ONTARIO – Greenstone Gold Mines – a 50:50 joint venture of Centerra Gold and Premier Gold Mines – has received approval from the provincial environment ministry for development of the Hardrock gold mine 2 km south of Geraldton. Federal approval…
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GOLD: Greenstone’s Hardrock project given environmental okay Read More »
CHILE – State owned copper producer Codelco announced yesterday that it was cancelling a US$260-million contract with Montreal-based SNC-Lavalin Group. The contract covered building two new acid plants at the Chuquicamata project 1,650 km north of San…
COPPER: Codelco unexpectedly cancels US$260M contract with SNC-Lavalin Read More »
Since the Prospectors and Developers Association of Canada conference wrapped up in early March, Monarch Gold (TSX: MQR; US-OTC: MRQRF) has fielded calls from three mining companies about possible joint-ventures to further explore its Croinor gold proj…
Monarch Gold targets multiple projects in Quebec Read More »
COLOMBIA – Continental Gold has announced a discrete resource estimate for the Broad mineralized zone 1 (BMZ1) in the central-west portion of the Yaragua system at its Buritica gold project in Antioquia. The zone contains 828,870 measured and indicated…
GOLD-SILVER: Continental tables resource for Buritica’s BMZ1 Read More »
KYRGYZ REPUBLIC – Kyrgyz gold producer Chaarat and Turkish mining and mine construction contractor Çiftay İnsaat Tahhüt ve Ticaret signed a binding term sheet on March 18 to enter into a joint venture with the idea of collaborating on the…
The po…
GOLD: Kyrgyz and Turkish miners join forces to develop gold projects in Central Asia Read More »
ARIZONA – Toronto’s Hudbay Minerals has reached an agreement with United Copper and Moly to buy out UCM’s 7.95% interest in the Rosemont copper project 50 km southeast of Tucson. The purchase includes termination of all UCM’s remaining earn-in and̷…
COPPER: Hudbay buys out Rosemont partner for US$75M Read More »
NOVA SCOTIA – Toronto-based Anaconda Mining has arranged a $5 million term loan from the Royal Bank of Canada. This will allow the company to complete all pre-construction work at its Goldboro gold project 175 km northeast of Halifax. No…
The pos…
GOLD: Anaconda arranges $5M loan for work at Goldboro Read More »
ARGENTINA – Vancouver’s Goldcorp, Toronto’s Yamana Gold and Glencore International of Switzerland have struck a deal to develop and operate the Agua Rica copper project using the infrastructure of Minera Alumbrera in the Catamarca province. The partner…
COPPER-GOLD: Goldcorp, Yamana, Glencore to pool assets in Argentina Read More »
ONTARIO – The best way to gain access to the mineral potential of the Ring of Fire is to build an all-season, east-west road. That is the opinion of the newly created East-West Ring of Fire Road Coalition (EWRFC). The…
The post INFRASTRUCTURE: Co…
INFRASTRUCTURE: Coalition calls for east-west road to Ring of Fire Read More »
LIBERIA – Toronto-based Avesoro Resources has released the pre-feasibility study for its New Liberty gold mine. The open pit is the country’s first and largest commercial gold mine. The new PFS examines development of an underground mine. According to …
GOLD: Avesoro releases New Liberty underground PFS Read More »
