NEVADA – As its Pumpkin Hollow underground mine ramps up to commercial production, Nevada Copper has entered into non-binding arrangements for a balance sheet strengthening package. The company is working to reach binding agreements in the next two wee…
COPPER: Nevada Copper looks to strengthen balance sheet Read More »
TORONTO – Alamos Gold has announced that it has entered into an agreement to acquire a 3% net smelter return (NSR) royalty on production from four claims at its Island Gold mine in Ontario for $75 million, reducing its company-wide…
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GOLD: Alamos to acquire Island Gold royalty for $75M Read More »
Colombia, Ecuador and Peru all host prospective geological settings for mineral exploration. While they remain under-explored by modern-day standards, South America’s reputation as an established mining destination gives a head start to companies looki…
Colombia, Ecuador & Peru Snapshot: Companies active in prospective countries Read More »
BRITISH COLUMBIA – Pretium Resources has released updated resources and reserves for the Valley of the Kings zone at the Brucejack mine as well as an updated life of mine plan. Most notable is the 36% drop in the reserve…
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GOLD: Pretium lowers Valley of the Kings reserve grade Read More »
BRITISH COLUMBIA – Copper Mountain Mining became on Tuesday the latest company to adjust plans due to ongoing markets collapse and near-term copper price uncertainty as a result of the rapidly spreading coronavirus panic. The Vancouver-based mine…
COPPER: Copper Mountain cuts targets amid market rout, virus fears Read More »
MEXICO – The initial seven holes completed by Vizsla Resources at the Panuco silver-gold project returned high-grade intercepts from an area surrounding historic workings as well as from a new vein discovery. Drill highlights include 3.55 metres …
SILVER-GOLD: Vizsla hits high grades at Panuco Read More »
NEVADA – The joint venture between Barrick Gold and Newmont operating in Nevada approved the conversion of its TS coal power plant into a facility that also could produce power from natural gas, which would cut carbon emissions by as much as…
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POWER: Barrick and Newmont to reduce coal use at Nevada JV Read More »
TORONTO – Following last week’s release of year-end results and five-year guidance from Eldorado Gold, the intermediate producer’s stock soared over 30% in one day and breached eight-year highs. Eldorado also announced a 15-year mine life at its Kislad…
GOLD: Eldorado revamps Kisladag circuit; expects over 450,000 oz. annually Read More »
TORONTO – Producer Excellon Resources has announced plans to acquire developer Otis Gold in an all-share deal worth an estimated $32.3 million, based on the most recent stock close prices. Excellon’s main producing asset is the high-grade underground s…
SILVER-GOLD: Excellon to acquire Otis in all-share deal Read More »
Tony Makuch, president and CEO of Kirkland Lake Gold, is The Northern Miner’s Mining Person of the Year for 2019. Under his leadership, Kirkland Lake Gold has outperformed its peers in the last 24 months. The company’s shares rose by…
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Kirkland Lake Gold’s Tony Makuch our Mining Person of the Year for 2019 Read More »
