Canadian Mining Journal Staff

URANIUM-GOLD STUDY: Lavoie deposit has economic potential

QUEBEC - Abitex Resources of Val d'Or, QC, says the preliminary economic assessment on its Lavoie uranium-gold deposit in the Otish Mountains is positive. The company has an earn-in option and joint venture agreement to acquire a 50% interest...

Canadian Mining Journal Staff | January 23, 2012 | 5:00 pm

VMS RESOURCE: Initial report issues for Paragon’s Lemarchant deposit

NEWFOUNDLAND - Vancouver-based Paragon Minerals has released the first 43-101-compliant resource estimate for the Lemarchant volcanogenic massive sulphide deposit on its South Talley Pond property. The deposit is located 20 km of Teck's Duck...

Canadian Mining Journal Staff | January 23, 2012 | 4:59 pm

CAPITAL SPENDING: Nearly half of Cliffs budget going to Canadian iron ore business

QUEBEC - Cliffs Natural Resources of Cleveland, OH, plans to invest US$1 billion in capital projects during 2012, and almost half of the budget is earmarked for the Bloom Lake iron ore mine expansion near Fermont.

Canadian Mining Journal Staff | January 23, 2012 | 4:58 pm

UTILITY EQUIPMENT: Manulift expands into western Canada with new Merlo telehandlers

QUEBEC CITY - Manulift EMI, the Canadian importer of Merlo telehandlers, has concluded a major dealership agreement in Western Canada. Merlo products are now available in Yukon, Northwest Territories as well as western Alberta and eastern...

Canadian Mining Journal Staff | January 23, 2012 | 4:57 pm

CORPORATE SOCIAL RESPONSIBILITY: MAC says progress is being made

OTTAWA - The latest report from the Mining Association of Canada points toward the steady progress on corporate social responsibility made by Canadian mining, oil and gas companies in developing countries.

Canadian Mining Journal Staff | January 19, 2012 | 5:00 pm

TRANSPORTATION: Inching toward the Kearl oil sands project

When I saw an item about the difficulty of moving large industrial loads from Idaho through Montana to Canada, it was the word "Idaho" that caught my eye. Then the word "Kearl" as in Imperial Oil's oil sands development near Fort McMurray, AB....

Canadian Mining Journal Staff | January 19, 2012 | 4:59 pm

BASE METAL & GOLD EXPLORATION: Virginia Mines drilling budget is $20-M this year

QUEBEC CITY - Northern Quebec is going to attract a lot of exploration activity this year, if the plans of Virginia Mines are anything to go by. The junior has a 2012 drilling budget of over $20 million. Programs are planned for projects in the...

Canadian Mining Journal Staff | January 19, 2012 | 4:58 pm

GOLD-COPPER RESOURCE: Maiden estimate puts Freegold Mountain at 3.7M oz Au

YUKON - The Revenue deposit at the Freegold Mountain project 200 km northwest of Whitehorse may contain as many as 3.7 million oz of gold, according to the maiden resource estimate released by owner Northern Freegold Resources of Vancouver.

Canadian Mining Journal Staff | January 18, 2012 | 5:00 pm

GOLD RESOURCE: Multi-million ounces estimated at Golden Highway

ONTARIO - Moneta Porcupine Mines of Timmins, ON, has filed a 43-101 report for its Windjammer South, Southwest and 55 zones at its Golden Highway project east of Timmins. The total indicated resource is 33.5 million tonnes at 1.00 g/t Au plus...

Canadian Mining Journal Staff | January 18, 2012 | 4:59 pm

IRON ORE RESOURCE: Roche Bay home of half billion tonnes

NUNAVUT - Advanced Explorations of Toronto says the latest 43-101 report on its Roche Bay iron project on the east coast of the Melville Peninsula includes over half a billion tonnes of mineralized material. The indicated portion is 501 million...

Canadian Mining Journal Staff | January 18, 2012 | 4:58 pm

MINING EQUIPMENT: Finning to acquire part of Bucyrus distribution business from Cat

VANCOUVER - Finning International is to acquire from Caterpillar of Peoria, IL, the distribution and support business formerly operated by Bucyrus in parts of Western Canada, South America and the United Kingdom. The Canadian company will...

Canadian Mining Journal Staff | January 18, 2012 | 4:57 pm

TRAINING: Trevali and First Nations launch core mining program in New Brunswick

NEW BRUNSWICK - Trevali Mining of Vancouver has thrown its support behind the recently launched First Nations Underground Core Mining Training Program, the first of its kind in the province, offered by the New Brunswick Community College in...

Canadian Mining Journal Staff | January 17, 2012 | 5:00 pm

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