Canadian Mining Journal Staff, Author at Canadian Mining Journal

Goldcorp’s growth profile could eclipse Red Lake fumble

VANCOUVER — Vancouver-based major Goldcorp Inc. stumbled out of the gate to start the year, as adverse-ground conditions and grade variability at its flagship Red Lake gold mine 230 km northwest of Dryden, ON, contributed to an...

Canadian Mining Journal Staff | May 1, 2012 | 4:56 pm

TAKEOVER: IamGold to scoop up Trelawney Mining

TORONTO – After speculation last week that IamGold Corp. was on the acquisition trail, the company has announced its plans to takeover Trelawney Mining and Exploration. For each common share of Trelawney, IamGold will pay $3.30 in...

Canadian Mining Journal Staff | April 30, 2012 | 5:00 pm

ABORIGINAL RELATIONS: Yukon- Nevada signs socio-economic agreement with Kaska First Nations

VANCOUVER – Yukon-Nevada Gold and its wholly owned subsidiary, Ketza River Holdings, have signed a socio-economic participation agreement (SEPA) with five Kaska First Nations located in both Yukon and British Columbia. The agreement was...

Canadian Mining Journal Staff | April 30, 2012 | 4:59 pm

COPPER-GOLD DEVELOPMENT: Goldcorp halts work at El Morro

CHILE – The Supreme Court of Chile has suspended the environmental permit for the El Morro copper-gold development in Chile, forcing all work to stop. The original permit, issued in March 2011, has been suspended until certain...

Canadian Mining Journal Staff | April 30, 2012 | 4:58 pm

MINING PEOPLE IN THE NEWS: Inmet, Minemakers and Rubicon Minerals

Toronto-based Inmet Mining has named Gerald W. Grandey to its board of directors. He is the former CEO of Cameco Corp.

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

Xstrata Coal seeks buyer for Donkin stake

Joining a growing list of mining companies that are reassessing their business strategies and core assets, Xstrata Coal, a subsidiary of diversified miner Xstrata, says it is looking to sell its 75% stake in the Donkin coal project in Atlantic...

Canadian Mining Journal Staff | April 30, 2012 | 4:55 pm

PERSPECTIVE: Canadian C of C wakes up to rare earths

The Canadian Chamber of Commerce is touting rare earth elements as a “rare opportunity” for Canada. In its report, Canada’s Rare Earth Deposits Can Offer a Substantial Competitive Advantage, issued on April 26, the C of C lets...

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

ABORIGINAL AFFAIRS: Agnico-Eagle makes training commitment to Nunavut youth

NUNAVUT – Toronto-based Agnico-Eagle Mines and the Nunavut Department of Education have signed a memorandum of understanding concerning the mining company’s commitment to training the youth of the territory. The aim is to encourage...

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

MINING PEOPLE IN THE NEWS: Crosshair, Eco Oro, Northern Iron, and Wallbridge

Vancouver-based Crosshair Energy Corp. has asked its COO to take on the duties of president and CEO, effective April 30, 2012, as Stewart Wallis is retiring from those roles. Ludwig is a veteran of Hecla Mining. Additionally, Chris Healey is...

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

ACQUISITION: French firm pays $360-M for Gemcom

Velizy-villacoublay, France – Dassault Systemes, that calls itself the world leader in 3-D design, 3-D digital mock up and product lifecycle management solutions, has announced its intention to acquire geological modelling and simulation...

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

Potash remains a hot commodity on the Canadian prairies

VANCOUVER — With world populations marching ever upward, and an updated forecast from the U.S. Department of Agriculture estimating the largest U.S. corn crop in 75 years through 2012, it comes as no surprise that potash exploration and...

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

COPPER DEAL: Inmet closes sale of 20% of Panamanian project

TORONTO – Inmet Mining has closed the deal selling 20% of Minera Panama SA to Korea Panama Mining Corp for US$169 million. KPMC previously made a US$30-million option payment. Together the two amounts represent KPMC’s 20% of...

Canadian Mining Journal Staff | April 25, 2012 | 5:01 pm

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