RESERVES: IamGold numbers up 13% for gold, 34% for niobium
TORONTO - The year-end tally of its resources done by IamGold resulted in a 13% increase for gold and 34% increase for niobium reserves.
Canadian Mining Journal Staff
Posts by Canadian Mining Journal Staff:
MINERAL RESOURCES: Quebec floats idea of municipal resource management
QUEBEC - The idea has been floated by Quebec's minister for natural resources and wildlife that responsibility for managing mineral resources be given to municipalities in urban areas.
MERGER: TSX and LSE plan to be largest exchange in world
TORONTO and LONDON, UK - Calling it a merger of equals, the TMX Group, operator of the TSX, and the London Stock Exchange Group (LSEG) plan to merge. The new company will be the world's largest exchange with 6,700 listings and a market value of...
DIVESTITURE: Goldcorp sells Osisko stake for $530-M
VANCOUVER - Goldcorp has sold its 10.1% equity interest in Osisko Mining of Montreal for $530 million. The sale consisted of approximately 38.6 million common shares at a gross price of $13.75 each.
SOFTWARE UPDATE: Faster return on investment using InSite 3.3
VANCOUVER - Gemcom Software International has released the latest version of its award-winning Gemcom InSiteTM mine production management solution. InSite enables mining companies to increase efficiencies, lower costs, and continuously improve...
TIN-INDIUM-ZINC EXPLORATION: Drilling at Mount Pleasant North zone suggests new high grade zone
NEW BRUNSWICK - Adex Mining of Toronto has reported high grade preliminary 2010 results from the North Zone at its Mount Pleasant mine property 80 km south of Fredericton. Hole AM-10-10 in a previously underexplored part of the zone intersected...
COPPER-GOLD RESOURCES: Multi-million numbers from Iron Cap zone at Seabridge’s KSM property
BRITISH COLUMBIA - Toronto-based Seabridge Gold has released the first resource estimate from the Iron Cap zone at its 100% owned KSM project near Stewart. The company believes the indicated and inferred categories contain 8.5 million oz of...
IRON ORE EXPANSION: Second phase of expansion at IOC concentrator to cost $227-M
LABRADOR - Rio Tinto has given the go-ahead for the next US$227-million step to expand production at Iron Ore Company of Canada's concentrator at Labrador City. IOC is owned by Rio Tinto (59% and operator), Mitsubishi (26%) and Labrador Iron...
CHROMITE: Cliffs releases Black Thor details for discussion
ONTARIO - Cliffs Natural Resources of Cleveland, OH, in connection with its ongoing discussions with stakeholders, released preliminary project information for potential development of its Black Thor chromite deposit in the McFaulds Lake region...
COPPER-NICKEL-PGM STUDY: Results of PEA for Thunder Bay North are “robust”
ONTARIO - Magma Metals of Perth, Australia, says the preliminary economic study (PEA) for its Thunder Bay North platinum-palladium-copper-nickel project has "robust" economics. AMEC Americas prepared the report on the property 45 km northeast...
IRON ORE RESOURCES: Eagle Island deposit hosts a billion tonnes at 29% Fe
ONTARIO - Toronto-based Rockex Mining says that according to 43-101 numbers, its Eagle Island deposit contains 590.8 million tonnes grading 28.84% Fe in the indicated category and 415.8 million tonnes grading 29.47% Fe in the inferred category....
MINING PEOPLE IN THE NEWS: Freegold, i-minerals, Southern Arc, Uranium One and Victoria Gold
Freegold Ventures of Vancouver has named Alvin W. Jackson its new VP exploration and development following the departure of Michael Gross. The company has also named Garnet Dawson, VP exploration of Brazilian Gold, to the Freegold board or...
Kenorland reports major gold resource at Frotet, backs 4% royalty
Kenorland Minerals (TSXV: KLD; US-OTCQX: KLDCF) unveiled an inaugural inferred mineral resource for the Regnault gold deposit at the Frotet project in […]