DIAMOND
STUDY: Positive feasibility
study for Stornoway's Renard
project
QUEBEC - The
results of the feasibility
study for the Renard diamond
project in the north central
part of the province are
positive, according to owner
Stornoway Diamond Corp. of
Vancouver. The probable
reserve is 18 million ct in
23 million...
Nov 16, 2011
5:00PM
MOLYBDENUM
EXPLORATION: Long, strong
intersections at former
Kitsault mine
BRITISH
COLUMBIA - Avanti Mining of
Vancouver is hitting long
and strong intersections at
the former Kitsault
molybdenum mine north of
Prince Rupert. The best hole
returned 0.378% Mo over 85.4
metres. The company is
drilling south of Patsy...
Nov 16, 2011
4:59PM
ABORIGINAL
AGREEMENT: IBA signed for
DSO iron ore mine
LABRADOR - An
impact benefit agreement has
been signed by the Innu
Nation of Labrador and Tata
Steel Minerals Canada (TSMC)
covering the direct shipping
iron ore project near
Schefferville. TSMC is a
joint venture of
Calgary-based New...
Nov 16, 2011
4:59PM
MINING PEOPLE
IN THE NEWS: Dumas, Midlands
Minerals, Nevsun, and
NovaGold
Dumas
Contracting of Toronto has
hired Burger Greeff as CEO
beginning in 2012. He holds
degrees in engineering from
the University of
Stellenbosch. Daniel Dumas,
the founder and current CEO
of Dumas, will remain on the
board of directors.
Nov 16, 2011
4:58PM
SOFTWARE:
Advanced 3-D groundwater
modeling
KITCHENER,
Ontario - Build better, more
accurate groundwater models
in less time and with less
effort. Now from
Schlumberger Water Services
comes new software - Visual
MODFLOW Flex - a new,
powerful modeling system
that provides integrated
3-D...
Nov 16, 2011
4:57PM
Mining sector
to invest $67.7 billion in
Alberta
Canada's
mining industry will invest
as much as $140 billion in
this country over the next
five years, and almost 50%
of it will be in Alberta.
The province will grow
thanks to 12 mining projects
proposed for development by
2016 with combined...
Nov 15, 2011
5:00PM
GOLD
RESOURCE: Spanish Mountain
estimate increases in all
categories
BRITISH
COLUMBIA - Vancouver-based
Spanish Mountain Gold has
updated the resource numbers
at its Spanish Mountain gold
project 70 km northeast of
Williams Lake. The update
shows large increases over
the previous estimate on
which the...
Nov 15, 2011
4:59PM
GOLD
EXPLORATION: Santoy Gap
returns 19.1 g/t at Seabee
mine
SASKATCHEWAN
- Claude Resources of
Saskatoon has intercepted
the widest mineralization -
20.48 metres assaying 19.10
g/t Au - to date across the
Santoy Gap at its Seabee
gold mine near La Ronge. The
results continue to
significantly expand the...
Nov 15, 2011
4:58PM
GOLD-COPPER
DEVELOPMENT: Prosperity
project remains contentious,
Taseko goes to court
BRITISH
COLUMBIA - The Prosperity
gold-copper project 125 km
southwest of Williams Lake
continues to be a source of
friction between owner
Taseko Mines of Vancouver
and the local Tsilhqot'in
Nation. Taseko filed
documents in court on
Monday,...
Nov 15, 2011
4:57PM
GOLD
DEVELOPMENT: Éléonore
project granted construction
permit
QUEBEC - The
Quebec Minister of
Sustainable Development,
Environment and Parks has
issued a certificate of
authorization for the
construction of the Éléonore
gold project belonging to
Goldcorp of Vancouver. The
project is located...
Nov 14, 2011
5:00PM
MERGER:
Cameco ups Hathor offer to
$4.50/share, all cash
SASKATOON -
Cameco Corp. has raised its
offer for Hathor Exploration
to $4.50 per Hathor share,
8.4% above the $4.15/share
offer made by Rio Tinto last
October and 20% above
Cameco's initial bid of
$3.75/share in August 2011.
The most recent...
Nov 14, 2011
4:59PM
GOLD
DEVELOPMENT: Conway
completes two holding ponds
at Belleterre mine
QUEBEC -
Conway Resources of Quebec
City has finished installing
the geomembranes in two
holding ponds at the former
Belleterre gold mine 2 km
northeast of the village of
the same name. The ponds
will hold mine water as the
underground workings...
Nov 14, 2011
4:58PM
GOLD STUDY:
Gowest releases PEA for
Frankfield East deposit
ONTARIO -
Toronto-based Gowest Gold
has released a promising
preliminary economic
assessment for the
Frankfield East gold deposit
42 km northeast of Timmins.
The study confirms a pre-tax
net cash flow of US$265
million and a 3.3 year
payback...
Nov 14, 2011
4:57PM
TICKETS ON
SALE: Canadian Mining Hall
of Fame dinner, Jan. 12
TORONTO -
Tickets for the 24th annual
Canadian Mining Hall of Fame
dinner and induction
ceremony are on sale. The
2012 inductees are Ned
Goodman, Phillip G. Hallof,
John A. Hansuld, Robert
Hunter and Robert Dickinson.
The master of ceremonies...
Nov 10, 2011
5:00PM
PERSPECTIVE:
Keeping CSR front and centre
One downside
to the new discipline of
corporate social
responsibility (CSR) is that
the term remains to be
clearly defined. As the
definition changes, so must
mining companies adapt their
efforts to meeting an
ever-changing goal.
Nov 10, 2011
4:59PM
GOLD STUDY:
Rainy River PEA anticipates
329,000 oz/y at $553/oz
ONTARIO -
Toronto-based Rainy River
Resources' preliminary
economic assessment (PEA) of
its property 50 km
horthwest of Fort Frances is
positive. The study outlines
a new open pit and
underground producer that
would have life-of-mine...
Nov 10, 2011
4:58PM
COAL
EXPLORATION: Coalspur signs
deal with CN for transport
to west
coast
ALBERTA - Coalspur Mines of
Perth, Australia, has been
quietly advancing the Vista
coal project near Hinton.
Now that it has reached the
advanced exploration stage,
Coalspur has signed a
memorandum of understanding
with Canadian National...
Nov 10, 2011
4:57PM
ENVIRONMENTAL
AWARD: Genivar wins for
cleanup of Xstrata's Gaspe
site
QUEBEC -
The winner of the
prestigious 2011Schreyer
Award, presented at the
Canadian Consulting
Engineering awards, is
consulting engineering firm
Genivar of Montreal. The
firm won for its role in
decommissioning the former
Gaspe...
Nov 10, 2011
4:56PM
ZINC-LEAD
EXPLORATION: CanZinc cuts
Prairie Creek host structure
in step-out drilling
NORTHWEST
TERRITORIES - The 2011 deep
drilling program at the
Prairie Creek zinc-lead mine
has intersected what the
owner, Canadian Zinc Corp.
of Vancouver, says is the
Prairie Creek host
structure. Vein-type
zinc-lead-silver
mineralization was...
Nov 9, 2011
5:00PM
GOLD
RESOURCE: Update doubles
Goliath numbers
ONTARIO -
Treasury Metals of Toronto
has updated the resource
estimate for its Goliath
gold project 20 km east of
Dryden and says gold and
gold equivalent contained in
the indicated resource is
810,000 oz of gold and gold
equivalent, more than...
Nov 9, 2011
4:59PM
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