Canadian Mining Journal Staff

ACQUISITION: NSK to buy stake in Chinese bearing maker

TOKYO – NSK Ltd. announced that it has decided to acquire a 10% stake in Gongzhuling Bearing Co. headquartered in Jilin Province, China. NSK has agreed to purchase new shares issued by Gongzhuling through a third party allotment scheduled...

Canadian Mining Journal Staff | May 3, 2012 | 3:14 pm

Bolero jumps on graphite trend

VANCOUVER — Proving there is still healthy demand for new graphite plays, new entrant Bolero Resources' share price nearly doubled after announcing it had secured some prospective graphite claims in northern Ontario.

Canadian Mining Journal Staff | May 3, 2012 | 3:09 pm

Labrador’s iron ore goes global

The world-class Labrador Trough iron mining district has long been a bastion of stability in the often uncertain world of mining.

Canadian Mining Journal Staff | May 3, 2012 | 9:12 am

AWARDS: NAP receives safety, exploration honours

TORONTO – North American Palladium has been honoured twice, for both its outstanding safety performance as well as its exploration achievements.

Canadian Mining Journal Staff | May 2, 2012 | 5:00 pm

CONCENTRATE SALE: BCGold inks deal for Engineer gold output

BRITISH COLUMBIA – BCGold Corp. of Vancouver has arranged to sell the gravity concentrate recovered during bulk sampling at its Engineer gold mine near Atlin to a new Jersey-based precious metals merchant. About 800 kg of material is...

Canadian Mining Journal Staff | May 2, 2012 | 4:59 pm

MINING PEOPLE IN THE NEWS: Cardero, Goldgroup, Gorman-Rupp and Ivanhoe Mines

Vancouver’s Cardero Resource Corp. has named Angus Christie its COO, effective June 1, 2012. He will be responsible for advancement of the company’s Carbon Creek coal property in the Peace River district of British Columbia.

Canadian Mining Journal Staff | May 2, 2012 | 4:58 pm

SOFTWARE: New version of GEMS boasts first block model conversion engine

VANCOUVER – Gemcom Software International has released a new version of its GEMS™ software with the world’s first block model conversion engine. The powerful new patent pending feature of GEMS 6.4 creates a new level of data...

Canadian Mining Journal Staff | May 2, 2012 | 4:57 pm

Foran jumps into action in Saskatchewan

FLIN FLON, Manitoba — Foran Mining is gaining steam at its flagship McIlvenna Bay volcanogenic massive sulphide (VMS) project in east-central Saskatchewan, west of Flin Flon, MB.

Canadian Mining Journal Staff | May 2, 2012 | 4:56 pm

GOLD MINING: Young-Davidson pours first dor bar

ONTARIO – AuRico Gold of Toronto is ramping up to commercial production at the Young-Davidson gold mine near Kirkland Lake following the first gold pour at the end of April 2012. Commercial production is expected to be declared early in...

Canadian Mining Journal Staff | May 1, 2012 | 5:00 pm

MINERAL PROCESSING: Shear recovers diamonds from Jericho concentrate stockpiles

NUNAVUT – Toronto-based Shear Diamonds has begun processing high grade concentrate stockpiles at its Jericho diamond mine and reports the recovery of 3,500 ct from 358 tonnes of material in the first 10 days of processing.

Canadian Mining Journal Staff | May 1, 2012 | 4:59 pm

PGM-GOLD RESOURCE: Pacific North West reports on River Valley project

ONTARIO – Pacific North West Capital of Vancouver has released new resource numbers for its River Valley PGM-gold property 60 km east of Sudbury.

Canadian Mining Journal Staff | May 1, 2012 | 4:58 pm

UNDERGROUND AQUACULTURE: How many fish per tonne?

Ontario Mining Association member Vale, after a successful pilot project, will soon be producing fish near its underground greenhouse at the Creighton mine in Sudbury. When they resurface, the subterranean grown fish will be released for...

Canadian Mining Journal Staff | May 1, 2012 | 4:57 pm

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