Canadian Mining Journal Staff

Lake Shore soars 56% on expected strong Q2

Lake Shore Gold (LSG-T, LSG-X), one of the weakest performers on the Toronto stock exchange last week losing over 45%, soared 56% when the company said it expects strong production and lower costs in the second quarter.

Canadian Mining Journal Staff | June 25, 2013 | 4:02 pm

COMMENT: Back to work

Having taken a couple weeks off to move, I am slowly getting settled into the new place. For any readers who might wish to contact me, I am now at 1128A Klondike Road, Kanata, ON K2K 0H2, and the phone number is 613-270-0213. The email address...

Canadian Mining Journal Staff | June 24, 2013 | 4:13 pm

SILVER: Huldra advances mill maintenance

BRITISH COLUMBIA – Huldra Silver of Vancouver temporarily suspended milling at its operations in Merritt a few days before a planned maintenance period was to start. The cost saving procedures included the layoff of certain construction...

Canadian Mining Journal Staff | June 24, 2013 | 4:11 pm

IRON ORE: Maiden estimate puts Elizabeth resource at 620 million tonnes

LABRADOR – Labrador Iron Mines Holdings of Toronto has released the maiden resource estimate for its Elizabeth taconite project: 620 inferred tonnes at 31.8% Fe, and, says the company, the property has exploration potential for another...

Canadian Mining Journal Staff | June 24, 2013 | 4:09 pm

COPPER-GOLD: Rambler drills 13+% Cu at Ming mine

NEWFOUNDLAND – Rambler Metals and Mining plc has cut 13.18% Cu, 4.58 g/t Au and 31.73 g/t Ag over 5.8 metres at its Ming copper-gold mine at Baie Verte. Since a breakthrough of the main 1807 ramp system at the end of February 2013, the...

Canadian Mining Journal Staff | June 24, 2013 | 4:07 pm

Canadian Zinc two permits closer to production

Canadian Zinc (CZN-T) continues to progress down the road to production at its Prairie Creek mine in the Northwest Territories.

Canadian Mining Journal Staff | June 24, 2013 | 4:05 pm

Creation of the Sodmex Dveloppement fund – The Caisse invests $250 million in Qubec’s natural resources sector

MONTREAL - The Caisse de dépôt et placement du Québec announced the creation of Sodémex Développement, a $250-million fund.  This new fund, to which the Caisse has been committed since November 2012, will...

Canadian Mining Journal Staff | June 20, 2013 | 3:30 pm

Potential fracking in Gros Morne concerns UNESCO

ST. JOHN’S, NL — The UNESCO world heritage committee is recommending that a monitoring mission be sent to Gros Morne National Park to assess fracking risks, saying it’s seriously concerned about plans for potential oil...

Canadian Mining Journal Staff | June 20, 2013 | 3:30 pm

Rail Veyor of Sudbury wins innovation award

SUDBURY, ON – Rail-Veyor’s® Bulk Material Handling Solution for surface and underground applications earned the company this year’s Bell Canada Innovation Award.“It’s an honour to berecognized by our peers in...

Canadian Mining Journal Staff | June 20, 2013 | 3:30 pm

Northern Miner Editorial: Dousing the Ring of Fire

One of the surprises of the year that in some ways isn’t such a big shocker is Cliffs Natural Resources’ announcement this past week that it is suspending work at its $3.3-billion Black Thor chromite project in northern...

Canadian Mining Journal Staff | June 20, 2013 | 3:30 pm

First woman to take the helm of the Mining Association of Canada

OTTAWA - The Mining Association of Canada (MAC) is pleased to announce that Zoë Yujnovich, President and CEO of Canada's largest iron ore producer, the Iron Ore Company of Canada (IOC), has been elected as Chair of MAC for a two-year term....

Canadian Mining Journal Staff | June 20, 2013 | 1:00 pm

Regina’s used-oil centre reopens at new location

Regina’s main used-oil materials drop-off EcoCentre, closed since late December, has now reopened at its new location at Crown Shred and Recycling, 225 - 6th Avenue East, Regina.

Canadian Mining Journal Staff | June 19, 2013 | 5:00 pm

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