Canadian Mining Journal


Gold


  • GOLD: Lundin closes $350M debt facility, announces offtake deal

    July 9, 2018 by Canadian Mining Journal

    ECUADOR – Lundin Gold of Vancouver has closed a $350-million (all amounts are U.S. dollars) senior secured project finance debt facility with a syndicate of seven lenders. The funds will go toward development and construction of the Fruta del Norte

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    GOLD: Barrick, Shandong strengthen co-operation

    July 9, 2018 by Canadian Mining Journal

    TORONTO – Barrick Gold says it has enhanced the strategic co-operation agreement between it and Shandong Gold Group Co. The new document builds on an April 2017 agreement when Shandong acquired 50% of Barrick’s Veladero gold mine in Argentina. The

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    GOLD-SILVER: McEwen files Fenix PEA, adds to El Gallo life of mine

    July 9, 2018 by Canadian Mining Journal

    MEXICO – Toronto-based McEwen Mining  has filed a preliminary economic assessment for project Fenix at its El Gallo complex in Sinaloa state. The study says the annual production rate can be boosted to 47,000 oz. of gold equivalent with a

  • COPPER: Inalum said close to acquiring Rio interest in Grasberg mine

    July 5, 2018 by Canadian Mining Journal

    INDONESIA – The rumours are flying this week concerning who might buy out Rio Tinto’s share of the giant Grasberg copper mine in the province of Papua. Rio let it be known several weeks ago that it wanted to sell

  • GOLD: Kinross supports sagebrush restoration in Nevada

    July 4, 2018 by Canadian Mining Journal

    NEVADA – Toronto-based Kinross Gold has made a gift of US$75,000 over the next three years to support the College of Agriculture, Biotechnology and Natural Resources’ Great Basin sagebrush restoration project. Sagebrush ecosystems have shrunk 56% from historical size due

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    Mexican Gold’s Las Minas project draws big backers

    July 3, 2018 by Canadian Mining Journal

    It all started with a cup of coffee in Zacatecas. Brian Robertson was swapping stories with a fellow engineer when he learned about 30 historical mines in the cliffs and ravines near the small village of Las Minas, about 177

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    GOLD: Province gives nod to Orefinders’ McGarry plans

    June 28, 2018 by Canadian Mining Journal

    ONTARIO – Orefinders Resources of Toronto says it has negotiated an agreement with the Ontario Ministry of Northern Development and Mines resolving issues that impact the company’s plans for the McGarry project, including the McGarry underground mine and Barber-Larder pit.

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    COPPER-GOLD: Feds okay Akasaba West mine for Agnico Eagle

    June 28, 2018 by Canadian Mining Journal

    QUEBEC – The federal Department of Environment and Climate Change  has concluded there will be no significant adverse environmental effects from the Akasaba West copper-gold mine 15 km east of Val d’Or. The project includes developing, operating and decommissioning an

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    GOLD: Nunavut board okays TMAC’s Madrid-Boston project

    June 27, 2018 by Canadian Mining Journal

    NUNAVUT – The Nunavut Impact review Board has recommended that the Madrid-Boston gold project go forward at the Hope Bay mine and mill 65 km east of Bathurst Inlet. The project – owned by TMAC Resources of Toronto – encompasses

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    GOLD: Barkerville infill drilling cuts 13 g/t over 12 metres

    June 27, 2018 by Canadian Mining Journal

    BRITISH COLUMBIA – Toronto-based Barkerville Gold says infill drilling at the Iron Mountain deposit of its Cariboo gold project near Wells is returning some excellent grades. Hole IM-18-057 returned 13.07 g/t gold over 12.0 metres, including 16.95 g/t over 1.0

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    GOLD: Premier, Barrick double down at South Arturo

    June 27, 2018 by Canadian Mining Journal

    NEVADA – Toronto’s Barrick Gold (operator and 60% owner) and Premier Gold Mines (40%) of Thunder Bay, Ont., have begun development of two projects – the Phase 1 open pit and El Nino underground – at the South Arturo gold

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    GOLD: Royal Canadian Mint issues first coin made with Nunavut gold

    June 26, 2018 by Canadian Mining Journal

    OTTAWA – The Royal Canadian Mint has issued the first collectible coin crafted entirely of gold from Nunavut. The 0.1-oz. coin was designed by Inuk artist Andrew Qappik and highlights images of the north – the walrus, ptarmigan, polar bear,