Canadian Mining Journal Staff

GOLD: lonore reaches commercial production

QUEBEC – Goldcorp of Vancouver says its Éléonore gold mine in the James Bay region reached commercial production on April 1, 2015. The mine is expected to produce between 290,000 and 330,000 oz of gold in 2015.

Canadian Mining Journal Staff | April 1, 2015 | 4:05 pm

PRODUCTIVITY: Use data analytics and targeted training says Immersive Technologies

PERTH, Australia - It’s one of the biggest challenges facing mine sites today: “How can we increase productivity without compromising safety or increasing cost?” Immersive Technologies, a leader in mining training solutions,...

Canadian Mining Journal Staff | April 1, 2015 | 4:02 pm

Innovation key to solving mining sector woes

Miners are facing a more complex and difficult business environment than ever, with the pressures of rising costs, declining commodity prices, and rising social and investor demands continuing to build.

Canadian Mining Journal Staff | April 1, 2015 | 4:00 pm

RARE EARTHS: Pele Mountain invites Chinese to REE project

ONTARIO – Pele Mountain Resources of Toronto has entered into a tentative deal with a Chinese company in the hopes of finally developing its Echo Ridge rare earth property in Elliot Lake. The aim is to create a joint venture to build a...

Canadian Mining Journal Staff | March 31, 2015 | 4:14 pm

DIAMONDS: Stornoway draws down first tranche of stream financing

QUEBEC – Montreal-based Stornoway Diamond Corp. has drawn down the first US$80 million tranche of diamond stream funding supplied by Orion Mine Finance and the Caisse de depot et placement du Quebec. Two more tranches are to be drawn down...

Canadian Mining Journal Staff | March 31, 2015 | 4:12 pm

URANIUM: Fission drills high grades north of Main zone

SASKATCHEWAN – Fission Uranium of Kelowna, BC, has drilled mineralized intervals in all 15 of the recent holes at its Patterson Lake South uranium property on the western edge of the Athabasca Basin. Better yet, a new high grade interval...

Canadian Mining Journal Staff | March 31, 2015 | 4:11 pm

Golden Star to lower costs at Wassa gold mine

Cash-strapped Golden Star Resources (TSX: GSC; NYSE-MKT: GSS) has reported a feasibility study that shows adding an underground mine to its producing Wassa open pit gold mine in Ghana could bring down costs.

Canadian Mining Journal Staff | March 31, 2015 | 4:09 pm

COMMENT: Comings and goings-on at Barrick Gold

Being the world's largest producer of gold is a mixed blessing. Barrick Gold of Toronto holds that distinction, having produced 6.25 million oz of the stuff in 2014. Yes, it's great to be the biggest, but it also makes the company a lightning...

Canadian Mining Journal Staff | March 30, 2015 | 4:27 pm

ZINC-LEAD-COPPER: Trevali begins mining at Caribou project

NEW BRUNSWICK – Trevali Mining Corp. of Vancouver has begun mining at its Caribou zinc-lead-copper mine in the Bathurst Mining Camp. Ore is being stockpiled until the mill is commissioned in Q2 2015.

Canadian Mining Journal Staff | March 30, 2015 | 4:26 pm

DIAMONDS: Peregrine to acquire explorer in Botswana

VANCOUVER – Peregrine Diamonds has entered into an agreement to acquire all of the shares of a private exploration company, Diamexstrat Botswana. DES Botswana's primary assets are eight diamond prospecting licences covering 5,746 km2 in...

Canadian Mining Journal Staff | March 30, 2015 | 4:24 pm

GOLD: Integra files updated Lamaque resource estimate

QUEBEC – Integra Gold Corp. of Vancouver has filed an independent 43-101 report on the Lamaque gold project at Val d'Or. The updated resource includes a further 126 holes drill at the Triangle zone (33,000 metres) and the Parallel zone...

Canadian Mining Journal Staff | March 30, 2015 | 4:22 pm

AWARD: Sonic Drill pioneer, Ray Roussy, joins international hall of fame

SURREY, British Columbia – Canadian engineer, Ray Roussy, recently accepted a fourth award for his development and commercialization of sonic drilling technology.

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

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