Canadian Mining Journal Staff

GOLD: QMX updates activity at Lac Herbin

QUEBEC – Toronto-based QMX Gold Corp. may have suspended production at the Lac Herbin gold mine near Val d’Or, but the company remains very active there. It is taking this time to focus exploration on new discoveries and potential...

Canadian Mining Journal Staff | September 29, 2015 | 4:12 pm

‘No silver bullet’ for mining sector woes: Tech conference

The mining sector is facing a Darwinian moment, delegates at the first annual Technology and Innovation in Mining conference in Toronto heard in September.

Canadian Mining Journal Staff | September 29, 2015 | 4:11 pm

GUEST COMMENT: Scotiabank tracks lowest commodity prices in decade

TORONTO – Scotiabank's Commodity Price Index plunged by 10.5% month-over-month (m/m) in August 2015, ending at 91.3, which puts it 13.9% below the April 2009 bottom during the last recession and the lowest level since early 2005.

Canadian Mining Journal Staff | September 28, 2015 | 3:55 pm

GOLD: Kaminak raises $22.5M to explore, develop at Coffee project

VANCOUVER – Kaminak Gold Corp. has welcomed a significant new investor, Electrum Strategic Opportunities Fund, that has invested in the company via private placement. Kaminak will use the proceeds for exploration and development of its...

Canadian Mining Journal Staff | September 28, 2015 | 3:54 pm

GOLD: Veladero mine resumes full production

ARGENTINA – An Argentine judge has lifted the stop work order at the Veladero gold mine high in the Andes Mountains. The order banned the addition of reagents to the heap leach circuit following a cyanide spill caused by a faulty valve on...

Canadian Mining Journal Staff | September 28, 2015 | 3:52 pm

EDUCATION: Hatch, Sheridan College collaborate on innovation

OAKVILLE, Ontario – Sheridan College and Hatch have signed a memorandum of understanding that will promote further collaboration between the two organizations, aimed at enhancing educational opportunities for Sheridan students, while also...

Canadian Mining Journal Staff | September 28, 2015 | 3:50 pm

Mason Graphite outlines a robust mine at Lac Gueret

Production at Mason Graphite’s (TSXV: LLG; OTCQX: MGPHF) high margin Lac Gueret graphite deposit in northeastern Quebec could start as early as 2017.

Canadian Mining Journal Staff | September 28, 2015 | 3:48 pm

COMMENT: Newmont interested in Barrick’s Australian assets

Rumours are flying about which Barrick Gold assets will next change hands. The mining world is watching as the company strives to cut its debt by US$3.0 billion in 2015. Thanks to the sale of several “non-core” assets, Barrick is...

Canadian Mining Journal Staff | September 24, 2015 | 4:18 pm

DIAMONDS: Stornoway updates resources at Renard project

QUEBEC – Stornoway Diamond Corp. of Montreal has released an update of the Renard diamond project mineral resource estimate. The project is located 350 km north of Chibougamau in the James Bay region.

Canadian Mining Journal Staff | September 24, 2015 | 4:17 pm

TRANSPARENCY: Norton Rose offers checklist for disclosure

MONTREAL – The Canadian Extractive Sector Transparency Measures Act came into effect on June 1, 2015. It requires Canadian resource companies operating offshore to follow certain rules in order to fight corruption. It differs from...

Canadian Mining Journal Staff | September 24, 2015 | 4:15 pm

STUDY: Legal and economic uncertainty in Yukon

VANCOUVER – The legal certainty established by modern land claim agreements in Yukon – once seen as an advantage in attracting new investment – is now being undermined by Canadian courts, according to a new study released...

Canadian Mining Journal Staff | September 24, 2015 | 4:13 pm

Goldcorp stays positive on Eleonore gold mine

Goldcorp (TSX:G; NYSE: GG) highlights the potential at its Eleonore gold mine in northern Quebec, despite recently lowering the project’s 2015 production forecast, partly due to higher than expected mining dilution.

Canadian Mining Journal Staff | September 24, 2015 | 4:12 pm

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