Canadian Mining Journal Staff

AWARD: Jean Robitaille named Mineral Processor of the Year

OTTAWA - Toronto's Agnico-Eagle Mines noted that its senior VP of technical services, Jean Robitaille, won the Mineral Processor of the Year Award at the annual Canadian Mineral Processors (CMP) gala on Jan. 19, 2011. This is the CMP's most...

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

MINERAL PROCESSING: Former Bouchard Hebert mill to move to Makwa nickel project

MANITOBA - Mustang Minerals of Toronto plans to purchase the mill at the former Bouchard Hebert base metal mine near Rouyn-Noranda, QC, and move it to its Makwa (formerly Maskwa) nickel project near Bernic Lake. The $2-million price covers...

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

ACQUISITION: Dumas buys second business in Latin America

TORONTO - Dumas Contracting, a company that has provided contract mining services to many Canadian projects, is growing again with the acquisition of International Specialized Mining Services (ISMS). This follows Dumas' acquisition of Peru's...

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

ACQUISITION: Paladin issues shares for Michelin uranium project

VANCOUVER - Fronteer Gold has sold all the uranium assets of its subsidiary Aurora Energy Resources to Paladin Energy of Perth, Australia. In payment Fronteer will receive 52.1 million common shares of Paladin, making Fronteer at 6.7% the...

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

GOLD RESERVES: Detour Lake number grows to 14.9M oz at $850-gold

ONTARIO - Toronto-based Detour Gold has updated the reserve numbers for its Detour Lake gold project being readied for production in 2013. Using a gold price of US$850/oz, the company estimates that there are 14.9 million oz of gold in proven...

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

MINING PEOPLE IN THE NEWS: Baffinland, Kria and San Gold

Following the successful takeover of Toronto's Baffinland Iron Mines, winning bidders ArcelorMittal and Nunavut Iron Ore Acquisition have announced changes to the board of directors. Effective immediately, Richard D. McCloskey, Grant Edey, John...

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

STOCK SPLIT: PotashCorp goes three-for-one on record Q4 sales

SASKATOON - Potash Corporation of Saskatchewan (PotashCorp) sold a record 2.4 million tonnes of potash in Q4 2010, raising the full-year gross margin to US$1.8 billion and 8.6 million tonnes. Full-year earnings were US$5.95 per share, the...

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

SALE: Inmet sheds 18% interest in Ok Tedi mine

PAPUA NEW GUINEA - Inmet Mining of Toronto has sold its 18% interest in Ok Tedi copper-gold mine in the Star Mountains. Rather than trade its equity interest for a 5% net smelter royalty, Inmet has accepted a payment of US$335 from Ok Tedi...

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

LABOUR CONTRACT: Voisey’s Bay agreement ratified

Vale is pleased to announce that a new five-year collective agreement has been ratified by the United Steelworkers (USW) Local 9508 representing mine and mill operations employees at Voisey's Bay, NL.  The settlement marks the end of the...

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

PUMPS: GIW slurry pump proves to be longest lasting

PERU - GIW Industries of Grovetown, GA, has good news for operators in need of heavy duty centrifugal slurry pumps. The company and its local representative recently installed a 150 LCC 20(XH) cyclone feed pump at a gold mine in a remote region...

Canadian Mining Journal Staff | January 27, 2011 | 5:00 pm

LABOUR: Voisey’s Bay workers, Vale reach tentative deal

NEWFOUNDLAND - Vale SA and United Steelworkers Local 9508 have reached a tentative deal that will end the 18-month strike of workers at the Voisey's Bay nickel mine near Nain. Bill Wells, a mediator appointed by the province aided in reaching...

Canadian Mining Journal Staff | January 27, 2011 | 5:00 pm

NICKEL MINING: Bucko mine restart grows closer

MANITOBA - Crowflight Minerals of Vancouver is making a $30-million private placement, part of which is earmarked for acquiring mining equipment and restarting the Bucko Lake nickel mine in the Thompson nickel belt near Wabowden. Part of the...

Canadian Mining Journal Staff | January 27, 2011 | 5:00 pm

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