Canadian Mining Journal Staff

TUNGSTEN-MOLYBDENUM STUDY: PEA outlines low cost production at Northern Dancer

YUKON - The preliminary economic assessment of the Northern Dancer tungsten-molybdenum project owned by Largo Resources of Toronto outlines the potential for low cost open pit production. The project straddles the Yukon-British Columbia border...

Canadian Mining Journal Staff | February 28, 2011 | 5:00 pm

COPPER RESOURCES: Castle begins building numbers for former Granduc mine

BRITISH COLUMBIA - Castle Resources of Toronto is putting resource numbers on the former Granduc copper mine. At a cutoff of 0.8% Cu, the indicated resource is 3.75 million tonnes grading 1.59% Cu. The inferred portion is 15.8 million tonnes at...

Canadian Mining Journal Staff | February 28, 2011 | 5:00 pm

MERGER REDUX: Equinox tops Inmet offer for Lundin

The friendly merger of Inmet Mining and Lundin Mining has run into a snag, namely an unsolicited takeover offer for Lundin made by Equinox Minerals of Toronto and Australia.

Canadian Mining Journal Staff | February 28, 2011 | 5:00 pm

RARE EARTH RESOURCES: Pele Mountain publishes first numbers for Eco Ridge

ONTARIO - Toronto-based Pele Mountain Resources is the first of many Canadian rare earth exploration companies to assemble 43-101-compliant estimates for its project. The property in question is the Eco Ridge uranium and rare earths project in...

Canadian Mining Journal Staff | February 24, 2011 | 5:00 pm

COPPER-ZINC STUDY: Kutcho PFS outlines $187-M investment for 2,500-t/d operation

BRITISH COLUMBIA - Capstone Mining of Vancouver says the preliminary feasibility study (PFS) for the Kutcho copper-zinc project 120 km east of Dease Lake suggests building a 2,500-t/d mining and milling operation at a cost of $187.3 million....

Canadian Mining Journal Staff | February 24, 2011 | 5:00 pm

MINING PEOPLE IN THE NEWS: Cameco, Golconda and Ryan Gold

Beginning on July 1, 2011, Tim Gitzel will add the responsibilities of CEO to those of president of Saskatoon-based Cameco. Gitzel joined Cameco in 2007 as senior VP and COO and was promoted to president in May 2010. Prior to joining Cameco, he...

Canadian Mining Journal Staff | February 23, 2011 | 5:00 pm

URANIUM STUDY: PEA for Hidden Bay “positive”, says UEX

SASKATCHEWAN - The preliminary economic assessment for the Horseshoe and Raven deposits is done and the results are positive, says UEX Corp. of Vancouver. The deposits form part of the Hidden Bay uranium project on the eastern edge of the...

Canadian Mining Journal Staff | February 23, 2011 | 5:00 pm

ACQUISITION: Denison sets sights on White Canyon Uranium

TORONTO - Denison Mines  has made a friendly takeover offer for White Canyon Uranium of West Perth, Australia. Denison plans to acquire 100% of White Canyon's issued shares for approximately $56.6 million. The directors of White Canyon...

Canadian Mining Journal Staff | February 23, 2011 | 5:00 pm

AWARD: Golder honoured again for sustainable growth in Canada

CALGARY - For the eleventh time, Golder Associates achieved one of Canada's highest accolades for business excellence and sustainable growth, earning the distinction as a 2010 Canada's Best Managed Companies Platinum Club Member. The...

Canadian Mining Journal Staff | February 22, 2011 | 5:00 pm

BASE METAL SALE: Acadian sells Scotia zinc project in Nova Scotia

NOVA SCOTIA - Halifax-based Acadian Mining has agreed to sell its Scotia zinc project in this Maritime province to Selwyn Resources of Vancouver. The property will change hands when Selwyn completes the purchase of Acadian subsidiary ScoZinc.

Canadian Mining Journal Staff | February 22, 2011 | 5:00 pm

GOLD RESOURCES: Brucejack bulk tonnage continues to grow

BRITISH COLUMBIA - Pretium Resources of Vancouver says the bulk tonnage potential of its Brucejack gold property, located 65 km northwest of Stewart, continues to grow. Using a 0.30 g/t AuEq cutoff, the new measured and indicated number is...

Canadian Mining Journal Staff | February 22, 2011 | 5:00 pm

AGREEMENT: Goldcorp, Wemindji sign deal covering lonore project

QUEBEC - Vancouver-based Goldcorp and the Cree Nation of Wemindji have signed a collaboration agreement regarding the development and operation of the company's Éléonore gold project in the James Bay region.

Canadian Mining Journal Staff | February 21, 2011 | 5:00 pm

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