Canadian Mining Journal Staff

ALUMINUM: Rio Tinto Alcan slashes Shawinigan smelter output

QUEBEC – Montreal's Rio Tinto Alcan said on Aug. 7 that it will immediately slash 50,000 tonnes of production at its Shawinigan smelter in the town of the same name. By the end of November the smelter will shut down, taking an additional...

Canadian Mining Journal Staff | August 8, 2013 | 3:32 pm

MINING PEOPLE: Quaterra, Rail-Veyor, Tango Gold, and White Tiger

Quaterra Resources of Vancouver says Dr. Thomas Patton will move from his position as president and CEO to become chairman. Previous VP and general manager of Yerington, Steven Dischler, takes over as president and CEO. Dr. Michael Berry has...

Canadian Mining Journal Staff | August 8, 2013 | 3:30 pm

Cartel break-up raises doubts about BHP’s Jansen project

The break-up of one of the world's two big potash cartels has spawned much speculation about the future of BHP Billiton's (NYSE: BHP) Jansen project in Saskatchewan, with a report from analysts at Bank of America Merrill Lynch arguing that...

Canadian Mining Journal Staff | August 8, 2013 | 3:26 pm

GOLD: Golden Band restarts La Ronge operations

SASKATCHEWAN – Golden Band Resources of Saskatoon has resumed full operations at its La Ronge gold project, suspended since late February 2013 while the company sought to restore profitability to the operation.

Canadian Mining Journal Staff | August 7, 2013 | 4:02 pm

DIAMONDS: Stornoway updates joint venture exploration

MONTREAL – Stornoway Diamond Corp. may be busy building Quebec's first diamond mine, but it still has time to update activity on its joint ventures with North Arrow Minerals. North Arrow has an option to acquire an 80% interest in each of...

Canadian Mining Journal Staff | August 7, 2013 | 3:59 pm

GOLD: Good drill intercepts below Hislop pits

ONTARIO – As Toronto-based St Andrew Goldfields (SAS) continues to drill at its Hislop project near Timmins, the company reports that drilling continues to return encouraging results.

Canadian Mining Journal Staff | August 7, 2013 | 3:54 pm

URANIUM: Good grades continue at Shea Creek

SASKATCHEWAN – The first five holes at the Shea Creek uranium project include high grade assays, says 49% owner UEX Uranium of Vancouver. The remaining interest belongs to Saskatoon-based Areva Resources Canada and includes the Kianna,...

Canadian Mining Journal Staff | August 7, 2013 | 3:51 pm

Obituary: WGM’s Jack McOuat

John (Jack) McOuat, an icon of the Toronto mining scene and the last surviving co-founder of the independent geological and mining consulting firm Watts, Griffis and McOuat (WGM), died on July 30 at age 80 at the Sunnybrook Hospital in Toronto.

Canadian Mining Journal Staff | August 7, 2013 | 3:48 pm

COPPER-NICKEL: KGHM becomes sole operator of Victoria project

ONTARIO – KGHM International (formerly Quadra FNX) of Vancouver has become the sole operator of the Victoria copper-nickel project near Sudbury, thanks to a recent agreement with partner Vale Canada. The deal gives KGHM responsibility for...

Canadian Mining Journal Staff | August 6, 2013 | 4:21 pm

FINANCE: Mag Copper raises $15M for Fabie Bay and Mangusi

QUEBEC – S.W. Taylor & Co. Brokers (Middle East) has issued a commitment letter for the insurance of convertible debentures in the amount of US$15 million to be issued by Toronto's Mag Copper Limited. Mag Copper plans to reopen the...

Canadian Mining Journal Staff | August 6, 2013 | 4:19 pm

OIL SANDS: SNC-Lavalin awarded Christina Lake contract

ALBERTA – SNC-Lavalin of Montreal has been awarded the detailed engineering and procurement contract for Phase 3A of the Christina Lake steam-assisted gravity drainage (SAGD) facility. The project is owned by MEG Energy of Calgary.

Canadian Mining Journal Staff | August 6, 2013 | 4:17 pm

ENVIRONMENT: BioteQ, Jiangxi Copper agree to build third water treatment plant

CHINA – BioteQ Environmental Technologies has signed an agreement with joint venture partner Jiangxi Copper Company (JCC), the largest copper mining company in China, to build a water treatment plant at the Yinshan mine site. Yinshan is a...

Canadian Mining Journal Staff | August 6, 2013 | 4:14 pm

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