Canadian Mining Journal Staff

GUEST COMMENT: Global mining industry faces confidence crisis

While the Top 40 mining companies increased volumes by 6%, softer commodity prices meant that 2012 revenues of $731 billion was only the second year in a decade that mining revenue did not increase, according to the latest PwC report: Mine: A...

Canadian Mining Journal Staff | June 5, 2013 | 3:29 pm

BASE METALS: PEA for Murray Brook is positive

NEW BRUNSWICK – El Nino Ventures of Vancouver is in possession of the preliminary economic assessment for its Murray Brook copper-lead-zinc project in the Bathurst mining camp, and the company says not only is it positive but there may be...

Canadian Mining Journal Staff | June 5, 2013 | 3:26 pm

MAGNESIUM: West High Yield proposes novel hydromet process for Record Ridge

BRITISH COLUMBIA – Calgary-based West High Yield Resources is studying the preliminary economic assessment for its Record Ridge magnesium property near Rossland in the southeast part of the province.

Canadian Mining Journal Staff | June 5, 2013 | 3:24 pm

MINING PEOPLE: Beaufield, Cap-Ex Iron Ore, Guyana Goldfields, Skyharbour, Stellar AfricaGold, and Superior Copper

Beaufield Resources of Montreal has named Jens E. Hansen its new president and CEO. He had held those posts in the interim since March 2013. Hansen is also president of Geotest with whom Beaufield has entered into a formal consulting agreement.

Canadian Mining Journal Staff | June 5, 2013 | 3:20 pm

GEOCHEMISTRY: Met-Solve opens new lab in Canada

BRITISH COLUMBIA – Met-Solve Analytical Services has officially opened a new geochemistry laboratory with headquarters in Langley. Met-Solve is a fully equipped, state of the art commercial laboratory which is now receiving the first...

Canadian Mining Journal Staff | June 5, 2013 | 3:18 pm

Western gets $32M for Milestone from Chinese firms

Western Potash (WPX-T) has lined up $32 million for its Milestone potash deposit in Saskatchewan, giving it some breathing room to secure more ample funds to advance its hefty $3.3-billion project.

Canadian Mining Journal Staff | June 5, 2013 | 3:15 pm

GOLD: Acadian makes first estimate for Hudson zone at Fifteen Mile Stream

NOVA SCOTIA – Acadian Mining Corp. of Halifax has released the maiden resource estimate for the Hudson zone at the Fifteen Mile Stream gold project 95 km northeast of Halifax. The Hudson zone, located 700 metres west of the Main zone,...

Canadian Mining Journal Staff | June 4, 2013 | 3:56 pm

ABORIGINAL RELATIONS: Explor signs MOU with First Nations

ONTARIO – Explor Resources of Rouyn-Noranda has signed a memorandum of understanding with the Flying Post First Nation of Nipigon and the Mattagami First Nation of Gogama with respect to Explor's Timmins Porcupine West gold property. The...

Canadian Mining Journal Staff | June 4, 2013 | 3:54 pm

SILVER-LEAD: Alexco tightens belt

YUKON – Due to the relatively low price of zinc and silver, Alexco Resource Corp. of Vancouver has announced several belt-tightening measures including layoffs, capital projects roll-back, vendor discussions, deferral of new mine...

Canadian Mining Journal Staff | June 4, 2013 | 3:52 pm

SOFTWARE: New XPAC release integrates seamlessly with Vulcan

BRISBANE, Australia – The latest release of the XPAC mine scheduling application from mining software providers RungePincockMinarco (RPM), has been launched. It includes the key productivity feature of seamless integration with...

Canadian Mining Journal Staff | June 4, 2013 | 3:49 pm

Endeavour gets El Cubo back on track

Endeavour Silver (EDR-T, EXK-N) has its El Cubo mine in Guanajuato, Mexico, up and running again.

Canadian Mining Journal Staff | June 4, 2013 | 3:47 pm

GOLD: Lexam combines estimates, evaluates pit potential

ONTARIO – Lexam VG Gold of Toronto has updated the combined resource estimates for its three adjoining properties – Buffalo Ankerite, Fuller and Paymaster – plus the nearby Davidson Tisdale property, all located in Timmins....

Canadian Mining Journal Staff | June 3, 2013 | 4:07 pm

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