Canadian Mining Journal Staff

FLUORSPAR: CFI bought up by US investment firm

NEWFOUNDLAND – The Ontario Superior Court has given its blessing to the sale of Canada Fluorspar Inc. (CFI) of St. John's to Golden Gate Capital of San Francisco. CFI is redeveloping the former fluorspar mines in St. Lawrence, NL.

Canadian Mining Journal Staff | May 27, 2014 | 3:56 pm

GOLD: Premier expands high grades at Cove project

NEVADA – Premier Gold Mines of Thunder Bay, ON, continues to expand high grade gold mineralization in multiple horizons at its Cove project, located along the Eureka-Battle Mountain Trend. This year's drilling has intersected multiple...

Canadian Mining Journal Staff | May 27, 2014 | 3:47 pm

Environmental permit delayed at Augusta’s Rosemont project

A recent sighting of a wildcat known as an ocelot near Augusta Resource’s (TSX: AZC; NYSE: AZC) Rosemont copper project near Tucson, AZ, has triggered US environmental authorities to believe further consultation is needed before the...

Canadian Mining Journal Staff | May 27, 2014 | 3:45 pm

EXPLORATION: Noront leases Cliffs camp at McFaulds Lake

ONTARIO – Toronto-based Noront Resources is leasing the McFaulds Lake exploration camp belonging to Cliffs Chromite Ontario, a subsidiary of Cliffs Natural Resources. Cliffs' camp is located next to Noront's existing Esker camp and will...

Canadian Mining Journal Staff | May 26, 2014 | 4:16 pm

GOLD: High grades could awaken Sleeping Giant

ONTARIO – Assays from levels 605 and 725 at the suspended Sleeping Giant gold mine are high grade, perhaps enough to allow owner Maudore Minerals of Montreal to consider reopening. The company says three new veins have been discovered and...

Canadian Mining Journal Staff | May 26, 2014 | 4:15 pm

GOLD: Atlantic Gold, Mi’kmaq sign MOU

NOVA SCOTIA – Atlantic Gold NL, with head offices in Australia, and its subsidiary DDV Gold have concluded a memorandum of understanding with the Assembly of Nova Scotia Mi'kmaq Chiefs. The MOU precedes negotiation of a mutual benefits...

Canadian Mining Journal Staff | May 26, 2014 | 4:14 pm

ADDITIVE: Trinity offers new additive for plastic film industry

NEWFOUNDLAND - Trinity Resources has introduced a new antiblock additive to the plastic film industry. Altiblock™ is produced from the company’s pyrophyllite deposit. This is a new, alternative product for plastic film...

Canadian Mining Journal Staff | May 26, 2014 | 4:11 pm

Bond deal lets Inca One ramp up in Peru

VANCOUVER – A creative debt package is giving Inca One Resources (TSXV: IO) the $5.5 million it needs to expand Chala, the gold mill in Peru where the company processes ore from artisanal miners.

Canadian Mining Journal Staff | May 26, 2014 | 4:10 pm

IN THE COURTS: Suit seeks $6B from Barrick for Pascua-Lama misrepresentation

TORONTO – A class action suit demanding $6 billion in damages has been filed against Barrick Gold and its executives. The suit alleges that the company and employees misled investors about the economic and environmental risks of the...

Canadian Mining Journal Staff | May 22, 2014 | 3:43 pm

GOLD: Silver Wheaton joins World Gold Council

VANCOUVER – Silver Wheaton has joined the World Gold Council, headquartered in London, UK. Silver Wheaton increased its current and future gold production through the recent acquisitions of gold streams from Hudbay Minerals and Vale SA.

Canadian Mining Journal Staff | May 22, 2014 | 3:42 pm

COPPER-GOLD: Northern Dynasty seeks to halt US environmental review

ALASKA – Northern Dynasty Minerals, sole owner of the Pebble Limited Partnership, is seeking through the PLP to halt a regulatory process begun by the US Environmental Protection Agency under the Clean Water Act. Specifically, the PLP...

Canadian Mining Journal Staff | May 22, 2014 | 3:41 pm

MINING PEOPLE: Dundee Precious Metals, Metso, and Orezone

The directors of Toronto-based Dundee Precious Metals have made the following senior management appointments. David Rae has been promoted to executive VP and COO. John Lindsay recently joined the company as senior VP projects. Brent Johnson has...

Canadian Mining Journal Staff | May 22, 2014 | 3:39 pm

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