Canadian Mining Journal : Headline News

Osisko drills multiple high grade zones at Key Anacon

The Key Anacon project includes two known Bathurst type volcanogenic massive sulphide deposits – Main and Titan. They occur in the same stratigraphic horizon that hosted both the Brunswick No.12 and No.6 zinc-lead deposits.

British Columbia Ajax copper-gold mine rejected on doorstep

Kamloops city council has voted to oppose the proposed Ajax mine — again.

Fort McMurray lost oil sands production could reach $1.4 billion

Analysts say lost oilsands production from the Fort McMurray wildfire could top 30 million barrels and cost the industry upwards of $1.4-billion.

Maritime, Rambler ink deal to re-examine Hammerdown mine

Maritime Resources Corp. of Vancouver and Rambler Metals & Mining of Baie Verte, Newfoundland, have agreed to re-examine the former Hammerdown gold mine that lies in Maritime's Green Bay property near Springdale.

Diamond development: Gahcho Kué partners advance $31.3 million

Joint venture partners Mountain Province Diamonds (49%) of Toronto and De Beers Canada (51%), also based in Toronto, are spending $31.3 million over the next year at their Gahcho Kué diamond project near Kennady Lake in preparation for development.

Inmet finances Cobre Panama under majority ownership

Toronto-based major Inmet Mining has opted to retain its majority interest in the world-class Cobre Panama copper-gold project through development financing, as the company announced a hybrid plan that would see it shoulder the bulk of a US$6.2 billion capital expenditure (capex) requirement aimed at putting the project into production by 2016.

Chinese steel giant invests heavily in Quebec iron ore property

Toronto to Shanghai is a long haul, even in the age of intercontinental air travel, and Allen Palmiere can attest to that because he’s made the 23-hour trip more than 20 times since taking over Adriana Resources Inc. of Toronto in June 2009.

McGarry mine inches toward production

Armistice Resources of Toronto continues to make solid progress towards bringing the McGarry gold mine back into production near Kirkland Lake. The company says also that development and exploration work both underground at McGarry and on surface at the former Kerr-Addison gold mine is progressing as planned.

Yellowhead expands Harper Creek estimate

Vancouver-based Yellowhead Mining has updated the 43-101 estimate for its Harper Creek copper project north of Kamloops.

MINERAL PROCESSING: Simpler flowsheet increases economics for NICO plant

Fortune Minerals of London, ON, says the results of a mini-pilot plant test conducted on ore from its NICO gold-cobalt-bismuth-copper project near Mazenod Lake, NT, point toward a simplified flowsheet and improved economics.

San Gold, Timmins Gold set quarterly production records

Two of Canada's smaller gold miners, San Gold of Winnipeg and Timmins Gold of Vancouver, have reached record levels of gold ounces produced during the last quarter of 2011.

Asbestos mining: Canadian mines suspended

For the first time in 130 years, no one is mining asbestos in Canada. Mining is suspended at both producers.

Liberty Mines to restart Timmins operations

Liberty Mines of Toronto plans to restart production at its Timmins operations in Q1 2012. Mining and milling was suspended in February 2011 due to maintenance and tailings pond issues.

EIS for Jansen potash project gets okay

The Saskatchewan Ministry of Environment has approved the environmental impact statement (EIS) filed by BHP Billiton for the Jansen potash project near Lanigan. The EIS was submitted for technical review and public comment in December 2010.