Canadian Mining Journal Staff, Author at Canadian Mining Journal

Iron ore price collapse claims more victims

Cliffs Natural Resources (NYSE: CLF) and London Mining (LSE: LOND) have become the latest casualties of falling iron ore prices, with Cliffs warning that it expects to record a US$6 billion non-cash impairment charge in the third quarter on its...

Canadian Mining Journal Staff | October 22, 2014 | 4:14 pm

ZINC-GOLD-COPPER: Feasibility optimized for Chieftain’s Tulsequah project

BRITISH COLUMBIA – Capex is reduced and production costs will be in the bottom quartile of zinc cash costs, according to the optimized feasibility study prepared for the Tulsequah Chief zinc-gold-copper-silver-lead project of Toronto's...

Canadian Mining Journal Staff | October 21, 2014 | 4:12 pm

COPPER-LEAD-ZINC: Canadian Zinc drills high grades at Long Lake VMS project

NEWFOUNDLAND – Vancouver-based Canadian Zinc Corp. has spent the summer drilling its Long Lake copper-lead-zinc-silver-gold volcanogenic massive sulphide project in the central part of the province with promising results. The drilling...

Canadian Mining Journal Staff | October 21, 2014 | 4:10 pm

COPPER-GOLD: Euromax sells US$175M gold stream from Ilovitza

MACEDONIA – Euromax Resources of Vancouver has sold at portion of the gold stream from its Ilovitza copper-gold project to a subsidiary of Royal Gold for US$175 million. The money will be used to fund the construction of a bulk tonnage...

Canadian Mining Journal Staff | October 21, 2014 | 4:08 pm

EXPLOSIVES: Nordex offers product and blast optimization reports

KIRKLAND LAKE, Ontario – Nordex Explosives has begun a new program to help clients wishing to identify potential costs savings. Results will be measured through efficiency reports prepared under the Nordex brand. The program is offered to...

Canadian Mining Journal Staff | October 21, 2014 | 4:06 pm

Lonmin doubles down on Wallbridge JVs in Sudbury

VANCOUVER — U.K.-based platinum group metals (PGM) outfit Lonmin (LSE: LMI; US-OTC: LNMIY) remains bullish on the Sudbury basin and its expansive joint venture with junior Wallbridge Mining (TSX: WM; US-OTC: WLBMF). On Sept. 20 Lonmin...

Canadian Mining Journal Staff | October 21, 2014 | 4:03 pm

DIAMONDS: Stornoway to add large diamond recovery to Renard plant

QUEBEC – The Renard diamond project 350 km north of Chibougamau isn't even in production yet, but it is about to take a big leap in profitability. Owner Stornoway Diamond Corp. of Montreal has decided to add a large diamond recovery...

Canadian Mining Journal Staff | October 20, 2014 | 4:08 pm

AWARD: Argex recognized for novel method of making titanium dioxide pigment

MONTREAL – Argex Titanium has won the ICIS 2014 Award for Best Innovation by a Small or Medium Sized Enterprise (SME) for its novel method of producing titanium dioxide pigment. This and other ICIS awards identify companies which have...

Canadian Mining Journal Staff | October 20, 2014 | 4:07 pm

COPPER-GOLD: Cbay upgrades tails pond near Chibougamau

QUEBEC – Cbay Minerals has begun upgrading the tailings management area at the old Copper Rand mill 55 km south of Chibougamau. Cbay is the operating arm of partners Nuinsco Resources(50%) of Toronto and Ocean Partners...

Canadian Mining Journal Staff | October 20, 2014 | 4:05 pm

PUMPS: On-site assessment improves performance

MISSISSAUGA, Ontario – KSB Pumps Inc. now offers pump system operators in Canada a new on-site performance monitoring and analysis service. System Efficiency Services (SES) combines on-site data collection with KSB’s deep expertise...

Canadian Mining Journal Staff | October 20, 2014 | 4:03 pm

Gold Reserve wins US$740M in ‘stunning victory’ against Venezuela

It's taken six years and over US$20 million in legal costs, but Gold Reserve (TSXV: GRZ) has won US$740.3 million in compensation for the expropriation of its Brisas gold project by the Venezuelan government – one of the largest...

Canadian Mining Journal Staff | October 20, 2014 | 4:01 pm

GOLD-COPPER: Seabridge builds resource potential of the Lower zone of Iron Cap at KSM

BRITISH COLUMBIA – Seabridge Gold says results from this year's drilling program at the KSM project 65 km northwest of Stewart point toward a "major" new gold-copper discovery beneath the Iron Cap deposit. The best assay, 1.68 g/t Au and...

Canadian Mining Journal Staff | October 16, 2014 | 4:33 pm

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