Canadian Mining Journal Staff, Author at Canadian Mining Journal

ZINC-GOLD-COPPER: “Robust” results from Tulsequah Chief feasibility

BRITISH COLUMBIA – Chieftain Metals of Toronto says the completed feasibility study is "robust" for its Tulsequah Chief zinc-gold-copper deposit 100 km south of Atlin. The study yielded a pre-tax net present value (8%) of $192.7 million...

Canadian Mining Journal Staff | December 12, 2012 | 4:00 pm

COPPER: Latest 43-101 for Granduc increases tonnage and grade

BRITISH COLUMBIA – Castle Resources of Vancouver has released the updated resource estimate for its Granduc copper project near Stewart. According to the company, both tonnage and copper grade are better than earlier estimates.

Canadian Mining Journal Staff | December 12, 2012 | 3:59 pm

GOLD: Moneta updates revs up Golden Highway

ONTARIO – Moneta Porcupine Mines of Timmins, ON, has filed an updated resource estimate and preliminary economic assessment for its Golden Highway gold project east of Timmins. The property is estimated to contain 4.3 million oz of gold...

Canadian Mining Journal Staff | December 12, 2012 | 3:58 pm

GOLD: Centerra buying out partner at Oksut project

TURKEY – Centerra Gold of Toronto is going to buy out its joint venture partner, Stratex International, at the Oksut gold project in the Kayseri region in the central part of the country. The transaction will give Centerra a 100% interest...

Canadian Mining Journal Staff | December 12, 2012 | 3:57 pm

PEOPLE: Athabasca Minerals, Defiance Silver, Pitchblack, Radisson and Rubicon

Athabasca Minerals of Edmonton welcomes Michael Peck to its board of directors. He is currently employed with Sherritt International as senior general manager, mining operations in the Sherritt Coal Edmonton Division.

Canadian Mining Journal Staff | December 12, 2012 | 3:56 pm

Eldorado to raise US$600 million

In November, Eldorado Gold announced plans to offer up to US$500 million in senior unsecured notes due in 2020 to help the company implement growth initiatives and augment its balance sheet. But the proposed offering was withdrawn several days...

Canadian Mining Journal Staff | December 12, 2012 | 3:55 pm

COMMENT: Chinese workers headed to Greenland

If something happens twice, does that indicate the beginning of a trend? The "something" is governments allowing foreign workers to fill jobs at mining projects. With the blessing of Canada's federal government, HD Mining is importing...

Canadian Mining Journal Staff | December 11, 2012 | 5:06 pm

DIAMOND: Renard 65 sampling yields 9.78 and 6.41 ct stones

QUEBEC – Montreal-based Stornoway Diamond Corp. has recovered a 9.78-ct and a 6.41-ct diamond from the Renard 65 bulk sample. The 9.78-ct stone, worth US$7,000/ct, is an unbroken white octahedral gem, the most valuable ever...

Canadian Mining Journal Staff | December 11, 2012 | 5:04 pm

GOLD: More infrastructure brings McGarry mine closer to commercial production

ONTARIO – Armistice Resources Corp. of Toronto is pushing ahead with infrastructure projects at its McGarry gold mine in Virginiatown as the mine gets closer to commercial production. The improvements are aimed at boosting production...

Canadian Mining Journal Staff | December 11, 2012 | 5:03 pm

AWARDS: PDAC names 2013 winners

TORONTO – The Prospectors and Developers Association of Canada has announced the winners of various awards that will be presented during the annual meeting March 3 to 6, 2013, at the Metro Toronto Conventional Centre.

Canadian Mining Journal Staff | December 11, 2012 | 5:00 pm

Flow-through donations may be safety net for junior explorers

It’s no secret that tight equity markets are hurting junior mining and other resource exploration firms in Canada as they struggle to find the vein of capital to keep their operations running and their valuations from leeching away.

Canadian Mining Journal Staff | December 11, 2012 | 3:56 pm

DIAMONDS: Stornoway receives Renard certificate of authorization

QUEBEC – A major permitting milestone for the Renard diamond development has been achieved on time, says owner Stornoway Diamond Corp. of Montreal. The Quebec Ministere du Developpement Durable, de l'Environmnement, de la Faune et des...

Canadian Mining Journal Staff | December 10, 2012 | 4:00 pm

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