Canadian Mining Journal Staff

PHOSPHATE: Lac a Paul pilot test confirms 90% recovery

QUEBEC – Pilot-scale testing of ore from the Lac a Paul phosphate deposit in the Saguenay-Lac-St-Jean region has made a 39% P2O5 product with 90% recovery, according to project owner Arianne Phosphate of Saguenay, QC. The flowsheet relies...

Canadian Mining Journal Staff | May 21, 2013 | 4:04 pm

MINING PEOPLE: Cline Mining, Great Quest, Northern Gold, and Strikepoint Gold

Cline Mining Corp. of Toronto has named Mark Haywood executive chairman of the board following the resignation of former chairman Hon. Bill McKnight.

Canadian Mining Journal Staff | May 21, 2013 | 4:02 pm

Investors send Xstrata execs packing at first Glencore Xstrata AGM

VANCOUVER – The merged Glencore Xstrata PLC (GLEN-L) was supposed to bear a board with directors from both predecessor companies, part of the attempt to portray the deal as a merger of equals instead of a takeover of Xstrata.

Canadian Mining Journal Staff | May 21, 2013 | 4:00 pm

ZINC-COPPER: Production begins at Bracemac-McLeod

QUEBEC – Production has begun at the Bracemac-McLeod base metal mine near Matagami at an average rate of 3,000 t/d. The mine is a joint venture of Donner Metals (35%) of Vancouver and Glencore Xstrata (65% and operator).

Canadian Mining Journal Staff | May 16, 2013 | 3:58 pm

GOLD: New Gold unwinds hedges at Mesquite

CALIFORNIA – New Gold of Vancouver has eliminated the legacy gold hedges associated with the 2008 project financing for its Mesquite heap leach gold mine in Imperial County. The company said that it repaid the loan in 2010, four years...

Canadian Mining Journal Staff | May 16, 2013 | 3:56 pm

COPPER-GOLD: Woodjam resources expand

BRITISH COLUMBIA – Gold Fields Horsefly Exploration Corp., a subsidiary of Gold Fields Ltd., has updated the resources at the Woodjam copper-gold project 55 km east of Williams Lake. The copper content at the Southeast zone has increased...

Canadian Mining Journal Staff | May 16, 2013 | 3:54 pm

PATENT: Titanium wins final Canadian recognition for oil sands tailings treatment

CALGARY - Titanium Corporation has been awarded the final of the three core Canadian patents that together secure its innovative green oil sands technology. The new patent (No. 2662346 Moran et al) was awarded for a novel process that recovers...

Canadian Mining Journal Staff | May 16, 2013 | 3:52 pm

Kootenay adds gold to Promontorio resource

VANCOUVER – Kootenay Silver (KTN-V) always knew there was gold alongside the silver at its flagship Promontorio project in Sonora, Mexico, but without proof the gold was recoverable the company had always excluded the yellow metal from...

Canadian Mining Journal Staff | May 16, 2013 | 3:50 pm

URANIUM: Strateco takes $87M write down on Matoush

QUEBEC – Strateco Resources of Boucherville, QC, has taken an impairment charge of $87.24 million at the end of March 2013, following the decision by Quebec's minister of Sustainable Development, Environment, Wildlife and Parks not to...

Canadian Mining Journal Staff | May 15, 2013 | 4:27 pm

ELECTION: AME BC congratulates BC Liberals on victory

VANCOUVER – The Association for Mineral Exploration BC has offered its congratulations to the British Columbia Liberal Party for its majority election win on May 14, 2013.

Canadian Mining Journal Staff | May 15, 2013 | 4:26 pm

GOLD: Exploration continues despite soft price

CANADA – Despite downward pressure on the price of gold, it remains one of the most popular exploration targets in this country. At the end of business on May 14 the price was US$1,433.75, down from almost US$1,700 at the start of the...

Canadian Mining Journal Staff | May 15, 2013 | 4:16 pm

Cameco kicks off third ISR mine in U.S.

The North Butte in situ uranium mine in Wyoming has started initial production as a satellite facility for Cameco Corp.’s (CCO-T, CCJ-N) Smith Ranch-Highland in situ mine.

Canadian Mining Journal Staff | May 15, 2013 | 4:13 pm

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