Canadian Mining Journal Staff

UNDERGROUND SAFETY: PotashCorp orders better bolter from DynaIndustrial

SASKATOON - With 40 years of custom equipment to its credit, DynaIndustrial is raising its profile in the mining industry. The company recently completed the design and prototype for a custom roof bolter at the request of Potash Corporation of...

Canadian Mining Journal Staff | November 17, 2010 | 5:00 pm

CAPITAL SPENDING: Vale plans $3.5-B in Sudbury, closure for Thompson

RIO DE JANEIRO - At the end of October the world's largest mining company, Vale SA announced its worldwide capital spending plans of US$24 billion for 2011. Although the bulk of the spending will be in Brazil, projects in Canada will receive...

Canadian Mining Journal Staff | November 17, 2010 | 5:00 pm

ANNIVERSARY: Endress + Hauser celebrates 20 years in Canada

BURLINGTON, Ontario - Endress+Hauser Canada, the Canadian arm of one of the world's most successful family-owned industrial firms and a leader in measurement and automation equipment, is celebrating 20 years of continual growth in the Canadian...

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

CORPORATE SOCIAL RESPONSIBILITY: Chief Nolan addresses event in Colombia

COLOMBIA - The second bilateral dialogue with the Columbian business community and Canadian government ahead of the new free trade deal was held recently. It was organized by the Canadian Embassy in Colombia to take a look at the corporate...

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

METALLURIGICAL TESTS: Granada material suitable for gravity-flotation treatment

QUEBEC - Gold Bullion Development of Vancouver says metallurgical tests on material from its Granada gold property near Rouyn-Noranda indicate that recoveries of 94% to 97% can be expected using gravity and flotation techniques. The tests were...

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

GOLD DEVELOPMENT: Armistice readies McGarry mine for Q4 2011 start

ONTARIO - The reopening of the McGarry gold mine at Virginiatown is a step closer. Owner Armistice Resources of Toronto has entered into a loan facility agreement for up to $11 million with Sprott Resource Lending Partnership. Armistice intends...

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

MERGER: Cat to acquire Bucyrus for US$8.6 billion

PEORIA, Illinois, and SOUTH MILWAUKEE, Wisconsin - Two of the world's largest heavy equipment makers will soon be one. Caterpillar and Bucyrus International have agreed to a deal under which Cat will acquire Bucyrus in a transaction worth...

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

WHITE KNIGHT: ArcelorMittal comes to the aid of Baffinland with takeover bid

TORONTO - Faced with a hostile takeover bid from upstart Nunavut Iron Ore Acquisition, Baffinland Iron Mines has accepted an offer from ArcelorMittal worth $433 million, a premium of 37.5% over NIO's offer.

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

NON-MERGER: BHP Billiton withdraws offer for PotashCorp

SASKATOON - Australian mining powerhouse BHP Billiton has withdrawn its $40-billion offer for the world's largest potash producer, Potash Corporation of Saskatchewan. The offer was deemed to not be a net benefit to Canada under terms of the...

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

AWARD: Northern Abitibi named Newfoundland’s explorer of the year

CALGARY - Northern Abitibi Mining has been awarded the Prospector/Explorer of the Year Award by the Newfoundland Branch of the Canadian Institute of Mining, Metallurgy and Petroleum. Dr. Shane Ebert, president, accepted the award on behalf of...

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

MINING PEOPLE IN THE NEWS: High River Gold, Metanor, North American Palladium, Pro Minerals, Romios Gold, Teck Coal and Vior

Konstantin Sobolevskiy is the new CEO of Toronto-based High River Gold Mines. He is also senior lawyer at Severstal Gold, a subsidiary of OAO Severstal of Russia.

Canadian Mining Journal Staff | November 11, 2010 | 4:55 pm

URANIUM EXPLORATION: New lens confirmed at Matoush project

QUEBEC - Strateco Resources of Boucherville, QC, says it has discovered a new high grade lens of uranium mineralization 1.5 km south of the three known high grade lenses at its Matoush project in the Otish Mountains. The lens is known as MT-36,...

Canadian Mining Journal Staff | November 10, 2010 | 5:00 pm

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