Canadian Mining Journal Staff, Author at Canadian Mining Journal

COMMENT: Who is anonymous and why is he saying all these nasty things?

The story broke in the June 18 issue of the Wall Street Journal that African Barrick has been accused of paying bribes to officials of the Tanzanian government to facilitate the company's purchase of land near the North Mara gold mine.

Canadian Mining Journal Staff | June 19, 2014 | 4:11 pm

GOLD: Rubicon updates progress at Phoenix project

ONTARIO – Rubicon Minerals Corp. of Toronto says construction is on budget and schedule for startup in mid-2015 at its Phoenix gold project near Red Lake. The company has already spent $205.2 million on pre-production capital expenditures...

Canadian Mining Journal Staff | June 19, 2014 | 4:09 pm

GOLD: Gold Bullion files PFS for rolling start at Granada

QUEBEC – Vancouver's Gold Bullion Development Corp. has filed the pre-feasibility study for a rolling start of its Granada gold project 5 km south of Rouyn-Noranda with SEDAR. The mine is a former producer (1930-35).

Canadian Mining Journal Staff | June 19, 2014 | 4:07 pm

GOLD: Kaminak, White River sign exploration deal for Coffee project

YUKON – Kaminak Gold Corp. of Vancouver and the White River First Nation (WRFN) have signed an exploration agreement coving the company's Coffee gold project 130 km south of Dawson City. The agreement was negotiated over the past several...

Canadian Mining Journal Staff | June 19, 2014 | 4:06 pm

MINING PEOPLE: Ritchie Bros. and Solvista

The new CEO of Ritchie Brothers is Ravi Saligram. He will take over from Peter Blake on July 7, 2014. Saligram's 35-year professional career includes three years as president and CEO of OfficeMax and more than 20 years of general management...

Canadian Mining Journal Staff | June 19, 2014 | 4:04 pm

World Gold Council reviews London gold fix

VANCOUVER — The gold industry is responding to growing scrutiny over the century-old method that determines the settling price of gold bullion. On June 18 the World Gold Council – a market development organization composed of top...

Canadian Mining Journal Staff | June 19, 2014 | 4:02 pm

CSR: QMA becomes second provincial association to adopt Toward Sustainable Mining

MONTREAL – Members of the Quebec Mining Association are adopting the Towards Sustainable Mining (TSM) initiative over a four-year period. TSM, a program to improve environmental and social practices among Canadian miners, was launched by...

Canadian Mining Journal Staff | June 18, 2014 | 4:21 pm

URANIUM: Phoenix deposit at Wheeler River tops 70M lb

SASKATCHEWAN – Denison Mines Corp. of Toronto has released the latest resource estimate for the Phoenix uranium deposit, one that puts total uranium oxide content at 70.2 million lb. The Phoenix deposit is part of the Wheeler River...

Canadian Mining Journal Staff | June 18, 2014 | 4:17 pm

GOLD: Anaconda intersects multiple zones at Pine Cove

NEWFOUNDLAND – Toronto-based Anaconda Mining says the single, strategically placed hole it drilled on the northern edge of the Pine Cove gold mine's pit limit returned multiple zones of mineralization. Hole PC-14-234 returned several...

Canadian Mining Journal Staff | June 18, 2014 | 4:13 pm

FUNDING: Alaska promises money to pair of Canadian mine makers

ALASKA – Alaska governor Sean Parnell signed into law State Bill 99 to fund development of a pair of new mines owned by Canadian companies in that state. The state uses funds from the Alaska Industrial Development and Export Authority to...

Canadian Mining Journal Staff | June 18, 2014 | 4:09 pm

SERVICE: Metso breaks ground for new Arizona facility

MESA, Arizona – Metso broke ground for its new, 4,090-m2 service facility earlier this week. This new facility will accommodate a wide variety of mining, construction and recycling services and advanced repairs, as well as direct on-site...

Canadian Mining Journal Staff | June 18, 2014 | 4:07 pm

First Quantum to buy Lumina for $470M

First Quantum Minerals (TSX:FM; LSE:FQM) has made a friendly $470 million takeover offer for Lumina Copper (TSXV: LCC), ending a sale process for the junior and its Taca Taca copper-gold-molybdenum project in Argentina’s Salta province.

Canadian Mining Journal Staff | June 18, 2014 | 4:03 pm

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