Gold
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GOLD: Victoria’s Eagle mine achieves commercial production
YUKON – Victoria Gold’s Eagle gold mine reached the commercial production milestone on Canada Day. As of July 1, all of the facilities required for this stage of the mine life are now complete and, according to Victoria, the mining…
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GOLD: Gran Colombia funds Caldas Gold’s Juby acquisition
TORONTO – Colombia-focused Gran Colombia Gold has invested $14 million in a private placement in its recent spinoff, Caldas Gold, to fund the acquisition of a project in Ontario’s Abitibi greenstone belt. In a deal announced in May, Caldas Gold…
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GOLD: Eastmain restarts exploration at Quebec properties
QUEBEC – Eastmain Resources has resumed exploration across its three properties in Quebec’s James Bay region. The company will focus on expanding the existing Eau Claire deposit at its flagship 20,068-sq.-km Clearwater property with 4,000 metres of drilling with additional…
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The Northern Miner Podcast – episode 193: Agnico Eagle CEO Sean Boyd on growth, gold prices and company culture, part 2
This week’s episode features an interview with Agnico Eagle Mines vice chair and chief executive officer Sean Boyd at the Canadian Mining Symposium, held on Zoom on June 16, 2020. Northern Miner group publisher Anthony Vaccaro asked Boyd about his view on growth, the…
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GOLD: Public Health allows Blue Star to start work on Nunavut projects
NUNAVUT – Vancouver-based Blue Star Gold announced that the chief public health officer of the Nunavut territory has confirmed that the company can begin its work programs in early July on the Hood River and Ulu projects. In a press release,…
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GOLD: Kirkland Lake bulks up Detour Lake with 250,000-metre drill program
TORONTO – Kirkland Lake Gold has released results from 17 new drill holes at its Detour Lake mine, 300 km northeast of Timmins, which it says have extended mineralization at the Main pit and 58 North zone. The holes, totalling…
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Canada’s top 10 royalty and streaming companies
The Northern Miner presents the top-10, Canadian-headquartered royalty and streaming companies by market capitalization, as of mid-June 2020. 1. Franco-Nevada Market capitalization: US$26.4 billion Franco-Nevada (TSX: FNV; NYSE: FNV) continues to hold its position as the number one royalty and streaming…
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GOLD: Rupert Resources extends mineralization at Pahtavaara in Finland
Toronto – Rupert Resources has reported two new drill results from its recently discovered Ikkari target at its wholly owned Pahtavaara gold project, located in northern Finland’s Central Lapland Greenstone Belt, 150 km north-northeast of the town of Rovaniemi. Drill hole…
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GOLD: Iamgold advances permitting for Côté
TORONTO – Iamgold‘s 70%-owned Côté gold project in northern Ontario has received a key federal permitting approval, taking it one step closer to a construction decision. The approval, under the Fisheries Act, is related to impacts on fish habitats and tailings…
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GOLD: Azimut expands drill program at Elmer
QUEBEC – Having completed its originally planned 6,000-metre, 30-hole drill program at its wholly-owned Elmer project, Azimut Exploration is expanding the campaign to 10,000 metres to continue drilling the main target there and to test previously identified targets. A total…
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COSTING: Evaluating gold heap leach projects
Gold is a hot commodity these days. With the pandemic news and gold prices reaching new highs, gold heap leach projects are getting a fresh look, but where are the projects? Since 2017, the gold resources reported at mine projects…
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GOLD-SILVER: Hochschild to invest US$8M for initial stake in Riverside project
VANCOUVER – Riverside Resources has optioned its Los Cuarentas project, in Sonora, Mexico, to Hochschild Mining in a deal that will see the major spend U$8 million over five years to earn an initial 51% interest. The prospect generator has…
