Canadian Mining Journal Staff

NICKEL: KGHM puts McCreedy West mine on care and maintenance Oct. 1

ONTARIO – KGHM International of Toronto says low metal prices are forcing it to put its McCreedy West nickel mine on care and maintenance by Oct. 1, 2015. The mine is located near Sudbury.

Canadian Mining Journal Staff | September 22, 2015 | 4:20 pm

REPORT: NOAMI performance update

OTTAWA – Natural Resources Canada has issued the 2009-15 performance report for the National Orphaned and Abandoned Mines Initiative. NOAMI was created in 2001 to build a national database of abandoned mines, gather community...

Canadian Mining Journal Staff | September 22, 2015 | 4:19 pm

GOLD: Agnico updates Mexican exploration success

MEXICO – Toronto-based Agnico Eagle Mines is enjoying continued exploration success at three of its Mexican gold properties.

Canadian Mining Journal Staff | September 22, 2015 | 4:17 pm

Sherritt moves to protect liquidity

Sherritt International's (TSX: S) president and CEO David Pathe did not mince words when he said the firm must take action to protect its balance sheet in order to withstand lower commodity prices at a time when “more than 60% of global...

Canadian Mining Journal Staff | September 22, 2015 | 4:16 pm

GOLD: Detour Gold pours one millionth oz at Detour Lake

ONTARIO – Detour Gold Corp. of Toronto has poured its one millionth ounce of gold at the Detour Lake mine 185 m northeast of Cochrane. The first gold bar was poured less than three years ago, on Feb. 18, 2013, at the $1.45-billion project.

Canadian Mining Journal Staff | September 21, 2015 | 4:23 pm

OIL SANDS: Total E&P sells part of Fort Hills interest to Suncor

ALBERTA – Total E&P, an arm of the French petroleum producer, has agreed to sell a 10% working interest in the Fort Hills oil sands project to Suncor Energy of Calgary for a reported $310 million. The $15-billion project 90 km north...

Canadian Mining Journal Staff | September 21, 2015 | 4:22 pm

GOLD: Copper sidelined as Barrick refocuses on gold

TORONTO – Barrick Gold will fold its copper division and refocus on gold production following the sale of half of its interest in the Zaldavar copper mine Chile and the write down at its Lumwana copper mine in Zambia.

Canadian Mining Journal Staff | September 21, 2015 | 4:20 pm

URANIUM: High grades expand mineralization for Fission at PLS

SASKATCHEWAN – Once again Fission Uranium of Kelowna, BC, is reporting high grades assays from drilling at its Patterson Lake South uranium project on the southwest rim of the Athabasca basin. The results underscore the growth of the...

Canadian Mining Journal Staff | September 21, 2015 | 4:19 pm

Latin American miners unhappy with costs, survey says

Latin American miners gave low grades to equipment manufacturers in a recent survey by data and intelligence firm Timetric.

Canadian Mining Journal Staff | September 21, 2015 | 4:18 pm

LEAD-ZINC: Canadian Zinc ups resource tonnage at Prairie Creek

NORTHWEST TERRITORIES - Vancouver-based Canadian Zinc Corp. has increased the resource tonnages by 32% at its Prairie Creek lead-zinc-silver mine 200 km west of Fort Simpson.

Canadian Mining Journal Staff | September 17, 2015 | 3:54 pm

SAFETY: Western Australia launches code for autonomous mining systems

WESTERN AUSTRALIA – Earlier this week Western Australia mining minister Bill Marmion approved the world’s first safety code of practice for autonomous mining systems.

Canadian Mining Journal Staff | September 17, 2015 | 3:53 pm

MINING PEOPLE: GeoMegA, Geoscience BC, and SNC-Lavalin

GeoMegA Resources of Montreal has appointed Kiril Mugerman its new president and CEO. He holds an honours degree in earth and planetary sciences from McGill University, bringing both technical and financial experience to the post. Interim CEO...

Canadian Mining Journal Staff | September 17, 2015 | 3:52 pm

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