Canadian Mining Journal Staff

Stillwater retrenches in hopes of PGM recovery

VANCOUVER — Denver-based Stillwater Mining (TSX: SCW.U; NYSE: SWC) has been forced to make tough decisions in response to falling platinum group metals (PGM) prices, with layoffs and a sharper focus on cost control that will hopefully...

Canadian Mining Journal Staff | August 25, 2015 | 4:07 pm

CHROMITE: Noront files updated 43-101 for three Ring of Fire deposits

ONTARIO – Toronto-based Noront Resources recently filed an updated 43-101 report for the recently acquired Black Thor, Black Label and Big Daddy chromite deposits in the Ring of Fire. Black Thor and Black Label are 100% owned by Noront...

Canadian Mining Journal Staff | August 24, 2015 | 4:03 pm

COPPER-GOLD: Imperial closes $44M rights offering

VANCOUVER – Imperial Metals Corp. has closed a fully subscribed rights offering that grossed slightly more than $$44.0 million. Subscribers took up 3.8 million shares under the basic privilege and a further 2.3 million shares under...

Canadian Mining Journal Staff | August 24, 2015 | 4:01 pm

CSR: CAAB announces certified companies for 2015

TORONTO – The Canadian Council for Aboriginal Business has announced its 2015 list of companies that are certified under its progressive aboriginal relations program.

Canadian Mining Journal Staff | August 24, 2015 | 4:00 pm

ANNIVERSARY: PEMAC celebrates 25 years

MISSISSAUGA, Ontario – Twenty-five years ago Canada’s first and only maintenance association was created in Toronto, born from a concern that there was no organization catering to the needs of workers in the maintenance profession...

Canadian Mining Journal Staff | August 24, 2015 | 3:59 pm

Vale green-lights underground mine at Voisey’s Bay

The natural resources industry of Newfoundland and Labrador – beaten down as it is by the steep decline in iron ore and oil prices – has received a most welcome board level confirmation from Vale that it will indeed pursue...

Canadian Mining Journal Staff | August 24, 2015 | 3:57 pm

TECHNOLOGY: NORCAT, partners to build “mine of the future”

ONTARIO – The Northern Centre for Advanced Technology in Sudbury has created new strategic partnerships with four local companies to bring NORCAT's underground mine of the future to reality in Northern Ontario.

Canadian Mining Journal Staff | August 20, 2015 | 3:56 pm

GOLD: Agnico pumps up Amaruq resource to 2M oz

NUNAVUT – Agnico Eagle Mines of Toronto continues to explore the rapidly growing Amaruq gold deposit 50 km northwest of its Meadowbank mine. Drilling through June 30, 2015, has allowed the company to expand resources at the Whale Tail...

Canadian Mining Journal Staff | August 20, 2015 | 3:55 pm

NICKEL: Receiver to be appointed for First Nickel

TORONTO – Following the suspension of all mining and development at its Lockerby nickel mine near Sudbury, ON, First Nickel appears to be headed for receivership. One of the company's creditors, Resource Capital Fund V, has demanded...

Canadian Mining Journal Staff | August 20, 2015 | 3:53 pm

MINING PEOPLE: Hatch, Alderon, Barrick, North American Palladium, and SNC-Lavalin

Dr. Chris Twigge-Molecey of Hatch is this year's recipient of the Airey Award, the most prestigious award in Canadian metallurgy, presented by the Metallurgy and Materials Society (MetSoc) of the Canadian Institute of Mining, Metallurgy and...

Canadian Mining Journal Staff | August 20, 2015 | 3:48 pm

ELECTROMAGNETS: New BAM offerings from Eriez

ERIE, Pennsylvania – The SE 7000 model line from Eriez includes a series of larger suspended electromagnets designed especially for heavy duty applications in the coal and mining industries. The larger magnets, called BAMs, are...

Canadian Mining Journal Staff | August 20, 2015 | 3:45 pm

Lake Shore takes big stake in IDM

VANCOUVER — IDM Mining (TSX: IDM; US-OTC: RVRCF) has taken a step toward production at its Red Mountain gold project – located 15 km northeast of Stewart, BC – after cleaning up its balance sheet and closing a...

Canadian Mining Journal Staff | August 20, 2015 | 3:43 pm

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