Canadian Mining Journal Staff, Author at Canadian Mining Journal

COLLECTIBLE: Royal Canadian Mine issues new 1-oz 99999-fine gold coin

OTTAWA - The Royal Canadian Mint has added a new pure gold coin to its growing family of industry-leading bullion products, the one-ounce, 99.999% pure gold bullion coin issued in celebration of the fifth anniversary of the Mint's 100-kg gold...

Canadian Mining Journal Staff | August 9, 2012 | 5:00 pm

MINERAL PROCESSING: Flotation, cyanidation test results positive from former Carolin mine

BRITISH COLUMBIA – New Carolin Gold of White Rock, BC, is pleased with the results of metallurgical tests carried out by SGS Canada on samples from the McMaster zone at the former Carolin gold mine near Hope.

Canadian Mining Journal Staff | August 9, 2012 | 4:59 pm

MINING PEOPLE IN THE NEWS: Goldcorp, Kinross, Royal Nickel, and Semafo

Vancouver-based Goldcorp has appointed a new COO, George Burns, who also takes up the mantle as executive VP. He is a veteran of the company’s management team. Burns replaces Steve Reid who is leaving the company.

Canadian Mining Journal Staff | August 9, 2012 | 4:58 pm

MAINTENANCE: Teck Coal, Dingo Mining team up

CALGARY – Teck Coal with six mines in British Columbia and Alberta takes the maintenance and reliability of its heavy equipment seriously. The company has teamed up with Dingo Mining, the lubricated asset experts, of Denver to make sure...

Canadian Mining Journal Staff | August 9, 2012 | 4:57 pm

General Moly addresses cost overruns at Mt. Hope

VANCOUVER — It is not the best time to be in the molybdenum business, as U.S.-based producer General Moly finds itself coping with rising costs at its flagship Mt. Hope development in central Nevada, along with weakening moly oxide prices...

Canadian Mining Journal Staff | August 9, 2012 | 4:56 pm

COPPER DEVELOPMENT: Construction begins at Constancia, HudBay sells precious metals stream

Constancia, HudBay sells precious metals streamPERU – The directors of Toronto’s HudBay Minerals have approved the US$1.5 billion investment needed to fund the development of the Constancia copper mine 100 km south of Cusco. The...

Canadian Mining Journal Staff | August 8, 2012 | 5:00 pm

GOLD EXPLORATION: Dewatering and ramp rehab in progress at Taylor project

ONTARIO – St Andrew Goldfields (SAS) of Toronto says dewatering of the ramp at the Taylor gold project 53 km east of Timmins began in April, and the portal was open at the end of June. Once rehabilitation is done and services are...

Canadian Mining Journal Staff | August 8, 2012 | 4:59 pm

COAL EXPLORATION: Erdene vends Donkin project to APM

NOVA SCOTIA – Halifax-based Erdene Resource Development Corp. has entered into a deal with Advanced Primary Minerals Corp. whereby APM will gain control of all of Erdene’s North American property assets for APM shares. Erdene will...

Canadian Mining Journal Staff | August 8, 2012 | 4:58 pm

MERGER: RX Gold shareholders okay combination with US Silver, Hecla withdraws

TORONTO – The shareholders of both RS Gold & Silver and U.S. Silver approved the merger of the two companies on Aug. 7, 2012. Court approval is pending and other customary conditions must also be met.

Canadian Mining Journal Staff | August 8, 2012 | 4:57 pm

CONVEYORS & FEEDERS: Eriez video simplifies displacement measurements

ERIE, Pennsylvania – Eriez has a new video to walk viewers through the proper procedures for measuring displacement on electromagnetic and electromechanical feeders and conveyors. It is two-and-a-half minutes long and can be viewed at...

Canadian Mining Journal Staff | August 8, 2012 | 4:56 pm

Roxgold rushes initial resource at Yaramoko

VANCOUVER — Vancouver-based explorer Roxgold continues to advance its Yaramoko gold project in Burkina Faso, West Africa, despite lingering questions stemming from an unresolved proxy battle with a group of prominent shareholders. The...

Canadian Mining Journal Staff | August 8, 2012 | 4:55 pm

PERSPECTIVE: Value, volume of Canadian mining deals drops

Vancouver-based Ernst & Young has taken a look at the value and volume of Canadian mining and metals deals and found them to be down 41% and 26%, respectively. The reasons are twofold: rising capital costs and softening commodity prices.

Canadian Mining Journal Staff | August 7, 2012 | 5:00 pm

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