Canadian Mining Journal Staff, Author at Canadian Mining Journal

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

URANIUM: Fission drilling returns long and strong results

SASKATCHEWAN – Fission Uranium Corp. of Kelowna, BC, continues to enjoy exceptional results from its Patterson Lake South project on the southwest rim of the Athabasca Basin.

Canadian Mining Journal Staff | January 15, 2014 | 4:07 pm

MINING PEOPLE: Armistice/Kerr Mines, Asian Mineral, MBAC, and SGS

Toronto-based Armistice Resources has changed its name to Kerr Mines Inc. Executives at the company include chairman Stephen McIntyre, president and CEO Gregory Gibson, VP exploration David Beilhartz, COO Tyler Culhane, CFO Andres Tinajero, and...

Canadian Mining Journal Staff | January 15, 2014 | 4:05 pm

EQUIPMENT: Hitachi, Wenco to test cloud based fleet management

TOKYO and RICHMOND, BC – Hitachi Ltd. and Wenco International Mining Systems (a Canadian-based subsidiary of Hitachi) have started a joint proof of concept (PoC) project to combine Hitachi's cloud computing service with Wenco's fleet...

Canadian Mining Journal Staff | January 15, 2014 | 4:02 pm

Tahoe crosses the production finish line at Escobal

VANCOUVER — Industry success stories have been a bit hard to come by over the past few years, but developers like Tahoe Resources (TSX: THO; NYSE: TAHO) continue to prove that even tough markets can't stand in the way of a strong...

Canadian Mining Journal Staff | January 15, 2014 | 4:00 pm

PALLADIUM: NAP eyes $50M to $75M financing

TORONTO – North American Palladium (NAP), owner and operator of the Lac des Iles palladium mine in northern Ontario, has announced a public offering of securities that could bring in as much as $75 million.

Canadian Mining Journal Staff | January 14, 2014 | 4:16 pm

GOLD: Temex boosts Whitney M&I ounces by 87%

ONTARIO – The updated source for the Whitney gold property near Timmins boosts the contained gold in the measured and indicated category by 87% to 708,600 oz in 3.22 million tonnes grading 6.85 g/t Au. The indicated category hosts another...

Canadian Mining Journal Staff | January 14, 2014 | 4:14 pm

GOLD-COPPER: Drilling at Iron Cap hints at growth potential

BRITISH COLUMBIA – High grade assays from the final three holes drilled in 2013 to test the high grade core zone below the Iron Cap deposit have Toronto-based Seabridge Gold speculating about a "substantial impact on resources".

Canadian Mining Journal Staff | January 14, 2014 | 4:13 pm

TAILINGS: Better water management leads to smaller ponds

Veolia Water Solutions & Technologies has formed a partnership with Genesis Water, the pioneer of the Genesis Rapid Dewatering System™ (RDS). As the exclusive Genesis partner in the global mining market, Veolia will deploy the...

Canadian Mining Journal Staff | January 14, 2014 | 4:06 pm

Key milestones ahead for Kennady Diamonds

Kennady Diamonds (TSXV: KDI)—whose share price soared 277% to $5.24 per share in 2013—is among fifteen junior companies Haywood Securities believes offer short term investment opportunity with strong management teams, very...

Canadian Mining Journal Staff | January 14, 2014 | 4:05 pm

GOLD: Goldcorp offers $2.6B for Osisko

VANCOUVER – Goldcorp has announced its intention to take over Osisko Mining Corp., offering C$2.6 billion in cash and shares for the Quebec-based miner. Goldcorp is offering Osisko shareholders 0.146 of a Goldcorp common share plus C$2.26...

Canadian Mining Journal Staff | January 13, 2014 | 4:10 pm

GOLD: Centerra beats 2013 guidance, lowers outlook for 2014

TORONTO – Centerra Gold said its Kumtor and Boroo mines produced a total of 690,720 oz of gold in 2013. The Kumtor mine in the Kyrgyz Republic produced the lion's share – 600,402 oz – and the Boroo mine in Mongolia contributed...

Canadian Mining Journal Staff | January 13, 2014 | 4:08 pm

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