Canadian Mining Journal Staff

Zinc outlook improves, analysts say

Patricia Mohr, vice-president economics and commodity market specialist at Scotiabank believes zinc “will be the next big base metal play for investors.” She forecasts prices will average US$0.94 per lb in 2014 — with most of...

Canadian Mining Journal Staff | February 5, 2014 | 4:06 pm

DIAMONDS: Dominion sets out Ekati, Diavik plans

NORTHWEST TERRITORIES – With both the Ekati and Diavik diamond mines performing well, Toronto-based Dominion Diamond Corp. has outlined new mine plans that demonstrate synergies, cost savings and efficiencies made possible by integrating...

Canadian Mining Journal Staff | February 4, 2014 | 4:25 pm

COPPER: Copper Mountain secondary crusher nearing summer start

BRITISH COLUMBIA – Copper Mountain Mining Corp. of Vancouver says the secondary crusher at its Copper Mountain mine is scheduled for start-up this summer. Construction is underway and on schedule.

Canadian Mining Journal Staff | February 4, 2014 | 4:23 pm

GOLD: Silver Standard to buy Marigold mine for $275M

NEVADA – Silver Standard Resources of Vancouver has agreed to purchase the Marigold gold mine 65 km southeast of Winnemucca for $275 million in cash. The mine is currently a joint venture of two other Canadian gold miners – Goldcorp...

Canadian Mining Journal Staff | February 4, 2014 | 4:22 pm

GE, Suncor partner on dust busting oil sands access roads

CALGARY — The dust clouds made it difficult to see and breathe as the big trucks rumbled along access roads at Suncor Energy’s MacKay River oil sands site. Suncor’s traditional dust control strategy of spraying water from a...

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

Guarded optimism for 2014 from PI Financial’s Jim Mustard

VANCOUVER – In the final talk of the Association for Mineral Exploration British Columbia’s (AME BC) Roundup conference, PI Financial’s vice-president of mining investment banking Jim Mustard gave the audience reason to...

Canadian Mining Journal Staff | February 4, 2014 | 4:15 pm

COMMENT: Taku River Tlingit toss monkey wrench into Tulsequah Chief project

A lawsuit filed on Dec. 17 by the Taku River Tlingit First Nation could derail plans by Chieftain Metals to develop its Tulsequah Chief base and precious metals project 100 km south of Atlin. The legal challenge seeks to void the environmental...

Canadian Mining Journal Staff | February 3, 2014 | 4:25 pm

URANIUM: Cameco sells interest in Bruce Power

ONTARIO – Saskatoon-based Cameco, one of the world's largest uranium producers, has agreed to sell its 31.6% interest in Bruce Power LP to BPC Generation Infrastructure Trust (Borealis). BPC, one of the partners in Bruce Power, has agreed...

Canadian Mining Journal Staff | February 3, 2014 | 4:23 pm

GOLD-SILVER: Pretium files resource update for Brucejack

BRITISH COLUMBIA – Having updated the Brucejack feasibility study last summer, Pretium Resources of Vancouver has now filed an updated NI43-101 report for the same. The gold-silver project lies about 65 km north of Stewart.

Canadian Mining Journal Staff | February 3, 2014 | 4:22 pm

FUNDING: Ritchie helps raise $64,000 for CEDF

EDMONTON – Ritchie Bros. Auctioneers, the world's largest auctioneer of mining, agriculture, construction and other heavy equipment, helped raise $64,000 for the Canada Equipment Dealers Foundation (CEDF), which is dedicated to developing...

Canadian Mining Journal Staff | February 3, 2014 | 4:19 pm

[Update] PotashCorp’s Q4 earnings fall 46%

Potash Corp. of Saskatchewan (TSX: POT; NYSE: POT) has posted a 46% drop in its fourth quarter 2013 earnings as well as a weaker than expected 2014 guidance, as tough market conditions linger.

Canadian Mining Journal Staff | February 3, 2014 | 4:18 pm

GOLD: New high grade zone grows at Deep Rice Lake

MANITOBA – "If  you drill it, it will be there" might be the motto of San Gold Corp. at its Rice Lake gold complex near Bissett. The company continues to enjoy exploration success with drilling to the west of the recently discovered...

Canadian Mining Journal Staff | January 30, 2014 | 4:09 pm

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