Canadian Mining Journal Staff

RARE EARTHS-URANIUM STUDY: New PEA for Eco Ridge property

ONTARIO – Toronto-based Pele Mountain Resources has received an updated preliminary economic assessment for its Eco Ridge rare earths and uranium project at Elliot Lake. With a $2.16-billion pre-tax cash flow, a $1.02-billion net present...

Canadian Mining Journal Staff | April 16, 2012 | 4:58 pm

PUMPING: MDX technology from GIW lowers operating costs

GROVETOWN, Georgia – GIW Industries, perhaps the best known maker of centrifugal slurry pumps, recently installed MDX pump technology at a major Chilean copper mine. One result was a dramatic reduction of total cost of ownership, and the...

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

MINING PEOPLE IN THE NEWS: Avanti Mining, Equinox Exploration, Extorre, Golden Band and Strata Minerals

Avanti Mining of Vancouver has appointed Mark G. Premo its COO and CEO of its subsidiary, Avanti Kitsault Mine Ltd. He has a BSc in civil engineering from Michigan Technological University, and was most recent president and CEO of Chevron...

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

FINANCING: North American Palladium raises $35 million

ONTARIO – North American Palladium (NAP) of Toronto has raised $35 million through the sale of 11.3 million flow-through shares. Each share was priced at $3.10. The proceeds of the offering will be used for eligible exploration activities...

Canadian Mining Journal Staff | April 12, 2012 | 5:00 pm

METALLURGICAL TESTS: Clifton Star notes excellent gold recovery from Beattie tailings

QUEBEC – Clifton Star Resources of Quebec City says the recent metallurgical tests of samples from the tailings of the former Beattie mine returned an overall gold recovery rate of 83.5%. The Beattie mine is part of the Duparquet advanced...

Canadian Mining Journal Staff | April 12, 2012 | 4:59 pm

MINING PEOPLE IN THE NEWS: Eriez, Mammoth Resources, Renforth, Richmont Mines, Rogue Iron Ore and Spur Ventures

Jaisen Kohmeunch has been promoted to the newly created position of deputy managing director of the Eirez Flotation Division USA. He joined the company 10 years ago as a research engineer, and most recently served as manager of the R&D...

Canadian Mining Journal Staff | April 12, 2012 | 4:58 pm

PERSPECTIVE: Bonanza gold grades at Upper Canada, Monster Lake

Like most CMJ readers, I get a shiver up my spine at the thought of bonanza gold grades. So it was with excitement I read that Toronto’s Queenston Mining (Queenston.ca) had intersected 42.4 g/t Au at its Upper Canada property in Kirkland...

Canadian Mining Journal Staff | April 11, 2012 | 5:00 pm

TUNGSTEN STUDY: Updated PEA for Grey River deposit remains positive

NEWFOUNDLAND – Playfair Mining of Vancouver says the preliminary economic assessment for its 100% owned Grey River tungsten deposit on the south coast indicates that a mining project is potentially viable and will return a positive net...

Canadian Mining Journal Staff | April 11, 2012 | 4:59 pm

NICKEL EXPLORATION:Bulk mining under study for Kilometre 26 project

BRITISH COLUMBIA – Fort St. James Nickel Corp. of Vancouver is developing a model for a nickel mine at the Kilometre 26 property in the Opemica District. The company says the model is being created with the same economies of scale...

Canadian Mining Journal Staff | April 11, 2012 | 4:58 pm

EXCAVATOR: Hitachi builds EX5600-6 to customer requirements

MOLINE, Illinois – After listening to customer demands for reliability and even greater production in ultra-large hydraulic excavators than before, Hitachi has brought its new EX5600-6 to market. Available in either an excavator or...

Canadian Mining Journal Staff | April 11, 2012 | 4:57 pm

Shell to conserve 740 ha of forest in northern Alberta

Calgary’s Shell Canada has purchased 740 ha of land in northern Alberta to conserve the boreal forest habitat near its oil sands operations. The conserved area, now called the Shell True North Forest, was privately owned land previously...

Canadian Mining Journal Staff | April 10, 2012 | 5:00 pm

CORPORATE SOCIAL RESPONSIBILITY: Fortune completes additional community meetings for NICO project

NORTHWEST TERRITORIES – Fortune Minerals of Toronto has completed another round of successful public meetings and an open house in Yellowknife and the four Tlicho communities surrounding the company’s NICO gold-cobalt-bismuth-copper...

Canadian Mining Journal Staff | April 10, 2012 | 4:59 pm

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