FRANCE – Mining equipment manufacturer Aramine has announced that the Aramine T1601M mine truck is leaving its lineup as Deutz, the engine maker, will stop producing this truck component next year. However, Aramine is launching one last production of t…
TRUCKS: Aramine to wind down production of T1601M trucks Read More »
MEXICO – Inomin Mines has announced an agreement to acquire Gunpoint Exploration’s La Gitana and Pena Blanca gold-silver properties, located about 100 km east of Oaxaca City in Mexico. Under the agreement, Inomin will acquire a 100% interest in t…
GOLD-SILVER: Inomin Mines acquires La Gitana and Pena Blanca Read More »
Barrick Gold (TSX: ABX; NYSE: GOLD), the world’s second-largest bullion miner, said today that Canadian junior Skeena Resources (TSX-V: SKE) has decided to exercise an option to acquire a 100% interest in the past-producing Eskay Creek property. Discov…
Barrick, Skeena reach deal on Eskay Creek Read More »
CHILE – The country’s economic development agency, CORFO, announced that it will provide approximately US$324,000 to help finance the Hydra project, advanced by low-carbon energy company Engie and research organization Mining3. The project aims …
ENERGY: Chilean government backs renewable hydrogen project for mining vehicles Read More »
TORONTO – Mexican-focused producer Torex Gold released its second quarter financial results and updated production guidance for the year: with 59,508 oz. generated in the quarter, the company now expects to produce 390,000 oz. to 420,000 oz. of gold th…
GOLD: Torex produces 59,508 oz. in Q2, updates 2020 guidance Read More »
FINLAND – Newly formed Metso Outotec announced that it has closed the acquisition of Davies Wear Plate Systems, an Australia-based fastener and wear monitoring technology provider, which extends the company’s wear lining portfolio and capabilities. The…
MINERAL PROCESSING: Metso Outotec acquires Davies Wear Plate Systems Read More »
YUKON – Victoria Gold made a US$10-million early unscheduled repayment of interest and principal towards its US$100 million senior secured credit facility. The facility was fully drawn as of the end of March and the company made its first, US$7.1-milli…
GOLD: Victoria repays US$10M of secured credit facility Read More »
This week’s episode features a wide-ranging interview with Teck Resources president and CEO Don Lindsay at the Canadian Mining Symposium on June 17, 2020. Northern Miner editor-in-chief Trish Saywell asks Don how he started in mining, how the company v…
Vizsla Resources (TSXV: VZLA) has closed a bought deal private placement for 16 million units of the company at a price of $1.87 per unit for gross proceeds of $30 million and includes the exercise in full of the underwriters’ over-allotment…
The…
Eric Sprott takes $10M stake in Vizsla Resources Read More »
BRITISH COLUMBIA – Giga Metals announced that, together with Greg Dipple of the University of British Columbia, the company is working towards developing the world’s first carbon-neutral mine. The mine in question is the Turnagain project in Brit…
NICKEL: Giga Metals wants to develop world’s first carbon-neutral mine Read More »
