TAKEOVER: Minmetals withdraws Equinox offer
HONG KONG - Minmetals Resources Ltd. (MMR), a subsidiary of China Minmetals, announced today that it is withdrawing its offer to acquire Equinox Minerals.
Canadian Mining Journal Staff
Posts by Canadian Mining Journal Staff:
AWARD: Kirkland Lake Gold wins second safety excellence award in three years
TORONTO - Kirkland Lake Gold has received the 2010 Award of Excellence in Safety for having the lowest year-end total medical injury frequency in its category, underground mines with 250 employees or more. The award was made by Health and...
MINING PEOPLE IN THE NEWS: Kalimantan Gold, MBMI, New Millennium and Teck
Kalimantan Gold Corp. of Vancouver has named Faldi Ismail to the post of deputy chairman and CEO to replace Rahman Connelly.
TEST KIT: Magnetic holding force analyzed
ERIE, Pennsylvania - The pull test kit offered by Eriez will help users monitor the efficiency of magnetic separators by measuring the holding force of a magnet. Magnetic separators are commonly used in minerals processing, coal washing...
WATER TREATMENT: HudBay promises $2-M for plant in Snow Lake
MANITOBA - HudBay Minerals has committed $2 million to the Town of Snow Lake to assist funding the municipality's portion of a new wastewater treatment plant. The total cost of the project is $7 million of which the municipality is...
MERGER-GO-ROUND: Barrick offers $7.3-B for Equinox
Watching a hotly contested takeover unfold is enough to make a person's head spin. The Lundin-Inmet-Equinox-Minmetals-Barrick saga is a case in point. Now the end is near and the deal looks better since Barrick Gold of Toronto has made a...
DIAMOND EXPLOSION: Carbon dioxide goes boom, creates diamond dust
BURLINGTON, Ontario - Making diamond from carbon dioxide (CO2) sounds impossible, but EnviroDiamond Technologies (ETI) has succeeded. Daren Swanson, president of ETI, is having a blast reviewing recent lab results. After banging away for three...
DIAMOND EXPLORATION: Peregrine discovers another kimberlite at Chidliak
NUNAVUT - Vancouver-based Peregrine Diamonds has discovered a new kimberlite at its Chidliak project on Baffin Island. CH-51 (so named because it is the 51st kimberlite discovered) was the first target drilled in 2011.
COPPER MINING: Copper Mountain commissions primary crusher
BRITISH COLUMBIA - Copper Mountain Mining Corp. of Vancouver has commissioned the new primary crusher and overland conveyor at its Copper Mountain project 15 km west of Princeton. Ore has been crushed and is stockpiled until the mill is...
GOLD MINING: La Ronge project reaches commercial production
SASKATCHEWAN - Golden Band Resources of Saskatoon says its La Ronge gold project reached commercial production on April 1, 2011. The Jolu mil processed 9,912 tonnes of ore grading 10.25 g/t Au through April 18, producing over 6,500 oz of gold....
COPPER-GOLD VENTURE: Starfire, Liaoning agree to JV for Porphyry Pearl property
BRITISH COLUMBIA - Vancouver-based Starfire Minerals has signed a joint venture agreement with Liaoning Eden Venture Investments for the exploration and development of Starfire's Porphyry Pearl copper-gold property in the Toodoggone area.
COPPER RESOURCE: Victoria project hosts 3.4-B lb CuEq, production in 2017
ONTARIO - Quadra FNX Mining of Toronto has released 43-101-compliant figures for its Victoria copper deposit near Sudbury. The inferred resource is 12.5 million tonnes grading 2.3% Cu, 2.2% Ni and 8.5 g/t PMs. The contained metal is...
Sudbury-based haulage company starts strategic partnership with Deebar in South Africa
Railveyor – an advanced global haulage company based in Sudbury, Ontario – has appointed Deebar as their official sales representative in South […]