Canadian Mining Journal Staff

NICKEL-COPPER: KGHM plans 2019 opening for Victoria mine

ONTARIO – The Victoria nickel-copper mine near Sudbury is to be reopened by 2019 – not bad for a property that produced its first ore in 1899. Owner KGHM International made the Zone 4 discovery in 2010. Soon an initial inferred...

Canadian Mining Journal Staff | May 13, 2014 | 3:40 pm

LITHIUM: Whabouchi feasibility study has NPV of $924M

QUEBEC – Nemaska Lithium of Quebec City is sharing the results of the positive feasibility study on the Whabouchi mine and concentrator in the lower James Bay region (300 km northwest of Chibougamau) and the hydrometallurgical plant (at...

Canadian Mining Journal Staff | May 13, 2014 | 3:38 pm

Delta Industrial Valves achieves IEC 61508 SIL 3 rating

VANCOUVER – CG Industrial Specialties (CGIS) and Delta Industrial Valves, have received confirmation that their series of severe service knife gate valves have achieved IEC 61508 SIL 3 ratings. The valves are built for use in ASME Class...

Canadian Mining Journal Staff | May 13, 2014 | 3:37 pm

Goro suspension pushes nickel price to two-year high

VANCOUVER – With nickel prices already up almost 40% in 2014, a suspension at Vale’s (NYSE: VALE) Goro mine in New Caledonia has pushed the price of the steelmaking component to a two-year high.

Canadian Mining Journal Staff | May 13, 2014 | 3:35 pm

Cash flow modelling is really important

Identifying risk and recognizing the ability to respond to uncertainty is an important priority for mining and metals companies across Canada and beyond — especially given ongoing metal price volatility. Taking the necessary steps to...

Canadian Mining Journal Staff | May 13, 2014 | 8:43 am

SILVER: Fortune Minerals to buy Revenue mine in Colorado

COLORADO – Fortune Minerals of London, ON, has completed the first stage of purchasing the recently reopened Revenue silver mine in the southwest part of the state from a private vendor. The acquisition will be made in stages, with the...

Canadian Mining Journal Staff | May 12, 2014 | 4:16 pm

GOLD: Balmoral intersects more than 1-kg/t over almost 5 metres in Bug Lake footwall

QUEBEC – Vancouver-based Balmoral Resources has drilled an almost unbelievable 1,138 g/t Au (33 oz/ton) over 4.87 metres in the Bug Lake footwall zone at its Martiniere property that lies along the Detour Gold Trend. Now for the property...

Canadian Mining Journal Staff | May 12, 2014 | 4:13 pm

COPPER-GOLD: First Quantum, Petaquilla reach $60M deal on Molejon and Cobre Panama

PANAMA – Minera Panama, a subsidiary of Vancouver's First Quantum Minerals, and Petaquilla Minerals have reached a deal worth $60 million to completely separate operations of Petaquilla's Molejon gold mine and First Quantum's Cobre Panama...

Canadian Mining Journal Staff | May 12, 2014 | 4:11 pm

ANNIVERSARY: Atlas Copco Canada celebrates 65 years

MISSISSAUGA, Ontario – On May 9, 2014 Atlas Copco Canada celebrated 65 years as a Canadian leader in sales, service and marketing of air and gas compressors, portable compressors, generators, mining and rock excavation equipment,...

Canadian Mining Journal Staff | May 12, 2014 | 4:08 pm

Fission 3.0 aims to write new chapter in Athabasca success story

VANCOUVER — When you're one of the most successful exploration outfits in a region, it makes sense to take a tried-and-true discovery formula and apply it across a wide swath of under-explored properties, and that's the goal at Fission...

Canadian Mining Journal Staff | May 12, 2014 | 4:07 pm

GOLD: Top 10 producers

From the Mineweb.com website come not one, but two Top 10 lists of the world's gold producers. One ranks the countries with the highest production. The second ranks the companies with the largest output. Briefly here they are.

Canadian Mining Journal Staff | May 8, 2014 | 4:12 pm

GOLD: Sage to study natural gas use in mining vehicles at Clavos property

ONTARIO – Sage Gold of Toronto has agreed to study the viability of using compressed natural gas to supplement and/or replace diesel fuel for surface equipment and haulage trucks. The study is to be undertaken with CNG Canada and Change...

Canadian Mining Journal Staff | May 8, 2014 | 4:10 pm

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