FINANCE: First Quantum secures better terms
TORONTO – First Quantum Minerals completed a new term loan and revolving credit facility last week with its core bankers. The new […]
Marilyn Scales
Posts by Marilyn Scales:
Cementation sinks deepest shaft in the US
Mining contractor Cementation has sunk the deepest mine shaft in the United States. The record setting #4 shaft at Hecla Mining’s (NYSE: HL) Lucky Friday […]
URANIUM: Wheeler River grades grow as Denison receives assays
SASKATCHEWAN – Denison Mines Corp. of Toronto says final assays results from this winter’s drilling at the Wheeler River uranium project are […]
VANADIUM: Largo witnesses big increase in Maracas reserves, updates mine plan
BRAZIL – Toronto-based Largo Resources says the tonnage of reserves have jumped 40% at its Maracas Menchen vanadium mine in Bahia. Proven […]
AWARD: Anaconda’s Dustin Angelo recognized among Top 50 CEOs in Atlantic Canada
NEW BRUNSWICK – On May 12, 2016, Atlantic Business Magazine announced that Dustin Angelo, CEO of Anaconda Mining Inc. was named one of Atlantic […]
MINING PEOPLE: Americas Silver, Gold Ridge Exploration, New Millennium Iron, and Premier Gold
Toronto-based Americas Silver Corp. has named Alex Davidson as chairman of the company. He was responsible for Barrick Gold’s international exploration programs […]
CanAlaska’s diamond play attracts $20M option from De Beers
VANCOUVER — Prospect generator CanAlaska Uranium (TSXV: CVV; US-OTC: CVVUF) is not commonly associated with diamonds, but on May 18 it announced a $20.4-million option […]
OUTLOOK: Canadian Mining Eye points toward surging sector in Q1
TORONTO – EY‘s Canadian Mining Eye index gained 26% during Q1 2016, significantly outperforming the S&P/TSX composite index and the London Metal […]
GOLD-COPPER: Sulliden updates resources at Troilus project
QUEBEC – Toronto-based Sulliden Mining Capital has released a new resource estimate for the former Troilus gold mine in the Abitibi region. […]
GOLD-SILVER: Continental Gold closes $28+M bought deal
COLOMBIA – Continental Gold of Toronto has closed a $28.75-million bought deal including the over-allotment. Net proceeds of the offering will be […]
ENVIRONMENT: BacTech to remediate tailings in Bolivia
TORONTO – BacTech Environmental Corporation announced that its 98% owned Bolivian subsidiary Empresa Minera Ambiental BacTech, has signed an association contract with Corporación […]
Gahcho Kué shifts the future of De Beers Canada
With the Gahcho Kué diamond mine more than 90% complete, De Beers Canada and 49% joint venture partner Mountain Province Diamonds’ (TSX: MPV; NASDAQ: MDM), […]
Case study: Waterproofing high-temperature water flows in mining operations
In this study, the mine was in the process of tunnel excavation. Initially, the mining advanced under dry conditions. However, as the […]