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BHP Billiton Reviewing Its Diamonds Business, Sells Chidliak Interest |
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Friday, 20 January 2012 13:19 |
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BHP Billiton announced on November 30, 2011, that it was reviewing its diamonds business, comprising its interests in the Ekati diamond mine and the Chidliak exploration project in Canada.
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Goldcorp Gets Government Clearance for Éléonore Construction |
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Tuesday, 10 January 2012 11:21 |
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Goldcorp announced in mid-November 2011 that the Quebec Minister of Sustainable Development, Environment and Parks issued a certificate of authorization allowing full construction of Goldcorp’s Éléonore gold project in the James Bay region of northern Quebec.
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Royal Nickel Advancing Dumont Project |
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Tuesday, 10 January 2012 11:20 |
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Royal Nickel is advancing its Dumont nickel project in western Quebec, about 60 km northeast of Rouyn-Noranda, based on the results of a positive prefeasibility study that demonstrates a robust project with a large, world-class resource and excellent project economics. The prefeasibility study was completed by Ausenco Ltd. and is based on staged project development, with initial production of 50,000 mt/d of ore and 29,000 mt/y of nickel in concentrates at an initial capital expenditure of $1.1 billion.
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Western Potash Receives Robust PFS for Milestone |
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Tuesday, 10 January 2012 11:18 |
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Western Potash has received an independent positive prefeasibility study from AMEC Americas for its 100%-owned Milestone potash solution mining project 30 km southeast of Regina in southern Saskatchewan.
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Cameco Signs Agreement for Milling of Cigar Lake Ore |
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Wednesday, 23 November 2011 11:20 |
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Cameco signed a non-binding memorandum of understanding in early October 2011 with its joint venture partners to mill all ore from its Cigar Lake project, currently under development in northern Saskatchewan, at the McClean Lake mill. The Cigar Lake project is 50%-owned and operated by Cameco. Its joint venture partners are Areva Resources Canada (37%), Idemitsu Resources Canada (8%) and Tepco Resources (5%). The McClean Lake mill is owned by the McClean Lake joint venture, which is owned by Areva (70%), Denison Mines (22.5%) and OURD (Canada) (7.5%) and is operated by Areva.
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Donlin Gold Receives Updated Feasibility Study |
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Friday, 20 January 2012 13:17 |
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Donlin Gold LLC, which is owned equally by subsidiaries of NovaGold and Barrick, has received an updated feasibility study for its Donlin gold project in southwestern Alaska. The study was completed by AMEC Americas and revises a feasibility study completed in April 2009, with updated mineral reserves and resources, and updated capital and operating cost estimates. NovaGold announced the study results.
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Rio Tinto Prevails in Bidding for Hathor |
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Tuesday, 10 January 2012 11:20 |
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From late August through mid-November 2011, Rio Tinto and Cameco engaged in competitive bidding for Hathor Exploration, a Canadian uranium exploration company with uranium properties in the Athabasca Basin of northern Saskatchewan.
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Gaspé Decommissioning Project Wins Top Engineering Award |
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Tuesday, 10 January 2012 11:19 |
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Xstrata Copper Canada reports that consulting engineering firm Genivar won the prestigious 2011 Schreyer Award at this year’s Canadian Consulting Engineering Awards for its role in the decommissioning of the company’s former Gaspé copper mining and smelting site at Murdochville, Quebec. On awarding Genivar the recognition, the jury stated that the rehabilitation of the 50-year old Gaspé site had “set a benchmark for future mine decommissioning projects.”
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Molycorp Accelerating Planned Expansion Startup |
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Wednesday, 23 November 2011 11:22 |
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Molycorp announced plans October 20 to accelerate by approximately three months the initial start-up of its state-of-the-art rare earth processing facility, now under construction at Mountain Pass, California. The plant is part of the company’s two-phase Phoenix project, which is designed to lift its production of rare earth oxide equivalent first to 19,050 mt/y (Phase 1) and then to 40,000 mt/y (Phase 2). Phase 1 of the expansion had been planned to start up in late 2012.
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Agnico-Eagle Suspends Operations at Goldex |
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Wednesday, 23 November 2011 11:18 |
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Agnico-Eagle announced October 19 it had suspended mining operations at its Goldex mine in Val d’Or, Québec. The decision followed apparent failure of weak volcanic rock in the hanging wall of the Goldex deposit, followed by groundwater flow into the mine. The rock failure was thought to extend from the top of the deposit to the surface. The company estimated that the mill would continue to process feed from the remaining surface stockpile until the end of October.
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