Canadian Mining Journal Staff, Author at Canadian Mining Journal

GOLD: TMAC IPO reaps $135M

TORONTO – TMAC Resources has completed its initial public offering, raising $136 million in the process. The company issued 22.5 million common shares at a price of $6.00 per share. The shares are trading on the TSX under the symbol TMR.

Canadian Mining Journal Staff | July 7, 2015 | 1:21 pm

CYANIDE CODE: Cyanco’s North American rail and truck supply chain recertified

WASHINGTON, DC - The International Cyanide Management Institute (ICMI) announced that Cyanco Corp.’s North America rail and truck supply chain has been recertified in compliance with the International Cyanide Management Code.

Canadian Mining Journal Staff | July 7, 2015 | 1:20 pm

MAINTENANCE: ESCO launches SecureLift system for bucket points

PORTLAND, Oregon – ESCO Corporation has made it SecureLift™ lifting system commercially available. The new solution enhances ESCO's state-of-the-art mining Nemisys® lip system, creating an integrated lifting system for bucket...

Canadian Mining Journal Staff | July 7, 2015 | 1:19 pm

PotashCorp aims to regain market influence with K+S bid

Canadian giant Potash Corp. of Saskatchewan (TSX: POT; NYSE: POT) is considering a mega deal for Germany's K+S Aktiengesellschaft that could materially change the landscape in the fertilizer business. The world's largest...

Canadian Mining Journal Staff | July 7, 2015 | 1:17 pm

GOLD: IamGold cuts 2015 outlook after third Westwood rockburst

QUEBEC – Toronto-based IamGold reported a third rockburst at its Westwood gold mine, and the occurrence has the company cutting its 2015 guidance at the mine in half. Expectations are now that 60,000 to 75,000 oz of gold will be recovered...

Canadian Mining Journal Staff | July 6, 2015 | 1:15 pm

POTASH: Western Potash gets $80M infusion for Milestone project

SASKATCHEWAN – Following the completion of a positive scoping study for its Milestone solution potash project 30 km east of Regina, Western Potash Corp. of Vancouver says its has received an $80-million equity investment by Beijing Tairui...

Canadian Mining Journal Staff | July 6, 2015 | 1:11 pm

GOLD-COPPER: Western, Tr’ondk Hwch’in sign deal for Casino project

YUKON – Western Copper and Gold Corp. and the Tr'ondëk Hwëch'in (TH) First Nation have signed an initial co-operation agreement for the Casino gold-copper project 300 km northwest of Yellowknife. A portion of the Casino property...

Canadian Mining Journal Staff | July 6, 2015 | 1:07 pm

GOLD-COPPER: Discovery Ventures applies to take bulk sample at Willa

BRITISH COLUMBIA – Discovery Ventures of Vancouver has filed an application with the BC Ministry of Mines to take a 10,000-tonne bulk sample from its Willa gold-copper project in the Slocan district. The permit also allows trenching,...

Canadian Mining Journal Staff | July 6, 2015 | 1:05 pm

NioCorp CEO provides cash to company

For the second time in less than two months, Mark Smith of NioCorp Developments (TSX: NB; US-OTC: NIOBF) has dug into his own pockets for loans to the company he leads.

Canadian Mining Journal Staff | July 6, 2015 | 1:03 pm

MINING: North American Palladium Announces Resumption of Milling Operations

TORONTO - North American Palladium Ltd. announced today that milling operations at its Lac des Iles ("LDI") mine site were successfully restarted on June 26, 2015. Underground operations continued during the suspension of milling...

Canadian Mining Journal Staff | July 3, 2015 | 5:36 am

MERGERS: Alamos and AuRico Metals Announce Completion of Merger

TORONTO - Alamos Gold Inc. and AuRico Metals Inc. are pleased to announce the completion of the previously announced arrangement ("Arrangement") involving Alamos Gold Inc. (a predecessor to Alamos) ("Former Alamos")...

Canadian Mining Journal Staff | July 2, 2015 | 12:29 pm

TAKEOVER BID: Red Eagle Mining makes bid to acquire CB Gold

VANCOUVER: Red Eagle Mining Corporation just announced that it has formally commenced its share exchange takeover bid to acquire all of the issued and outstanding shares of CB Gold Inc. in exchange for shares of Red Eagle Mining.

Canadian Mining Journal Staff | July 2, 2015 | 12:28 pm

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