ONTARIO – In the first quarter of the year, Alamos Gold produced 110,800 oz. of gold at all-in sustaining costs (AISC) of US$1,010 per oz. Although the company withdrew its 2020 guidance of 425,000 oz. to 465,000 oz. at AISCs…
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ONTARIO – Kirkland Lake Gold has released the results of 19 drill holes as well as assays for 15 historical unreported and reinterpreted holes from the Macassa mine. These results expand the South Mine Complex (SMC) by at least 75…
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GOLD: Kirkland Lake expands SMC to the east, traces new corridor at Macassa Read More »
COLORADO – Newmont, the world’s no. 1 gold miner, announced a quarterly dividend of US$0.25 per share of common stock, to be paid to holders of record at the close of the business day on Jun. 4. The decision represents a “significant…
The p…
GOLD: Newmont increases quarterly dividend by 79% Read More »
As existing deposits and mines are advanced, companies are looking for new frontiers to secure their long-term production and growth. The northern portion of this continent, with favourable geology, relative under-exploration and mining-friendly polici…
Far North Snapshot: Eight companies exploring the frontiers Read More »
ONTARIO – In the first quarter of this year, Harte Gold produced 8,597 oz. at its Sugar Zone mine. This is a record for the company and a 7% increase over the 8,017 oz. generated in the fourth quarter of…
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GOLD: Harte reports record quarterly production of 8,597 oz. Read More »
With Monday’s announcement from Quebec Premier François Legault declaring mining operations in the province an essential service, mines will be allowed to start back up on Wednesday, Apr. 15, with additional health and safety precautions. In response, …
COVID-19: Quebec mines now an essential service Read More »
Management at Alamos Gold’s (TSX: AGI; NYSE: AGI) headquarters in Toronto have confirmed that the company’s wholly owned Mulatos gold mine in Mexico was robbed last week. A group of five heavily-armed robbers made off with an undisclosed amount of gold…
Alamos Gold confirms robbery at Mulatos mine Read More »
A new means of exploiting previously overlooked zones of gold mineralization may prove to be the type of disruptive technology needed once the global COVID-19 pandemic is over. Called sustainable mining by drilling (SMD), it uses a unique, surface-base…
Disruptive drill technology offers potential for miners Read More »
TORONTO – In the first quarter of this year, Kirkland Lake Gold produced 330,864 oz. of gold, an 18% increase from 279,742 oz. generated in the prior quarter, largely driven by a contribution from the Detour open pit, following closing…
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GOLD: Kirkland Lake reports Q1 production of 330,864 oz. Read More »
In its recent annual mineral reserve and resource update, mid-tier copper producer Hudbay Minerals (TSX: HBM; NYSE: HBM) provided some market optimism in the form of a major boost in gold at its Lalor mine within the Snow Lake Mining complex in…
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Hudbay boosts gold reserves, production forecast in Manitoba Read More »
