Canadian Mining Journal Staff

WATERPROOFING: Cabo Drilling acquires WorldWide EnviroChem

NEW WESTMINSTER, British Columbia - Cabo Drilling Corp. has entered into an agreement to acquire 100% of WorldWide EnviroChem Corp. (WWEC) for total consideration of $870,000. Cabo will assume an existing debt owing in the amount of $125,000...

Canadian Mining Journal Staff | December 10, 2014 | 3:41 pm

Lucara takes conservative stance on Karowe’s prospects

VANCOUVER — It's been a successful two-year run for producer Lucara Diamond (TSX: LUC; US-OTC: LUCRF) at its Karowe mine in Botswana, and the company isn't showing any signs of slowing down. On Dec. 9 Lucara released its...

Canadian Mining Journal Staff | December 10, 2014 | 3:39 pm

URANIUM: Hearings scheduled Dec. 15 in Montreal

MONTREAL – The Quebec Bureau d'audiences publiques sur l'environnement (BAPE) will hold public hearings in Montreal on Dec. 15, 2014, concerning the fate of the province's uranium industry.

Canadian Mining Journal Staff | December 9, 2014 | 4:13 pm

AWARDS: AME BC announces exploration winners

VANCOUVER - The Association for Mineral Exploration British Columbia (AME BC) is pleased to announce the 2014 recipients of its annual awards presented to individuals or teams for significant contributions to the mineral exploration and...

Canadian Mining Journal Staff | December 9, 2014 | 4:10 pm

GOLD: Yamana’s Mercedes mine certified under the Cyanide Code

MEXICO – The International Cyanide Management Institute (ICMI) of Washington, DC, has certified that Yamana Gold's Mercedes mine in Sonora state is in full compliance with the Cyanide Management Code. ICMI accepted the findings of a third...

Canadian Mining Journal Staff | December 9, 2014 | 4:09 pm

COPPER: EPA issues permit for Taseko’s Florence copper

ARIZONA – The US Environmental Protection Agency has issued the draft underground injection control permit for the Florence copper production test facility in the town of the same name. The project is owned by Taseko Mines of Vancouver.

Canadian Mining Journal Staff | December 9, 2014 | 4:08 pm

Dundee: Cost reductions proving elusive for gold miners

VANCOUVER — Cost optimization has been an underlying theme for gold miners over the past few years. Volatile metal prices and frugal capital markets have manufactured a difficult balancing act between sustainable production growth and...

Canadian Mining Journal Staff | December 9, 2014 | 4:07 pm

EXPLORATION: 2014’s largest exploration budgets

SNL Metals and Mining, with offices in Calgary, has added up mineral exploration expenditures for 2014 and published a very interesting report on its findings.

Canadian Mining Journal Staff | December 8, 2014 | 4:26 pm

GOLD: Pretium receives $81M cash injection from Zijin

VANCOUVER – Pretium Resources has announced that Zijin Mining Group of China is making an $81-million investment in the Canadian company. Pretium has agreed to issue approximately 12.8 million shares to the Zijin, giving that company a...

Canadian Mining Journal Staff | December 8, 2014 | 4:24 pm

AWARD: Teck at Trail wins TSM leadership award

TRAIL, British Columbia – For its outstanding performance measured by the Towards Sustainable Mining (TSM) initiative, Teck Trail Operations has been awarded a special TSM Leadership award. The award was made by the Mining Association of...

Canadian Mining Journal Staff | December 8, 2014 | 4:21 pm

GOLD: Sirios cuts two new zones at Cheechoo

QUEBEC – Diamond drilling in October at the Cheechoo property in the James Bay region has resulted in two new gold zones, said owner Sirios Resources of Montreal.

Canadian Mining Journal Staff | December 8, 2014 | 4:19 pm

SPINOUT: BHPBilliton names newco “South32”

MELBOURNE, Australia – BHP Billiton says the new company it intends to create through its proposed demerger will be called South32. Most of the new company's assets are located in the southern hemisphere with two regional centres –...

Canadian Mining Journal Staff | December 8, 2014 | 4:17 pm

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