Canadian Mining Journal Staff, Author at Canadian Mining Journal

ACQUISITION: Hecla buys into Canamex

COEUR-D'ALENE, Idaho – A wholly owned subsidiary of Hecla Mining Company has subscribed to 14 million common shares of Canamex Resources of Vancouver. The shares are priced at US$0.18 each for gross proceeds to Canamex of $2.52 million....

Canadian Mining Journal Staff | November 19, 2012 | 3:58 pm

IRON ORE: Cliffs slows Bloom Lake work

QUEBEC – Cliffs Natural Resources of Cleveland, OH, has announced plans to delay part of the phase two expansion of the Bloom Lake iron ore mine, 400 km north of Sept-Iles. It will also idle a portion of its iron ore production at...

Canadian Mining Journal Staff | November 19, 2012 | 3:57 pm

CSR: Harvard discussion notes available

OTTAWA – Last June the Office of the Extractive Sector Corporate Social Responsibility Counsellor launched a series of discussion notes on the subject. The series highlights research and global good practice in the CSR field, including...

Canadian Mining Journal Staff | November 19, 2012 | 3:56 pm

QMX Gold looks forward to brighter days ahead

VANCOUVER — At the beginning of the year Toronto-based producer QMX Gold — then Alexis Minerals — had quite a lot on its plate. The company was trying to stabilize operations at its Lac Herbin gold mine in Val-d'Or, QC, as...

Canadian Mining Journal Staff | November 19, 2012 | 3:55 pm

GUEST OPINION: Pierre Lassonde on gold, Part Four

From his keynote address to the Denver Gold Forum, September 2012.

Canadian Mining Journal Staff | November 15, 2012 | 4:00 pm

GOLD STUDY: PEA upbeat for Spanish Mountain

BRITISH COLUMBIA – Spanish Mountain Gold of Vancouver says the preliminary economic assessment of its Spanish Mountain gold project 70 km northeast of Williams Lake is complete, and it is positive. The study examined a mine and mill that...

Canadian Mining Journal Staff | November 15, 2012 | 3:59 pm

GOLD RESOURCE: Gold Bullion tallies Granada numbers

QUEBEC – Gold Bullion Development Corp. of Vancouver has updated the resource estimate for its Granada gold project 5 km south of Rouyn-Noranda. The company says there is are as many as 1.6 million oz of gold at the property when a...

Canadian Mining Journal Staff | November 15, 2012 | 3:58 pm

DIAMOND DEVELOPMENT: Stornoway, Quebec sign new road deal

QUEBEC – Les Diamants Stornoway (Canada), a wholly owned subsidiary of Montreal-based Stornoway Diamond Corp., has signed a new agreement with the government of Quebec for the financing and completion of the 240-km-long Route 167...

Canadian Mining Journal Staff | November 15, 2012 | 3:57 pm

Record production for SAS

St Andrews Goldfields' goal of reaching 100,000 oz of gold production for the year is getting closer to reality.

Canadian Mining Journal Staff | November 15, 2012 | 3:56 pm

GUEST OPINION: Pierre Lassonde on gold, Part Three

From his keynote address to the Denver Gold Forum, September 2012.

Canadian Mining Journal Staff | November 14, 2012 | 4:00 pm

FINANCING: Rainy River ups bought deal to $57.5M

ONTARIO – Rainy River Resources of Toronto has boosted the size of its public offering to $57.5 million, or 10.5 million common shares at a price of $5.50 each. The underwriters have also been granted an option to purchase up to 1.6...

Canadian Mining Journal Staff | November 14, 2012 | 3:59 pm

MINERAL PROCESSING: Inmet awards Cobre Panama contract to SNC-Lavalin

PANAMA – Inmet Mining of Toronto has selected Joint Venture Panama Inc. to do the detailed engineering, procurement and construction of the mineral processing plant at its Cobre Panama copper project. The joint venture is led by...

Canadian Mining Journal Staff | November 14, 2012 | 3:58 pm

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