Canadian Mining Journal Staff, Author at Canadian Mining Journal

NICKEL STUDY: PEA points toward potential at Hart project

ONTARIO – The results of the preliminary economic assessment of the Hart nickel project in Timmins is positive, says owner Liberty Mines of Toronto. Using a nickel price of $10 per pound, the project has a net present value of $35.8...

Canadian Mining Journal Staff | August 23, 2012 | 4:59 pm

MINING PEOPLE IN THE NEWS: Claude Resources, Denison Mines, and South American Silver

Claude Resources of Saskatoon, SK, has named Brian Skanderbeg its new senior VP and COO, effective Sept. 1, 2012. He joined the company in 2007 as exploration manager and became VP exploration the following year. In addition to oversight of the...

Canadian Mining Journal Staff | August 23, 2012 | 4:58 pm

BHP delays expansion of Olympic Dam

BHP Billiton’s decision to delay its multi-billion dollar expansion of Olympic Dam due to escalating capital costs will put a forecasted uranium supply deficit under even greater pressure, analysts say.

Canadian Mining Journal Staff | August 23, 2012 | 4:57 pm

GUEST PERSPECTIVE: Xstrata’s commitment to biodiversity

Ontario Mining Association member Xstrata Copper Canada, Kidd Operations through its financial and in-kind support of the Mattagami Sturgeon Restoration Project is giving new life to a fish species designated as of "special concern" by the...

Canadian Mining Journal Staff | August 22, 2012 | 5:00 pm

COPPER-GOLD EXPLORATION: Springer zone expands at Mount Polley

BRITISH COLUMBIA - Imperial Metals of Vancouver says recent drilling has expanded the springer copper-gold zone below the bottom of the phase 5 Springer pit at the Mount Polley mine 100 km northeast of Williams Lake. The mineralization extends...

Canadian Mining Journal Staff | August 22, 2012 | 4:59 pm

SILVER-GOLD EXPLORATION: El Tigre finds high values in old Mexican dumps

MEXICO – Vancouver-based El Tigre Silver Corp. reports high silver and gold grades from its sampling program at the former El Tigre silver mine in Sonora. The mine produced 70 million to 75 million oz of silver and 325,000 to 350,000 oz...

Canadian Mining Journal Staff | August 22, 2012 | 4:58 pm

Letter to the Editor, Northern Miner: Weak leadership in Quebec

Regarding last week’s editorial, “Ooh la la: is Plan Nord becoming Plan Non?”, the underlying issue with Plan Nord is that from a good idea the Charest government has totally misled not just Quebecers and Canadians but many...

Canadian Mining Journal Staff | August 22, 2012 | 4:57 pm

OIL SANDS PRODUCTION: Athabasca Oil Sands Project reaches 500 million bbl

ALBERTA – Calgary-headquartered Shell Canada, operator of the Athabasca Oil Sands Project (AOSP), announced on Aug. 20, 2012 that the operation near Fort McMurray has reached a milestone – 500 million barrels of synthetic crude...

Canadian Mining Journal Staff | August 21, 2012 | 5:00 pm

GOLD EXPLORATION: GoldQuest closes $15M bought deal

DOMINICAN REPUBLIC - GoldQuest Mining of Vancouver has closed a $15-million bought deal private placement consisting of 12 million common shares priced at $1.25 each. The company will use the net proceeds to advance the exploration and...

Canadian Mining Journal Staff | August 21, 2012 | 4:59 pm

NEW NAME: Arctos Anthracite project new name for Mount Klappan

BRITISH COLUMBIA – Fortune Minerals of London, ON, has announced that the new name for the Mount Klappan metallurgical coal project is the “Arctos Anthracite project”. Fortune says the new name more accurately reflects the...

Canadian Mining Journal Staff | August 21, 2012 | 4:58 pm

GOLD EXPLORATION: Rackla drilling returns good grades from Carlin-style mineralization

YUKON – ATAC Resources of Vancouver continues to drill good grades at its Rackla gold project 55 km northeast of Keno City. Work has been focused on the Conrad and Isis East zones in the Nadaleen trend at the eastern end of the property.

Canadian Mining Journal Staff | August 21, 2012 | 4:57 pm

U.S. markets up for sixth consecutive week, Aug. 13-17

The Dow Jones Industrial Average and the S&P 500 posted gains for the sixth consecutive week, buoyed by comments from German Chancellor Angela Merkel that she supported the European Central Bank’s efforts to fight debt, and...

Canadian Mining Journal Staff | August 21, 2012 | 4:56 pm

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