The openpit mine at Oyu Tolgoi, in Mongolia, produced significantly less copper and gold during the three months ended September, but Vancouver-headquartered Turquoise Hill reported on Tuesday that the quarter was a strong one from a production and saf…
Oyu Tolgoi third-quarter production down, but 2019 gold target increased Read More »
CSE-listed exploration and development junior International Mining Corp (IMC) has entered into a nonbinding letter of intent to buy the mining and exploration permits of TSX- and Aim-listed Orosur Mining in Uruguay for $1-million in cash.
IMC has 45 d…
IMC interested in buying Orosur’s Uruguay assets Read More »
Emerging miner Monarch Gold, which owns projects in the Abitibi mining camp of Quebec, is continuing discussions with potential mining and financial partners for its Wasamac, Croinor Gold and Beufor gold projects.
CEO Jean-Marc Lacoste said on Monday …
Quebec gold projects attracting ‘considerable’ interest – Monarch CEO Read More »
Canadian miner Hudbay has reported a third-quarter net loss of $274.8-million, reflecting an after-tax impairment loss of $242.1-million on the carrying value of its stalled Rosemont copper project, in the US.
The US District Court has blocked the com…
Hudbay takes $242m Rosemont impairment hit Read More »
London-listed Sirius Minerals has unveiled a new development plan for its fertiliser mine project, in North Yorkshire, sending the UK project developer’s share price surging.
The initial phase of one-million tonnes a year will require an investor or d…
Sirius reveals revised plan for UK fertiliser mine Read More »
Vancouver-headquartered developer Lundin Gold is about to transition to a producer, with the Fruta del Norte project, in Ecuador, set to deliver its first gold before the end of this year.
The company has reaffirmed its production goal for the current…
Lundin Gold about to transition from developer to producer Read More »
TSX-listed Argonaut Gold produced 44 712 gold-equivalent ounces (GEOs) in the third quarter, which is a 31% improvement on the prior-year period’s 34 165 GEOs, but the company said on Thursday that it was tracking towards the lower-end of its 2019 prod…
Argonaut tracking towards lower end of 2019 guidance Read More »
Exploration company Solaris Copper, which was spun out of Equinox Gold last year, has assembled a new executive team with the appointment of a new CEO, CFO and VP for corporate affairs, as it expands its exploration activities and prepares for a public…
Equinox spin-out Solaris Copper appoints executive team Read More »
Toronto-listed Asanko Gold has reported a net loss of $147.5-million in the third quarter of 2019, after recognising an impairment charge of $128.3-million on its equity investment in its joint venture (JV) mine with South African-headquartered Gold Fi…
Asanko sinks to quarterly loss on impairment charge Read More »
Operations at the Boungou mine site in the Est region of Burkina Faso have been suspended, following this week’s deadly attack on a convoy transporting mine employees, contractors and suppliers, Canadian miner Semafo has reported.
Company president an…
Semafo suspends operations, Perenti confirms number of AMS deaths Read More »
