Canadian Mining Journal Staff

GOLD: Detour to raise $106M as opening nears

TORONTO – Detour Gold Corp. has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets to raise $106 million as its Detour Lake gold mine in northern Ontario nears production. Detour Gold will issue 4.0...

Canadian Mining Journal Staff | November 21, 2012 | 3:59 pm

GOLD-COPPER: Drilling at Mount Polley tests potential under pits

BRITISH COLUMBIA – Vancouver-based Imperial Metals Corp. has been drilling at its Mount Polley gold-copper mine 100 km northeast of Williams Lake and confirms significant mineralization lies below the Springer and Cariboo pits.

Canadian Mining Journal Staff | November 21, 2012 | 3:58 pm

MINING PEOPLE IN THE NEWS: Avanti Mining, Carlisle Goldfields, Dundee, Goldgroup and Northern Iron

Michael Winship and Gordon Bogden have been appointed directors of Vancouver-based Avanti Mining.

Canadian Mining Journal Staff | November 21, 2012 | 3:57 pm

Miners remain optimistic at the Quebec mining convention

The Quebec Mining Association or AEMQ has kicked off its four-day annual mining exploration convention at the Chateau Frontenac in Quebec City. The conference runs from Nov. 19 to 22.

Canadian Mining Journal Staff | November 21, 2012 | 3:56 pm

Fresh look for CMJ News

CMJ's Headline News has a new look beginning this week. Designed for today's mobile platforms, the Headline News is easier to read and navigate. It contains the same great information our readers expect, written by the pros at Canadian Mining...

Canadian Mining Journal Staff | November 20, 2012 | 4:00 pm

GOLD: Meliadine resource grows

NUNAVUT – Toronto's Agnico-Eagle Mines says that the US$40-million, 2012 exploration program at the Meliadine gold project near Rankin Inlet has added significantly to the resource thanks to work done in the Wesmeg and Normeg zones.

Canadian Mining Journal Staff | November 20, 2012 | 3:59 pm

SILVER: Maiden resource at Keg holds close to 40M oz

YUKON – Silver Range Resources has released the initial resource estimate for its Keg silver-base metal deposit at the Silver Range project near Faro. Using a 16 g/t Ag cut-off, the deposit has 39.8 million inferred tonnes at 30.3 g/t Ag...

Canadian Mining Journal Staff | November 20, 2012 | 3:58 pm

GOLD: Indicated number at Valley of Kings up 66%

BRITISH COLUMBIA – The latest estimate for Vancouver-based Pretium Resources' Valley of the Kings zone at its Brucejack project about 60 km north of Stewart has risen 66% to 8.5 million oz of gold in the indicated category and 2.9 million...

Canadian Mining Journal Staff | November 20, 2012 | 3:57 pm

SURVEY: CFOs weigh in on mining industry

GE Capital Canada has released its Semi-Annual Canadian Mid-Market CFO Survey, and the respondents' take on the mining industry is less optimistic that it might be. The mid-market companies surveyed had revenues of $117.88 million and an...

Canadian Mining Journal Staff | November 20, 2012 | 3:56 pm

IamGold’s Q3 profit misses the mark

IamGold took a hit after posting a weak third quarter profit thanks to lower gold production and sales.

Canadian Mining Journal Staff | November 20, 2012 | 3:55 pm

Fresh look for CMJ News

Behind the scenes CMJ's IT department has been working to create a fresh look for our Daily Headline News. This week marks the launch. The updated eNews will be more easily viewed on your mobile devices than the old one was. Please let us know...

Canadian Mining Journal Staff | November 19, 2012 | 4:00 pm

OPINION: Golden opportunities

Mineral exploration spending in Canada will top $4 billion for 2012, up 33% from a year earlier, according to figures from the Ontario Mining Association. This country remains a favoured place for explorationists of all sizes because of its...

Canadian Mining Journal Staff | November 19, 2012 | 3:59 pm

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