The Conference Board of Canada has taken a close look and said that mining employment and production in Canada's north can almost double by the end of this decade. The Board sees Canada's overall northern metal and non-metallic...

Canadian Mining Journal Staff | January 28, 2013 | 4:07 pm

ENVIRONMENT: MVRB okays Fortune’s NICO mine and mill

NORTHWEST TERRITORIES – The Mackenzie Valley Review Board (MVRB) has recommended approval of the NICO gold-cobalt-bismuth-copper mine belonging to Fortune Minerals of London, ON. The board concluded that a full environmental review is not...

Canadian Mining Journal Staff | January 28, 2013 | 4:06 pm

GOLD: Rubicon updates on Phoenix construction

ONTARIO – Toronto-based Rubicon Minerals Corp. has updated its progress on the Phoenix gold mine and mill in the Red Lake area. The $241-million underground mine and 1,250-t/d mill will reach commercial rates in 2015 and operate for 12...

Canadian Mining Journal Staff | January 28, 2013 | 4:04 pm

COPPER: Xstrata says Las Bambas to cost $5.2B

PERU – Xstrata Copper says it is prepared to spend US$5.2 billion on the Las Bambas copper project in southern Peru.

Canadian Mining Journal Staff | January 28, 2013 | 4:03 pm

Eritrean trials and tribulations for Nevsun

Doing business in East Africa comes with its challenges, but Nevsun Resources has a robust outlook for its Bisha mine in Eritrea despite dealing with matters that miners closer to home would never encounter.

Canadian Mining Journal Staff | January 28, 2013 | 4:01 pm

COMMENT: Chrysotile found in McWatters nickel mine

The up-and-down fortunes of the McWatters nickel mine may be at a new low. Owner Liberty Mines of Toronto says that it has identified the presence of chrysotile in the orebody there. The mine operated off and on from 2009 to 2012, but it is...

Canadian Mining Journal Staff | January 24, 2013 | 4:28 pm

SILVER: NQ Exploration’s maiden resource for Carheil

QUEBEC – NQ Exploration of Laval, QC, has released the initial resource estimate for its 100% owned Carheil silver property in the northern Abitibi region. The Ag1 zone contains 379,000 indicated tonnes at 120.5 g/t Ag or 1.47 million...

Canadian Mining Journal Staff | January 24, 2013 | 4:25 pm

GOLD: Osisko wraps 2012, looks ahead to 2013

MONTREAL – Osisko Mining Corp. reports that for the first full year of production at its Canadian Malartic gold mine in Malartic, QC, 388,478 oz of gold were recovered. Output in 2012 was affected by a fire in the mill in May, several...

Canadian Mining Journal Staff | January 24, 2013 | 4:20 pm

GOLD: Centerra acquires all of Oksut project in Turkey

TURKEY – Centerra Gold of Toronto has completed the purchase of the 30% interest in the Oksut gold mine that belonged to partner Stratex International of London, UK, for US$20 million. Stratex will retain a 1% net smelter royal subject to...

Canadian Mining Journal Staff | January 24, 2013 | 4:17 pm

Endeavour Mining rises on West African promise and production

Strong production results and a promising preliminary economic assessment had Endeavour Mining shareholders feeling the love.

Canadian Mining Journal Staff | January 24, 2013 | 4:14 pm

MERGER: Aurizon says no to Alamos bid

VANCOUVER – In today's economic climate it appears difficult to take over an unwilling target. The board of directors at Aurizon Mines has unanimously recommended that its shareholders reject the hostile offer from Alamos Gold of Toronto....

Canadian Mining Journal Staff | January 23, 2013 | 4:06 pm

GOLD: IamGold updates Cote resource, offers 2013 guidance

TORONTO – The results of recent drilling at the Cote gold project between Timmins and Sudbury, ON, has allowed IamGold Corp. to update resource numbers, moving most of them into the indicated category. The indicated resource is now 269...

Canadian Mining Journal Staff | January 23, 2013 | 4:05 pm

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