Canadian Mining Journal Staff, Author at Canadian Mining Journal

MERGER: Northgate, Primero aim to create mid-tier gold producer

TORONTO - Primero Mining and Northgate Minerals have entered into a definitive agreement that will see the two merge their businesses to create a new, mid-tier gold producer. Combined market capitalization will be approximately $1.2 billion.

Canadian Mining Journal Staff | July 13, 2011 | 4:59 pm

COAL DEVELOPMENT: Fortune takes Posco as partner for Mount Klappan project

BRITISH COLUMBIA - Fortune Minerals, based in London, ON, has formed an 80:20 joint venture with Posco Canada to develop the Mount Klappan metallurgical coal project 330 km northeast of the port of Prince Rupert. Posco is a subsidiary of one of...

Canadian Mining Journal Staff | July 13, 2011 | 4:58 pm

DIAMOND EXPLORATION: Shear takes Jericho step closer to reopening

NORTHWEST TERRITORIES - Shear Diamonds of Toronto is beginning performance tests in the diamond recovery plant at the closed Jericho diamond mine in anticipation of reopening it. Running stockpiled material through the mill will give the...

Canadian Mining Journal Staff | July 13, 2011 | 4:57 pm

COPPER MINING: Copper Mountain ships first concentrate to port

BRITISH COLUMBIA - Vancouver's Copper Mountain Mining made the first shipment of copper concentrate from its new mine near Princeton to the port of Vancouver. The concentrate is transported in 50-tonne super B train truck units. Port facilities...

Canadian Mining Journal Staff | July 12, 2011 | 5:00 pm

GOLD DEVELOPMENT: Wesdome’s Mishi mine to be year-round operation

ONTARIO - Wesdome Gold Mines of Toronto is developing its Mishi gold property near Wawa for year-round operation for an initial five-year period. Pit dewatering, brush clearing and waste pad construction have begun, and pre-stripping will begin...

Canadian Mining Journal Staff | July 12, 2011 | 4:59 pm

MINING PEOPLE IN THE NEWS: Elgin Mining, Goldrush, Northgate and Prize Mining

With the successful acquisition of the former Lupin gold mine in the Northwest Territories, Patrick Downey has officially become president and CEO of the new owner, Elgin Mining of Toronto. The company is winterizing the camp at the mine site...

Canadian Mining Journal Staff | July 12, 2011 | 4:58 pm

COPPER-GOLD RESOURCE: More than 1B tonnes measured and indicated at Schaft Creek

BRITISH COLUMBIA - The Schaft Creek copper-gold-molybdenum-silver deposit in the northwest part of the province is shaping up to be a big one for owner Copper Fox Metals of Vancouver. The latest 43-101 report put the measured and indicated...

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

RARE EARTHS MARKETING: Avalon taps potential Asian investors

NORTHWEST TERRITORIES - Avalon Rare Metals of Toronto is looking to potential Asian investors for the output of its Nechalacho REE deposit at Thor Lake. The company has signed non-binding memorandums of understanding with three Asian companies,...

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

Mining Marshall Plan for Northern Ontario

What a difference a decade makes! Ten years ago, according to many in the Toronto media, mining was a sunset industry and a modern industrial country/province should not be in such a supposedly "low tech" sector. Some even thought we should let...

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

ALUMINA DEVELOPMENT: Orbite to advance Cap-Chat pilot plant to commercial production

QUEBEC - Montreal-based Exploration Orbite has raised $57.5 million through a recently completed bought deal. Most of the net proceeds will be used to convert the company's Cap-Chat pilot plant into a commercial facility producing...

Canadian Mining Journal Staff | July 7, 2011 | 5:00 pm

GOLD EXPLORATION: Bonanza grade reported from Rainy River

ONTARIO - For a sheer, eye-popping bonanza gold grade, readers should try to imagine 1,335.0 g/t Au (and 76.7 g/t Ag). That was the grade over 1.5 metres from hole NR11719 only 42 metres below surface at the Rainy River property in northwest...

Canadian Mining Journal Staff | July 7, 2011 | 4:59 pm

MINING PEOPLE IN THE NEWS: Alderon, Bellhaven, Canada Lithium, North American Nickel, San Gold and VMS Ventures

Alderon Resource Corp. of Vancouver will name Tayfun Eldem its president and CEO on Sept. 7, 2011. At that time Mark J. Morabito will become executive chairman and Stan Bharti will take over the duties of vice-chairman. Eldem is a former VP of...

Canadian Mining Journal Staff | July 7, 2011 | 4:58 pm

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