Goldcorp Buys Kaminak for its Coffee Gold Project

Goldcorp and Kaminak Gold announced a deal in May, in which Goldcorp will acquire all of the outstanding shares of Kaminak in an all-share transaction valued at approximately C$520 million. Closing of the transaction is expected to occur no later than August 15.

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Canadian Zinc Updates Prairie Creek PFS

Canadian Zinc Corp. has reported the results an updated prefeasibility (PFS) study of redevelopment of its 100% owned Prairie Creek lead, zinc, silver underground mine approximately 500 km west of Yellowknife in Canada’s Northwest Territories. The study is based on optimization work completed over the past three years, including the results of a 2015 underground exploration program that increased total measured and indicated resources by 32%.

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Wheeler River Uranium PEA Forecasts 16-year Mine Life

Denison Mines has reported the results of a preliminary economic assessment (PEA) of its 60% owned Wheeler River uranium project on the eastern edge of the Athabasca basin in northern Saskatchewan. The project is a joint venture between Denison (60%), Cameco (30%), and JCU (Canada) Exploration (10%).

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AuRico Advancing Kemess Underground Mine Project

AuRico Metals has reported the results of an updated feasibility study for the Kemess underground project at its 100% owned Kemess property in north-central British Columbia. The study contemplates development of a low-cost, panel-caving operation with a 12-year mine life.

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