Canadian Mining Journal Staff, Author at Canadian Mining Journal

PERSPECTIVE: The merger-go-round is picking up speed

The merger-go-round is spinning again, perhaps not with the breakneck speed it had in 2006, but at a good pace nonetheless. That was the year that the hard-fought battles for Inco and Falconbridge brought new names - Vale and Xstrata - to...

Canadian Mining Journal Staff | February 6, 2012 | 5:00 pm

Responsible Mineral Development Initiative 2011 is available for free download.

Six steps to sustainable resource extraction

The World Economic Forum of Geneva and The Boston Consulting Group have published a report that outlines the six building blocks needed to help lift some of the world's least developed countries out of poverty by harnessing their mineral wealth.

Canadian Mining Journal Staff | February 6, 2012 | 5:00 pm

FINANCING: Rubicon raises $200-M in bought deal

ONTARIO - Rubicon Minerals of Vancouver is raising $200 million in a bought deal financing, the bulk of which will be used to develop its Phoenix gold project near Red Lake. A syndicate of investors has agreed to purchase 49 million common...

Canadian Mining Journal Staff | February 6, 2012 | 4:59 pm

AWARD: Barrick wins award for CSR best practice

TORONTO - Barrick Gold has won the award for best practice of corporate social responsibility (CSR) at the 2012 IR Magazine Canada Awards, held Feb. 1. The IR Magazine Awards are the leading international awards honoring excellence and...

Canadian Mining Journal Staff | February 6, 2012 | 4:58 pm

GOLD MINING: White Tiger restarts production from Lamaque north wall

QUEBEC - White Tiger Gold of the British Virgin Isles is restarting longhole ore production from the north wall of the Lamaque gold mine in Val d'Or. White Tiger acquired the mine with its takeover of Century Mining last year.

Canadian Mining Journal Staff | February 6, 2012 | 4:57 pm

NICKEL MINING: Shakespeare once again silenced

ONTARIO - Ursa Major Minerals has once again temporarily suspended mining at tits Shakespeare nickel mine 70 km west of Sudbury. The decision, this time, is not one of failing metal prices.

Canadian Mining Journal Staff | February 6, 2012 | 4:56 pm

MINING PEOPLE IN THE NEWS: Century Iron, Fire River Gold, Foraco and Peregrine Diamonds

Century Iron Mines of Toronto has appointed Hubert Vallee to the position of senior VP logistic, mine development and operations. A veteran of Cliffs Natural Resources and Consolidated Thompson, he will initially focus on logistical solutions...

Canadian Mining Journal Staff | February 6, 2012 | 4:55 pm

MERGER: Claude Resources ups interest in Amisk project

SASKATCHEWAN - Claude Resources of Saskatoon has completed the acquisition of St. Eugene Mining Corp. of Toronto. Claude acquired all the issued and outstanding common shares of St. Eugene in exchange for the issuance of approximately 9.6...

Canadian Mining Journal Staff | February 2, 2012 | 5:00 pm

ABORIGINAL RELATIONS: Quadra FNX, Atikameksheng Anishnawbek sign MOU for Victoria project

ONTARIO - Vancouver-based Quadra FNX Mining and the Atikameksheng Anishnawbek First Nation have signed a memorandum of agreement covering the Victoria nickel-copper project near Sudbury. The MOU will facilitate negotiation to reach a final...

Canadian Mining Journal Staff | February 2, 2012 | 4:59 pm

COPPER RESOURCE: Red Chris M&I number more than doubles

BRITISH COLUMBIA - The measured and indicated resources at the Red Chris copper-gold deposit have been more than doubled, according to owner Imperial Metals of Vancouver. The property is located 80 km south of Dease Lake.

Canadian Mining Journal Staff | February 2, 2012 | 4:58 pm

EQUITY OFFER: NovaGold to raise $332.5-M for Donlin gold development

ALASKA - NovaGold Resources of Vancouver has increased the size of its bought deal equity offering to US$332.5 million, a 33% jump from the US$250.8 million it announced it would raise on Feb. 1, 2012. The company will issue 35 million common...

Canadian Mining Journal Staff | February 2, 2012 | 4:57 pm

MINING PEOPLE IN THE NEWS: Andover, Belo Sun and Keegan

Kent Turner is now COO of Andover Mining Corp. of Vancouver. He has been actively involved in all phases of the mineral exploration business for more than 30 years. Turner spent much of his professional career with Cominco American.

Canadian Mining Journal Staff | February 2, 2012 | 4:56 pm

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