Canadian Mining Journal Staff

URANIUM: Paladin Energy updates Michelin resource

LABRADOR – Paladin Energy of Perth, Western Australia, has updated the resource numbers at the Michelin uranium deposit 140 km north of Goose Bay. The open pit portion of the deposit is now estimated to contain 12.62 million measured and...

Canadian Mining Journal Staff | June 26, 2014 | 3:56 pm

WEEKEND TO END WOMEN’S CANCERS

TORONTO – On Sept. 6 and 7, 2014, a handful of women representing the Women in Mining Toronto network will walk 60 km in the Weekend to End Women's Cancers, benefitting The Princess Margaret Cancer Centre, one of the top five cancer...

Canadian Mining Journal Staff | June 26, 2014 | 3:54 pm

GOLD: Yamana prices $500M of 10-year notes

TORONTO – Yamana Gold has priced an offering of US$500 million, 10-year unsecured senior notes at 4.95%. The offering is expected to close on July 30, 2014, and the notes are due July 15, 2024.

Canadian Mining Journal Staff | June 26, 2014 | 3:51 pm

MINING PEOPLE: Blackheath, Pure Gold, and Tantalex

The new president of Vancouver-based Blackheath Resources is Alexander Langer. He was formerly VP of corporate development.

Canadian Mining Journal Staff | June 26, 2014 | 3:49 pm

GOLD: Endeavour mucks first production stope at Segala mine

MALI – Endeavour Mining Corp. of Vancouver has begun production from its Segala underground gold mine on schedule. The first ore was mucked on June 22, 2014. The company will ramp up the volume of underground ore in the coming months to...

Canadian Mining Journal Staff | June 26, 2014 | 3:47 pm

PGM: NovX21 selects Thetford Mines for recycling plant

QUEBEC –NovX21 Inc. has signed an agreement with Thetford Mines to build the province's first precious metals recycling plant in that city. The facility will be set up in an existing building in the industrial park, eventually to become a...

Canadian Mining Journal Staff | June 26, 2014 | 3:46 pm

Parliamentary committee reviews Canada’s REE potential

VANCOUVER — Seven months ago the House of Commons Standing Committee on Natural Resources began a study on Canada's rare earth elements (REE) potential, which involved consultation with industry participants on the role of the federal...

Canadian Mining Journal Staff | June 26, 2014 | 3:45 pm

GOLD-COPPER: Seabridge raises $12M for KSM drilling

TORONTO – Seabridge Gold, sole owner of the KSM gold-copper project near Stewart, BC, has arranged a bought deal financing in the amount of $12 million. A syndicate of underwriters led by Canaccord Genuity has agreed to purchase 1.0...

Canadian Mining Journal Staff | June 25, 2014 | 4:19 pm

GRAPHITE: Lac Knife feasibility encourages Focus

QUEBEC – Focus Graphite of Ottawa has released the feasibility study for its Lac Knife graphite project 27 km southwest of Fermont. Prepared by Met-Chem Canada, the study examined a 25-year open pit and concentrator with an after tax net...

Canadian Mining Journal Staff | June 25, 2014 | 4:17 pm

GOLD: Core at former Pickel Crow assays 878 g/t

ONTARIO – Bonanza grades and perhaps the understatement of the week come from Toronto-based PC Gold. The company says drill core from the former Pickle Crow gold mine assayed 878.69 g/t over 0.90 metres – that's more than 25.5 opt...

Canadian Mining Journal Staff | June 25, 2014 | 4:16 pm

GRAPHITE: Northern considers bigger plant for Bissett Creek

ONTARIO – Northern Graphite Corp. of Ottawa is considering a concentrator twice the size of the one recommended in the feasibility study for the Bissett Creek graphite project, located between Ottawa and North Bay. As now contemplated,...

Canadian Mining Journal Staff | June 25, 2014 | 4:14 pm

Coeur renegotiates royalty agreement with Franco-Nevada

An amended royalty agreement with Franco-Nevada (TSX: FNV; NYSE: FNV) has led Coeur Mining (NYSE:CDE) to consider completing the Guadalupe underground mine at its Mexico-based Palmarejo silver-gold operation, with initial production set for...

Canadian Mining Journal Staff | June 25, 2014 | 4:12 pm

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