Australian mid-tier gold mining company Evolution owns and operates four mines in Australia and one in Ontario, Canada. Located 600 km east of Perth, Mungari underground operation produces more than 125,000 oz. of gold a year. Improving stope economics Mungari’s…
Before we know, we are soon closing on the first quarter of 2021. With the roll-out of COVID-19 vaccine and gradual recovery of global economies, would we see a sustainable bright spot in the metals market in 2021? What are…
Nighthawk Gold (TSX: NHK) has updated the mineral resources for its Indin Lake gold property in the Northwest Territories, 200 km north of Yellowknife. The latest numbers incorporate two-thirds of the drill assays from the 2020 exploration program (due to…
Newly minted producer Victoria Gold (TSX: VGCX) has released guidance for its first full year of commercial production – the Eagle gold mine in central Yukon achieved commercial production on July 1. In 2021, Eagle is expected to generate 180,000…
Software-as-a-service (SaaS) provider Nomadis has achieved SOC 2 Type 1 certification for its cloud-based workforce logistics solution. The company’s product combines software and expertise in workforce scheduling, travel and accommodation management to help reduce and control costs of travel, optimize…
Growing gold miner Equinox Gold (TSX: EQX) has upped its stake in the Hardrock gold project in Ontario by 10%, for a total ownership of 60%. The company has entered into an agreement with Orion Mine Finance to add 10%…
Solaris Resources (TSX: SLS) has doubled the drill campaign, from six rigs to 12, following a significant new discovery at its Warintza copper project in Ecuador’s main mining district in the southeast, as geophysics revealed a much more extensive porphyry…
Lucara Diamond (TSX:LUC) anticipates incurring debt of between US$150 million and US$200 million towards the US$514-million underground expansion of the Karowe diamond mine in Botswana. The Vancouver company has already initiated discussions with potential lenders, and hopes to secure funding…
Gold miner Alamos Gold (TSX, NYSE: AGI) has announced record cash flow from operations, both for the fourth quarter and full year, with its 2020 financial results release. Production of 426,800 gold oz. for the year (120,400 oz. in the…
Sabina Gold & Silver (TSX: SBB) has released an updated feasibility study on a combined open pit and underground development at the Goose property within its Back River gold project in Nunavut, 520 km northeast of Yellowknife. The engineering study…
Management appointments announced this week include: Dale Found has been appointed VP and CFO of Arizona Gold. Bob Petryk has been named manager of operations with Arrow Exploration. Daniel Vickerman has been named senior VP of corporate development with Blackrock…
In January, SK Godelius opened an office in northern Ontario within the Norcat Underground Centre in Sudbury. The company specializes in developing innovative forms of remote interaction for machines, vehicles, robots, and processes of the mining industry. The Norcat centre…