TSX- and NYSE-listed Pretium Resources has initiated a search for a new director to replace executive chairperson and founding shareholder Robert Quartermain, who will be retiring on December 31.
The company, which owns the Brucejack mine, in British …
Pretium pays down debt on strong first-quarter, chair to retire by year-end Read More »
TSX- and NYSE-listed Alamos Gold has had a solid start to 2019, with strong performances at its four North America mines, including a record quarter at the Island Gold mine, in northern Ontario. The company produced 125 300 oz of gold at a cash cost of…
Alamos reports solid start to 2019 Read More »
Precious metals miner Yamana Gold is considering several expansion opportunities at its mines, including a $100-million expansion in Brazil that will add about 80 000 oz/y to its production.
With more financial flexibility following the $1-billion sal…
Yamana Gold eyes $100m expansion in Brazil Read More »
Intermediate gold producer New Gold has shut down the mill at its Rainy River mine to manage excess water that has built up as a result of a rapid spring melt and large snow pack in northern Ontario, but the temporary shutdown is not expected to impact…
New Gold shuts Rainy River mill to manage water buildup Read More »
San Francisco-based investment advisory firm SailingStone Capital Partners has informed TSX- and NYSE-listed Turquoise Hill that it intends to vote against the independent directors of the company at the yearly meeting on May 14, citing concerns about …
SailingStone to vote against Turquoise Hill independent directors Read More »
Canada-based Ivanhoe Mines will fast-track production at its southern African projects, after Chinese shareholder Citic Metal invested another C$612-million, pushing the company’s cash position to C$1.3-billion – about double what it needs to finance i…
Ivanhoe to fast-track southern Africa mines as Citic invests another C$612m Read More »
Canada-based Ivanhoe Mines will fast-track production at its southern African projects, after Chinese shareholder Citic Metal invested another C$612-million, pushing the company’s cash position to C$1.3-billion – about double what it needs to finance i…
Ivanhoe to fast-track Southern Africa mines as Citic invests another C$612m Read More »
The Karowe mine, in Botswana, has produced the world’s second-largest uncut diamond, Canadian company Lucara Diamond Corp announced on Thursday, sending the miner’s share price up 11% to C$1.68 a share.
At 1 758 ct, the diamond is second in size only …
Lucara unearths 1 758 ct diamond in Botswana Read More »
The two gold development projects that US-based miner Newmont Goldcorp has earmarked up to $150-million for this year, are nearing completion and will reach commercial production before the end of 2019.
The Ahafo mill expansion, in Ghana, and the Quec…
Two Newmont development projects nearing completion Read More »
Base metals miner Hudbay will put forward 10, rather than 11 directors, to be elected at the upcoming special meeting, after Waterton Global Resource Management nominee Michael Anglin withdrew from the slate of nominees that the dissident shareholder p…
Waterton nominee withdraws as Hudbay director nominee Read More »
