OTTAWA – Canada’s national association for miners, the Mining Association of Canada (MAC), is weighing in on the federal government’s decision to review Teck Resources‘ proposed Castle Mountain metallurgical coal project in B.C., sayi…
TORONTO – Mountain Province Diamonds‘ biggest shareholder is once again providing a lifeline to the diamond miner, which has been starved of revenue since the coronavirus pandemic began in March. After closing a $50-million alternative diamond sa…
DIAMONDS: Mountain Province looks to biggest shareholder for revenue, refinancing Read More »
BRITISH COLUMBIA – Pretium Resources‘ Brucejack underground mine, 65 km north of Stewart, produced 90,419 oz. of gold in the second quarter, close to the previous year’s figure of 90,761 oz., in spite of the COVID-19 pandemic. The company, …
GOLD: Pretium posts strong Q2 results Read More »
The Global Tailings Review (GTR) has released the first ever Global Industry Standard on Tailings Management, aimed at strengthening current best practices around tailings dams in the mining sector, with the goal of zero harm to people and the environm…
SUSTAINABILITY: New global tailings standard guidelines aim for zero harm Read More »
SASKATOON – Star Diamond has begun to receive results from Rio Tinto‘s bulk-sampling program at the Star-Orion South project in central Saskatchewan. Rio has so far processed material from four of the 10 trenches excavated last year from the Star…
DIAMONDS: Star reports first results from Rio Tinto bulk sample Read More »
QUEBEC – Joint-venture partners Agnico Eagle Mines and Yamana Gold will begin construction on an underground ramp at their Canadian Malartic open pit mine, 25 km west of Val-d’Or, in August. The Odyssey ramp is expected to take two years…
T…
GOLD: Partners at Canada’s biggest gold mine look to underground potential Read More »
VANCOUVER – Private prospect generator Kenorland Minerals has announced a major discovery next to the past-producing Troilus mine in Quebec and plans to go public via a complete a reverse takeover transaction with Northway Resources. The grassroots dis…
GOLD: Kenorland cuts 29 metres of 8.47 g/t gold in Quebec; plans listing Read More »
VANCOUVER – Mexico-focused Santacruz Silver Mining has signed a deal to acquire the Zimapan property in Hidalgo state from Grupo Penoles for a total of US$20 million, plus US$3.2 million in value added tax. The agreement follows Santacruz’s acqui…
SILVER: SantaCruz Silver picks up Penoles asset in US$20M deal Read More »
As the gold price breaks through US$1,900 per oz., Refinitiv has released its review of the gold sector in the second quarter, providing insight into where the demand is coming from — and where it’s actually falling. The review shows……
GOLD: Pandemic drives prices to record levels in Q2 Read More »
TORONTO – Iamgold and 30% joint-venture partner Sumitomo Metal Mining have decided to move ahead with their Côté gold project in northern Ontario. Construction at the US$1.3 billion, open-pit project is slated to begin in the third quarter, with commer…
GOLD: Iamgold gives Côté the green light Read More »
