Canadian Mining Journal Staff

JUNIORS: PwC report – Waiting out uncertainty

PwC has for the eighth time looked at the 100 largest (by market cap) junior miners on the TSXV exchange and taken their financial pulse. They are struggling, but they have the grit and determination necessary to hang on until the economic...

Canadian Mining Journal Staff | October 29, 2014 | 4:16 pm

CAMESE uncovers hidden value of mining supply and services sector

The Canadian Association of Mining Equipment and Services for Export (CAMESE) has released the findings of a new economic impact survey reveals that the mining supply and services (MSS) industry generates 60,000 jobs across Ontario and is...

Canadian Mining Journal Staff | October 29, 2014 | 4:13 pm

GOLD: The jobs and wealth created by a mine in Ontario

TORONTO – The Ontario Mining Association has crunched the numbers and created a stunning infographic that underlines the new jobs and wealth created by opening just one new gold mine in the northern part of the province.

Canadian Mining Journal Staff | October 29, 2014 | 4:11 pm

NICKEL: Despite record Q3 production, Sherritt cuts head office staff

TORONTO – Sherritt International has restructured and cut approximately 10% of its salaried workforce, excluding Ambatovy. As part of the plan the number of employees in the head office has been reduced by approximately 25% and cuts were...

Canadian Mining Journal Staff | October 29, 2014 | 4:09 pm

Kaminak’s Coffee project is ‘as vanilla as it gets’

Kaminak Gold (TSXV: KAM; US-OTC: KMKGF) CEO Eira Thomas says the company’s high grade, high margin Coffee gold project in the Yukon would be simple to mine and process.

Canadian Mining Journal Staff | October 29, 2014 | 4:07 pm

ZINC-LEAD: Canstar Drills 11.5 metres of sulphides at Mary March

NEWFOUNDLAND – The summer drilling program extended the Mary March polymetallic zone by 50 metres to the northeast and at depth for Canstar Resources of Toronto. The project, located 20 km from the former Buchans mine in the centre of the...

Canadian Mining Journal Staff | October 28, 2014 | 4:25 pm

GOLD: Mawson testing recovers up to 99% Au from Palokas sample

FINLAND – Mawson Resources of Vancouver has the results of preliminary metallurgical tests on drill core from the Palokas prospect at the Rompas-Rajapalot gold project, and those results are "significant", to quote company president and...

Canadian Mining Journal Staff | October 28, 2014 | 4:22 pm

Atlas Copco, RCT unite to offer underground equipment automation solutions

PERTH, Western Australia – The world of underground mining is becoming increasingly challenging. Issues associated with deeper orebodies, increasing costs and the drive for greater social responsibility continue to pressure the viability...

Canadian Mining Journal Staff | October 28, 2014 | 4:20 pm

PotashCorp sees a strong finish to 2014

Despite Potash Corp. of Saskatchewan’s (TSX: POT; NYSE: POT) third quarter profit declining 11%, it expects to finish the year on an upbeat note.

Canadian Mining Journal Staff | October 28, 2014 | 4:18 pm

URANIUM: Fission drills 24.87% U3O8 at PLS

SASKATCHEWAN – There's no slowing the flow of good news from the Patterson Lake South property in the Athabasca Basin. Fission Uranium of Kelowna, BC, said all 13 holes drilled in the R780E zone returned strong mineralization at shallow...

Canadian Mining Journal Staff | October 27, 2014 | 4:10 pm

IRON ORE: Champion adds up numbers at Fire Lake North

QUEBEC – Champion Iron Limited of Toronto has realesed resource and reserve numbers for the Fire Lake North iron ore joint venture near Fermont. All figures are compliant to Australian Joint Ore Reserve Committee (JORC) standards.

Canadian Mining Journal Staff | October 27, 2014 | 4:09 pm

AWARDS: BBA engineers a better Canada at Detour Lake

OTTAWA – Twenty-one Canadian consulting engineering firms received the highest recognition last week at the 2014 Canadian Consulting Engineering Awards Gala. The awards, which are presented jointly by the Association of Consulting...

Canadian Mining Journal Staff | October 27, 2014 | 4:07 pm

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