ONTARIO – The latest exploration release from Alamos Gold’s Island Gold mine suggest presence of high-grade mineralization up to 200 metres outside of the current resource limits. The company reported intercepts from three gold-bearing zones below and …
GOLD: Alamos steps out at Island Gold Read More »
ONTARIO – Gold miner Wesdome has issued production guidance of 90,000 oz. to 100,000 oz. for this year; last year’s production of 91,688 oz. was in line with prior guidance for 88,000 oz. to 93,000 oz. The bulk of the company’s…
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GOLD: Wesdome guides for up to 100,000 oz. in 2020 Read More »
TORONTO – Miner Yamana Gold has released 2019 production results with 1.02 million of gold-equivalent oz. slightly exceeding the company’s guidance for 1.01 gold-equivalent oz. Three underground mines in South America: Jacobina, El Penon and Minera Flo…
GOLD: Yamana beats production guidance Read More »
The natural endowment of British Columbia, the Yukon and Northwest Territories continues to drive mineral exploration and development. Here is a sample of eight companies active in the region. American Creek Resources American Creek Resources (TSXV: AM…
BC, Yukon and NWT Snapshot: Eight players advancing assets in attractive jurisdictions Read More »
MEXICO – Torex Gold has released an updated resource for its Media Luna deposit at the Morelos project with 12.6 million tonnes at 5.55 g/t gold-equivalent in the indicated category for a total of 2.24 million oz. and 33.5 million…
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GOLD: Torex upgrades Media Luna resource Read More »
BRITISH COLUMBIA – Copper Mountain Mining has released 2019 operating results and provided three-year production guidance for its 75% owned Copper Mountain mine. The company’s total production of 87.2 million lb. copper-equivalent last year came in at …
COPPER: Copper Mountain meets 2019 guidance; expects to grow production Read More »
ECUADOR – Lundin Gold has reported that the ramp up of its Fruta del Norte gold mine and plant is on schedule and within budget; the project produced 28,678 oz. of gold last year. Based on an update to its…
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GOLD: Fruta del Norte ramp up on track, says Lundin Gold Read More »
COLOMBIA – Para Resources announced that its wholly-owned subsidiary, Colombia Milling, entered into a binding letter of intent with Mineros to acquire 100% of the shares of Operadora Mineras for $5.5 million in cash. In a press release, Para sai…
GOLD: Para purchases Colombian company for $5.5M Read More »
ONTARIO –Production of 8,017 oz. of gold in the fourth quarter from its Sugar zone mine has allowed Harte Gold to exceed its previously revised production guidance of 24,000 oz. to 26,000 oz. for the year. This represents an increase…
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GOLD: Harte delivers strong Q4 production; exceeds guidance Read More »
DENVER – In line with its commitment to return cash to shareholders, Newmont Goldcorp has announced a hefty 79% increase to its dividend to US$1.00 annually, effective upon approval in April. Alongside this increase, in December, the company announced …
GOLD: Newmont Goldcorp ups dividend by 79% Read More »
