TORONTO – Detour Gold Corp. has provided guidance for this year. The numbers are in line with the Detour Lake project’s life of mine plan released in June 2018. (All amounts in U.S. dollars.) Gold production for the full year…
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BURKINA FASO – Toronto’s Roxgold expects its Yaramoko mine will produce between 145,000 and 155,000 oz. this year at cash costs of US$440 to $470 per oz. and all-in sustaining costs of $765 to $795 per oz. (Monetary amounts are U.S.…
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Groundbreaking! America’s New Quest for Mineral Independence. Dr. Ned Mamula and Ann Bridges. 294 pages. ISBN-13: 978-1729669525 / ISBN-10: 1729669522. What happens when a geologist and an author whose chief interest is California’s Silicon Valley get …
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MONGOLIA – Oyu Tolgoi is expected to produce 125,000 to 155,000 tonnes of copper and 180,000 to 220,000 oz. of gold in concentrates this year, Turquoise Hill Resources reports. Last year the Mongolian copper-gold mine produced 159,100 tonnes of copper,…
COPPER-GOLD: Turquoise Hill production guidance levels off in 2019 Read More »
ONTARIO – Wesdome Gold Mines expects to produce 72,000 to 80,000 oz. of gold this year at all-in sustaining costs of US$985 to $1,040 per oz. at its Eagle River mine complex in northern Ontario. The gold producer also forecasts a…
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TORONTO – Detour Gold Corp. enjoyed a strong fourth quarter – with record output of 158,200 oz. – bringing the 2018 total to 621,128 oz. of gold. The total was 9% more than for 2017. The average mining rate was…
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GOLD: Detour’s 2018 output tops 620,000 oz. Read More »
MONTREAL – Osisko Metals president and CEO Jeff Hussey called 2018 a “very successful” year for his company, thanks to low zinc inventories and mid-term mine output forecasted to be less than global demand. Last February the company acquired Pine……
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Denver-based Newmont Mining Corp. and Goldcorp of Vancouver announced plans on Jan. 14 to merge, creating the world’s leading gold producer. When the US$10 billion (all figures U.S. dollars) deal closes, a new company, Newmont Goldcorp, will be created…
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BOTSWANA – Vancouver-based Lucara Diamond Corp. has recovered a 127-carat, top white gem diamond at its Karowe mine in the Orapa-Letlhakane district. The mine also produced the 1,109-carat Lesdi la Rona and the 813-carat Constellation, which sold for a…
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ONTARIO – Alamos Gold of Toronto reports the highest grades from surface drilling in the Western extension at the Island gold mine near Wawa. High grades were also recorded from across the Main and Eastern extensions. Results from the Western…
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