Canadian Mining Journal Staff, Author at Canadian Mining Journal

MINING PEOPLE IN THE NEWS: Colossus Minerals, Joshua Gold, Osisko, and True North Gems

John Frostiak is now chairman of Colossus Minerals of Toronto following the resignation of Ari Sussman. Frostiak has been a member of the Colossus board since 2007.

Canadian Mining Journal Staff | October 18, 2012 | 4:57 pm

Inside Friedland’s Ivanplats prospectus

VANCOUVER — Canadian mining magnate Robert Friedland looks poised to take the market by storm yet again, with an aggressive portfolio of advanced stage base and precious metal properties in Africa underpinning an initial public offering...

Canadian Mining Journal Staff | October 18, 2012 | 4:56 pm

INITIAL OFFERING: Friedland seeks $300M with Ivanplats IPO

TORONTO – Ivanplats Limited has filed the final prospectus for its initial public offering aiming to raise $300 million. Total equity to be issued in $493 million with the conversion into common shares of $193 million worth of pre-IPO...

Canadian Mining Journal Staff | October 17, 2012 | 5:00 pm

PRIVATE PLACEMENT: Kirkland Lake Gold sets out to raise $60M

ONTARIO – Kirkland Lake Gold, of the northern Ontario city of the same name, is raising $60 million through the private placement of convertible debentures. Dundee Securities and CIBC are co-lead underwriters and have agreed to purchase...

Canadian Mining Journal Staff | October 17, 2012 | 4:59 pm

GOLD RESOURCE: Gold Canyon updates Springpole

ONTARIO – It looks as if there are well over 4 million oz of gold in the resources at the Springpole project 110 km northeast of the Red Lake Mining Camp. Owner Gold Canyon Resources of Vancouver says the updated 43-101 report has an...

Canadian Mining Journal Staff | October 17, 2012 | 4:57 pm

Amara targets higher grades with Sega PEA

VANCOUVER — West African gold producer Amara Mining (formerly Cluffs Gold) is hoping to breathe new life into its 78%-owned Kalsaka gold operation 150 km northwest of Burkina Faso’s capital, Ouagadougou.

Canadian Mining Journal Staff | October 17, 2012 | 4:56 pm

PALLADIUM MINING: First ore mucked from Lac des Iles expansion

ONTARIO – North American Palladium (NAP) is expanding operations at its Lac des Iles palladium mine 85 km northwest of Thunder Bay by developing the underground Offset zone. The company says mining of the first Offset zone stope has begun.

Canadian Mining Journal Staff | October 16, 2012 | 5:00 pm

COPPER-PGM STUDY: Broken Hammer pre-feasibility outlines pit and custom milling

ONTARIO – The Broken Hammer copper-platinum group project at Sudbury can be developed as an open pit with the ore custom milled off site, says owner Wallbridge Mining of Toronto. Production at a rate of 750 t/d could begin in early to mid...

Canadian Mining Journal Staff | October 16, 2012 | 4:59 pm

URANIUM EXPLORATION: New Kianna basement zone discovered at Shea Creek

SASKATCHEWAN – Continued exploration of the Kianna uranium deposit at the Shea Creek project has discovered a new zone, Kianna East. The new zone is east of the existing deposit and spatially associated with the second conductive trend.

Canadian Mining Journal Staff | October 16, 2012 | 4:58 pm

Newstrike’s Whittall on Guerrero gold

Richard Whittall has been near the forefront of discovery on Mexico’s prolific Guerrero gold belt for nearly two decades. The president and CEO of Vancouver-based Newstrike Capital knows all the players and has been involved in a long...

Canadian Mining Journal Staff | October 16, 2012 | 4:57 pm

GUEST PERSPECTIVE: The decline of Canadian juniors

The junior mining and exploration sector that once formed a discreet, integrated and dynamic economic entity has become a fragmented and isolated group of investors and managers with narrow focus and short term (often short sighted) mandates,...

Canadian Mining Journal Staff | October 15, 2012 | 5:00 pm

COAL STUDY: Reserves, mine life up for Arctos (Mount Klappan) project

BRITISH COLUMBIA – The updated feasibility study for the Arctos anthracite project 150 km northeast of Stewart boasts more reserves, a longer mine life and expansion potential compared to earlier studies. The property is 80% owned by...

Canadian Mining Journal Staff | October 15, 2012 | 4:59 pm

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