Canadian Mining Journal Staff

NEW WEBSITE: Eriez revamps its online presence

ERIE, Pennsylvania – Eriez has launched a revamped website featuring a fresh, new layout and expanded content. After extensive research, planning and design, the new website delivers what the company believes is an easier-to navigate,...

Canadian Mining Journal Staff | July 30, 2012 | 4:57 pm

Barrick unveils setbacks, cost hikes, output revisions

Barrick Gold packed its much anticipated second quarter financials with quite a few punches, causing analysts to cut their price targets.

Canadian Mining Journal Staff | July 30, 2012 | 4:56 pm

TAKEOVER: Hecla attempts to derail U.S. Silver, RX Gold merger

COEUR D’ALENE, Idaho, and TORONTO – In early June 2012, U.S. Silver Corp. and RX Gold & Silver (both of Toronto) announced they had worked out a plan of arrangement for the two companies. Uniting under the U.S. Silver & Gold...

Canadian Mining Journal Staff | July 26, 2012 | 5:00 pm

ENVIRONMENTAL: EIS filed for Donkin coal project

NOVA SCOTIA – Erdene Resource Development Corp. (25%) of Halifax and joint venture partner and operator Xstrata Coal Donkin Ltd. (75%) say the environmental impact statement for the Donkin coal project was filed on July 16, 2012, with the...

Canadian Mining Journal Staff | July 26, 2012 | 4:59 pm

GOLD DEVELOPMENT: Agnico-Eagle to mine satellite zones at Goldex

QUEBEC – Toronto-based Agnico-Eagle Mines is going ahead with the development of the M and E satellite zones at the Goldex gold mine in Val d’Or. The company suspended mining at Goldex in October 2011 because of a groundwater inflow...

Canadian Mining Journal Staff | July 26, 2012 | 4:58 pm

MINERAL PROCESSING: Dundee has strategy to significantly boost gold recovery at Chelopech

BULGARIA – Dundee Precious Metals of Toronto says recent metallurgical testing proves that metal recoveries at the Chelopech gold-copper-silver mine can be boosted to more than 90%. A preliminary economic assessment of a method of...

Canadian Mining Journal Staff | July 26, 2012 | 4:57 pm

Editorial: Atleo keeps his crown

Every once in a while, by a cosmic long shot, the meek really do inherit the Earth. What’s unsaid is that they’re never so meek again once they’ve taken the reins of power.

Canadian Mining Journal Staff | July 26, 2012 | 4:56 pm

GOLD EXPLORATION: Valley of the Kings yields true bonanza – 41,582 g/t

BRITISH COLUMBIA – Today’s almost unbelievable bonanza gold grade – 41,582 g/t or 1,212.8 oz per ton – comes from the Brucejack project drilled in the Valley of the Kings, near Stewart. The extremely high grade...

Canadian Mining Journal Staff | July 25, 2012 | 5:00 pm

GOLD EXPLORATION: Hard work reaps windfall at Windfall Lake

QUEBEC – Eagle Hill Exploration Corp. has updated the resource estimate for its Windfall Lake property in the Abitibi greenstone belt and reports large increases. Contained gold in the inferred resource is up 126% to 538,000 oz at a 31%...

Canadian Mining Journal Staff | July 25, 2012 | 4:59 pm

NICKEL DEVELOPMENT: Ambatovy hits permit snag

MADAGASCAR – Sherritt International of Toronto is pressing forward toward commercial production at the Ambatovy laterite nickel project of which it owns 40%. But, says the company, reaching commercial production may be delayed as the...

Canadian Mining Journal Staff | July 25, 2012 | 4:58 pm

AWARD: Handeni gold chairman named Business for Peace laureate

VANCOUVER – Dr. Reginald Mengi, non-executive chairman of Handeni Gold, has been elected one of the six Global Business for Peace Foundation laureates for 2012. He was honoured on May 7 in Oslo, Norway, for ethically and creatively using...

Canadian Mining Journal Staff | July 25, 2012 | 4:57 pm

Rosemont will cost more, Augusta says

Shares of Augusta Resource Corp. closed 7.8% lower at $1.66 per share following the release of an updated feasibility study that estimates higher capital and operating costs for its Rosemont copper project near Tucson, Arizona.

Canadian Mining Journal Staff | July 25, 2012 | 4:56 pm

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