May 26, 2011 ABB commissions first gearless mill drives project in Canada Commissioning and start-up of Canada’s first gearless mill drive (GMD) system has been completed at Osisko Mining Corp’s Malarctic project and will increase production capacity at the mine. The system…
May 25, 2011 New merged mid-tier gold company aims for 800,000 oz by 2015 Chief operating officer of Alacer Gold Corporation Louw Smith told the Resources and Energy Symposium in the Australian mining city of Broken Hill that there were growth developments at both…
May 24, 2011 Zimbabwe central bank: Sell diamonds to set up gold-backed currency The Israeli Diamond Industry website reports the governor of Zimababwe's central bank is proposing that the country sell its diamonds to fund a gold-backed currency to replace the defunct Zimbabwean…
May 24, 2011 Kirkland Lake Gold sees 56 percent rise in Q4 gold production Canadian gold miner Kirkland Lake Gold Inc said its quarterly gold production rose 56 percent. Quarterly gold production rose to 23,466 ounces, from 14,995 ounces, a year earlier. The Ontario-based…
May 24, 2011 Oil sands poised to become largest source of US crude imports According to testimony before the US Congress concerning the construction of the $7bn Keystone XL pipeline extension from Alberta to Texas, crude produced by Canada’s oil sands, which represent just…
May 23, 2011 Top-three driller Foraco pushes miners for longer contracts TSX-listed drilling services firm Foraco International is looking to sign longer contracts with mining companies, especially the majors, rather than the one-year terms that have been the norm in the…
May 23, 2011 West Africa opens its doors to Fordia Canadian manufacturer Fordia is strengthening its presence on the African continent with the inauguration of its first office in Ghana as a hub to handle its West African operations, covering…
May 20, 2011 ArcelorMittal launches CAN$2.1 billion dollar investment and the creation of 8000 jobs The investment will allow ArcelorMittal Mines Canada to increase its annual production of iron ore concentrate from 14 million tons to 24 million tons by 2013. AMMC is also evaluating…
May 20, 2011 Harry Winston plans to secure additional polished diamond supply in support of its growth objectives Harry Winston Diamond Corporation (TSX:HW) (NYSE:HWD) (the "Company") is pleased to announce that it has entered into a business relationship with Diamond Asset Advisors AG ("DAA") who are in the…
May 20, 2011 Anaconda Mining reports record gold production at Pine Cove: 344.2 troy ounces in a single pour Anaconda Mining Inc. ("Anaconda") - (TSX: ANX) is pleased to announce that, on May 4, 2011, it shipped a record amount of gold, 344.2 troy ounces, in a single pour…
TMX CEO says mining, foreign firms keeping Canada IPO interest strong Toronto Stock Exchange operator TMX’s CEO said the IPO pipeline in Canada remains strong with about 1,600 companies at varying stages to […] February 10, 2026 | 10:11 am