Canadian Mining Journal Staff

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

Cameco puts Millennium’s licensing application on ice

Poor economic conditions in world uranium markets are forcing Cameco Corp. (TSX: CCO; NYSE: CCJ) to put its Millennium uranium project on ice.

Canadian Mining Journal Staff | May 22, 2014 | 3:37 pm

FUNDING: RB Energy closes $22M bought deal for lithium project

QUEBEC - Vancouver-based RB Energy has closed a bought deal equity financing worth slightly more than $22 million. The net proceeds will be used complete commissioning of its Quebec lithium project and repay construction debts..

Canadian Mining Journal Staff | May 21, 2014 | 4:29 pm

NICKEL: Inspiration to dewater former Langmuir mine

ONTARIO – Inspiration Mining Corp. of Toronto has decided to dewater the old ramp at the former Langmuir No.1 nickel mine 25 km southeast of Timmins. The property closed in 1992 when then-owner Timmins Nickel filed for bankruptcy. Before...

Canadian Mining Journal Staff | May 21, 2014 | 4:27 pm

OIL SANDS: KSB to supply water transport pumps for Fort Hills project

ALBERTA – KSB Pumps is the winner of the contract to supply a dozen large capacity water transport pumps for the Fort Hills oil sands project. The $13.5 billion project 90 km north of Fort McMurray is a partnership of Suncor Energy, Teck...

Canadian Mining Journal Staff | May 21, 2014 | 4:24 pm

LIGHT: NLT cordless cap lamp with tag wins MSHA approval

TORONTO – Northern Light Technologies is proud that its newest cap lamp, the Northern Light® Genesis, has received IS certification from MSHA for use in coal mines. This is yet another world first from NLT– an MSHA approved...

Canadian Mining Journal Staff | May 21, 2014 | 4:22 pm

Are the clouds parting for junior miners?

Junior miner Novo Resources (CSE: NVO) checks all the boxes: It’s led by a well known, connected and respected geologist; it has several prospective gold projects (one of which has an inferred resource) in the low risk jurisdiction of...

Canadian Mining Journal Staff | May 21, 2014 | 4:20 pm

FUNDING: Teck pie throw raises $777K for BC children’s hospital

VANCOUVER – Mining for Miracles, the British Columbia mining communities fund raising campaign for the BC Children's Hospital, raised more than $777,259 on May 15 at its signature event, the 2014 Teck Celebrity Pie Throw. Participants...

Canadian Mining Journal Staff | May 20, 2014 | 4:08 pm

NICKEL-COPPER: Balmoral confirms high grades at Grasset

QUEBEC – Drilling conducted by Balmoral Resources of Vancouver at its Grasset nickel-copper-PGM project in the Matagami region confirms the high grades of mineralization on the property. The net textured zone, one of four mineralized...

Canadian Mining Journal Staff | May 20, 2014 | 4:07 pm

DIAMOND: Dominion reports record quarter

NORTHWEST TERRITORIES – Dominion Diamond Crop. of Toronto reports that rough diamond production, sales and pricing have all exceeded targets for the first quarter of fiscal 2015 (February through April). That puts the company about 24% or...

Canadian Mining Journal Staff | May 20, 2014 | 4:05 pm

GOLD: True Gold orders Komatsu pit equipment for Karma project

BURKINA FASO – Vancouver-based True Gold Mining is buying Komatsu fleet equipment for its Karma gold project in west Africa. A letter of intent has been signed with local Komatsu dealer, Equipment and Services BIA.

Canadian Mining Journal Staff | May 20, 2014 | 4:04 pm

GOLD-COPPER: Siemens to supply electric gear for Casino project

OAKVILLE, Ontario – Siemens Canada and Western Copper and Gold are in negotiations for the purpose of developing a concept for integrated electrical mining equipment from Siemens for the Casino copper-gold mine project in the Yukon. This...

Canadian Mining Journal Staff | May 20, 2014 | 4:02 pm

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