Canadian Mining Journal Staff, Author at Canadian Mining Journal

CONVEYOR: Grieve offers heated belt conveyor

The Grieve Corporation's No. 864 is a 175°C, natural gas-heated belt conveyor oven currently used for drying gold ore samples at the customer’s facility. Workspace dimensions of this oven measure 1,980-mm wide by 10.7-metres long. The...

Canadian Mining Journal Staff | April 22, 2014 | 4:29 pm

Goldcorp to end its fight for Osisko

Goldcorp (TSX: G; NYSE: GG) is bowing out of the race for Osisko Mining (TSX: OSK; US-OTC: OSKFF) by announcing it won’t amend its $3.6-billion hostile takeover offer for the junior producer and its large Canadian Malartic gold mine in...

Canadian Mining Journal Staff | April 22, 2014 | 4:27 pm

COMMENT: Rumours of Barrick-Newmont merger

One of the worst kept secrets in the mining industry is the talk of a merger between Canada's Barrick Gold and Newmont Mining of the United States. Multiple reports have surface that the talks between two of the world's largest gold producers...

Canadian Mining Journal Staff | April 21, 2014 | 4:09 pm

COAL: Ontario’s last coal-fired generating station closes

ONTARIO – When the Liberals came to power in Ontario in 2003, one of the first things then-premier Dalton McGuinty promised to do was to ban the burning of coal for power generation by 2007. That deadline came and went, but last week the...

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

PATENTS: KWG to acquire 50% of two chrome processes

TORONTO – KWG Resources has entered into an agreement to acquire 50% of two US provisional patent applications for the treatment of chromite ores. One relates to the production of chromium-iron alloys directly from chromite ore and the...

Canadian Mining Journal Staff | April 21, 2014 | 4:07 pm

SRK Group celebrates 40th anniversary

SRK Consulting, an independent, global company providing services to the mining and water resource industries, is celebrating 40 years of business. From its small, 1974 beginnings in Johannesburg, South Africa, it has grown into an...

Canadian Mining Journal Staff | April 21, 2014 | 4:05 pm

Royal Nickel buys 25% of Sudbury Platinum for $1.5M

Toronto-based explorer Royal Nickel (TSX: RNX) has seen its shares climb more than 50% in the past week, after providing the market an upbeat outlook on nickel prices and announcing that it has acquired a minority interest in a private company...

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

TAKEOVER: Yamana bulks up treasury for Osisko deal

TORONTO – Yamana Gold has received commitments for a two-year, US$750-million senior unsecured term facility. The company intends to use the money for corporate and working capital, including Yamana's cash portion of Osisko Mining...

Canadian Mining Journal Staff | April 17, 2014 | 3:52 pm

GOLD: Leaching test recovery tops 85% from Coffee oxide samples

YUKON – Kaminak Gold Corp. of Vancouver is encouraged that column leach tests of bulk, coarsely crushed surface oxide samples from the Coffee gold project 130 km south of Dawson City resulted in gold recoveries between 85% and 88%....

Canadian Mining Journal Staff | April 17, 2014 | 3:51 pm

MINING PEOPLE: Athabasca Nuclear and Cogitore

Athabasca Nuclear Corp. of Calgary has named Ryan Kalt to the role of CEO. He had been serving as CEO for several weeks in an interim capacity. Under his leadership, the company has shifted its focus to the Preston uranium project in northern...

Canadian Mining Journal Staff | April 17, 2014 | 3:50 pm

Uranerz Energy’s Nichols Ranch starts production

Uranerz Energy (TSX: URZ; NYSE-Arca: URZ) has become the newest member of a small club of uranium producers after its first uranium mine, Nichols Ranch, received final clearance from the U.S. Nuclear Regulatory Commission and began production...

Canadian Mining Journal Staff | April 17, 2014 | 3:48 pm

TAKEOVER: Price for Osisko jumps to $3.9B in new 3-way deal

MONTREAL and TORONTO – Osisko Mining Corp., Yamana Gold and Agnico Eagle Mines have arrived at a three-way friendly agreement whereby Yamana and Agnico Eagle together will purchase all of Osisko's outstanding common shares for total...

Canadian Mining Journal Staff | April 16, 2014 | 4:15 pm

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