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Industry News
Mining
Mining
New Gold advances Rainy River project
Vancouver-based New Gold released its feasibility study for its Rainy River gold project near Fort Frances in northwestern Ontario. The company is projecting 325,000 ounces of annual gold production during the first nine years of operation.
Jan 21, 2014 3:09 PM
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Northern College to deliver welding training in Nunavut
Northern College ’s Apprenticeship, Community and Corporate Training (ACCT) division has partnered with the Hamlet of Arviat, Nunavut, to develop and deliver a welding trade readiness program in Arviat.
Jan 21, 2014 2:26 PM
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Gold junior wants government settlement after First Nation conflict
A Sudbury -based junior mining company isn't ruling out a settlement agreement with the province to relinquish its claims on its dormant gold properties in northwestern Ontario after a dispute with a First Nation community.
Jan 21, 2014 2:10 PM
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Canadian Mining Hall of Fame inducts four
One of the discoverers of the Elliot Lake uranium deposits was inducted into the Canadian Mining Hall of Fame, Jan. 17 in Toronto. Consulting geologist David S.
Jan 21, 2014 2:00 PM
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Gowest signs MOU with United Commodity
A memorandum of understanding (MOU) signed between Gowest Gold Ltd. and United Commodity (UC) could lead the way for concentrate from Gowest’s Bradshaw gold deposit refined at United Commodity's processing facility in Cobalt.
Jan 20, 2014 9:12 PM
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Osisko rejects Goldcorp takeover bid
Osisko has rejected the $2.6-billion hostile takeover bid made by Goldcorp on Jan. 13.
Jan 20, 2014 7:27 PM
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Temex to file resource estimate
Temex Resources Corp. , a junior gold miner exploring in the Timmins-Kirkland Lake camps, will file an NI 43-101 resource estimate for its Juby gold project. The company announced initial results for Juby’s Hydro Creek and Big Dome zones on Jan. 17.
Jan 17, 2014 9:20 PM
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First Nickel makes 2013 targets, predicts growth
First Nickel hit its 2013 production targets at its Lockerby Mine in Sudbury and is predicting growth for 2014. In 2013, the company achieved full production at its Lockerby Mine, shipping 242,000 tonnes of ore to Glencore .
Jan 17, 2014 3:32 PM
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North American Palladium in fundraising mode
North American Palladium announced a public offering of securities to bring in between $50 million and $75 million. The owners of the Lac des Iles Mine, near Thunder Bay, say it’s a two-tranche offering.
Jan 15, 2014 6:20 PM
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Goldcorp plans takeover of Osisko
Goldcorp is planning a $2.6-billion acquisition of Osisko Mining Corp. , which has gold properties in the Thunder Bay and Kirkland Lake areas. The company announced its intentions on Jan. 13.
Jan 14, 2014 2:44 PM
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