Canadian Mining Journal Staff, Author at Canadian Mining Journal

GOLD: Minera IRL feasibility promising for Ollachea project

PERU – Minera IRL of Toronto and London, U.K., has completed the definitive feasibility study for its Ollachea gold project in the Puno district. Using a gold price of US$1,300 per ounce, the net present value (7%) is US$264 million...

Canadian Mining Journal Staff | November 29, 2012 | 3:57 pm

Inmet rejects First Quantum’s takeover bid

Shares of Inmet Mining got a sudden boost in late day trading as it made two separate announcements, indicating it has turned down a takeover bid from First Quantum Minerals and has adopted a shareholder rights plan to provide it more time to...

Canadian Mining Journal Staff | November 29, 2012 | 3:56 pm

GOLD: McGarry mine grades top estimates

ONTARIO – Armistice Resources Corp. of Toronto is undoubtedly pleased to report that the stoping grade in its McGarry gold mine near Kirkland Lake is 24% higher than anticipated in the 43-101 report. Sampling in the sill drifts (cut to...

Canadian Mining Journal Staff | November 28, 2012 | 4:00 pm

BASE METALS: Grades high for Tortigny Cu-Zn-Ag-Au resources

QUEBEC – Beaufield Resources of Montreal is pleased with the latest resource estimate from its Tortigny copper-zinc-silver-gold deposit 125 km northwest of Chibougamau. The 43-101 report prepared by SGS Canada estimates the deposit...

Canadian Mining Journal Staff | November 28, 2012 | 3:59 pm

GOLD-SILVER: Corvus continues to hit high grades at North Bullfrog

NEVADA – Corvus Gold of Vancouver says the first hole of the 2012 phase two Yellow Jacket drill program at the North Bullfrog gold and silver project near Beatty continues to delineate the bonanza grade feeder system identified earlier...

Canadian Mining Journal Staff | November 28, 2012 | 3:58 pm

MINING PEOPLE: Catalyst Copper, Dundee, Sunward, and Vangold

Dr. George Poling has joined the board of Vancouver-based Catalyst Copper Corp. Poling holds a BSc in mining and metallurgical engineering and a PhD in mineral process engineering from the University of Alberta and is considered among Canada's...

Canadian Mining Journal Staff | November 28, 2012 | 3:57 pm

Unigold rises on drill results

Shares of Unigold jumped 14.3% to 28¢ on news of one of the best ever drill results from the Candelones Extension, part of its Neita concession in the Dominican Republic.

Canadian Mining Journal Staff | November 28, 2012 | 3:56 pm

GOLD: Bralorne inks gold concentrate contract

BRITISH COLUMBIA – Bralorne Gold Mines of Vancouver has signed an offtake agreement for gold concentrate from its Bralorne gold mine 50 km north of Pemberton. Metallic Commodities Corp. has agreed to buy the concentrate from the mine.

Canadian Mining Journal Staff | November 27, 2012 | 4:00 pm

URANIUM: Kivalliq notes results from Lac 50 trend at Angilak

NUNAVUT – Vancouver-based Kivalliq Energy Corp. has received final drill results from the Lac 50 trend at its 100% owned Angilak property, including high grade assays from the J4 zone that was discovered on July 1, 2012. The J4 zone lies...

Canadian Mining Journal Staff | November 27, 2012 | 3:59 pm

GOLD: Santoy Gap mineralization extended, new zone discovered

SASKATCHEWAN – Claude Resources of Saskatoon says that the 2012 drill program at Santoy Gap extended the mineralized system down dip to 650 metres and along strike to the south toward the Santoy 8 gold mine. The Santoy Gap is part of the...

Canadian Mining Journal Staff | November 27, 2012 | 3:58 pm

COPPER: Xstrata’s Antapaccay ships first copper concentrate

PERU - Xstrata Copper’s Antapaccay copper mine in southern Peru began production of commercial grade copper in concentrates at the beginning of November and has delivered its first shipment to Matarani Port. Commissioning continues as the...

Canadian Mining Journal Staff | November 27, 2012 | 3:57 pm

Cuervo jumps back into action in Peru

Iron ore explorer Cuervo Resources may be on to something big as it drills off the Bob 1 zone, one of the two large targets on its flagship Cerro Ccopane iron ore property in southern Peru.

Canadian Mining Journal Staff | November 27, 2012 | 3:56 pm

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