Canadian Mining Journal Staff

HONOURED: MacLean Engineering founder joins Hall of Fame

COLLINGWOOD, Ontario – Don MacLean, who founded MacLean Engineering in 1973, is being internationally recognized as a pioneer in the mining technology field, underground category. He was honoured at the inaugural 2014 International Mining...

Canadian Mining Journal Staff | March 26, 2014 | 8:03 pm

CRUSHER: Raptor 2000 makes its way to Copper Mountain

BRITISH COLUMBIA – The biggest of four major parts of the permanent secondary crusher has arrived at Copper Mountain mine from its multi-day transport from Kamloops. The lower main frame is the largest and heaviest piece of the Raptor...

Canadian Mining Journal Staff | March 26, 2014 | 8:01 pm

Lake Victoria Mining sells gold forward

When it comes to finding alternative ways to raise money in today’s beaten down junior financing market, Lake Victoria Mining (US-OTC: LVCA) seems to have taken the task to a whole new level.

Canadian Mining Journal Staff | March 26, 2014 | 7:59 pm

GOLD: Atlantic Gold updates DFS for Touquoy project

NOVA SCOTIA – Atlantic Gold of Australia has had another look at its Touquoy gold project northwest of Halifax and taken the opportunity to update the definitive feasibility study for the proposed open pit mine and mill.

Canadian Mining Journal Staff | March 25, 2014 | 4:18 pm

NICKEL: Horizonte completes PFS for Araguaia project

BRAZIL – Horizonte Minerals of Toronto released a pre-feasibility study for its 100% owned Araguaia nickel project indicating a mine would have a life of 25 years producing 15,000 tonnes of nickel in a ferro-nickel product from a single...

Canadian Mining Journal Staff | March 25, 2014 | 4:17 pm

New report reveals energy sector adds $9,000 per Canadian household

CALGARY − By any reasonable standard, Canada exports a lot of energy. Public perception towards energy trade in our country is often negative, especially when it comes to oil sands and pipelines. However, a new report from The University...

Canadian Mining Journal Staff | March 25, 2014 | 4:16 pm

Silver Wheaton hangs tough amidst lower metal prices

VANCOUVER — Despite a pronounced fall in profits on the back of declining precious metals prices, streaming outfit Silver Wheaton (TSX: SLW; NYSE: SLW) remains a favourite amongst analysts and investors. The company recorded its fifth...

Canadian Mining Journal Staff | March 25, 2014 | 4:13 pm

DIAMONDS: Gahcho Ku on track for Q3 2016 start

NORTHWEST TERRITORIES – First production from the Gahcho Kué diamond mine 300 km northeast of Yellowknife is on track for Q3 2016 as construction reaches the 17% mark. The mine is a joint venture of De Beers Canada (51% and...

Canadian Mining Journal Staff | March 24, 2014 | 4:35 pm

GOLD: Sprite area at Valentine Lake returns 2.53 g/t over 16.5 metres for Marathon

NEWFOUNDLAND – Marathon Gold Corp. of Toronto continues to drill at its Valentine Lake gold project 55 km south of Buchans, this time in the Sprite area. The company is currently testing step-out holes along half of a 1-km by 250-metre...

Canadian Mining Journal Staff | March 24, 2014 | 4:28 pm

NICKEL: New ice breaker launched to transport concentrates from Nunavik mine

QUEBEC – FedNav has launched a new icebreaker, MV Nunavik, to carry nickel concentrates from the Nunavik mine now under development in the Raglan area of northern Quebec. The project is a joint venture of privately owned Neactic Nickel...

Canadian Mining Journal Staff | March 24, 2014 | 4:27 pm

STEEL: New plant to use nickel sulphide conc in making stainless steel

CHINA – Tsingshan Holding Group is building the world's first integrated nickel pig iron plant to use nickel sulphide concentrate as part of the stainless steelmaking process. According to information supplied by Toronto's Royal Nickel...

Canadian Mining Journal Staff | March 24, 2014 | 4:25 pm

Bank of America Merrill Lynch tweaks metal price forecasts

Bank of America Merrill Lynch has lowered its price forecasts for a number of commodities including copper and iron that are heavily imported by China but also believes gold could bottom out this year, while nickel and zinc may rally in the...

Canadian Mining Journal Staff | March 24, 2014 | 4:24 pm

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