Canadian Mining Journal Staff

DIAMOND DEVELOPMENT: Shear updates Jericho operation

NUNAVUT – Shear Diamonds of Toronto delivered the first parcel of diamonds from its Jericho diamond project to its marketing partner, Tache Company NV, on May 29, 2012. The parcel contained 11,317.98 ct. Tache has made an interim payment...

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

GOLD MINING: McGarry ore processed at McAlpine mill

ONTARIO – Toronto’s Armistice Resources has begun regular ore shipments from its McGarry gold mine 40 km east of Kirkland Lake to the McAlpine mill at Cobalt. The ore is being processed under the terms of a custom milling contract...

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

COPPER MINING: Quebrada Blanca expansion costs to top US5.5B

CHILE – Vancouver-based Teck Resources, 76.5% owner of the Quebrada Blanca copper-molybdenum  mine 165 km southeast of Iquique in Region I, has filed the latest 43-101 technical report for a project to build a concentrator at the...

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

CORPORATE SOCIAL RESPONSIBILITY: SNC-Lavalin ranked among best corporate citizens in Canada

MONTREAL - SNC-Lavalin has been ranked 11th among the Best 50 Corporate Citizens in Canada by Corporate Knights.

Canadian Mining Journal Staff | June 11, 2012 | 4:56 pm

Time is ripe for miners to push cash out to shareholders

Investors are hardly in the mood for risk.

Canadian Mining Journal Staff | June 11, 2012 | 4:55 pm

Coal is big business in B.C.

Coal is the second most important resource exported from British Columbia next to wood products. But ask someone in the province how well the forestry industry is doing and you’re likely to be faced with an icy stare. Coal is big business...

Canadian Mining Journal Staff | June 11, 2012 | 4:16 pm

CORPORATE SOCIAL RESPONSIBILITY: Obligations in Canada and abroad

Wherever in the world Canadian mining companies go in in the hunt for minerals and their recovery, they take with them a keen sense of corporate social responsibility. That is a relatively new term for what we used to call a company’s...

Canadian Mining Journal Staff | June 7, 2012 | 4:59 pm

FINANCING: Dia Bras, Mawson, Robex and Woulfe secure tens of millions of dollars

Mining industry investors are still offering cash, perhaps at a slower pace than the industry would like, to advanced projects around the world. Here are four financings that add up to roughly $145 million.

Canadian Mining Journal Staff | June 7, 2012 | 4:58 pm

MINING PEOPLE IN THE NEWS: Barrick Gold

Toronto-based Barrick Gold announced a shakeup of its top management on June 6, 2012. Executive VP and CFO Jamie Sokalsky has been named president and CEO, replacing Aaron Regent. Sokalsky also took Regent’s seat on the board of...

Canadian Mining Journal Staff | June 7, 2012 | 4:57 pm

Barrick slides on management changes

Barrick Gold took a mild beating after it named a new chief executive in a move to bolster its share price, leaving some analysts wondering if turbulent waters lie ahead for the miner.

Canadian Mining Journal Staff | June 7, 2012 | 4:56 pm

GLOBAL TREND: Mining racks up record profits in 2011, market cap down 25% says PwC report

Despite record profits of US$133 billion in 2011, market capitalization of the Top 40 global mining companies fell by 25%, according to the latest PwC report, Mine 2012:The growingdisconnect. In fact, only six companies out of the Top 40 global...

Canadian Mining Journal Staff | June 6, 2012 | 5:00 pm

GOLD STUDY: Hosco deposit hosts 1.66M oz at Joanna project

QUEBEC – Aurizon Mines of Vancouver has received a positive feasibility study confirming the Hosco deposit at the Joanna project 20 km east of Rouyn-Noranda hosts 1.66 million oz of gold. The study was prepare by BBA Inc. with...

Canadian Mining Journal Staff | June 6, 2012 | 4:59 pm

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