Canadian Mining Journal Staff, Author at Canadian Mining Journal

DIAMONDS: North Arrow recovers micros at Pikoo

SASKATCHEWAN – Vancouver's North Arrow Minerals has recovered a number of microdiamond from the PK150 kimberlite at the Pikoo project 150 km east of La Ronge. The company is calling it the discovery of a new diamond district having...

Canadian Mining Journal Staff | November 5, 2013 | 4:08 pm

AWARD: Marathon Gold named Newfoundland Explorer of Year

NEWFOUNDLAND – Marathon Gold Corp. of Toronto has received the 2013 Explorer of the Year Award from the Newfoundland Branch of the CIM. The award is made in recognition of significant advancement in gold resource development and...

Canadian Mining Journal Staff | November 5, 2013 | 4:06 pm

DATA MANAGEMENT: Priority on rise to keep track of exploration data

TORONTO – Managing data has become a critical concern in the exploration community, according to a global survey report released by Geosoft Inc.

Canadian Mining Journal Staff | November 5, 2013 | 4:04 pm

Alamos posts solid Q3 results

Alamos Gold (TSX: AGI; NYSE: AGI) had a relatively good run in the third quarter with adjusted earnings of US$9.2 million, or US$0.07 per share, in line with analysts’ expectations.

Canadian Mining Journal Staff | November 5, 2013 | 4:00 pm

COMMENT: Barrick seeks to raise $3B with equity offering

Why is it said that bad things come in threes?

Canadian Mining Journal Staff | November 4, 2013 | 4:15 pm

GOLD-COPPER: Taseko to appeal New Prosperity rejection

BRITISH COLUMBIA – The Canadian Environmental Assessment Agency has taken another look at plans for Taseko Mines' proposed New Prosperity gold-copper mine, and again refused to give the project its stamp of approval, saying the mine would...

Canadian Mining Journal Staff | November 4, 2013 | 4:13 pm

URANIUM: PLS offers up sixth zone west of R00E

SASKATCHEWAN – Fission Uranium Corp. of Kelowna, BC, and joint venture partner Alpha Minerals of Vancouver have discovered a sixth mineralized zone (R600W) 530 metres west of the Discovery zone (R00E) at their Patterson Lake South project...

Canadian Mining Journal Staff | November 4, 2013 | 4:11 pm

GOLD: San Gold drilling returns 99 g/t Au

MANITOBA – The high grade assays just keep coming for San Gold Corp. of Winnipeg. Underground drilling on the 26 level of the Rice Lake gold mine has returned core grading as high as 99.1 g/t Au.

Canadian Mining Journal Staff | November 4, 2013 | 4:10 pm

Newmont cuts costs; kicks off commercial production at two projects

The last week of October was upbeat for shareholders and management of Newmont Mining (TSX: NMC; NYSE: NEM).

Canadian Mining Journal Staff | November 4, 2013 | 4:08 pm

OIL SANDS: Fort Hills gets $13.5B go-ahead from partners

The Fort Hills oil sands project 90 km north of Fort McMurray, AB, has been in the works for over a decade, but on Oct. 31 the partners announced that they will commit $13.5 billion to building it with a start-up date set for the end of 2017.

Canadian Mining Journal Staff | October 31, 2013 | 4:13 pm

GOLD: Barrick pulls plug on Pascua-Lama

CHILE and ARGENTINA – Strapped for cash in light of low gold prices and continuing resistance to the project, Barrick Gold has suspended construction activities at the Pascua-Lama project on the border of these two countries. The decision...

Canadian Mining Journal Staff | October 31, 2013 | 4:10 pm

MOLYBDENUM: Avanti arranges $40M loan for Kitsault mine

BRITISH COLUMBIA – Vancouver-based Avanti Mining has arranged a pre-construction loan worth US$40 million with Resource Capital Fund VI. The purpose of the loan is to provide the company with working capital for the Kitsault molybdenum...

Canadian Mining Journal Staff | October 31, 2013 | 4:06 pm

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