Canadian Mining Journal Staff, Author at Canadian Mining Journal

INVESTMENT: Berkshire Hathaway backs Woulfe’s Korean tungsten venture

VANCOUVER – If their were a “deal of the week award”, Woulfe Mining would be in the running for attracting investment from Warren Buffet to its Sandong tungsten-molybdenum project in South Korea. Not Buffet personally, but IMC...

Canadian Mining Journal Staff | March 1, 2012 | 4:57 pm

GOLD STUDY: Timmins West PEA points up potential

ONTARIO – The results of the preliminary economic assessment are positive for the Timmins West project belonging to Lake Shore Gold of Toronto. The study says the property has the potential to produce 1.4 million oz of gold over a 10-year...

Canadian Mining Journal Staff | March 1, 2012 | 4:54 pm

DIAMOND DEVELOPMENT: Shore Gold downsizes

SASKATCHEWAN – Despite a positive feasibility study for the Star-Orion South diamond mine 60 km east of Prince Albert, Shore Gold of Saskatoon has been unable to find financing to move the project forward. In a release, the company said,...

Canadian Mining Journal Staff | March 1, 2012 | 4:52 pm

MERGER: Dumas and Tercon to create integrated service company

TORONTO – Dumas Contracting and Tercon Investments plan to combine, creating a new company with an integrated suite of services for the international mining and energy sectors. The new company will do business under the familiar Dumas...

Canadian Mining Journal Staff | March 1, 2012 | 4:51 pm

FINANCING: LIM raises $71.6-M for Silver Yard, other work

LABRADOR – The recent equity offer made by Labrador Iron Mines Holdings Ltd. of Toronto raised $71.6 million plus an over-allotment of $9.1 million. LIM intends to use the net proceeds to upgrade and expand its Silver Yard project,...

Canadian Mining Journal Staff | February 29, 2012 | 5:00 pm

AWARD: Lucky Amaratunga wins CMP lifetime achievement

OTTAWA – Professor Dr. Laxman “Lucky” Amaratunga has been honoured as the recipient of the Canadian Mineral Processors’ Lifetime Achievement Award. He was recognized for his demonstrated excellence in the science of...

Canadian Mining Journal Staff | February 29, 2012 | 4:59 pm

GOLD EXPLORATION: New zone found, bulk sampling continues at Engineer mine

BRITISH COLUMBIA – Vancouver-based BCGold has discovered a new, high grade gold shoot at the former Engineer mine 32 km west of Atlin. Dubbed the 505-3 shoot, this is an area of remnant pillars that previously was categorized as...

Canadian Mining Journal Staff | February 29, 2012 | 4:58 pm

EXPANSION: Tenke Fungurume grows, on target for 2013 start

DEMOCRATIC REPUBLIC OF CONGO – The US$850 million phase 2 expansion at the Tenke Fungurume copper and cobalt mine is on track for completion in 2013. Copper cathode production will rise to 195,000 t/y, and cobalt hydroxide output...

Canadian Mining Journal Staff | February 29, 2012 | 4:57 pm

MINING GAMES: Laurentian team tops for 8th time

SUDBURY, Ontario – The Bharti School of Engineering team from Laurentian University in Sudbury again finished first in the Annual Canadian Mining Games. This was the eighth time in the 22-year history of the games that a team from...

Canadian Mining Journal Staff | February 28, 2012 | 5:00 pm

AGREEMENT: New Millennium, TSMC ink impact and benefit pact

QUEBEC - New Millennium Iron Corp. (NML) of Calgary announced the signing of an impact and benefit agreement between Tata Steel Minerals Canada (TSMC) - a joint venture between NML and Tata Steel - and Innu Takuaikan Uashat mak Mani Utenam...

Canadian Mining Journal Staff | February 28, 2012 | 4:59 pm

POLYMETALLIC RESOURCE: First Murray Brook Zn-Cu-Pb-Ag-Au estimate readied

NEW BRUNSWICK – Vancouver’s El Nino Ventures has reported the initial resource estimate for its Murray Brook polymetallic massive sulphide deposit in the Bathurst Mining Camp. The measured and indicated resources are 18.7 million...

Canadian Mining Journal Staff | February 28, 2012 | 4:58 pm

MINING PEOPLE IN THE NEWS: Bestech, Goldstrike, North American Palladium and Silver Predator

Patrice (Pat) Dubreuil is now VP operations at Bestech of Sudbury, ON. He joined the firm as 2008 as manager of technical support and services, and has also been manager of sales and marketing, and most recently corporate services and sales and...

Canadian Mining Journal Staff | February 28, 2012 | 4:57 pm

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