Canadian Mining Journal Staff

EQUITIES: EY sees growth as metals prices rise

TORONTO – Once again EY has examined the Canadian mining equities market and has found reasons to be optimistic, according to its latest Canadian Mining Eye: Q2 2014. The report points out the index gained 9% during the quarter and...

Canadian Mining Journal Staff | August 13, 2014 | 3:51 pm

URANIUM – Fission reports more high grade holes

SASKATCHEWAN – The final assays from the winter drill program at the R zone at Patterson Lake South uranium project follow the trend of revealing high grade mineralization. Owner Fission Uranium of Kelowna, BC, says that 78 of the 80...

Canadian Mining Journal Staff | August 13, 2014 | 3:49 pm

GOLD: Starting to roll at the Granada mine

QUEBEC – Gold Bullion Development Corp. of Vancouver says the rolling start at its Granada gold mine near Rouyn-Noranda is closer than ever. The company has a permit to conduct more trenching in an effort to precisely define the best...

Canadian Mining Journal Staff | August 13, 2014 | 3:47 pm

EXPLOSIVES: Nordex blasts into western Canada

KIRKLAND LAKE, Ontario – Nordex Explosives has signed an agreement in principle with the Pacific Group of Companies for a joint venture that will introduce Nordex products and services to western Canada. Based in British Columbia, PCG has...

Canadian Mining Journal Staff | August 13, 2014 | 3:46 pm

Minco plans Maritime manganese mine

VANCOUVER — Dublin-registered Minco PLC (LSE: MIO) is planning to produce high grade manganese from its Woodstock project in New Brunswick for 25% below the industry’s average cost, and supply the North American and European steel...

Canadian Mining Journal Staff | August 13, 2014 | 3:43 pm

GOLD: Barrick responsibility report highlights community support

TORONTO – Barrick Gold Corp. has published its latest annual responsibility report providing a detailed look at the company's corporate social responsibility performance. This is the 12th year that Barrick has made its CSR performance...

Canadian Mining Journal Staff | August 12, 2014 | 4:05 pm

DIAMONDS: Gahcho Kue receives land use permit, water licence

NORTHWEST TERRITORIES – The Mackenzie Valley Land and Water Board has issued the type A land use permit and type A water licence for the Gahcho Kué diamond project near Lac de Gras. The project is a joint venture of De Beers Canada...

Canadian Mining Journal Staff | August 12, 2014 | 4:02 pm

GOLD: True Gold secures funding for Karma build

BURKINA FASO – True Gold Mining of Vancouver has secured funding of US$100 million with which to build its Karma gold mine by selling a gold stream to Franco-Nevada Corp. (75%) and Sandstorm Gold (25%). The agreement includes a 18-month...

Canadian Mining Journal Staff | August 12, 2014 | 4:01 pm

POTASH: ABB wins turnkey automation order for Legacy project

SASKATCHEWAN –  From its Canadian headquarters in Montreal, ABB, the leading power and automation technology group, says it has won an order to supply a state-of-the-art automation solution for K+S Potash Canada's greenfield potash...

Canadian Mining Journal Staff | August 12, 2014 | 3:43 pm

Wolfden strives for discoveries in historic Bathurst camp

VANCOUVER — Base metals explorer Wolfden Resources (TSXV: WLF) may hold a sizable land package in the historically productive Bathurst mining camp, but according to CEO George Topping the company is all about new discoveries.

Canadian Mining Journal Staff | August 12, 2014 | 3:42 pm

COMMENT: Mount Polley update

It has been a week since the tailings dam at the Mount Polley gold-copper mine failed, sending millions of cubic metres of slurry and water racing through the Cariboo wilderness of central British Columbia. So far the daily press has provided...

Canadian Mining Journal Staff | August 11, 2014 | 4:22 pm

GOLD: Eight consecutive quarterly records during Young-Davidson ramp-up

ONTARIO – AuRico Gold of Toronto reports that as its Young-Davidson gold mine continues to ramp-up 60 km west of Kirkland Lake produced a record 40,166 oz of gold during Q2 2014 – the consecutive eighth quarter that the mine has...

Canadian Mining Journal Staff | August 11, 2014 | 4:20 pm

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