Canadian Mining Journal Staff

MERGER: Osisko board recommends rejection of Goldcorp bid

MONTREAL – The directors of Osisko Mining Corp. have unanimously recommended that its shareholders reject the "opportunistic hostile" takeover bid made last week by Goldcorp.

Canadian Mining Journal Staff | January 20, 2014 | 4:38 pm

EXPLORATION: Ten largest budgets totaled US$7.8B in 2013

NEW YORK CITY – The countries with the top 10 exploration budgets in 2013 attracted a total of US$7.8 billion for all stages of gold, base metals, platinum group metals and uranium exploration, according to SNL Metals & Mining's...

Canadian Mining Journal Staff | January 20, 2014 | 4:37 pm

PUMPS: GIW expands service centre in Fort McMurray

FORT McMURRAY, Alberta – GIW Industries, a leading designer and manufacturer of heavy duty centrifugal slurry pumps, has expanded its Regen service centre to better meet the growing needs of the oil sands industry. Construction of the...

Canadian Mining Journal Staff | January 20, 2014 | 4:35 pm

CASE: Pelican ProGear protects iPad tablet

EDMONTON – Pelican Products now offers the Pelican ProGear™ Vault series of cases to protect the iPad Air, iPad mini with retina display, and the iPad mini.

Canadian Mining Journal Staff | January 20, 2014 | 4:34 pm

BC Liberals reaffirm province’s ‘mine-friendly’ image

VANCOUVER — It has been over two years since Christy Clark and the B.C. Liberals outlined a plan to position the province as a national leader in job creation by 2015.

Canadian Mining Journal Staff | January 20, 2014 | 4:33 pm

CRS: Mining industry moves toward payment transparency

OTTAWA and TORONTO – The Canadian mining industry is moving toward a greater payment transparency standard for all publicly traded miners in Canada. The recommendations have been launched to provide Canada's federal government, provinces,...

Canadian Mining Journal Staff | January 16, 2014 | 4:17 pm

MINING ACT: Changes now in effect in Quebec

QUEBEC – Changes to the Quebec Mining Act have come into force in the province, thanks to Bill 70. The bill was adopted on Dec. 9, 2013, the fourth attempt to amend and modernize Quebec's mining legislation. The bulk of the amendments are...

Canadian Mining Journal Staff | January 16, 2014 | 4:16 pm

GOLD: New Gold offers Rainy River feasibility

ONTARIO – The updated feasibility study from the Rainy River gold project, owned by New Gold of Vancouver, indicates that it could produce 325,000 oz of gold annually for nine years at total cash costs of $613/oz and all-in sustaining...

Canadian Mining Journal Staff | January 16, 2014 | 4:15 pm

DIAMONDS: Peregrine says final CH-6 bulk sample grades 2.87 ct/tonne

NUNAVUT – Peregrine Diamonds of Vancouver puts the average grade of the last bulk sample batch from the CH-6 kimberlite pipe to be 2.87 ct/tonne. An 8.87 ct white-colourless octahedron was one of four diamonds over 4 ct recovered from the...

Canadian Mining Journal Staff | January 16, 2014 | 4:13 pm

MINING PEOPLE: Canarc, Rambler and Tesoro

Canarc Resource Corp. of Vancouver has appointed a new CEO, Catalin Chiloflischi. He is an economist with 20 years of experience in Canada, the United States, Europe and Asia. He is a graduate of the Academy of Economic Studies in Bucharest,...

Canadian Mining Journal Staff | January 16, 2014 | 4:11 pm

Copper Mountain starts 2014 on a high note

Copper Mountain Mining (TSX: CUM) has exited 2013 in high gear, with the December quarter marking the fifth consecutive quarter of production growth at its namesake copper-gold mine near Princeton, BC.

Canadian Mining Journal Staff | January 16, 2014 | 4:10 pm

COMMENT: Osisko responds to Goldcorp’s offer

Yesterday morning Vancouver's Goldcorp announced a hostile takeover of Osisko Mining in what it valued as a $2.6 billion deal. Not wasting any time, by the end of the day Goldcorp confirmed that it has formally launched its offer.

Canadian Mining Journal Staff | January 15, 2014 | 4:09 pm

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