Canadian Mining Journal Staff

Acquisition includes major gold property in Ontario

Premier Gold Mines Limited and Goldstone Resources Inc have just announced that Premier has completed its acquisition of Goldstone which includes 100% ownership of the multi-million ounce Hardrock Gold Project and provides Premier with control...

Canadian Mining Journal Staff | August 18, 2011 | 5:00 pm

Big Deal

Detour Gold Corp. has just announced that it has completed a term sheet with Caterpillar Financial Services Limited pursuant to which Cat Financial has agreed to underwrite an additional mining fleet lease facility of approximately US$40...

Canadian Mining Journal Staff | August 17, 2011 | 5:01 pm

Financial support for next generation

Toronto-based mining giant Kinross Gold Corporation has announced that it is providing approximately US$1 million in funding for a three-year endowment that will provide advanced training to mining engineering students at the University of...

Canadian Mining Journal Staff | August 17, 2011 | 5:00 pm

North American Nickel grows in Greenland

North American Nickel Inc has just announced that it has been granted exclusive exploration rights to a 4,841 sq km property along the southwest coast of Greenland.

Canadian Mining Journal Staff | August 16, 2011 | 5:00 pm

Photo competition attracts worldwide attention

  

Canadian Mining Journal Staff | August 16, 2011 | 5:00 pm

MINE DEVELOPMENT: $17-M cheque greets Canada Fluorspar

NEWFOUNDLAND - Canada Fluorspar of Toronto held the ceremony marking the start of redevelopment of its St. Lawrence mine in the town of the same name today. The project carries a pre-production price tag nearly $98 million to restart the mine...

Canadian Mining Journal Staff | August 11, 2011 | 5:00 pm

It’s great time to be a gold miner

The summer of 2011 is a wonderful time to be a gold miner. The price burst above US$1,800 an ounce on Aug 10, but has since fallen back a bit. Don't worry. It will rise again given the background of global economic uncertainty.

Canadian Mining Journal Staff | August 11, 2011 | 5:00 pm

GOLD-IRON ORE EXPLORATION: Forest Gate finds high magnetite levels in BIF

QUEBEC - Forest Gate Energy of Calgary reports finding significant iron ore grades in the banded iron formation at its Pershing gold property near Val d'Or. Magnetite rich intervals within the BIF averaged 29.3% Fe.

Canadian Mining Journal Staff | August 11, 2011 | 4:59 pm

THANK YOU: Vale’s Steve Wood praises local Sudbury suppliers

ONTARIO - In a recent presentation to the Sudbury Area Mining Supply and Service Sector, Steve Wood, Vale's VP mining and milling North Atlantic operations, thanked the local industry for its expertise and commitment to projects at the...

Canadian Mining Journal Staff | August 11, 2011 | 4:58 pm

NEW TECHNOLOGY: CAE to commercialize CSIRO’s 3-D image analysis tool

AUSTRALIA - CAE Mining of Brisbane has signed an exclusive agreement to commercialize the Commonwealth Scientific and Industrial Resource Organisation's (CSIRO) Sirovision technology, a 3-D imaging and analysis tool for use in mining.

Canadian Mining Journal Staff | August 11, 2011 | 4:57 pm

TUNGSTEN PRODUCTION: North American Tungsten output up 71% in Q3 over Q2

NORTHWEST TERRITORIES - North American Tungsten of Vancouver reports Q3 production of 74,629 tonnes of WO3 from its CanTung underground mine in the Nahanni area, 300 km north of Watson Lake, YT. That number was 71% higher than the 43,727 tonnes...

Canadian Mining Journal Staff | August 10, 2011 | 5:00 pm

NICKEL STUDY: Optimization boosts Minago NPV to $720 million

MANITOBA - Toronto-based Victory Nickel said that project optimization resulted in improved economics for its Minago nickel project in the Thompson Nickel Belt. The base case internal rate of return (IRR) has increased to 22.9% from the...

Canadian Mining Journal Staff | August 10, 2011 | 4:59 pm

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