Canadian Mining Journal Staff, Author at Canadian Mining Journal

PERSPECTIVE: The good news from last week

As August slides toward its end and summer evenings being to cool, along comes a week such as the last one wherein news from the mining sector seems to be front and centre everywhere. Barrick Gold has announced its intention to sell its 74%...

Canadian Mining Journal Staff | August 20, 2012 | 5:00 pm

DIAMOND MINING: Diavik life-of-mine plan updated

NORTHWEST TERRITORIES – The plans for the Diavik diamond mine near Lac de Gras are available, including anticipated annual production by pipe, operating costs and capital costs through 2023. The mine is a joint venture of Rio Tinto (60%)...

Canadian Mining Journal Staff | August 20, 2012 | 4:58 pm

COPPER DEVELOPMENT: Franco-Nevada, Inmet set up precious metals stream for Cobre Panama

PANAMA – Franco-Nevada Corp. and Inmet Mining, both of Toronto, have agreed to terms for a precious metals stream on the Cobre Panama copper project. The project is a joint venture of Inmet (80%) and Korea Panama Mining (20%).

Canadian Mining Journal Staff | August 20, 2012 | 4:57 pm

IRON ORE EXPLORATION: Permit approved to dewater old Griffith pit

ONTARIO – Northern Iron Corp. of Vancouver has received a permit allowing it to dewater the North pit at the former Griffith iron ore mine to a maximum depth of 25 metres. That will allow the company to conduct exploration drilling from...

Canadian Mining Journal Staff | August 20, 2012 | 4:56 pm

Barrick looks to sell its African assets

Barrick Gold’s new CEO Jamie Sokalsky has gotten straight down to business to help boost the company’s stagnating share price through a possible sale of its African unit.

Canadian Mining Journal Staff | August 20, 2012 | 4:55 pm

PERSPECTIVE: Time to shun conflict minerals?

CMJ readers are familiar with the terms “conflict diamonds” or “blood diamonds”. The proceeds from the sales of such gems is used to prop up rebel forces and dictators abusive of human rights, particularly in Africa....

Canadian Mining Journal Staff | August 16, 2012 | 5:00 pm

VMS EXPLORATION: MacDonald Mines make new discovery in Ring of Fire

ONTARIO – Toronto-based MacDonald Mines Exploration has drilled zinc rich massive sulphide mineralization at its Butler property 50 km southwest of Webequie and 35 km from the Big Daddy chromite deposit in the James Bay Lowlands. The...

Canadian Mining Journal Staff | August 16, 2012 | 4:59 pm

TRUCKS AND SHOVELS: See four new vehicles from Liebherr

LAS VEGAS – Liebherr will introduce two diesel-electric haul trucks at MineExpo in September: the new T 284 as the follow-up to the successful T 282 C in the 400 short-ton class, and the newly-designed T 264 set to catapult Liebherr into...

Canadian Mining Journal Staff | August 16, 2012 | 4:58 pm

Ooh la la: is Plan Nord becoming Plan Non?

In the world of mine development and its outsized scales of size, time and money, there’s always this thought in the back of the mind while listening to any promoter’s pitch: "Well, it may never happen."

Canadian Mining Journal Staff | August 16, 2012 | 4:57 pm

ENVIRONMENTAL: Federal government says okay to Midwest uranium mine

SASKATCHEWAN – The Canadian government has announced that in its opinion the proposed Midwest uranium mine is not likely to cause significant adverse environmental effects with the implementation of the mitigation measures and follow-up...

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

GOLD STUDY: Yellowknife feasibility positive, says Tyhee

NORTHWEST TERRITORIES – Tyhee Gold Corp. of Vancouver has released the results of the feasibility study for its Yellowknife gold project, and the company says the results are positive. The project is located 90 km north of Yellowknife and...

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

COPPER DEVELOPMENT: HudBay, VMS break ground for Reed mine

MANITOBA – HudBay Minerals (70%) of Toronto and VMS Ventures (30%) of Vancouver broke ground on Aug. 14, 2012, for the new Reed copper mine 50 km southwest of Snow Lake. Initial production is expected by Q3 2013 and full production...

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

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