Canadian Mining Journal Staff, Author at Canadian Mining Journal

ZINC-COPPER MINING: HudBay outlines production, spending plans for 2011

TORONTO - HudBay Minerals is looking forward to next year with optimism and plans to produce between 70,000 and 90,000 tonnes of zinc plus 40,000 and 55,000 tonnes of copper. Reduced production at Trout Lake will be offset by a full year of...

Canadian Mining Journal Staff | December 13, 2010 | 5:00 pm

MERGER: Franco-Nevada, Gold Wheaton deal provides opportunity for Quadra FNX

TORONTO and VANCOUVER - Franco-Nevada Corp. and Gold Wheaton have agreed to a friendly business combination that will have Franco-Nevada paying approximately $830 million for the Vancouver company. Franco-Nevada is offering $5.20 per share,...

Canadian Mining Journal Staff | December 13, 2010 | 5:00 pm

MINING PEOPLE IN THE NEWS: Barrick, Capstone, Cliffs, Donner, Kaminak, NovaGold and San Gold

Toronto-based Barrick Gold has named Alistair Baker VP corporate development on an interim basis to replace senior VP corporate development Darren Blasutti who is leaving the company on Jan. 7, 2011, to pursue other opportunities.

Canadian Mining Journal Staff | December 9, 2010 | 5:00 pm

BENEFIT AGREEMENT: Barkerville, Lhtako Dene ink Bonanza Ledge pact

BRITISH COLUMBIA - Barkerville Gold Mines of Vancouver and the Lhtako Dene Nation (Red Bluff Indian Band) of Quesnel, BC. Have signed a project agreement covering Barkerville's Bonanza Ledge gold property in the Cariboo Mining District.

Canadian Mining Journal Staff | December 9, 2010 | 5:00 pm

GOLD MINING: Operations resume at Holt mine

ONTARIO - Operations resumed Dec. 8 at St Andrew Goldfields' Holt gold mine near Timmins following repairs to the shaft. A "significant" shaft incident occurred on Nov. 26 while a piece of equipment was being lowered. Shaft timbers were damaged...

Canadian Mining Journal Staff | December 9, 2010 | 5:00 pm

FINANCING: Breakwater’s $30-M offering grows to $40-M overnight

TORONTO - Less than a day after announcing a $30-milllion bought deal, Breakwater Resources said it had increased the offering to $40 million. There is also an overallotment that, if fully exercised, will bring the total to $44.1 million. The...

Canadian Mining Journal Staff | December 9, 2010 | 5:00 pm

CAPITAL SPENDING: OMA outlines plans worth $8.5-B in Ontario

New mines and mine expansions are reinforcing the mineral sector's role in the foundation of Ontario's economy. Ontario's economy is going through the pains of transformation as it moves from a manufacturing base to a service and knowledge...

Canadian Mining Journal Staff | December 9, 2010 | 5:00 pm

BUILDING: SNC-Lavalin to build, operate accommodations for oil sands workers

ALBERTA - SNC-Lavalin of Montreal has been awarded a contract to design, build, operate and maintain a workforce lodge for oil sands workers in Fort McMurray, AB.