Canadian Mining Journal Staff

GOLD MILLING: Jolu mill starts up at La Ronge mine

SASKATCHEWAN - The refurbished Jolu mill at the La Ronge gold project belonging to Golden Band Resources of Saskatoon has started up. It is processing high grade stockpiled material from the Roy Lloyd mine (Bingo deposit). The mill is now...

Canadian Mining Journal Staff | December 23, 2010 | 5:00 pm

PERSPECTIVE: Copper to be hottest metal in 2011

Analysts are predicting the copper will be the hottest metal in 2011. And why not? The metal hit an all-time high of over US$4.27 per pound the week of Dec. 30, 2010. The rising copper price correlates positively with a healthy global...

Canadian Mining Journal Staff | December 23, 2010 | 5:00 pm

ENVIRONMENTAL CHARGES: Suncor fined $200,000 for incidents in 2008

ALBERTA - Suncor Energy of Calgary pleaded guilty on Dec. 21, 2010, to two violations of the Canadian Fisheries Act for the deposit of a deleterious substance into waters frequented by fish and was fined $200,000. The penalty includes a...

Canadian Mining Journal Staff | December 22, 2010 | 5:00 pm

BENEFIT AGREEMENT: Detour Gold, Wahgoshig ink deal for Detour Lake project

ONTARIO  - Detour Gold Corp. of Toronto and Wahgoshig First Nation (WFN) have signed an impact benefit agreement with respect to the development and operation of the company's Detour Lake gold mine about 180 km northeast of Cochrane. Both...

Canadian Mining Journal Staff | December 22, 2010 | 5:00 pm

COPPER-GOLD DEVELOPMENT: Western Copper raises $23-M for Casino and Carmacks projects

YUKON - Western Copper of Vancouver has closed a bought deal financing and over-allotment worth $23 million with which to advance its Casino and Carmacks projects. Each unit (priced at $2.45) consisted of one common share and one-half of one...

Canadian Mining Journal Staff | December 22, 2010 | 5:00 pm

CORPORATE GIVING: Noront brings Santa and hockey stars to First Nation community

Ontario Mining Association member Noront Resources employed a little magic to fly in Santa bearing gifts and two former National Hockey League stars to Webequie last week. Webequie, which has no year round road connections and a population of...

Canadian Mining Journal Staff | December 22, 2010 | 5:00 pm

SEASONS GREETINGS

As the new year approaches and we say good-bye to an eventful 2010, the staff of Canadian Mining Journal would like to thank all our readers for their support and suggestions. Please accept our sincere wishes for a prosperous and happy 2011.

Canadian Mining Journal Staff | December 22, 2010 | 5:00 pm

SURVEY: Gold prices and output to go higher in 2011, PwC

TORONTO - Despite the current strength in the price of gold, mining companies in Canada and globally are predicting high gold prices to continue throughout 2011, according to PricewaterhouseCoopers' 2010 Global Gold Price Survey Report released...

Canadian Mining Journal Staff | December 21, 2010 | 5:00 pm

GOLD EXPLORATION: Bulk sampling begins at Rubicon’s Phoenix project

ONTARIO - Vancouver-based Rubicon Minerals has begun bulk sampling of the F2 gold system at its Phoenix project near Red Lake. The area from which the sample is being taken lies approximately 300 metres below surface and was defined by 18 drill...

Canadian Mining Journal Staff | December 21, 2010 | 5:00 pm

PERSPECTIVE: UN Global Compact initiative defines CSR

This morning I learned that Finland's Outotec Oyj has signed the United Nations Global Compact initiative and has committed to its principles of human rights, environment, labour fairness and anti-corruption. That one of the world's leading...

Canadian Mining Journal Staff | December 21, 2010 | 5:00 pm

MOLYBDENUM STUDY: Robust economics projected for restart of Kitsault mine

BRITISH COLUMBIA - Avanti Mining of Vancouver is projecting "robust economics" for its reopened Kitsault molybdenum mine, based on the results of a recent feasibility study prepared by AMEC. The property has an estimated measured and indicated...

Canadian Mining Journal Staff | December 20, 2010 | 5:00 pm

LITHIUM STUDY: Outlook positive for Quebec project, production in 2013

QUEBEC - Canada Lithium Corp. of Toronto said the feasibility study is positive for its Quebec lithium project near Val d'Or. The company anticipates that construction will start in mid-2011 and full production in 2013, subject to financing and...

Canadian Mining Journal Staff | December 20, 2010 | 5:00 pm

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