Mining
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SPONSORED: Evolution’s Mungari Gold improves its stope design and reconciliation process
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…
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SPONSORED: Attending PDAC 2021? Connect with our analysts for actionable mining insights.
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…
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Nighthawk grows Colomac resource with near-surface indicated ounces
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…
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Victoria’s Eagle mine to produce 180,000 to 200,000 oz. this year
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…
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Nomadis acquires information security certification
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…
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Equinox adds to Hardrock stake in Ontario
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%…
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JV Article: Solaris doubles drill program on major discovery at Warintza copper project in Ecuador
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…
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Lucara Diamond to borrow for Karowe underground expansion
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…
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Alamos reports record operating cash flows, ups dividend by 25%
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…
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Sabina updates feasibility on 15-year ‘world-class’ project in Nunavut
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…
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MINING PEOPLE: First Majestic, Generation Mining, Integra, Lundin Mining
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…
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SK Godelius expands operations to northern Ontario
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…
