Canadian Mining Journal Staff

GOLD MINING: Bachelor Lake receives environmental okay for bulk sample

QUEBEC - Metanor Resources of Val d'Or, QC, has received the environmental permit for the Bachelor Lake gold mine 225 km north of Val d'Or. The company can now take a 5,000-tonne bulk sample at the mine. The pre-feasibility study released...

Canadian Mining Journal Staff | April 6, 2011 | 5:00 pm

ACQUISITION: Golder adds Marston and Marston to expertise

CALGARY - Golder Associates has acquired the Marston and Masrton, a full-service mining consultancy that specializes in mine planning and geologic services for open pit and underground coal, metals, oil sands, and industrial minerals.

Canadian Mining Journal Staff | April 5, 2011 | 5:00 pm

IRON ORE DEVELOPMENT: LIM raises further $110-M for DSO project

LABRADOR and QUEBEC - Toronto's Labrador Iron Mines Holdings (LIM) has completed a successful $110-million equity financing with which move its direct shipping iron ore (DSO) project near Schefferville closer to production. Most of the money...

Canadian Mining Journal Staff | April 5, 2011 | 5:00 pm

GOLD STUDY: Magino PEA boasts 49% IRR

ONTARIO - Prodigy Gold of Vancouver notes that the recently completed preliminary economic assessment (PEA) of its Magino gold project predicts an internal rate of return (IRR) of 49%. The former mine is located 40 km northeast of Wawa.

Canadian Mining Journal Staff | April 5, 2011 | 5:00 pm

SHAFT SINKING: Redpath wins contract for Lalor ventilation shaft

MANITOBA - The Redpath Group of North Bay, ON, has been awarded the sinking contract for the ventilation shaft at HudBay's Lalor gold-zinc mine near Snow Lake. Completion is expected by April 2012.

Canadian Mining Journal Staff | April 4, 2011 | 5:00 pm

COPPER RESOURCES: Reed Lake shaping up for HudBay, VMS

MANITOBA - Joint venture partners VMS Ventures (30%) of Vancouver and HudBay Minerals (70%) of Toronto have released a 43-101 report for their Reed Lake polymetallic deposit near Snow Lake. In the indicated category, they estimate there are 2.6...

Canadian Mining Journal Staff | April 4, 2011 | 5:00 pm

SILVER-BASE METAL MINING: Huldra Silver applies for Treasure Mountain small mine licence

BRITISH COLUMBIA - Vancouver's Huldra Silver has made an application for a small mine permit to develop and operate the Treasure Mountain silver-base metal project. The application allows for up to 75,000 tonnes a year of ore removal, however,...

Canadian Mining Journal Staff | April 4, 2011 | 5:00 pm

GOLD MINING: Bralorne production begins

BRITISH COLUMBIA - Bralorne Gold Mines of Vancouver has received all air and effluent permits from the BC Ministry of Environment for mining and milling operations to begin at its property near Gold Bridge. Production will begin immediately at...

Canadian Mining Journal Staff | April 4, 2011 | 5:00 pm

COPPER-GOLD DEVELOPMENT: Thompson Creek to finance $132-M fleet for Mt. Milligan

BRITISH COLUMBIA - Cat Financial has agreed to finance Denver-based Thompson Creek Metals' $132-million purchase of open pit mining equipment for the Mt. Milligan copper-gold mine 155 km northwest of Prince George. Drawdowns against the finance...

Canadian Mining Journal Staff | April 4, 2011 | 5:00 pm

OFFER: China’s Minmetals bids $6.3-B for Equinox

BEIJING - A subsidiary of China Minmetals, Minmetals Resources Ltd., has made a hostile bid for Vancouver-based Equinox Resources in an all cash offer of $7 per Equinox share. The offer represents a 33% premium on Equinox's 20-day average...

Canadian Mining Journal Staff | April 4, 2011 | 5:00 pm

GOLD RESOURCES: Reserves up 19% at Canadian Malartic

QUEBEC - With production imminent at the Canadian Malartic gold project, Osisko Mining says reserves at the mine are up 19% over a year ago using $1,000-gold. Proven and probable reserves now total 343.7 million tonnes at 0.97 g/t Au or 10.7...

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

McGILL UNIVERSITY: Canada’s oldest mining engineering school to celebrate 140 years (March 31, 2011)

MONTREAL - On the occasion of its 140th anniversary, the McGill Mining Engineering Program is taking pride in its legacy of excellence and launching a major revitalization strategy to meet industry's requirements of the future.

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

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