Canadian Mining Journal

VMS Ventures Inc

  • NICKEL-COPPER: Royal Nickel buys into Australian, Manitoban mines

    February 1, 2016 by Canadian Mining Journal

    TORONTO – Royal Nickel Corp. is buying into two mining companies, thus launching itself into the ranks of nickel and copper-gold producers. It is buying a 67% interest in Salt Lake Mining and a 100% interest in VMS Ventures. Salt

  • News

    COPPER: Progress continues at Reed Mine in Flin Flon

    July 15, 2014 by Canadian Mining Journal Staff

    VANCOUVER: VMS Ventures Inc. has just issued an update on the progress that has been made at the Reed (copper-zinc-gold-silver) mine, near Flin Flon, Manitoba. The company owns 30% of the mine while Hudbay Minerals Inc. owns the balance and is…

  • News

    FUNDING: Hudbay bulks up for three growth projects

    December 4, 2013 by Canadian Mining Journal Staff

    TORONTO – Hudbay Minerals is bulking up its treasury by issues US$100 million of its 9.5% senior unsecured notes due Oct. 1, 2020. These notes are in addition to the US$650 million raised by issuing similar unsecured notes in September…

  • News

    COPPER: Production begins at Reed mine

    October 1, 2013 by Canadian Mining Journal Staff

    MANITOBA – With the receipt of the environmental licence, Hudbay Minerals (70%) of Toronto has begun initial concentrate production from the Reed copper 1,300- t/d underground mine near Snow Lake. VMS Ventures of Vancouver holds 30% of…

  • News

    COPPER: Ore pad, refuge station readied at Reed project

    August 21, 2013 by Canadian Mining Journal Staff

    MANITOBA – Word comes from 30% joint venture partner VMS Ventures of Vancouver that work is progressing at the Reed copper project near Flin Flon. During July construction of the surface ore pad and excavation of the 60-metre level refuge…

  • Feature

    A look at how ‘juniors’ make a difference by creating new opportunities

    August 1, 2013 by Canadian Mining Journal Staff

    As most of the world knows, the Prospectors and Developers Association of Canada is recognized as one of the more respected authorities on what’s happening within the exploration and development industry.

  • News

    COPPER: Production from Reed expected by year end

    May 27, 2013 by Canadian Mining Journal Staff

    MANITOBA – Development work is coming along nicely at the Reed copper project 50 km southwest of Snow Lake. Owners Hudbay Minerals (70% and operator) and VMS Ventures (30%) are anticipating the start of production before the end of 2013.

  • News

    Hudbay continues to build on Manitoba legacy

    April 18, 2013 by Canadian Mining Journal Staff

    VANCOUVER — Canadian base metal producer Hudbay Minerals (HBM-T) laid a foundation for success on the Flin Flon Greenstone Belt in northern Manitoba roughly 85 years ago. During that time the company has developed 26 mines in the region…

  • News

    COPPER DEVELOPMENT: HudBay, VMS break ground for Reed mine

    August 15, 2012 by Canadian Mining Journal Staff

    MANITOBA – HudBay Minerals (70%) of Toronto and VMS Ventures (30%) of Vancouver broke ground on Aug. 14, 2012, for the new Reed copper mine 50 km southwest of Snow Lake. Initial production is expected by Q3 2013 and full production…

  • Feature

    21st Century geophysics helps with exporation and discovery

    July 31, 2012 by Rick Mark*

    There are tremendous changes taking place in the Canadian mining industry these days and the opportunity for a new mine discovery is both quite challenging and very exciting.

  • News

    COPPER STUDY: Reed PFS looks at 1,300 t/d longhole open stoping

    May 16, 2012 by Canadian Mining Journal Staff

    MANITOBA – The pre-feasibility study of the Reed copper deposit near Snow Lake demonstrates that indicated resources can be converted to reserves and that production by longhole open stoping at a rate of 1,300 t/d is economically viable….

  • News

    FINANCING: HudBay to issue notes worth $400-M

    May 14, 2012 by Canadian Mining Journal Staff

    TORONTO – HudBay Minerals has announced its intention to offer senior unsecured notes in the aggregate principal amount of US$400 million. They will be due in 2020. The company’s brief news release said it intends to use the…