Canadian Mining Journal Staff, Author at Canadian Mining Journal

For the gold bug this holiday season

OTTAWA - The Royal Canadian Mint is offering the public the unique chance to buy part of a rare collection of Canada's first gold coins, produced by the Mint from 1912 to 1914 and not seen since the outbreak of the First World War. The coins...

Canadian Mining Journal Staff | November 29, 2012 | 4:00 pm

IRON ORE: Century Iron joint ventures Sunny Lake with WISCO

QUEBEC – Century Iron Mines Corp. (60%) of Toronto and WISCO International (40%), a subsidiary of China's Wuhan Iron & Steel, have created a joint venture for Century's Sunny Lake iron ore property near Schefferville. WISCO Sunny Lake...

Canadian Mining Journal Staff | November 29, 2012 | 3:59 pm

GOLD: Osisko locks up Queenston shares

MONTREAL – Agnico-Eagle Mines of Toronto has agreed to sell its 4.8 million shares or 9.2% of Queenston Mining to Osisko Mining. Agnico-Eagle will receive $42.3 million for its shares.

Canadian Mining Journal Staff | November 29, 2012 | 3:58 pm

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

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