Canadian Mining Journal Staff

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

FUND RAISING: San Gold bags almost $25-M for Rice Lake work

MANITOBA - San Gold Corp. of Bissett, MB, has raised more than $24.9 million in a private placement that was oversubscribed. The company originally planned to issue 5.4 million flow-through shares at $3.75 each, but the agents sold an...

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

NICKEL SMELTING: Vale shuts down No.2 furnace

ONTARIO - On Feb. 18, Vale, the Brazilian owner of what used to be Inco, announced the closing on its No.2 flash furnace at the Copper Cliff smelter near Sudbury for at least 16 weeks. Earlier in the month there was a spill of molten metal...

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

GOLD RESOURCES: Pit resources at Amisk project top 1-M oz

SASKATCHEWAN - Claude Resources of Saskatoon says there may be over 1.0 million oz of gold in the Amisk project 20 km southwest of Flin Flon, MB. The property, hosting the former Monarch mine and other gold occurrences, is owned 65% by Claude...

Canadian Mining Journal Staff | February 17, 2011 | 5:00 pm

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