Canadian Mining Journal Staff, Author at Canadian Mining Journal

PERSPECTIVE: Oppenheimers sell remaining interest in De Beers to Anglo American

After a century in South Africa and creating a dynasty synonymous with diamonds, the Oppenheimers are selling their 40% interest in De Beers. Anglo American of London, U.K., has offered US$5.1 billion in cash. Anglo will then hold 85% of a...

Canadian Mining Journal Staff | November 7, 2011 | 5:00 pm

GOLD RESOURCE: Hammond Reef hosts over 10 million oz

ONTARIO - Osisko Mining Corp. of Montreal says its 100% owned Hammond Reef project near Atikokan contains perhaps 10.52 million oz of gold. It is early days for the project, so resources are in the inferred category: 530.6 million tonnes...

Canadian Mining Journal Staff | November 7, 2011 | 4:59 pm

URANIUM RESOURCE: Uracan files 43-101 for Double S zone

QUEBEC - Vancouver-based Uracan Resources has filed an upgraded 43-101 report for the Double S zone at its North Shore uranium property 60 km east of the deep-water port at Havre St. Pierre. The zone has an indicated resource of 21.5 million...

Canadian Mining Journal Staff | November 7, 2011 | 4:58 pm

TANTALUM-NIOBIUM STUDY: Promising PEA delivered for Upper Fir deposit

BRITISH COLUMBIA - Commerce Resources of Vancouver says the results of the preliminary economic assessment for its Upper Fir tantalum-niobium deposit are positive. The property is located near the village of Blue River, approximately 250 km...

Canadian Mining Journal Staff | November 3, 2011 | 5:00 pm

GOLD EXPLORATION: High grades, new discovery enhance Upper Beaver

ONTARIO - The latest diamond drill holes from the Upper Beaver property in Kirkland Lake continue to return high grade gold results, says owenr Queenston Mining of Toronto, and a new, near-surface gold zone (the Q zone) has been found.

Canadian Mining Journal Staff | November 3, 2011 | 4:59 pm

COPPER RESOURCE: Foran shares new numbers from McIlvenna Bay

SASKATCHEWAN - Foran Mining of Vancouver has received a new copper resource numbers for its McIlvenna Bay volcanogenic massive sulphide (VMS) project 60 km west of Flin Flon. The Copper Stockwork zone (CSZ), the target of this estimate, is...

Canadian Mining Journal Staff | November 3, 2011 | 4:58 pm

GOLD RESOURCE: Grades higher than expected at Windfall Lake

QUEBEC - Vancouver's Eagle Hill Exploration says the grades of the first resource estimate for its Windfall Lake property in the Abitibi Greenstone Belt are even higher than anticipated. The first independent 43-101 report cites an indicted...

Canadian Mining Journal Staff | November 3, 2011 | 4:57 pm

ZINC-COPPER MINE: Nyrstar celebrates acquisition of Langlois mine

QUEBEC - The world's largest zinc metal producer, Nyrstar of Zurich, Switzerland, is celebrating its acquisition of the Langlois zinc-copper mine 50 km from Lebel-sur-Quevillon by hosting a welcome event. Nyrstar acquired the property when it...

Canadian Mining Journal Staff | November 2, 2011 | 5:00 pm

GOLD EXPLORATION: Drilling at Newman Todd yields high grades

ONTARIO - Drilling at the Newman Todd property in the Red Lake Gold Camp has returned results as high as 343.0 g/t Au over 0.6 metres, reports Confederation Minerals of Toronto. Confederation can earn up to a 70% interest in the property owned...

Canadian Mining Journal Staff | November 2, 2011 | 4:59 pm

NEWSLETTER: Law experts “Unearthed” legal matters

TORONTO - Norton Rose, one of this country's leading practitioners of international business law has released the latest edition of its newsletter, "Unearthed." It is among the most clearly written and practical sources for mining executives...

Canadian Mining Journal Staff | November 2, 2011 | 4:58 pm

INVESTING: Mint makes gold ownership easy with ETRs

OTTAWA - The Royal Canadian Mint is getting into the gold investment business with its initial public offering of exchange traded receipts (ETR) under its new Canadian Gold Reserves program. Each ETR is proof of ownership of physical gold...

Canadian Mining Journal Staff | November 1, 2011 | 5:00 pm

COPPER STUDY: Little Deer PEA outlines $110-M project

NEWFOUNDLAND - The preliminary economic assessment for the Little Deer copper project 10 km north of Springdale is complete, and it foresees a viable new copper producer. The project is a 50:50 joint venture of Cornerstone Capital Resources of...

Canadian Mining Journal Staff | November 1, 2011 | 4:59 pm

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