BRITISH COLUMBIA – British Columbia Investment Management Corp. says it will vote against the proposed merger of Goldcorp and Newmont Mining due to Goldcorp’s decision to award its chairman, Ian Telfer, a US$12 million retirement allowance. BCI, which …
GOLD: BCI opposes Goldcorp’s US$12 million retirement bonus for Ian Telfer Read More »
QUEBEC – Iamgold Corp. has announced a 32% reduction in the workforce at its Westwood gold mine 40 km east of Rouyn-Noranda and only 2.5 km east of the former Doyon gold mine. The process is to begin this week.…
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GOLD: Iamgold cuts Westwood workforce by 32% Read More »
COTE D’IVOIRE – Endeavour Mining Corp. of London, U.K., has poured its first doré bar from its Ity carbon-in-leach project four months earlier than planned and well under it $412 million budget. The bar contains about 1,800 oz. of gold.…
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GOLD: Endeavour pours first gold at Ity CIL project Read More »
QUEBEC – Oakville, Ont.-based Baffinland Iron Mines held what it calls a “risk assessment workshop” for stakeholders who want to know more about the expansion of its Mary river direct shipping iron ore project near Pond Inlet on Baffin Island.…
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IRON ORE: Baffinland holds second community workshop for Mary River expansion Read More »
CHILE – Anglo American has installed 256 photovoltaic panels that float on the tailings containment pond at its Los Bronces complex. This pilot project is expected to generate 150 MWh/year from 256 photovoltaic cells. The mine is located 65 km…
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COPPER: Anglo American floats solar farm on tailings at Los Bronces Read More »
TORONTO – BMO Capital Markets has cut Vale’s iron ore production estimate this year by a further 30 million tonnes due to the continued suspension of the iron ore miner’s Brucutu mine, and the recent suspension of the Timbopeba mine. A…
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IRON ORE: BMO updates production estimates for Vale after additional mine closure Read More »
ARIZONA – Para Resources announced this week that it successfully tested the full CIP circuit at its Gold Road mine in Oatman, Ariz., including a test pour of gold. In a press release, the Vancouver-based miner said that a 40-oz. doré…
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MEXICO – Vancouver-based Leagold Mining Corp. has filed the feasibility study for expanded facilities at the Los Filos gold complex 180 km south of Mexico City. The project currently consists of the Los Filos and Bermejal pits and the Los…
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NOVA SCOTIA – Atlantic Gold has added measured and indicated ounces at its Touquoy, Fifteen Mile Stream (FMS) and Cochrane Hill gold projects with results from its 2018 drill campaign. The company added 88,000 oz. of gold at Touquoy which, net…
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GOLD: Atlantic Gold boosts resource, exceeds 2018 production guidance Read More »
With several underground mines and two processing plants at its Segovia and Marmato operations in Colombia, Gran Colombia Gold (TSX: GCM; US-OTC: TPRFF) is the South American country’s largest underground gold and silver producer. Gran Colombia Gold’s …
Gran Colombia Gold works with artisanal miners in Colombia Read More »
