Canadian Mining Journal Staff

BMO: Freeport-McMoRan ‘sending the right message’

VANCOUVER — It's been a year of change for miner Freeport-McMoRan Copper & Gold (NYSE: FCX) that has included a significant portfolio shuffle and a renewed focus on a strong balance sheet and dividend program. The...

Canadian Mining Journal Staff | December 8, 2014 | 4:14 pm

DIAMONDS: Star-Orion South project given federal approval

SASKATCHEWAN – The Canadian Environmental Assessment Agency has made a positive decision for Shore Gold's Star-Orion South diamond project 60 km east of Prince Albert. Making the announcement, environment minister Leona Aglukkaq said the...

Canadian Mining Journal Staff | December 4, 2014 | 3:44 pm

GOLD: Wesdome to pour one-millionth oz at Eagle River

ONTARIO – Mark the date – Dec. 5, 2015 – as the day Toronto's Wesdome Gold Mines pours its one-millionth oz of gold at its Eagle River mine in Wawa. The first gold was poured on Oct. 17, 1995.

Canadian Mining Journal Staff | December 4, 2014 | 3:42 pm

MINING PEOPLE: Alphamin, Alloycorp (Avanti Mining), Calibre Mining, Castle Resources, Falco Resources, and Mega Precious Metals

Bruce Curling has assumed the CEO role on a permanent basis at Vancouver's Alphamin Resources Corp. He had been assisted by Brendon Jones, but Jones is relinquishing his transitional CEO role but retaining a non-executive seat on the board. In...

Canadian Mining Journal Staff | December 4, 2014 | 3:37 pm

SAFETY: A life saving model for oil sands operations

CALGARY – Injuries to workers in the oil sands are on the decline, but using data analysis tools and making some cultural shifts can help make workers even safer, says a new report released today from Visser Deloitte.

Canadian Mining Journal Staff | December 4, 2014 | 3:35 pm

Vale may sell part of its base metals division

After paying almost US$20 billion for Inco in 2006, Vale (NYSE: VALE) says it may sell a portion of its base metals division to unlock value.

Canadian Mining Journal Staff | December 4, 2014 | 3:34 pm

GIVING: Help Noront bring Christmas to First Nations in Ring of Fire

As the holiday season draws nearer, Noront Resources' employees are organizing the Sixth Annual Ring of Fire Christmas Fund. Over the past five years, the fund has raised more than $75,000 in donations. That ensured that each child under the...

Canadian Mining Journal Staff | December 3, 2014 | 4:13 pm

GOLD: Lake Shore closes $15M flow-through deal

ONTARIO – Toronto-based Lake Shore Gold has closed a bought deal private placement financing for $15 million. The company issued 12.9 million flow-through common shares at a price of $1.17 each. The shares were bought by a syndicate of...

Canadian Mining Journal Staff | December 3, 2014 | 4:11 pm

GOLD: Marathon reports high recoveries from Leprechaun tests

NEWFOUNDLAND – Marathon Gold Corp. of Toronto calls metallurgical tests of ore from its Leprechaun gold deposit in the central part of the province "very positive." The results of several bench scales tests indicated that direct...

Canadian Mining Journal Staff | December 3, 2014 | 4:09 pm

NICKEL: Westhaven drills 150+ metres of 0.18% Ni and 0.010% Co at Ben

BRITISH COLUMBIA – Westhaven Ventures of Vancouver recently completed a nine-hole drill program at its Ben property 50 km north of Williams Lake. The best intersection was 153.7 metres of 0.18% Ni and 0.010% Cu starting from the bedrock...

Canadian Mining Journal Staff | December 3, 2014 | 4:08 pm

Scotiabank’s Patricia Mohr favours base metals in 2015

Patricia Mohr, vice-president economics and commodity market specialist at Scotiabank in Toronto, will release her metal price forecasts for 2015 in her annual year-end report just before Christmas. But she agreed to share some of her thoughts...

Canadian Mining Journal Staff | December 3, 2014 | 4:07 pm

URANIUM: Gryphon high grades add to Wheeler River for Denison

SASKATCHEWAN – Denison Mines Corp. of Toronto has received the last of the assays from the summer drill program on the new Gryphon zone at the Wheeler River property between the Key Lake mill and McArthur River uranium deposit in...

Canadian Mining Journal Staff | December 2, 2014 | 3:48 pm

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