The deadly dam disaster involving Vale will have a profound impact on the world’s largest iron-ore producer, not only in terms of serious reputational risk, but it could strain the company’s liquidity and its ability to meet financial requirements, Moo…
Dam collapse will have profound impact on Vale – Moody’s Read More »
Canada’s largest diversified miner has warned of an after-tax loss of C$86-million, or C$0.15 a share, for the fourth quarter, which is “significantly” below current consensus estimates. The loss warning follows the disappointing fourth-quarter financi…
Teck says Q4 earnings ‘significantly’ short of consensus Read More »
Canada-based Eldorado Gold will resume mining and heap leaching at the Kisladag mine, in Turkey, putting on hold a previously announced mill project.
The decision to resume mining and heap leaching follows improved heap leach recoveries and a revised …
Eldorado opts for heap leaching at Kisladag, shelves milling project Read More »
Russian diamond miner Alrosa has discovered its largest rough diamond in about two-and-a-half years, with the Udachnaya kimberlite pipe earlier this month delivering a 191.46 ct stone. The 40 mm by 31 mm by 20 mm diamond was extracted at the processing…
Alrosa unearths 191ct diamond at Udachny Read More »
TSX-V-listed Calibre Mining has agreed to buy project partner Centerra Gold’s 51% interest in the Siuna gold/silver/copper property in north-eastern Nicaragua, giving it full ownership of the Cerro Aeropuerto gold/silver deposit, the past producing La …
Calibre consolidates Siuna ownership Read More »
The recent merger between Barrick and Randgold will not have a significant impact on the Donlin Gold project that Novagold is developing in a partnership with the gold major in Alaska, leaving the junior essentially in a “win-win position”, president a…
Barrick/Randgold merger a ‘white swan’ event for Donlin – Novagold Read More »
The Beta Hunt mine in Australia is continuing to yield extraordinary gold exploration results, with Canada-based RNC announcing on Tuesday that it had intersected 7 621 g/t of coarse gold.
The high-grade discovery was in one of the first sets of holes…
RNC hits 7 621 g/t gold at Australia’s Beta Hunt Read More »
Canadian intermediate gold miner Detour Gold expects to produce between 570 000 oz and 605 000 oz of gold in 2019, the company announced on Tuesday, stating that the guidance was in line with the Detour Lake operation’s life of mine (LoM) plan released…
Detour’s 2019 production guidance builds on 2018’s momentum Read More »
Diamond drilling has started at the Rouyn property, which mid-tier miner Iamgold is funding through an option agreement with explorer Yorbeau Resources.
The companies in December signed a definitive agreement, whereby Iamgold has the option to acquire…
Drills turning at Yorbeau/Iamgold project Read More »
Diamond drilling has started at the Rouyn property, which mid-tier miner Iamgold is funding through an option agreement with explorer Yorbeau Resources.
The companies in December signed a definitive agreement, whereby Iamgold has the option to acquire…
Drills turning at Yorbeau/Iamgold project Read More »
