Canadian Mining Journal


  • FINANCE: Rubicon Minerals Announces Increased Size of New Equity Financing to $45.0 million

    October 25, 2016 by Canadian Mining Journal

    TORONTO: Rubicon Minerals Corporation announced today that as a result of strong investor demand for its new equity raise previously disclosed on October 20, 2016, BMO Capital Markets, as lead agent on behalf of a syndicate of agents, has exercised its option

  • News

    GOLD: Kinross sheds share of Lundin Gold holding

    September 26, 2016 by Canadian Mining Journal

    TORONTO – Kinross Gold Corp. has sold 5.5 million of the Lundin Gold shares it held, bringing its interest in Lundin down to 17.4% or approximately 26.2 million shares. The shares are being purchased by GMP Securities for resale on

  • LITHIUM: Aldrin Enters Lithium Market With Acquisition of Two Critical Mass, Drill Ready Projects

    September 22, 2016 by Canadian Mining Journal

    VANCOUVER: Aldrin Resource Corp. today announced the signing of an agreement to acquire two prospective lithium projects with previously completed work programs having demonstrated the presence of lithium over wide areas. The properties, respectively at Case Lake, Ontario and Larder River, Nova

  • COAL: New interest in B.C. coal mine

    September 21, 2016 by Canadian Mining Journal

    ST. JOHN’S, NEWFOUNDLAND AND LABRADOR: Altius Minerals Corporation says that the private company optionee of its Telkwa Coal project in British Columbia, Telkwa Coal Limited, has announced a conditional binding agreement to be acquired by an Australian-based public issuer, Allegiance

  • News

    Editorial: Texas to build its own gold depository

    September 1, 2016 by Canadian Mining Journal

    When the average person thinks about Texas, a few words and phrases quickly come to mind: old-school, wealthy, isolationist, entrepreneurial and open-carry. Happily we can roll all these elements into one perfect Texas story for gold bugs: the news that

  • News

    IRON ORE: Quebec pledges $175M to New Millennium DSO project

    July 27, 2016 by Canadian Mining Journal

    QUEBEC – Tata Steel Minerals Canada (TSMC), a joint venture of India’s Tata Steel (94%) and Calgary’s New Millennium Iron Corp. (6%), has received a $175-million contribution from the Quebec government for the direct shipping ore (DSO) project in the

  • News

    GOLD: High grades help Osisko raise $25M

    July 27, 2016 by Canadian Mining Journal

    QUEBEC – Osisko Mining of Montreal recently drilled 16.6 g/t Au over 6.7 metres at its Windfall Lake gold property in Urban Township. The company said it expanded this season’s drilling program at Windfall to 100,000 metres with expansion drilling

  • News

    Ascot prepares for 
Sprott’s $20M investment

    July 21, 2016 by Canadian Mining Journal

    VANCOUVER — Ascot Resources (TSXV: AOT) is reconsidering plans on how to best advance its flagship Premier gold-silver project, 20 km northeast of Stewart, BC, now that mining and exploration financier Eric Sprott wants to inject $20 million into the company. The placement,

  • MEETING: Fourth Energy and Mines World Congress coming in November

    July 20, 2016 by Canadian Mining Journal

    TORONTO – Energy and Mines has announced the launch of its Energy and Mines World Congress in association with Lightsource Renewable Energy. The congress will take place Nov. 21-22 at the Hilton Toronto and will bring together an international audience

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    INVESTMENT: Ontario pledges $5M to mining R&D effort

    July 4, 2016 by Canadian Mining Journal

    SUDBURY, ON – The Ontario government will pour $5 million into mining research and development at Laurentian University. A consortium at the school is investigating new methods of improving mineral targeting. The official award was made June 29 by Northern

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    LITHIUM: Nemaska to make $50M-$60M equity offering

    June 30, 2016 by Canadian Mining Journal

    QUEBEC CITY – Nemaska Lithium has announced details of a proposed market offering that will raise between $50 million and $60 million. The company will issue between 43.48 million and 52.17 million units. Each unit will consist of one common

  • News

    Canpotex nixes plan for potash terminal in Prince Rupert

    June 29, 2016 by Canadian Mining Journal

    Canpotex, an exclusive offshore marketing company for potash mined in Saskatchewan by Agrium (TSX: AGU; AGY: NYSE), Mosaic (NYSE: MOS) and Potash Corp. of Saskatchewan (TSX: POT; NYSE: POT), has abandoned plans to build a $775 million potash export terminal in Prince Rupert, BC, after