Company unearthed three of the 15 diamonds over 100 carats it found in 2018 in Q4, but carat recovery dropped by 17% to 29,523 ct in the period.
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The Russian gold producer has received a 15-year mining permit for its Lefa mine.
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The Centre for Excellence in Mining Innovation and the Universidad Nacional del Centro del Peru signed a MOU on February 6.
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The main zone contains indicated resources totaling 10.8 million tonnes grading 1.22 g/t gold for 423,000 oz. of gold.
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Funds from all operations were approximately C$2.0 billion in Q4 2018, compared to C$3.0 billion for the same quarter a year earlier.
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US govt shutdown means we don’t know how hedge funds are positioning themselves, but everyone else seems to be piling into gold.
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Highlights from the latest resource extension drill program include 11 metres grading 43.65 grams gold.
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Analysts believe the price surge lines up with the market halting up to 40 million metric tonnes of Vale’s iron ore production.
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Iron ore prices reach almost two-year high Read More »
Total mineral resource was upgraded to 21.2 million tonnes at 1.83g/t gold for 1.25 million ounces, up 75% from December 2017.
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Calidus shares soar after upping Warrawoona gold resources by 75% Read More »
The Nipissing Yellow Diamond was found sometime during the development of the silver mines at Cobalt between 1903 and 1905.
The post RJK to look for the source of the Nipissing Yellow Diamond in Ontario appeared first on MINING.com.
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