Mining

Turning tailings into gold

With the price of gold still strong, no one is surprised to find gold in an old gold mine. What used to be considered waste is now a resource. Two proposed tailings retreatment projects – one in British Columbia and…

GOLD DEVELOPMENT: AuRico updates progress at Young-Davidson

ONTARIO – AuRico Gold of Toronto released its monthly update for the development of its Young-Davidson gold mine and mill near Matachewan with the news that wet commissioning of the mill has begun. The first gold pour target is only…

HAUL TRUCKS: Sandvik expands underground options

SWEDEN – Sandvik Mining has launched two new underground trucks, the TH550 and TH540, that are the cleanest in the market. They have low-emission EPA Tier 4i/EURO Stage IIIB engines in a compact and agile vehicle.

Federal government renews promise to streamline approval process

TORONTO – In a speech Monday, March 5, at the Prospectors and Developers Association of Canada conference, Minister of Natural Resources Joe Oliver again pledged the federal government’s support of a streamlined approval process for...

New Brunswick best place for miners

The Fraser Institute’s new ranking puts New Brunswick at the top of the list of good places for mining and exploration investment. Here is what the Institute said in a recent release:

CORPORATE IMAGE: HudBay aligns all operations under single brand

TORONTO – HudBay Minerals Inc. is uniting all of its operations under the HudBay brand to position itself for continued growth and expansion. The move to a single brand was made to align new projects and acquisitions and to strengthen...

GOLD STUDY: Pit and underground planned at Maverick

MANITOBA – Auriga Gold Corp. of Toronto is planning both open pit and underground mining at its Maverick gold project near Flin Flon. This is the recommendation of the recent preliminary economic assessment of the project.

ROCK BREAKING: New Atlas Copco breaker boasts high efficiency

STOCKHOLM – Atlas Copco has introduced a new HB 4100 hydraulic breaker that it says is lighter, performs better and is more efficient than its predecessor. The company said it is in the “double-digit percentage range” better.

Snags at year-end for gold miners

As they release their year-end numbers, Canadian gold miners are for the most part taking advantage of the strong gold price. The average price per ounce in 2011 was $1,571.52 allowing records to be set for revenues, ounces produced, cash…