Canadian Mining Journal Staff

URANIUM: Strateco locks the doors at Matoush camp

QUEBEC – Unable to secure the final permit needed to start advanced exploration at the Matoush uranium project, Strateco Resources has announced that it will shut down the camp. The facility, in the Otish Mountains, has been on standby...

Canadian Mining Journal Staff | June 12, 2014 | 4:11 pm

GOLD-PGM: Platinum Group boosts Waterberg resources to 29 million oz Pl-Pd-Rh-Au

SOUTH AFRICA – Platinum Group Metals of Vancouver, the operator and 49% owner of the Waterberg joint venture and adjacent Waterberg Extension in the Bushveld Complex, has added up the ounces of four precious metals and says they total 29...

Canadian Mining Journal Staff | June 12, 2014 | 4:09 pm

MINING PEOPLE: Altius, Geodex, Global Minerals, Globex, Northern Gold, Orbite, and Orvana

Altius Minerals of St. John's, NL, reports that its current chairman John Baker has agreed to accept the newly created full time position of executive chairman, effective June 30, 2014. Baker was a co-founder of the company in 1997 and has been...

Canadian Mining Journal Staff | June 12, 2014 | 4:06 pm

Palladium prices hitting new highs

A rare combination of ongoing strikes in South Africa’s platinum group metal mines combined with political tensions between Russia and Ukraine have translated into three-year highs for palladium prices in early June, resulting in one of...

Canadian Mining Journal Staff | June 12, 2014 | 4:04 pm

GOLD: PEA puts Coffee output of 167,000 oz/y at AISC of US$688/oz

YUKON – Kaminak Gold Corp. of Vancouver is looking at a positive preliminary economic assessment for its Coffee gold project 130 km south of Dawson City. The study outlines an open pit with an 11-year life that would have a pre-tax net...

Canadian Mining Journal Staff | June 11, 2014 | 4:12 pm

GOLD: Probe updates estimate for Borden deposit

ONTARIO – Toronto's Probe Mines has updated resource estimate for its Borden gold project near Chapleau, for the first time including the high grade underground material. The project will also support an open pit.

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

IRON ORE: Alderon chooses Metso services for Kami project

LABRADOR – Alderon Iron Ore Corp. says that The Kami Mine Limited Partnership ("Kami LP"), an affiliate of Alderon, has signed a life cycle services agreement with Metso Minerals Canada with respect to the development of the Kami iron ore...

Canadian Mining Journal Staff | June 11, 2014 | 4:09 pm

SELENIUM: BioteQ awarded contract for selenium removal

VANCOUVER – BioteQ Environmental Technologies, a leader in the treatment of contaminated mine water, has secured a contract with a Canadian company to conduct pilot scale testing of its Selen-IX™ technology for selenium removal....

Canadian Mining Journal Staff | June 11, 2014 | 4:08 pm

CAPP’s outlook for oil sands growth through 2030

The Canadian Association of Petroleum Producers is forecasting that output from Alberta's oil sands will reach 4.8 million barrels per day by 2030, about 400,000 bbl/d lower than its forecast last year, due largely to project costs and the...

Canadian Mining Journal Staff | June 11, 2014 | 4:06 pm

NICKEL-COPPER: Canada’s first industrial-scale wind power facility at Raglan mine

QUEBEC – Canada's first industrial-scale wind power facility is being installed in two phases at Glencore Xstrata's Raglan nickel-copper mine near the tip of the Ungava Peninsula. The mine is well sited to take advantage of the wind...

Canadian Mining Journal Staff | June 10, 2014 | 4:24 pm

PRECIOUS & BASE METALS: Virginia lays out $7.5M for summer-fall exploration

QUEBEC – Virginia Mines of Quebec City has set aside a budget of $7.5 million for its 2014 summer-fall exploration programs at various projects in the province. Work will be done mostly in the James Bay region, Nunavik and at various...

Canadian Mining Journal Staff | June 10, 2014 | 4:20 pm

GOLD: Osisko arrangement receives court approval

MONTREAL – The courts have given their final approval, subject to remaining closing conditions, to the deal that will see Osisko Mining Corp. acquired by Agnico Eagle Mines and Yamana Gold. The effective date of the deal is to be June 16,...

Canadian Mining Journal Staff | June 10, 2014 | 4:19 pm

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