Junior Mining News

Kibali gold mine aims record output after underground ramp-up

By Cecilia Jamasmie Africa-focused gold producer Randgold Resources (LON:RSS) said Wednesday that production at its Kibali mine, in the Democratic Republic of Congo, was rising steadily on the back of the optimization of its automated underground operation. The company, which has five operating gold mines across west and central Africa, said Kibali was on track

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ATAC Announces Gold and Silver Results at Rosy Gold Property

By Nicole Rashotte ATAC Resources Ltd. (TSXV:ATC) announced a maiden mineral resource estimate for its Osiris project at the Rackla gold property, Yukon. The Osiris project is 100 percent-owned by ATAC. Highlights are as follows: Inferred Mineral Resource of 1,685,000 ounces gold at an average grade of 4.23 grams per tonne, including a pit-constrained mineral

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Great Panther Silver to Announce Second Quarter Financial Results on August 1, 2018

By Anwesha Sengupta Great Panther Silver (TSX:GPR) (“Great Panther”; the “Company”) has scheduled the release of its second quarter 2018 financial results for Wednesday, August 1, 2018 after market close. A conference call and webcast will be held on Thursday, August 2, 2018 at 11:00 a.m. Eastern Time (8:00 a.m. Pacific Time) to discuss the

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Gold Resource Corporation Declares July Monthly Dividend

By Anwesha Sengupta Gold Resource Corporation (NYSE:GORO) (the “Company”) declares its monthly instituted dividend of 1/6 of a cent per common share for July 2018 payable on August 23, 2018 to shareholders of record as of August 13, 2018. Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in Oaxaca,

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SilverCrest Announce Further Phase III Drill Results at Las Chispas Property

By Nicole Rashotte SilverCrest Metals Inc. (TSXV:SIL) announced further Phase III drill results for the Las Chispas Property located in Sonora, Mexico. Highlights are as follows: 2.2 Metres Grading 7,436 grams per tonne gold equivalent 2.1 Metres Grading 1,286 grams per tonne gold equivalent 1.4 Metres Grading 6,695 grams per tonne gold equivalent As quoted

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Equinox Gold Begins Stockpiling of Ore at Aurizona Gold Mine

By Nicole Rashotte Equinox Gold Corp. (TSXV:EQX, OTC:EQXGF) provided an update on construction progress at its Aurizona gold mine in Brazil. Construction remains on budget and on schedule to pour gold by late 2018 with the expectation of producing on average 136,000 ounces of gold per year. Highlights are as follows: Stockpiling of ore commenced

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Antofagasta copper output up in Q2 despite Los Pelambres pipeline issue

By Cecilia Jamasmie Chilean miner Antofagasta Plc. (LON:ANTO) said Wednesday that copper production in the second-quarter of the year jumped 6.1% to 163,200 tonnes, while costs fell by 7.5% to $1.85 per pound. The company, majority-owned by Chile’s Luksic family, one of the country’s wealthiest, said it expected the higher-output/lower-cost trend to continue for the

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