Canadian Mining Journal Staff, Author at Canadian Mining Journal

ZINC-GOLD-COPPER: Chieftain takes fresh look at Tulsequah VMS

BRITISH COLUMBIA – Chieftain Metals of Vancouver has spent the last six months compiling and interpreting over five decades of historical data from the Tulsequah volcanogenic massive sulphide property. As a result of the...

Canadian Mining Journal Staff | April 2, 2013 | 3:39 pm

TAKEOVER: First Quantum swallows Inmet

VANCOUVER – First Quantum Minerals says it has successfully taken over Inmet Mining Corp. with 92.74% of the outstanding Inmet shares tendered to First Quantum. More than 65.2 million Inmet shares are now in First Quantum's portfolio.

Canadian Mining Journal Staff | April 2, 2013 | 3:35 pm

GOLD: McEwen drills new, high grade discovery at El Gallo

MEXCO – McEwen Mining of Toronto reports that it has made a new, high grade gold discovery near its El Gallo complex in Sinaloa. The company says the new Twin Domes has grades reminiscent of those mined between 1800 and 1950.

Canadian Mining Journal Staff | April 2, 2013 | 3:31 pm

Uranerz reports loss as drive to production continues

As Uranerz Energy (URZ-T, URZ-X) drives to put its part of Wyoming’s Powder River Basin into commercial production this year, it will likely have to top up its coffers.

Canadian Mining Journal Staff | April 2, 2013 | 3:28 pm

DIAMONDS: Sale of Ekati mine to close April 10

NORTHWEST TERRITORIES – The governments of Canada and the Northwest Territories, as well as related regulatory authorities, have confirmed that they will approve the sale of the Ekati diamond mine at Lac de Gras to Dominion Diamond Corp....

Canadian Mining Journal Staff | April 1, 2013 | 4:16 pm

COAL: More Chinese miners killed in second blast at mine

CHINA – Just three days after a blast killed 28 Chinese coal miners, a second blast at the same mine killed six more. Eleven other miners were missing after the explosion in the mine near the city of Baishan in Jilin province.

Canadian Mining Journal Staff | April 1, 2013 | 4:15 pm

GOLD: New technical report filed for Bell Creek

ONTARIO – The latest resource estimate for the Bell Creek gold mine belonging to Lake Shore Gold of Toronto puts the total number of contained ounces at over 1.6 million. There are 4.7 million measured and indicated tonnes grading 4.72...

Canadian Mining Journal Staff | April 1, 2013 | 4:14 pm

URANIUM: Moratorium in Quebec

QUEBEC – The government of Quebec announced a decision not to issue exploration, development or mining permits for uranium projects within its borders. The decision will remain in effect until an independent study on the environmental...

Canadian Mining Journal Staff | April 1, 2013 | 4:11 pm

El Chanate write-down surprises AuRico shareholders

Despite a $127 million write-down of the El Chanate mine in Sonora, Mexico, Canaccord Genuity analyst Rahul Paul says he isn't changing his investment thesis on AuRico Gold (AUQ-T, AUQ-N) and is maintaining his US$11 price target on the stock....

Canadian Mining Journal Staff | April 1, 2013 | 4:09 pm

OIL SANDS: Suncor drops Voyageur upgrader

ALBERTA – Word has come down from Suncor's head office in Calgary that the company will not be proceeding with the $1-billion Voyageur upgrader project.

Canadian Mining Journal Staff | March 28, 2013 | 3:58 pm

LABOUR: USW, Vale ink new collective agreement

ONTARIO – The members of USW Local 2020-05 have ratified a new four-year collective agreement with Vale at its Sudbury operations. The agreement comes into effect on April 1, 2013.

Canadian Mining Journal Staff | March 28, 2013 | 3:53 pm

STUDY: Pipeline of new mining projects drying up

HALIFAX – SNL Metals Economics Group has published its latest pipeline activity index for the mining industry, and the outlook is far from rosy. The PAI reached a three-year low in February. Equally alarming is that it declined 43% since...

Canadian Mining Journal Staff | March 28, 2013 | 3:47 pm

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