Canadian Mining Journal Staff, Author at Canadian Mining Journal

IRON STUDY: Kami PEA carries $1-B development price

LABRADOR - The preliminary economic assessment for developing the Rose Central deposit of the Kamistiatusset iron ore property comes with a US$989 million price tag says owner Alderon Resource Corp. The property is 6 km south of the Wabush...

Canadian Mining Journal Staff | September 8, 2011 | 5:00 pm

GOLD EXPLORATION: Open pit potential expanding at Valentine Lake

NEWFOUNDLAND - Marathon Gold of Toronto says the open pit resource potential of the Leprechaun gold deposit continues to expand. The Leprechaun deposit is part of the Valentine Lake property 60 km south of Buchans. The project is a 50:50 joint...

Canadian Mining Journal Staff | September 8, 2011 | 4:59 pm

AGREEMENT: Probe Mines, First Nations ink MOU for Borden Lake gold project

ONTARIO - Probe Mines of Toronto has entered into a memorandum of understanding with the Brunswick House, Chapleau Cree and Chapleau Ojibwe First Nations communities. The agreement establishes a commitment by Probe to develop an ongoing...

Canadian Mining Journal Staff | September 8, 2011 | 4:58 pm

HUMAN RESOURCES: MiHR looks 10 years into the future

OTTAWA - Human resources challenges continue to threaten the future competitiveness of the Canadian mining industry. A combination of factors including the pending retirement of the baby boom generation, difficulties in attracting and engaging...

Canadian Mining Journal Staff | September 7, 2011 | 5:00 pm

Quebec tax burdens miners

An independent study conducted by PwC on provincial taxation of mining companies in Canada reveals that nearly 41% of mining profits in Quebec are paid as taxes and royalties, including the federal component, while the Canadian weighted average...

Canadian Mining Journal Staff | September 7, 2011 | 5:00 pm

HUMAN RESOURCES: Vale hiring 60 underground miners in Sudbury

ONTARIO - Vale is embarking on a campaign to hire 60 new underground miners at its operations in Sudbury. The company also currently has postings for a number of other jobs, including engineers, supervisors, surface plant operators and...

Canadian Mining Journal Staff | September 7, 2011 | 4:59 pm

CAPITAL DEMAND: Cost of Donlin gold development expected to be US$6 billion

ALASKA - The feasibility study completed on the Donlin gold project (formerly Donlin Creek) in 2009 is being updated to include power generation utilizing natural gas delivered to site via a proposed 500-km natural gas pipeline from the Cook...

Canadian Mining Journal Staff | September 7, 2011 | 4:58 pm

PERSPECTIVE: Going for gold

As investors flock to the Swiss franc, that country's central bank has taken the exceptional step of setting an exchange rate for the franc against the euro. The minimum rate is to be 1.20 franc to 1.00 euro. Moreover, the Swiss National Bank...

Canadian Mining Journal Staff | September 6, 2011 | 5:00 pm

GOLD EXPLORATION: Continuity, potential extension look good for Casa Berardi mine

QUEBEC - The initial results from exploration drilling on the 550 level at the Casa Berardi gold mine are encouraging, according to owner Aurizon Mines of Vancouver. The project is located 95 km north of La Sarre.

Canadian Mining Journal Staff | September 6, 2011 | 4:59 pm

GOLD EXPLORATION: Wesdome finds new prospect along Cadillac Break

QUEBEC - Wesdome Gold Mines of Toronto has identified new gold occurrences along the Cadillac Break during winter drilling only 3.5 km southwest of its Kiena gold mine in Val d'Or. Highlights included 101.03 g/t over 1.0 metre, 29.38 g/t over...

Canadian Mining Journal Staff | September 6, 2011 | 4:58 pm

MINING PEOPLE IN THE NEWS: Atlanta Gold, Champion Minerals and Kilo Goldmines

Warren Holmes has been named the interim CEO of Atlanta Gold of Toronto. His 40+ years of mining experience was gained with Noranda and Falconbridge. The company has begun a search for a permanent CEO.

Canadian Mining Journal Staff | September 6, 2011 | 4:57 pm

GOLD EXPLORATION: Work goes underground at O’Brien-Kewagama project

QUEBEC - Radisson Mining Resources of Rouyn-Noranda, QC, is moving forward at its O'Brien-Kewagama gold project with the announcement that it is ready to start an underground exploration program.

Canadian Mining Journal Staff | September 1, 2011 | 5:00 pm

COAL PROCESSING: Positive washability results from Overflowing property

MANITOBA - Saturn Minerals of Vancouver says the initial washability tests on coal from its Overflowing property are positive. The property lies only 8 km east of the Saskatchewan-Manitoba border, in the Karolina Basin. The washability tests...

Canadian Mining Journal Staff | September 1, 2011 | 4:59 pm

ERNST & YOUNG SURVEY: Mining deals in first half of 2011 double year earlier

VANCOUVER - According to information compiled by Ernst & Young, the value of mining and metals deals involving Canadian companies in the first half of 2011 was double what it was in 1H 2010. Canadians made more acquisitions (196) than...

Canadian Mining Journal Staff | August 31, 2011 | 5:00 pm

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