Canadian Mining Journal Staff

COPPER: Antofagasta to buy half of Zaldivar mine from Barrick

TORONTO – Barrick Gold has agreed to sell a 50% interest in its Zaldivar copper mine in Chile to Antofagasta Plc for a slightly more than US$1 billion in cash. The decision followed a highly competitive auction process that involved some...

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

CRUSHER: New C-1545 from Terex high capacity cone crusher

LOUISVILLE, Kentucky – There is a new cone crusher on the market, the Terex® Finlay C-1545 for high capacity applications. The manufacturer says this unit consistently provides high output capacity.

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

Centerra swings back into profit

Centerra Gold (TSX: CG) posted a profit in the second quarter, amid a sea of red for gold miners hurt by lower commodity prices.

Canadian Mining Journal Staff | August 4, 2015 | 4:09 pm

NICKEL: Royal Nickel’s Dumont project gets environmental nod

QUEBEC – The federal government has made a positive environmental decision for the Dumont nickel project 25 km west of Amos. The Minister of Environment determined that the project is not likely to cause significant environmental effects.

Canadian Mining Journal Staff | July 30, 2015 | 4:18 pm

LITHIUM: Nemaska granted environment okay for Whabouchi project

QUEBEC – Nemaska Lithium of Quebec city has been granted a positive federal environmental assessment decision for its Whabouchi lithium project 300 km northwest of Chibougamau. The company expects to receive its provincial government...

Canadian Mining Journal Staff | July 30, 2015 | 4:17 pm

GOLD: OceanaGold-Romarco fusion to create low cost producer

MELBOURNE, Australia, and TORONTO – OceanaGold Corp. and Romarco Minerals have agreed to a deal that will see OceanaGold acquire all of the issued and outstanding Romarco common shares. The all-share deal puts a value of about C$856...

Canadian Mining Journal Staff | July 30, 2015 | 4:16 pm

OIL SANDS: Suncor pumps up bitumen numbers in Q2

ALBERTA – Suncor Energy, headquartered in Calgary, generated cash flows in excess of $2.1 billion in Q2 2015, despite the recent drop in crude oil prices. Earnings were in the black, too. The operating figure was $906 million ($0.63 per...

Canadian Mining Journal Staff | July 30, 2015 | 4:14 pm

MINING PEOPLE: Apogee Silver, Energizer, Excellon, Red Pine, and Sierra Metals

There have been two significant management changes at Apogee Silver of Toronto. Fred Leigh is now CEO, and Neil Said is corporate secretary.

Canadian Mining Journal Staff | July 30, 2015 | 4:11 pm

First Majestic looks to snatch SilverCrest

First Majestic Silver (TSX: FR; NYSE: AG) is buying SilverCrest Mines (TSX: SVL) in a largely all-share, $154-million deal to bulk up its treasury and asset base. 

Canadian Mining Journal Staff | July 30, 2015 | 4:10 pm

PLATINUM: NAP second quarter suffers from mill interruption

ONTARIO – A mill shutdown from May 8 to June 26 at the Lac des Iles mine has cut deeply into the second quarter results of Toronto-based North American Palladium. The mill was idled due to water balance issues caused by a late and rapid...

Canadian Mining Journal Staff | July 29, 2015 | 4:13 pm

TAILINGS: Dam breaches increasing in frequency

WASHINGTON, DC – A new report available at Earthworks Action notes that catastrophic tailings spills are occurring with increasing frequency around the world. Moreover, the new study, The Risk, Public Liability, and Economics of Tailings...

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

URANIUM: Denison drills new mineralization at Murphy Lake

SASKATCHEWAN – Toronto's Denison Mines, operator of the Murray Lake project 30 km northwest of the McClean Lake mill, hit uranium mineralization in the first hole of a four-hole program. Hole MP-15-03 returned 0.2% eU3O8 over 6.9 metres...

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

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