Canadian Mining Journal Staff, Author at Canadian Mining Journal

GOLD: TMAC closes $20.1M over-allotment option, bringing total IPO to over $155M

TORONTO –TMAC Resources says the underwriters have exercised their $20.1-million over-allotment option following the company's successful $135-million initial public offering. The IPO consisted of 22.5 million shares, and the...

Canadian Mining Journal Staff | August 11, 2015 | 3:53 pm

URANIUM: More high grades from Patterson Lake South

SASKATCHEWAN – Fission Uranium Corp. of Kelowna, BC, is still drilling high grades at its Patterson Lake South property near the southwest edge of the Athabasca Basin. The company has received results from 10 of the 60 holes it plans to...

Canadian Mining Journal Staff | August 11, 2015 | 3:51 pm

OIL SANDS: Herons dead at Syncrude site

ALBERTA – The Alberta Energy Regulator issued an environmental protection order to Syncrude Canada on Aug. 11 after 29 blue herons were found dead at the company's Mildred Lake site near Fort McMurray.

Canadian Mining Journal Staff | August 11, 2015 | 3:50 pm

TESTING: SGS expands Corescan mineral imaging in Canada

LAKEFIELD, Ontario - SGS Minerals Services (SGS) has expanded its hyperspectral analysis capability in North America with the addition of a unit based in Canada in August 2015. The expansion follows a significant show of support for...

Canadian Mining Journal Staff | August 11, 2015 | 3:49 pm

Primero can look forward to ‘better times ahead,’ says BMO

VANCOUVER — Primero Mining (TSX: P; NYSE: PPP) is a favoured mid-tier gold producer amongst analysts, and it isn't hard to see why following a strong second quarter marked by competitive operating costs and signs of operational...

Canadian Mining Journal Staff | August 11, 2015 | 3:46 pm

GOLD: Wesdome reports milling up, costs down for Q2

ONTARIO – Toronto's Wesdome Gold Mines has published its second quarter results along with the news that mill throughput is up and production costs are down.

Canadian Mining Journal Staff | August 10, 2015 | 4:15 pm

NICKEL-IRON: First Point, Cliffs rejig Decar project deal

BRITISH COLUMBIA - First Point Minerals Corp. of Vancouver and Cliffs Natural Resources of Cleveland, OH, have amended their agreement covering the Decar nickel-iron project 80 km north of Fort St James. It is now a contractual joint venture...

Canadian Mining Journal Staff | August 10, 2015 | 4:14 pm

COPPER: Production up at Copper Mountain

BRITISH COLUMBIA – Vancouver-based Copper Mountain Mining Corp., owner of the Copper Mountain open pit and mill 20 km south of Princeton, said that it has second quarter revenues of C$56.8 million on the sale of 18.4 million lb of copper,...

Canadian Mining Journal Staff | August 10, 2015 | 4:12 pm

SELENIUM: BioteQ wins additional contract for removal

VANCOUVER - BioteQ Environmental Technologies, a leader in the treatment of mine waters, has secured a contract with a Canadian mining company to complete a pilot scale demonstration and evaluation of its Selen-IX™ technology to remove...

Canadian Mining Journal Staff | August 10, 2015 | 4:11 pm

Equitas hunts next Voisey’s Bay

Junior Equitas Resources (TSXV: EQT; US-OTC: EQTRF) has kicked off a second phase of exploration at its Garland nickel-copper-cobalt property in Newfoundland and Labrador, with the hope of discovering deeper Voisey’s Bay style...

Canadian Mining Journal Staff | August 10, 2015 | 4:10 pm

GOLD: Barrick tightens belt after Q2 loss

TORONTO – Barrick Gold released its Q2 2015 numbers on Wednesday, revealing that it had a net loss of $9 million (all US dollars) or $0.01 per share. The adjusted net earnings were $60 million ($0.05 per share).

Canadian Mining Journal Staff | August 6, 2015 | 4:17 pm

GOLD: Richmont reports record Q2 revenues

TORONTO – Richmont Mines reported record revenues of C$40.6 million in the second quarter despite falling gold prices. The larger revenues were possible in part thanks to increased production at its Island gold mine. The mine near Wawa,...

Canadian Mining Journal Staff | August 6, 2015 | 4:15 pm

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