NORTHWEST TERRITORIES – Montreal-based Osisko Metals reports successful results for pre-concentrating test work using material sorters. Two technologies were tested – x-ray transmission sorting and dense media separation. Representative samples were pr…
ZINC-LEAD: Osisko Metals tests pre-concentrating sorters Read More »
QUEBEC – Hecla Mining has mounted an aggressive exploration program at its successful Casa Berardi gold mine 95 km north of La Sarre, in the Abitibi region. High grade extension in the upper East and West mines have been outlined…
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GOLD: Hecla updates drilling at Casa Berardi mine Read More »
MOLINE, Ill. – Hitachi introduced the EX1200-7 excavator, which will provide increased efficiency, reliability and durability for customers. The excavator, which is available in North and South America, is the third machine in Hitachi’s new EX-7 series…
EXCAVATOR: Hitachi releases versatile new EX1200-7 Read More »
FORT McMURRAY, Alta. – The Mikisew Group of Companies (MGOC) is pleased to announce that it has acquired Guthrie Industrial Services and Guthrie Mechanical Services. MGOC and Guthrie have worked together as partners through the Mikisew Guthrie LP (MGL…
MERGER: Mikisew Group acquires Guthrie and service deal with Syncrude Read More »
Eskay Creek in British Columbia’s Golden Triangle was at one time the world’s highest grade gold mine before Barrick Gold (TSX: ABX; NYSE: GOLD) finally shut it down in 2008 due to low gold prices. The underground mine produced 3.3 million oz.…
T…
Skeena envisions high-grade open pit at Eskay Creek Read More »
WASHINGTON, DC – Republican senators led by Lisa Murkowski has introduced bipartisan legislation to secure mineral resources and supply chains, reducing reliance on foreign sources. The new legislation – the American Minerals Security Act – listed lith…
BATTERY MINERALS: US senate introduces new bill to boost domestic supply Read More »
BURKINA FASO – Avesoro Resources has increased the mineral reserves at its Youga gold mine by 23% – extending the mine life of the open pit operation by an additional four years to 2031. The junior, which also produces gold at…
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GOLD: Avesoro boosts reserves at Youga mine Read More »
TORONTO – According to Q1 results, Kirkland Lake Gold is headed for a profitable 2019. The company said its cash position was up 25% to reach $83.9 million (figures in U.S. dollars). Operating cash flow grew 95% to $174.4 million,…
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GOLD: Record earnings, free cash flow for KLGold in Q1 Read More »
TORONTO – Iamgold Corp. sold 190,000 oz. of gold in the quarter ended March 31, 2019, for revenues of $251 million (all figures U.S. dollars), but still recorded a net loss attributable to equity holders of $41.3 million. All-in sustaining…
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GOLD: Iamgold generates Q1 revenue of $250M Read More »
COQUITLAM, B.C. – Canada Cobalt Works has signed a deal for the custom treatment of material from U.S. mines using its proprietary Re-2OX process. A non-binding memorandum of understanding has been signed between Canada Cobalt and Global Energy Metals …
COBALT: Canada Cobalt signs deal for first revenue stream Read More »
