Canadian Mining Journal Staff

COBALT DEVELOPMENT: Formation Metals presses on with Idaho project

IDAHO – Vancouver-based Formation Metals is pleased with the progress on its 100% owned Idaho cobalt project (ICP). Construction includes an underground mine and concentrator near Salmon in the central part of the state and an...

Canadian Mining Journal Staff | July 12, 2012 | 4:56 pm

PERMITTING: One giant step for Donlin gold project

ALASKA – The Donlin gold project 450 km northwest of Anchorage was never going to be an inexpensive development, but now the US$6 billion undertaking is a step closer to reality. The directors of the operating company, Donlin Gold, have...

Canadian Mining Journal Staff | July 11, 2012 | 5:00 pm

FUNDING: North American Palladium offers debentures worth $43 million

ONTARIO – North American Palladium of Toronto is raising $43 million through the offering of 43,000 convertible unsecured subordinated debentures at a price of $1,000 each. The underwriting syndicate will be led by Scotia Capital and...

Canadian Mining Journal Staff | July 11, 2012 | 4:59 pm

IRON ORE RESOURCE: Kami M&I tops 1 billion tonnes at 30% Fe

LABRADOR – Vancouver-based Alderon Iron Ore Corp. announced that the total measured and indicated resources at its Kamistiatusset (Kami) iron ore project are now estimated to be 1.1 billion tonnes at 29.8% Fe. The project also has an...

Canadian Mining Journal Staff | July 11, 2012 | 4:58 pm

What next for South American Silver?

The release yesterday [July 9, 2012] of South American Silver’s remaining employees and a police officer taken hostage earlier this month by opponents to its Malku Khota project in Bolivia marks a new phase in the Vancouver-based...

Canadian Mining Journal Staff | July 11, 2012 | 4:57 pm

METEOR IMPACT: Greenland site of 3-billion-year-old crater

GREENLAND – The Geological Survey of Greenland has determined that the Maniitsoq Structure on that country’s west coast is “the remains of a gigantic meteorite impact.” The announcement was made on June 28, 2012, to...

Canadian Mining Journal Staff | July 10, 2012 | 5:00 pm

GRAPHITE STUDY: Northern Graphite completes Bissett Creek feasibility

ONTARIO – Northern Graphite Corp. of Ottawa has completed a bankable feasibility study for its 100% owned Bissett Creek graphite deposit near Renfrew, ON. According to the company, the study confirms the technical and financial viability...

Canadian Mining Journal Staff | July 10, 2012 | 4:59 pm

RARE EARTH RESOURCE: Avalon boosts measured amount at Nechalacho

NORTHWEST TERRITORIES – Avalon Rare Metals of Toronto has updated the resource estimate for the Nechalacho rare earth deposit at its Thor Lake property. The report was prepared by Roscoe Postle Associates.

Canadian Mining Journal Staff | July 10, 2012 | 4:58 pm

GOLD EXPLORATION: Marathon Gold cuts high grades, good intervals at Leprechaun deposit

NEWFOUNDLAND – Step-out drilling at the Leprechaun gold deposit near Buchans has intersected new high grade mineralization up to 150 metres down-dip from the previously defined Main zone boundary. The Leprechaun deposit is part of the...

Canadian Mining Journal Staff | July 10, 2012 | 4:57 pm

Technical Analysis Report: Uranium stocks show signs of life

Ever since the great bull-run in uranium prices leading into 2008 investors have been waiting for the second leg up.

Canadian Mining Journal Staff | July 10, 2012 | 4:56 pm

Trends affecting water treatment

Effective approaches to water treat­ment will be critical to sustaining and enhancing public support for mining efforts in the future. As we all know, water is essential to mine and metallurgical pro­cessing for milling and flotation,...

Canadian Mining Journal Staff | July 10, 2012 | 4:33 pm

FOR SALE: North American Palladium to divest Vezza gold mine

QUEBEC – Now that it has all the permits for its Vezza gold mine 25 km south of Matagami have been received, owner North American Palladium of Toronto has announced its intention to divest the property.

Canadian Mining Journal Staff | July 9, 2012 | 5:00 pm

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