Canadian Mining Journal Staff

GOLD SALE: Former Lupin mine to change hands

NUNAVUT - Elgin Mining of Toronto has entered into a definitive agreement with MMG Resources and Bonito Capital Corp. for the purchase of the former Lupin gold mine on Contwoyto Lake and nearby Ulu gold deposit.

Canadian Mining Journal Staff | May 9, 2011 | 5:00 pm

DIAMOND VALUATION: Mountain Province releases new figures for Gahcho Ku

NORTHWEST TERRITORIES - Mountain Province Diamond of Toronto and New York has released an updated independent valuation of the diamonds recovered from the Gahcho Kué project near Lac de Gras. Mountain Province holds a 49% share in the...

Canadian Mining Journal Staff | May 9, 2011 | 5:00 pm

DIAMOND DEVELOPMENT: BHP Billiton approves pit at Ekati mine

NORTHWEST TERRITORIES - Australian mining powerhouse BHP Billiton has okayed the redevelopment of the Misery open pit at the Ekati diamond mine at Lac de Gras. The current project involves pushing back the limits of the Misery pit that was...

Canadian Mining Journal Staff | May 9, 2011 | 5:00 pm

COPPER GOLD DEVELOPMENT: Mt. Milligan costs rise to $1.2-B

BRITISH COLUMBIA - Thompson Creek Metals of Denver has increased the capital expenditure budget for the Mt. Milligan copper-gold project to $1.27 billion from $915 million. The increase is due, said the company, to design improvement,...

Canadian Mining Journal Staff | May 9, 2011 | 5:00 pm

MINING PEOPLE IN THE NEWS: Fort Chimo, Luna Gold, Pershimco and UEX Corp.

Toronto-based Fort Chimo Minerals has named Mani Verma to the post of president and CEO. He was a founder of Micon International and has worked for several operating companies including Asbestos Corp.

Canadian Mining Journal Staff | May 5, 2011 | 5:00 pm

GOLD MINING: Century to boost Lamaque mining rate

QUEBEC - Century Mining of Blaine, WA, has received permission from the Quebec government to ramp up production at the Lamaque gold mine in Val d'Or to a rate of 2,500 t/d. The mine will be dewatered to 365 metres below surface to provide...

Canadian Mining Journal Staff | May 5, 2011 | 5:00 pm

GOLD EXPLORATION: KLGold drills 14.2 metres of 8+ opt at east ’08 Break zone

ONTARIO - Kirkland Lake Gold, of the town of the same name, reports drilling 279.72 g/t (8.16 opt) Au over a true width of 14.23 metres, a record intersection at the South Mine Complex (SMC). The drill hole targeted the east '08 Break zone at...

Canadian Mining Journal Staff | May 5, 2011 | 5:00 pm

ENVIRONMENTAL: Bitumen skimming to clean up oil sands tailings ponds

WIMBORNE, Alberta - Environment Recovery Equipment (ERE) has partnered with North American Tailings and Environmental, a division of North American Construction Group (NACG), to provide bitumen skimming and recovery services to the Athabasca...

Canadian Mining Journal Staff | May 3, 2011 | 3:00 pm

Up and up with resource numbers

The words "mineral resources" might well be spelled "commodity prices". The mining industry understands that the higher the prices the more material falls within the definition of resources, meaning it has the potential to be economically...

Canadian Mining Journal Staff | May 3, 2011 | 3:00 pm

GOLD EXPLORATION: Bonanza results – near 4 opt – from Garrison project

ONTARIO - With the price of gold reaching record highs almost every day, having a deposit that grades 127.7 g/t (3.73 oz/ton) Au is wonderful thing - even if it was only over 1.0 metres. Northern Gold Mining of Toronto reported just that assay...

Canadian Mining Journal Staff | April 28, 2011 | 6:56 pm

IRON ORE DEVELOPMENT: Rail deal arranged for LIM’s Schefferville project

LABRADOR - Labrador Iron Mines Holdings of Toronto has signed a rail services agreement with Western Labrador Rail Services (WLRS) for the movement of iron ore from the company's Silver Yards processing facility in western Labrador to the main...

Canadian Mining Journal Staff | April 28, 2011 | 6:53 pm

GOLD RESOURCES: Latest numbers for Vezza project and Sleeping Giant mine

QUEBEC - Toronto-based North American Palladium has released new reserve and resources numbers for its Vezza gold project and Sleeping Giant gold mine, and both have increased.

Canadian Mining Journal Staff | April 28, 2011 | 6:51 pm

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