Canadian Mining Journal Staff, Author at Canadian Mining Journal

ERNST & YOUNG SURVEY: Mining deals in first half of 2011 double year earlier

VANCOUVER - According to information compiled by Ernst & Young, the value of mining and metals deals involving Canadian companies in the first half of 2011 was double what it was in 1H 2010. Canadians made more acquisitions (196) than...

Canadian Mining Journal Staff | August 31, 2011 | 5:00 pm

GOLD MINING: Osisko ups Cat lease by US$56.3M

QUEBEC - Osisko Mining Corp. of Montreal has boosted its equipment leasing facility with Caterpillar Financial by US$56.3 million. Osisko intends to acquire more units for its open pit mining fleet at the Canadian Malartic gold mine at Malartic...

Canadian Mining Journal Staff | August 31, 2011 | 4:59 pm

GOLD MINING: IamGold completes sale of Mupane mine in Botswana

BOTSWANA - Toronto-based IamGold has sold its Mupane gold mine in eastern Botswana to Galane Gold, a Toronto-traded junior. In return, IamGold received total consideration of $34.2 million consisting of $12.5 million in cash, $17.9 million in...

Canadian Mining Journal Staff | August 31, 2011 | 4:58 pm

MINING PEOPLE IN THE NEWS: Arianne, Fortune Minerals, Premier Gold, Themac Resources, U3O8 Corp.

Jim Cowley is the new president and Dave DeBiasio joins the board of directors at Arianne Resources of Saguenay, QC. Cowley is metallurgical engineer, with an MBA in finance who has served on the Board of the company since January 2011. He is...

Canadian Mining Journal Staff | August 31, 2011 | 4:57 pm

ODDITY: Astronomers discover diamond planet

Interesting news can come from anywhere, even outer space. I read the this item at the Planet Ark website, www.PlanetArc.org. It was prepared by the Thompson Reuters news agency.

Canadian Mining Journal Staff | August 30, 2011 | 5:00 pm

OBITUARY: Byron Knelson

LANGLEY, British Columbia - Byron Knelson founder of Knelson Concentrators (Knelson) has passed away at the age of 80. He succumbed to complications arising from cancer.

Canadian Mining Journal Staff | August 30, 2011 | 4:59 pm

ZINC-LEAD STUDY: PEA available for ScoZinc mine

NOVA SCOTIA - The preliminary economic assessment is positive for reopening the ScoZinc zinc-lead mine near Gays River. Owner Selwyn Resources of Vancouver recently raised $30 million, sufficient to reopen the mine, provide a 15% contingency...

Canadian Mining Journal Staff | August 30, 2011 | 4:58 pm

Fifty-two-year-old slurry pump at alumina plant.

PUMPING: GIW slurry pump going strong after 52 years

GROVETOWN, Georgia - An LSA model slurry pump installed at the Noranda alumina plant in Gramercy, LA, has operated continuously with only routine maintenance for 52 years, according to the proud manufacturer, GIW Industries.

Canadian Mining Journal Staff | August 30, 2011 | 4:57 pm

PERSPECTIVE: A new gold rush – AuRico eyes Northgate

There is a new gold rush among Canadian miners. Toronto's AuRico Gold (formerly Gammon Gold) and Northgate Minerals, also of Toronto, have entered into a definitive agreement to create a new intermediate gold producer.

Canadian Mining Journal Staff | August 29, 2011 | 5:00 pm

MERGER: Cameco makes hostile bid to acquire Hathor Exploration in $520M deal

SASKATOON - Cameco, one of the world's leading uranium producers, has announced its intention to acquire Hathor Exploration of Vancouver. Cameco is making an all-cash offer of $3.75 per Hathor share, a 33% premium over Hathor's 20-day volume...

Canadian Mining Journal Staff | August 29, 2011 | 4:59 pm

MINE OPENING: Ceremony held for Copper Mountain

BRITISH COLUMBIA - On Aug. 18, 2011, Copper Mountain Mining held the official opening ceremony for the Copper Mountain open pit mine, 15 km southwest of Princeton. About 1,700 people attended, enjoying a look at the pit from a special outlook...

Canadian Mining Journal Staff | August 29, 2011 | 4:58 pm

ENVIRONMENTAL: Syncrude chooses Newalta for tailings demonstration project

ALBERTA - Newalta Corp. of Calgary has been awarded a $60-million contract to process mature fine tailings from Syncrude's oil sands operation near Fort McMurray. Under terms of the three-year contract, the two companies will work...

Canadian Mining Journal Staff | August 29, 2011 | 4:57 pm

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