Canadian Mining Journal Staff

SURVEY: Gold prices and output to go higher in 2011, PwC

TORONTO - Despite the current strength in the price of gold, mining companies in Canada and globally are predicting high gold prices to continue throughout 2011, according to PricewaterhouseCoopers' 2010 Global Gold Price Survey Report released...

Canadian Mining Journal Staff | December 21, 2010 | 5:00 pm

GOLD EXPLORATION: Bulk sampling begins at Rubicon’s Phoenix project

ONTARIO - Vancouver-based Rubicon Minerals has begun bulk sampling of the F2 gold system at its Phoenix project near Red Lake. The area from which the sample is being taken lies approximately 300 metres below surface and was defined by 18 drill...

Canadian Mining Journal Staff | December 21, 2010 | 5:00 pm

PERSPECTIVE: UN Global Compact initiative defines CSR

This morning I learned that Finland's Outotec Oyj has signed the United Nations Global Compact initiative and has committed to its principles of human rights, environment, labour fairness and anti-corruption. That one of the world's leading...

Canadian Mining Journal Staff | December 21, 2010 | 5:00 pm

MOLYBDENUM STUDY: Robust economics projected for restart of Kitsault mine

BRITISH COLUMBIA - Avanti Mining of Vancouver is projecting "robust economics" for its reopened Kitsault molybdenum mine, based on the results of a recent feasibility study prepared by AMEC. The property has an estimated measured and indicated...

Canadian Mining Journal Staff | December 20, 2010 | 5:00 pm

LITHIUM STUDY: Outlook positive for Quebec project, production in 2013

QUEBEC - Canada Lithium Corp. of Toronto said the feasibility study is positive for its Quebec lithium project near Val d'Or. The company anticipates that construction will start in mid-2011 and full production in 2013, subject to financing and...

Canadian Mining Journal Staff | December 20, 2010 | 5:00 pm

OIL SANDS GROWTH: Suncor targets 1-M bbl/day with help from Total E&P Canada

ALBERTA - Calgary-based Suncor Energy has announced plans to increase production to more than one 1 million bbl of oil equivalent daily by 2020. The company says it will boost oil sands production by 10% per year and company-wide production by...

Canadian Mining Journal Staff | December 20, 2010 | 5:00 pm

SHAFT SINKING: DMC wins dual Jansen potash contract

SASKATCHEWAN - Toronto-based DMC Mining Services, a subsidiary of Quadra FNX Mining of Vancouver, has won the contract to sink two new mine shafts at BHP Billiton's Jansen potash project near Lanigan. The contract is worth approximately US $400...

Canadian Mining Journal Staff | December 16, 2010 | 5:00 pm

CALL FOR PAPERS: Mine Closure 2011

LAKE LOUISE, Alberta - The Steering Committee for Mine Closure 2011 invites abstract submissions from persons wanting to present at an industry-leading, international conference on mine closure and reclamation. The conference will be...

Canadian Mining Journal Staff | December 16, 2010 | 5:00 pm

GOLD RESOURCE: Drilling allows Marathon to make initial Valentine Lake estimate

NEWFOUNDLAND - Marathon Gold Corp. of Toronto has made the initial measured and indicated resource estimate for its Valentine Lake gold project in the central part of the province. M&I resources are 3.3 million tonnes with a grade of 2.6...

Canadian Mining Journal Staff | December 16, 2010 | 5:00 pm

CORPORATE UPDATE: Agnico-Eagle future holds 1.5 million oz in 2014

TORONTO - Agnico-Eagle Mines is wrapping up a very successful 2010 and looking forward with anticipation to 2011 and beyond. The company expects gold production to increase 18% next year to between 1.13 million and 1.23 million oz of gold....

Canadian Mining Journal Staff | December 16, 2010 | 5:00 pm

CULTURAL DIVERSITY: Opera comes to Raglan mine

QUEBEC - Opera singers and base metal miners rarely have the opportunity to rub shoulders, but that is what happened at the Raglan nickel-copper mine in Nunavik. The mine is owned by Xstrata Nickel that also sponsors the Canadian Opera...

Canadian Mining Journal Staff | December 15, 2010 | 5:00 pm

PERSPECTIVE – Greens want Olympic Dam expanded without uranium recovery

SOUTH AUSTRALIA - The Australian Greens, that country's political party of the environmental persuasion, wants BHP Billiton to expand its Olympic Dam copper-uranium-gold-silver mine but not mine the uranium component of the ore.

Canadian Mining Journal Staff | December 15, 2010 | 5:00 pm

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