Gold miner Iamgold on Tuesday announced a construction decision for the $1.3-billion Côté gold project, in Ontario, Canada, creating more than 1 000 jobs during its construction.
The project, near Gogama, south-west of Timmins, is a 70:30 joint ventur…
Iamgold proceeds with $1.3bn Ontario JV gold mine Read More »
Canadian gold mining firm Yamana Gold has unveiled plans to list its shares on the LSE main market in the next months, widening its shareholder base to include European investors.
The company, which is currently listed on the TSX, says it aims to beco…
Canadian gold miner Yamana pursues London listing Read More »
The world’s second largest gold miner, Barrick, says it remains open to negotiations with Papua New Guinea to reopen the Porgera mine, but stresses that negotiations have to be in good faith and without preconditions.
Prime Minister James Marape has s…
Barrick JV to PNG’s Marapa: The solution sits right in front of us Read More »
While proxy adviser ISS has backed the election of Matthew Halbower as a director of Toronto-listed Turquoise Hill, Glass Lewis is supporting the copper and gold miner in its rejection of the Pentwater Capital Management nominee to its board.
Pentwate…
Proxy adviser Glass Lewis backs Turquoise Hill in Halbower rejection Read More »
The suspension of the Holt Complex, in Ontario, will continue for the foreseeable future and owner Kirkland Lake has said that it will offer severance packages to employees that it could not reassign within the organisation.
Of the total workforce of …
Kirkland Lake extends Holt suspension, offers severance packages Read More »
Canadian gold major Barrick will reduce power to the communities around Porgera, which currently receive free electricity from the mine, citing necessary cost reductions as the mine has been placed on care and maintenance amid a dispute with the Papua …
Barrick cuts power to Porgera communities Read More »
Amid uncertain times for the diamond industry, Canada’s Lucara Diamond Corp has managed to seal a supply agreement with a group in Antwerp, Belgium, that will secure regular cash flow, using a unique pricing mechanism.
Under the agreement, the company…
Lucara hopes to make diamond supply chain more efficient Read More »
The Lobo-Marte project, in Chile, offers a potential cornerstone asset with an attractive cost profile for Canadian miner Kinross Gold.
The company on Wednesday published the results of a prefeasibility study for Lobo-Marte, which is 50 km from its La…
Kinross PFS puts $995m price tag on Chile project Read More »
Toronto-listed Alamos Gold is proceeding with an expansion of its Island Gold mine, in Ontario, Canada, which will significantly increase output, lower costs and turn it even more profitable.
Alamos points out that Island Gold was already one of the m…
Alamos announces shaft expansion at Ontario’s Island Gold mine Read More »
The final environmental impact statement (EIS) for the Pebble copper/gold project, in Alaska, will be published in the federal register next week, Pebble Partnership CEO Tom Collier said on Wednesday.
The US Army Corp of Engineers (USACE) previously t…
Final Pebble EIS expected next week Read More »
