Canadian Mining Journal Staff

Cerro Negro becomes Goldcorp’s newest mine

Goldcorp’s (TSX: G; NYSE: GG) Cerro Negro mine in Argentina produced its first gold doré bar on July 25 and is on track to reach commercial production by the end of this year.

Canadian Mining Journal Staff | August 5, 2014 | 2:50 pm

GOLD: IamGold’s Westwood mine reaches commercial production

QUEBEC – Toronto-based IamGold Corp. declared commercial production at its Westwood underground gold mine 40 km east of Rouyn-Noranda. The mine hoisted an average of 1,075 t/d for the first 30 days of July 2014.

Canadian Mining Journal Staff | July 31, 2014 | 3:49 pm

GOLD-COPPER: BC approves KSM environmental assessment

BRITISH COLUMBIA – The British Columbia Environmental Assessment Office (BC EAO) has advised owner Seabridge Gold that its application for an environmental assessment certificate for the KSM gold-copper project has received final approval...

Canadian Mining Journal Staff | July 31, 2014 | 3:47 pm

RESULTS: Roundup for the second quarter

This is the season for corporations to announce their second quarter results, both financial and operational. As expected, the news releases are arriving at the inbox in large numbers. Yesterday we offered results from Sherritt and North...

Canadian Mining Journal Staff | July 31, 2014 | 3:42 pm

MINING PEOPLE: Castle Mountain, CEMI, Goldeye, Kombat Copper, and Sierra Metals

Dr. Matthew Pierce is the new director for the Centre for Excellence in Mining Innovation's (CEMI) Rio Tinto Centre for Underground Mines Construction in Sudbury, ON. Dr. Erick Eberhardt takes up the role of associate director. Pierce replaces...

Canadian Mining Journal Staff | July 31, 2014 | 3:39 pm

Editorial: Cliffs and Casablanca – the start of a beautiful friendship?

It’s the biggest shareholder revolt of the current downturn in mining, but as we go to press it looks like Casablanca Capital has succeeded fulsomely in its long-shot bid to swamp the 11-member board of Cliffs Natural Resources with six...

Canadian Mining Journal Staff | July 31, 2014 | 3:37 pm

MOLYBDENUM: Avanti arranges loan for Kitsault development

BRITISH COLUMBIA – Toronto's Avanti Mining has arranged to borrow US$612 million for development of the Kitsault molybdenum mine 140 km northeast of Prince Rupert. The funds will be provided by a syndicate of lenders including BNP...

Canadian Mining Journal Staff | July 30, 2014 | 3:52 pm

NICKEL: Sherritt reports increased production from Ambatovy

MADAGASCAR – Sherritt International Corp. of Toronto reported higher nickel and cobalt production from the Ambatovy nickel mine in the second quarter compared to the first quarter of 2014. Total nickel output was up 26% to 9,004 tonnes,...

Canadian Mining Journal Staff | July 30, 2014 | 3:51 pm

PALLADIUM: NAP enjoys Q2 turnaround

ONTARIO - "Our turn-around efforts at LDI achieved a significant milestone during the second quarter with the completion of the underground ore handling system upgrades, and increased utilization of the shaft for both ore hoisting and...

Canadian Mining Journal Staff | July 30, 2014 | 3:49 pm

PIPING: Victaulic introduces new style coupling for mining systems

EASTON, Pennsylvania – Victaulic, the world's leading manufacturer of mechanical pipe joining systems, introduces Style 177N QuickVic® Installation-Ready™ coupling. The flexible coupling's was specifically designed to withstand...

Canadian Mining Journal Staff | July 30, 2014 | 3:48 pm

ENGINEERING: DRA closes strategic acquisition with Taggart Global

PITTSBURGH, Pennsylvania – DRA Group Holdings has agreed to acquire the Forge Group North America companies formerly known as Taggart Global. The transaction is expected to close shortly.

Canadian Mining Journal Staff | July 30, 2014 | 3:46 pm

Timmins Gold doubles Q2 profits

Timmins Gold (TSX:TMM; NYSE MKT: TGD), which recently settled a proxy fight with dissident shareholder Sentry Investments, reported a second quarter profit of US$3.2 million, or US2¢ per share, double the amount earned a year ago, but...

Canadian Mining Journal Staff | July 30, 2014 | 3:43 pm

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