RED LAKE – Drilling at Pure Gold’s Madsen project in Ontario has intersected gold mineralization between the 8 and Russet South zones and identified two shoots below the Wedge zone. A drill hole testing the gap between the 8 zone…
The post GOLD: …
GOLD: Pure Gold expands two zones at Madsen Read More »
QUEBEC – Latest guidance for Iamgold’s Westwood underground mine suggests production of 100,000 oz. to 125,000 oz. of gold a year over the next three to four years; in line with levels achieved over the past eight quarters. All-in sustaining…
The…
GOLD: Iamgold plans ramp-up for Westwood Read More »
VANCOUVER – Lundin Gold has announced the first export of gold concentrate and doré from Ecuador with the first shipment of 180 tonnes of concentrate departing the port on December 8th. “Our first shipment to Boliden’s smelting facility in Harjavalta,&…
GOLD: Lundin Gold exports first gold concentrate and doré from Ecuador Read More »
FINLAND – Sandvik has introduced a new transmission for its flagship trucks Sandvik TH663i and Sandvik TH551i. The new size-class transmission is a result of extensive product development work done by Sandvik and the transmission supplier to meet the c…
HAULAGE: New transmission for Sandvik’s flagship trucks Read More »
MAURITANIA – Kinross Gold has announced that it has signed a loan agreement for up to US$300 million with the International Finance Corporation (a member of the World Bank group), Export Development Canada with the additional participation of ING Bank&…
GOLD: Kinross signs debt financing for Tasiast Read More »
The governments of Ontario, Saskatchewan and New Brunswick have signed a Memorandum of Understanding (MOU) committing their provinces to the development and deployment of a new type of nuclear technology, known as small modular reactors (SMRs). The dec…
Ontario, Saskatchewan and New Brunswick to develop modular nuclear technology Read More »
QUEBEC – Monarch Gold completed the sale of its Simkar property in Quebec to O3 Mining for $140,000 in cash and 435,000 common shares of O3’s share capital and 435,000 warrants. In a press release, the companies explained that each…
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GOLD: Monarch completes sale of Simkar project to O3 Mining Read More »
QUEBEC –Bulk sample processing results from Osisko Mining’s Windfall Lake project came in ahead of company expectations with average head grades of 17.8 g/t gold exceeding the 9.4 g/t predicted by infill drilling. “The significant grade increase from t…
GOLD: Positive reconciliation for Osisko’s Windfall bulk sample Read More »
Defiance Silver has announced the resignation of Randy Smallwood from its board of directors; he is joining the company’s advisory board and will remain on its technical committee. Energy metals explorer Forum Energy Metals appointed Paul Dennison to i…
FINLAND – Outotec has been awarded a contract for the delivery of two grinding mills to a zinc concentrator plant in Mexico. The contract price is not disclosed, but deliveries with similar scope are typically worth approximately €20 million. The……
MILLS: Outotec received grinding mill order from Mexico Read More »
