Canadian Mining Journal Staff, Author at Canadian Mining Journal

GOLD: Osisko plans take hit from falling price

QUEBEC – The nosedive in the price of gold earlier this month is being felt at at least one large bulk tonnage producer. Osisko Mining Corp. of Montreal has announced plans to shrink its workforce by 6% over the next few months. President...

Canadian Mining Journal Staff | April 29, 2013 | 4:23 pm

GOLD: Tasiast expansion on horizon for Kinross

MAURITANIA – Kinross Gold Corp. of Toronto has a pre-feasibility study in hand for its Tasiast gold project, and the company is going forward with a full feasibility study for a 38,000 t/d mill at the project. A new mill will replace the...

Canadian Mining Journal Staff | April 29, 2013 | 4:21 pm

COPPER: Capstone to buy mine in Arizona from BHP

ARIZONA – Capstone Mining Corp. of Vancouver has offered owner BHP Copper US$650 million for the Pinto Valley open pit copper mining operation and associated San Manuel Arizona Railroad. The property is approximately 125 km east of...

Canadian Mining Journal Staff | April 29, 2013 | 4:19 pm

AWARD: Weir Canada shares steel design award

MISSISSAUGA, Ontario – Weir Canada is the recipient of the Alberta 2013 Canadian Institute of Steel Construction Design Award of Excellence, Industrial Category. The award is given every two years to recognize exceptional talent and...

Canadian Mining Journal Staff | April 29, 2013 | 4:17 pm

Homestake releases final resource as Agnico-Eagle takes over

VANCOUVER — Vancouver-based junior Homestake Resource (HSR-V) is turning the page on nine years of exploration at its Homestake Ridge gold-silver property on the Iskut-Stewart-Kitsault belt 32 km northwest of Alice Arm, BC. A final...

Canadian Mining Journal Staff | April 29, 2013 | 4:15 pm

POTASH: PCS earnings up, interest in ICL down

SASKATOON – Potash Corporation of Saskatchewan released its Q1 numbers on April 25, noting that potash sales volumes increased 78% from Q1 2012. Total sales for the first quarter this year were US$2.1 billion, compared with US$1.7 billion...

Canadian Mining Journal Staff | April 25, 2013 | 4:14 pm

DIAMONDS: Dominion issues reserve and resource numbers for Ekati

NORTHWEST TERRITORIES – Dominion Diamond Corp. of Toronto has released a new reserve and resource estimate for the Ekati diamond mine at Lac des Gras. The current reserves will support production to 2019.

Canadian Mining Journal Staff | April 25, 2013 | 4:13 pm

GOLD: Jerritt Canyon mill celebrates 8M oz

NEVADA – It is with pride that owner Veris Gold Corp. of Vancouver announces that it's Jerritt Canyon processing plant poured its 8-millionth oz of gold on March 21, 2013. The first ounce of gold was produced on July 4, 1981, when...

Canadian Mining Journal Staff | April 25, 2013 | 4:10 pm

SURVEY: Opinion on mining differs by region

GENEVA, Switzerland – The World Economic Forum and the Boston Consulting Group have released a new survey of 300 mining stakeholders as part of their Responsible Mining Development Initiative (RMDI). The study was conducted between...

Canadian Mining Journal Staff | April 25, 2013 | 4:09 pm

LHDs-TRUCKS: Copco launches new electric vehicles

STOCKHOLM - Atlas Copco now offers complete “green” range of underground electric trucks and loaders, making the company the world’s leading supplier of low emission underground mining equipment. The new series, introduced as...

Canadian Mining Journal Staff | April 25, 2013 | 4:06 pm

Barrick investors revolt against $11.9M bonus [post-AGM update]

In the last year Barrick Gold (ABX-T, ABX-N) has announced a multi-billion dollar overrun at its flagship development project in Chile, taken a $3.8-billion charge on a highly criticized acquisition, changed its chief executive officer and seen...

Canadian Mining Journal Staff | April 25, 2013 | 4:04 pm

GOLD: Gold Mountain continues to drill Elk project

BRITISH COLUMBIA – Gold Mountain Mining Corp. of Vancouver continues to drill at its Elk gold project near Merritt as it upgrades the existing resource. The company says that the mineralization potential continues to the west and...

Canadian Mining Journal Staff | April 24, 2013 | 3:18 pm

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