Canadian Mining Journal Staff

DIAMONDS: Stornoway pleased with valuation of Renard sample

QUEBEC – Stornoway Diamond Corp. of Montreal is pleased with the latest valuation of a bulk sample from its Renard diamond project in the Otish Mountains. An independent valuation using March 2013 prices revealed an average price of...

Canadian Mining Journal Staff | April 11, 2013 | 4:08 pm

MINING PEOPLE: New Millennium, Nickel Institute, Probe Mines, Romios Gold, and White Tiger

New Millennium Iron Corp. of Calgary has named Gino Levesque as senior VP of projects and logistics. He has been VP and general manager at Wabush mine and VP for eastern Canada Iron Ore for Cliffs Natural Resources. He holds a bachelor in...

Canadian Mining Journal Staff | April 11, 2013 | 4:05 pm

AWARD: Northern Light named one of Canada’s best managed companies

TORONTO - Northern Light Technologies (NLT), a division of Levitt-Safety, has been named as a winner in Canada’s 50 Best Managed Companies Program. Sponsored by Deloitte, CIBC and The National Post, the program identifies Canadian...

Canadian Mining Journal Staff | April 11, 2013 | 4:04 pm

Hanlong reneges on Sundance deal

VANCOUVER –Mining companies and resource investors are going to have a tough time believing Hanlong Group if it tables another takeover offer. Twice the huge Chinese energy and resource company has offered to take over junior miners but...

Canadian Mining Journal Staff | April 11, 2013 | 4:00 pm

GOLD: Chilean court halts work at Pascua-Lama

CHILE – Construction of the Chilean portion of the Pascua-Lama gold mine has been suspended following an injunction issued by a Chilean court of appeals. Toronto-based owner Barrick Gold Corp. said in a tersely worded statement that it...

Canadian Mining Journal Staff | April 10, 2013 | 4:27 pm

TAXES: Opposition grows to increases in Quebec mining royalties

QUEBEC – A public petition circulated by the Quebec Mining Association calling on the Quebec government to review its plan to change the mining tax regime in the province has been signed by over 10,000 people.

Canadian Mining Journal Staff | April 10, 2013 | 4:26 pm

GOLD-COPPER: Excellent metallurgical results from Seel deposit

BRITISH COLUMBIA – Gold Reach Resources of Vancouver is pleased with the results of metallurgical tests conducted on samples from the Seel gold-copper-molybdenum deposit at its Oosta property near Smithers.

Canadian Mining Journal Staff | April 10, 2013 | 4:24 pm

GOLD: Orefinders cuts bonanza grades at Mirado

ONTARIO – Orefinders Resources of Vancouver is living up to its name by drilling 9.50 metres at 49.2 g/t Au including 1.00 metre at 559.0 g/t Au at its Mirado gold property near Kirkland Lake.

Canadian Mining Journal Staff | April 10, 2013 | 4:19 pm

Agnico-Eagle investment a ‘vote of confidence’ in Sulliden

After what Sulliden Gold (SUE-T, SDDF-O) describes as a “thorough technical review,” Agnico-Eagle Mines (AEM-T, AEM-N) has made a $24 million strategic investment in the junior and its Shahuindo project in northern Peru.

Canadian Mining Journal Staff | April 10, 2013 | 4:17 pm

URANIUM: Canadian producers gain access to Indian market

Canada's uranium producers are nothing if not world class. In 2011, 8.69 million tonnes of uranium worth $1.1 billion was produced, all of it from Saskatchewan. That makes us second in the world, behind Kazakhstan (17.8 million tonnes) and well...

Canadian Mining Journal Staff | April 9, 2013 | 3:20 pm

GOLD: Osisko breaks records in Q1 2013

QUEBEC – After stumbling through 2012, the first full year of production at the Canadian Malartic gold mine in the town of the same name, Osisko Mining Corp. is setting record after record as production numbers for the first quarter of...

Canadian Mining Journal Staff | April 9, 2013 | 3:19 pm

GOLD: Typhoon studies pit, underground options for Fayolle deposit

QUEBEC – Typhoon Exploration of Laval, QC, must be pleased with the positive preliminary economic assessment for the Fayolle gold deposit 30 km from Rouyn-Noranda. The PEA examined the potential of both an open pit and an underground...

Canadian Mining Journal Staff | April 9, 2013 | 3:17 pm

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