Canadian Mining Journal Staff, Author at Canadian Mining Journal

IRON MINING: LIM signs sales agreement with IOC

LABRADOR – Toronto-based Labrador Iron Mines Holdings (LIM) has signed an agreement to sell its entire 2012 iron ore output to Iron Ore Company of Canada. IOC will sell the iron ore on the spot market for delivery to Asian customers. By...

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

SILVER EXPLORATION: Abcourt-Barvue yields very high silver grade

QUEBEC – Abcourt Mines of Mont-St-Hilaire, QC, reports silver assays as high as 4,696.0 g/t Ag and 11.75% Zn from drilling in the western part of the Abcourt-Barvue orebody. The former Abcourt-Barvue mine, 60 km north of Val d’Or,...

Canadian Mining Journal Staff | February 15, 2012 | 4:59 pm

GOLD MINE: Former Brewery Creek mine changes hands

YUKON – Golden Predator Corp. of Vancouver has bought up a 100% interest in the former Brewery Creek gold mine 55 km east of Dawson City from previous owner Alexco Resource Corp. subject to a 2% net smelter return. Golden Predator will...

Canadian Mining Journal Staff | February 15, 2012 | 4:58 pm

MINING PEOPLE IN THE NEWS: Fairmont Resources, Galantas, Kilo Goldmines, Nuinsco/Ocean Partners, Oracle Mining and Strike Minerals

Vancouver’s Fairmont Resources has named Neil Pettigrew its president and CEO replacing John Bevilacqua. Both men will sit on the company board of directors. Pettigrew is the holder of both a geology degree from the University of New...

Canadian Mining Journal Staff | February 15, 2012 | 4:57 pm

FINANCING: $277-M raised to finish Detour Lake gold mine

ONTARIO – Toronto-based Detour Gold has complete the last part of construction financing, a $276.9-million bought deal, for the Detour Lake gold project 185 km northeast of Cochrane. Most of the net proceeds to complete the $1.45-billion...

Canadian Mining Journal Staff | February 14, 2012 | 5:00 pm

SMELTING: First AP60 cell delivered to Rio Tinto Alcan

QUEBEC – Rio Tinto Alcan of Montreal says the first AP60 cell has arrived at the Arvida AP60 Technology Centre in Saguenay-Lac-Saint-Jean. The company believes the AP60 technology will become an aluminum industry benchmark due to its low...

Canadian Mining Journal Staff | February 14, 2012 | 4:59 pm

GOLD RESOURCES: Castillian calls Hope Brook “major” deposit

NEWFOUNDLAND – Castillian Resources of Toronto released its first 43-101 report for the former Hope Brook gold mine near Port aux Basques, calling it a “major gold deposit”. The indicated resource (both inside and below the...

Canadian Mining Journal Staff | February 14, 2012 | 4:58 pm

RECOGNITION: Petaquilla Gold largest exporter in Panama for second consecutive year

PANAMA – For the second consecutive year Petaquilla Gold, a subsidiary of Petaquilla Minerals of Vancouver, has received public recognition for being the largest exporter in Panama in 2011. The designation commemorated at an event in...

Canadian Mining Journal Staff | February 14, 2012 | 4:57 pm

PERSPECTIVE: Mining can help dig Ontario out of debt

Ontario's growing mineral industry can offer hope and opportunity to individuals and also assistance to government with its deficit problem. This was the message in a letter sent from Ontario Mining Association president Chris Hodgson to...

Canadian Mining Journal Staff | February 13, 2012 | 5:00 pm

FINANCING: Canada Lithium secures $75-M toward lithium project

QUEBEC – Canada Lithium of Toronto has secured a five-year debt facility worth C$75 million. The money will be used to advance the Quebec Lithium open pit mine and mill 60 km north of Val d’Or. The money will be supplied by the Bank...

Canadian Mining Journal Staff | February 13, 2012 | 4:59 pm

GOLD HOLDINGS: Barrick to sell Russian interest

TORONTO – Barrick Gold has announced plans to sell its 20.4% interest in the Russian producer, Highland Gold. Purchased 10 years ago, this is Barrick’s only exposure to the Russian mining industry. The largest Highland Gold...

Canadian Mining Journal Staff | February 13, 2012 | 4:58 pm

PHILANTHROPY: Vale donates $150,000 to make sports available to children

SUDBURY, Ontario – On Feb. 11, 2012, Vale Canada made a $150,000 local donation to support kids’ sports for the next three years. The gift goes to the Human League’s Positive Leisure Activities for Youth (PLAY) program.

Canadian Mining Journal Staff | February 13, 2012 | 4:57 pm

First

Last

Canadian Mining Journal Staff

Posts by Canadian Mining Journal Staff: