Canadian Mining Journal


  • News

    Record gold output, but Hudbay posts loss in Q1

    May 12, 2021 by Canadian Mining Journal Staff

    Hudbay Minerals (TSX: HBM; NYSE: HBM) released its first quarter results today with record gold production of 35,500 oz. during that time. Consolidated copper production was 24,553 tonnes at a ‘sustaining cash cost’ of US$2.16 per lb. Despite strong metal

  • News

    Red Chris output, exploration news from Imperial

    April 29, 2021 by Canadian Mining Journal

    Despite a major power outage in February and some freezing of some mill infrastructure, the Red Chris mine had first quarter 2021 production of 15.9 million lb. of copper and 15,800 oz. of gold. In comparison, in the fourth quarter

  • News

    First Quantum reports record Cobre Panama production in Q1

    April 28, 2021 by Canadian Mining Journal

    First Quantum Minerals (TSX: FM) delivered its first quarter 2021 report along with the news that the Cobre Panama copper mine achieved record quarterly production – 82,042 tonnes of copper, a jump of 46% from the same quarter a year

  • Report looks at recycling of battery metals to meet rising demand

    April 28, 2021 by Alisha Hiyate

    A new report suggests that recycled metals could meet a significant part of the rising demand from electric vehicles (EVs), decreasing some of the need for new mine supply. The report, Reducing new mining for electric vehicle battery metals, was

  • News

    Kristeneberg mine expansion to cost Boliden $185M

    April 27, 2021 by Canadian Mining Journal

    Swedish miner Boliden expects to spend approximately $185 million (1.25 billion krona) expanding its Kristenberg mine toward the Rävliden ore zone. The expansion will help boost mill throughput to 1.8 million tonnes annually in the Boliden area of Sweden. The

  • Greener haulage at Copper Mountain with trolley assist from ABB

    April 26, 2021 by Canadian Mining Journal Staff

    Copper Mountain Mining (TSX: CMMC) is committed to reducing its carbon footprint by more than 50% in the next five to seven years, with the goal of reaching zero by 2035. Toward that end, the company has selected ABB for

  • News

    Comments sought for Generation’s Marathon Pd-Cu project

    April 22, 2021 by Canadian Mining Journal

    Earlier this year, Generation Mining filed the first amendment to the environmental impact statement (EIS) for the Marathon palladium-copper project, and on Apr. 16, it filed the second amendment. These filings along with the recently published feasibility study mark the

  • News

    Turquoise Hill updates Oyu Tolgoi mine, Q1 performance

    April 20, 2021 by Canadian Mining Journal

    Underground development at the Oyu Tolgoi copper mine in Mongolia is progressing as planned, says operator Turquoise Hill Resources (TSX: TRQ). The first sustainable production from the project is expected in 2022. Production is to ramp up to 580,000 tonnes

  • News

    Barrick reports in-line production; expects stronger output in H2

    April 15, 2021 by Canadian Mining Journal

    In the first quarter of 2021, Toronto-based gold major Barrick Gold (TSX: ABX; NYSE: GOLD) produced 1.1 million oz. of gold and 93 million lb. of copper, in line with its plan for the year. In the production release, the

  • News

    Glencore shareholders revolt over CEO’s pay

    April 15, 2021 by Cecilia Jamasmie

    Proxy adviser Glass Lewis, one of Glencore’s (LSE: GLEN) top shareholders, is pushing investors to vote against the company’s plans to pay its new chief executive Gary Nagle up to US$10.4 million. In a report for clients, Lewis said it

  • News

    HighGold steps out Johnson Tract in Alaska

    April 14, 2021 by Canadian Mining Journal

    Final results for nine holes drilled as part of a 32-hole drill program completed last year at HighGold Mining’s (TSXV: HIGH) gold-polymetallic project in southcentral Alaska expand mineralization by 180 metres down-plunge, and on strike of earlier stepout intercepts. Overall,

  • Rio Tinto, Turquoise Hill strike funding deal for Oyu Tolgoi

    April 12, 2021 by Cecilia Jamasmie

    The binding agreement ends a long-dragged standoff between the companies over funding for an expansion of the copper-gold mine in Mongolia.