Canadian Mining Journal


  • GOLD: Luminex grows Condor with first Camp resource

    March 31, 2020 by Canadian Mining Journal

    VANCOUVER – Luminex Resources has unveiled a maiden resource at its Camp deposit, part of its Condor project in southeast Ecuador, of 11.9 million inferred tonnes grading 2.95 g/t gold equivalent for 1.1 million gold-equivalent oz. Camp contains the highest

  • M&A: Argonaut and Alio announce gold-focused merger

    March 30, 2020 by Canadian Mining Journal

    TORONTO – Producers Argonaut Gold and Alio Gold have entered into an agreement for an all-share merger with Argonaut acquiring Alio to create a diversified intermediate company with output of over 235,000 gold-equivalent oz. annually. With a share exchange ratio

  • COVID-19: McEwen suspends mining at Black Fox and Gold Bar

    March 26, 2020 by Canadian Mining Journal

    After announcing a temporary suspension of operations until at least Mar. 31 at its 49%-owned San José mine in Argentina late last week due to COVID-19, McEwen Mining reported today it will also be suspending production at its Black Fox

  • News

    GOLD: Tudor has enough cash for 2020 drilling at Treaty Creek

    March 26, 2020 by MINING.COM Staff

    BRITISH COLUMBIA – Tudor Gold has announced that it is fully funded to execute a significantly larger drilling and exploration program than the campaign that was carried out last year at its Treaty Creek project. Back in December, Tudor raised enough capital

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    SILVER-GOLD: GoGold hits high grades at Los Ricos South

    March 25, 2020 by Canadian Mining Journal

    MEXICO – GoGold Resources’ most recent exploration results include near-surface, high-grade silver and gold intersections around historical underground workings from the Los Ricos South project. The Main area returned 18.8 metres of 255 g/t silver-equivalent starting at 3 metres, 19.5

  • SilverCrest weighs legal options after underwriter bails on financing

    March 23, 2020 by Steve Stakiw

    As global financial markets began to melt down in response to the coronavirus pandemic, SilverCrest Metals (TSX: SIL; NYSE-A: SILV) inked a $75 million bought-deal financing on March 11 that was underwritten by a banking syndicate led by National Bank Financial (and

  • COVID-19: Coronavirus impacts spread across mining sector

    March 19, 2020 by Alisha Hiyate and Magda Gardner

    As the world seemingly moves into lockdown to halt the transmission of the novel COVID-19 virus, the uncertainty and restrictions on movement are taking a toll on markets and commodities. After initially benefiting from uncertainty around the virus and peaking

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    ZINC-COPPER: Foran tables PFS for McIlvenna Bay

    March 12, 2020 by Canadian Mining Journal

    SASKATCHEWAN – A pre-feasibility study (PFS) released by Foran Mining for its wholly owned McIlvenna Bay project suggests a 3,600 t/d underground mine with on-site processing and tailings storage and the shipping of copper and zinc concentrates to offsite smelters.

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    GOLD-COPPER: Falcon gets drill permit for Ontario project

    March 12, 2020 by MINING.COM Staff

    ONTARIO – Falcon Gold received an exploration and drill permit to carry out activities on the gold, silver, and copper prospects on its project in Ontario. In a press release, Falcon said that the permit includes over 20 drill pad

  • SILVER-GOLD: SilverCrest raising $75M in bought deal

    March 11, 2020 by Canadian Mining Journal

    MEXICO – SilverCrest Metals has announced a $75 million bought deal, led by National Bank Financial, Eight Capital and Scotia Capital, with the underwriters purchasing 9.1 million common shares at $8.25 each. An additional over-allotment option allows the underwriters to

  • News

    Colombia, Ecuador & Peru Snapshot: Companies active in prospective countries

    March 11, 2020 by Magda Gardner

    Colombia, Ecuador and Peru all host prospective geological settings for mineral exploration. While they remain under-explored by modern-day standards, South America’s reputation as an established mining destination gives a head start to companies looking to develop projects in these countries.

  • GOLD: Franco-Nevada posts record results

    March 10, 2020 by Canadian Mining Journal

    TORONTO – Royalty and streaming company Franco-Nevada just had its best year ever, reporting revenue of US$844.1 million on the sale of 516,438 gold-equivalent oz. Net income for the year was US$344.1 million or $1.83 per share. The final quarter