Canadian Mining Journal Staff, Author at Canadian Mining Journal

MINING PEOPLE: Eastmain, Manitou Gold, Lake Shore, Noront, and Vale

Dr. John Hansuld has been named lead director at Toronto-based Eastmain Resources. He is a member of the Canadian Mining Hall of Fame, as well as being the Northern Miner's Mining Man of the Year, the PDAC Developer of the Year, and...

Canadian Mining Journal Staff | April 30, 2015 | 4:21 pm

Kivalliq, Roughrider see promise outside the Athabasca

VANCOUVER — Excitement is building over uranium deposits outside the prolific Athabasca basin. And joint venture partners Kivalliq Energy (TSXV: KIV; US-OTC: KVLQF) and Roughrider Exploration (TSXV: REL) are hoping to...

Canadian Mining Journal Staff | April 30, 2015 | 4:19 pm

COMMENT: High pay fuels shareholder unrest at Barrick meeting

Just as it did two years ago, high executive salaries and benefits raised the ire of Barrick Gold shareholders at the annual general meeting held April 28 in Toronto. At the center of both occasions were the extraordinary compensation of...

Canadian Mining Journal Staff | April 29, 2015 | 4:15 pm

URANIUM: Fission raises $20M for PLS exploration

SASKATCHEWAN – Fission Uranium Corp. of Kelowna, BC, has completed a bought deal financing for gross proceeds of $20.01 million. The company issued 13.34 million flow-through shares plus another 1.74 million as an overallotment at a price...

Canadian Mining Journal Staff | April 29, 2015 | 4:14 pm

GOLD: High grades extended at Lower Detour Lake

ONTARIO – Toronto-based Detour Gold Corp. reports that eight diamond drill holes have confirmed the continuity of high grade gold mineralization in the Lower Detour Lake area, about 6 km south of the Detour Lake gold mine in northern...

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

GOLD: Determination possible at ppb level at drilling site, no long waits

ADELAIDE, South Australia – Researchers at the University of Adelaide's Institute for Photonics and Advanced Sensing have developed a portable method for detecting trace amounts of gold in ore samples on-site at the drill...

Canadian Mining Journal Staff | April 29, 2015 | 4:10 pm

Mines Management reaches milestone at Montanore

It’s taken more than a decade, but Mines Management (TSX: MGT; NYSE: MGN) believes it is finally on the brink of pushing its Montanore project in northwestern Montana past the permitting finishing line. The United States Forest...

Canadian Mining Journal Staff | April 29, 2015 | 4:08 pm

CHROMITE: Noront’s Ring of Fire purchase closes

ONTARIO – Noront Resources' buyout of the Ontario assets of Cliffs Natural Resources has closed, but not without controversy and only after the intervention of the court. Toronto-based Noront offered US$20 million last month for Cliffs'...

Canadian Mining Journal Staff | April 28, 2015 | 3:50 pm

IRON ORE: Penguin Lake tests creates clean, 65% Fe concentrate

QUEBEC – Metallurgical tests carried out on samples of mineralized material from the Penguin Lake project resulted in a clean, 65.3% Fe concentrate. The Penguin Lake project, in the southern Labrador Trough, is owned by Champion Iron and...

Canadian Mining Journal Staff | April 28, 2015 | 3:48 pm

GOLD: Premier to drill Hasaga property

ONTARIO – Thunder Bay, ON-based Premier Gold Mines has begun diamond drilling on its 100% owned Hasaga gold property near Red Lake. The property was acquired earlier this year in an asset swap with Goldcorp. The Hasaga property has three...

Canadian Mining Journal Staff | April 28, 2015 | 3:46 pm

AWARD: Fasken Martineau named global mining law firm of 2015

TORONTO – Fasken Martineau, a leading international business law and litigation firm, announced today that it has been awarded global Mining Law Firm of the Year for 2015 by Who's Who Legal. This is the seventh time that Fasken Martineau...

Canadian Mining Journal Staff | April 28, 2015 | 3:38 pm

Yamana expands footprint via $17.5M Mega Precious bid

VANCOUVER — Producer Yamana Gold (TSX: YRI; NYSE: AUY) is hoping to further expand its presence in Canada with a $17.5-million cash and shares agreement for explorer Mega Precious Metals (TSXV: MGP) and its 338...

Canadian Mining Journal Staff | April 28, 2015 | 3:37 pm

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