Canadian Mining Journal Staff

SALE: Inmet sheds 18% interest in Ok Tedi mine

PAPUA NEW GUINEA - Inmet Mining of Toronto has sold its 18% interest in Ok Tedi copper-gold mine in the Star Mountains. Rather than trade its equity interest for a 5% net smelter royalty, Inmet has accepted a payment of US$335 from Ok Tedi...

Canadian Mining Journal Staff | January 31, 2011 | 5:00 pm

LABOUR CONTRACT: Voisey’s Bay agreement ratified

Vale is pleased to announce that a new five-year collective agreement has been ratified by the United Steelworkers (USW) Local 9508 representing mine and mill operations employees at Voisey's Bay, NL.  The settlement marks the end of the...

Canadian Mining Journal Staff | January 31, 2011 | 5:00 pm

PUMPS: GIW slurry pump proves to be longest lasting

PERU - GIW Industries of Grovetown, GA, has good news for operators in need of heavy duty centrifugal slurry pumps. The company and its local representative recently installed a 150 LCC 20(XH) cyclone feed pump at a gold mine in a remote region...

Canadian Mining Journal Staff | January 27, 2011 | 5:00 pm

LABOUR: Voisey’s Bay workers, Vale reach tentative deal

NEWFOUNDLAND - Vale SA and United Steelworkers Local 9508 have reached a tentative deal that will end the 18-month strike of workers at the Voisey's Bay nickel mine near Nain. Bill Wells, a mediator appointed by the province aided in reaching...

Canadian Mining Journal Staff | January 27, 2011 | 5:00 pm

NICKEL MINING: Bucko mine restart grows closer

MANITOBA - Crowflight Minerals of Vancouver is making a $30-million private placement, part of which is earmarked for acquiring mining equipment and restarting the Bucko Lake nickel mine in the Thompson nickel belt near Wabowden. Part of the...

Canadian Mining Journal Staff | January 27, 2011 | 5:00 pm

MINING PEOPLE IN THE NEWS: Chieftain Metals, Hathor, Pacific Ridge, PMI Gold, Prodigy Gold and Suncor

Chieftain Metals of Toronto has named Keith Boyle COO, effective Feb. 7, 2011, and Clive Creaney project manager, effective Jan. 1, 2011. Boyle is the former executive VP and COO at Alexis Minerals. Creaney's career spans over 30 years mostly...

Canadian Mining Journal Staff | January 26, 2011 | 5:00 pm

ABORIGINAL RELATIONS: Detour Gold, Moose Cree ink deal for Detour Lake project

TORONTO - Detour Gold and Moose Cree First Nation (MCFN) have executed an agreement with respect to the development and operation of the company's Detour Lake gold project in northeast Ontario. Ceremonial signings will take place the PDAC...

Canadian Mining Journal Staff | January 26, 2011 | 5:00 pm

PLANNING: Teck Coal co-ordinates six mines with Dynamics platform

Vancouver-based Teck Resources operates six coal mines in British Columbia and Alberta. The desire to co-ordinate workflow among them and manage inventory efficiently had the coal division looking for enterprise resource planning software that...

Canadian Mining Journal Staff | January 26, 2011 | 5:00 pm

CONTRACT: Cementation to sink Hoyle Pond winze

ONTARIO - Cementation Canada of North Bay, ON, has started the new year off with a formal letter of acceptance from Goldcorp's Porcupine Gold Mines (PGM) awarding Cementation the No.2 winze shaft sinking project at the Hoyle Pond gold mine...

Canadian Mining Journal Staff | January 25, 2011 | 5:00 pm

GOLD EXPLORATION: Marathon Gold, Mountain Lake form JV for Valentine Lake

NEWFOUNDLAND - Marathon Gold of Toronto and Mountain Lake Resources of Vancouver have formed a 50:50 joint venture to advance the Valentine Lake gold project in the central part of the province. The partners plan to spend $6 million on a...

Canadian Mining Journal Staff | January 25, 2011 | 5:00 pm

GOLD RESOURCES: Numbers rise to 10-M oz at Courageous Lake

NORTHWEST TERRITORIES - Measured and indicated resources are up significantly, average grade is improved, and the size of the Courageous Lake gold deposit is increased says 100%-owner Seabridge Gold of Toronto. The project is located 240 km...

Canadian Mining Journal Staff | January 25, 2011 | 5:00 pm

NICKEL DEVELOPMENT: Goldbrook updates work at Nunavik project

QUEBEC - The fuel storage and personnel accommodations were completed at the Nunavik nickel project in the Ungava region Goldbrook Ventures of Vancouver has reported. Infrastructure development advanced including initial work on the road...

Canadian Mining Journal Staff | January 25, 2011 | 5:00 pm

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