Canadian Mining Journal Staff

CHROMITE RESOURCE: Big Daddy number updated ahead of mine design

QUEBEC – KWG Resources of Montreal has taken delivery of a new resource estimate for the Big Daddy chromite deposit near McFaulds Lake. The report was prepared by Sibley Basin Group based on 13,459 metres of core drilling completed in...

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

INDUSTRIAL MINERALS: Canadian zeolite could be answer to Japanese radiation

VANCOUVER – Canadian Mining Company (CMC) has received a request from the Japanese trade commissioner requesting samples of clinoptilolite zeolite from the company’s deposits near Princeton, BC.

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

Barkerville climbs 50% on 10.6-million-oz. resource

VANCOUVER — Barkerville Gold Mines' share price has climbed more than 50% since the company put out a 10.6-million-oz gold resource estimate for its Cow Mountain deposit, but questions remain as to the accuracy of the estimate.

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

GOLD-COPPER MINING: Production begins at New Afton mine, mill

BRITISH COLUMBIA – New Gold of Vancouver says production at its New Afton gold-copper mine and mill has begun, with the first ore fed to the mill on June 28, 2012. The mill is running continually, and the company expects commercial...

Canadian Mining Journal Staff | July 3, 2012 | 5:00 pm

FEED STUDY: Fortune releases highlights of study for NICO project

LONDON, Ontario – Fortune Minerals has released the highlights of the front end engineering and design study for its Nico gold-cobalt-bismuth-copper mine and mill near Yellowknife, YT, and a hydrometallurgical refinery, the Saskatchewan...

Canadian Mining Journal Staff | July 3, 2012 | 4:59 pm

MINERAL PROCESSING: Gold milling resumes at Rice Lake complex

MANITOBA – Milling operations resumed on July 1, 2012, at Winnipeg-based San Gold Corp.’s Rice Lake mining complex. Mineral processing was suspended in early June after the ball mill pinion unexpectedly failed. Mining...

Canadian Mining Journal Staff | July 3, 2012 | 4:58 pm

MINING PEOPLE IN THE NEWS: Canadian Electrolytic Zinc, Eriez, Manitou Gold, PC Gold, and Seabridge Gold

The new president and CEO of Canadian Electrolytic Zinc in Valleyfield, QC, is Eva Carissimi. She was previously VP of operations. Former CEO Manuel Alvarez Davila has stepped down.

Canadian Mining Journal Staff | July 3, 2012 | 4:57 pm

McEwen doubles resource at Los Azules

Indicated resources have more than doubled to 4.6 billion pounds of lb at McEwen Mining’s Los Azules project in Argentina, while inferred resources have jumped 4% to 10.8 billion lb of copper.

Canadian Mining Journal Staff | July 3, 2012 | 4:56 pm

CANADA DAY: Teck celebrates with donation to Trans Canada Trail

VANCOUVER – To celebrate our country’s 145th birthday, Teck Resources has made a $1-million donation to complete a section of the Trans Canada Trail connecting communities in the Kootenays. Teck's investment will help support...

Canadian Mining Journal Staff | June 28, 2012 | 5:01 pm

FINANCING: Loan puts Appalaches’ Dufferin mine closer to reopening

NOVA SCOTIA –The Global Resource Fund of Renvest Mercantile Bancorp has agreed to loan Ressources Appalaches of Rimouski, QC, US$8.5 million for capital expenditures associated with reopening the Dufferin gold mine near Port Dufferin. The...

Canadian Mining Journal Staff | June 28, 2012 | 5:00 pm

GOLD MINING: Kirkland Lake raises $50M for expansion

ONTARIO – Kirkland Lake Gold, headquartered in the town of the same name, is raising $50 million with which to expand its gold mining operations. The underwriters, led by Dundee Securities, have agreed to purchse 50,000 convertible...

Canadian Mining Journal Staff | June 28, 2012 | 4:59 pm

COPPER-GOLD EXPLORATION: Massey mine drilling tests IP anomalies

ONTARIO – Mag Copper of Toronto has been drilling at the old Massey copper-gold mine 60 km west of Sudbury to test a series of parallel induced polarization anomalies at depth and along strike of the old mine workings. The assays are...

Canadian Mining Journal Staff | June 28, 2012 | 4:58 pm

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