Canadian Mining Journal


Klondex Mines Ltd


  • Klondex spinoff Havilah Mining begins trading

    July 31, 2018 by Canadian Mining Journal

    With Hecla Mining‘s (NYSE: HL) takeover of Klondex Mines now completed, the resulting Klondex spinoff company Havilah Mining (TSXV: HMC) has started trading as of July 25, with its primary listing on the TSX Venture Exchange. In a deal first announced on March

  • News

    GOLD: Klondex cuts operations at True North mine

    January 11, 2018 by Canadian Mining Journal

    MANITOBA – Vancouver-based Klondex Mines is reducing its underground mining operation and workforce at the True North gold mine near Bissett. The reason given is that the mine did not achieve planned operating and cash flow targets in 2017. Klondex

  • News

    GOLD: Klondex expands resources at True North project

    March 29, 2017 by Canadian Mining Journal

    MANITOBA – Klondex Mines of Vancouver has updated the resources at its True North gold project under development near Bissett, 250 km northeast of Winnipeg. The latest measured and indicated number is up about 32% and the inferred numberis up

  • News

    GOLD: Klondex gives True North the go-ahead for production

    September 12, 2016 by Canadian Mining Journal

    MANITOBA – Klondex Mines of Vancouver has made a positive production decision for its True North gold project near Bissett, 250 km northeast of Winnipeg. Klondex bought the property (formerly known as the Rice Lake complex) in January 2016. Klondex

  • GOLD: Klondex completes financing for Hollister and Esmeralda

    August 22, 2016 by Canadian Mining Journal

    NEVADA – Klondex Mines of Vancouver has closed a $129.5 million subscription offering with which to complete the purchase of the Hollister and Esmeralda gold mines and the mill located at the latter. The company offered 25.9 million receipts at

  • GOLD: Klondex to purchase Hollister mine, Esmeralda mill from Waterton

    July 26, 2016 by Canadian Mining Journal

    NEVADA – A subsidiary of Vancouver-based Klondex Mines has offered to purchase the Hollister gold mine and Esmeralda mill from Waterton Nevada Splitter LLC for a cash price of US$80 million. The sale also includes an office in Winnemucca, NV,

  • News

    MINING PEOPLE: Corazon Gold, Galena International, Klondex, Monarques Gold, and MX Gold

    July 7, 2016 by Canadian Mining Journal

    Corazon Gold Corp. of Vancouver has named Victor Goncalves to the posts of president and CEO. Bradley Scharfe, who had been interim CEO since 2014, has become chairman. Additionally, Jorge Orellana has joined the company as VP corporate development. Vancouver-based

  • News

    GOLD: Klondex drilling at True North, production decision soon

    June 30, 2016 by Canadian Mining Journal

    MANITOBA – Klondex Mines of Vancouver has been busy drilling the True North gold mine and plans to make a reopening decision in Q3 2016. Klondex has received assays for the first 30 underground drill holes totaling 4,050 metres. Highlights

  • News

    GOLD: Klondex wastes no time at Rice Lake

    April 14, 2016 by Canadian Mining Journal

    MANITOBA – Since completing the acquisition of the former Rice Lake high grade gold mine in Bissett last January, new owner Klondex Mines of Vancouver is wasting no time as it gets ready to reopen it. The provincial government approved

  • News

    MINING PEOPLE: Goldcorp, Klondex, KSB, and Radisson Mining

    March 10, 2016 by Canadian Mining Journal

    Vancouver-based Goldcorp has made changes to its senior management as it shifts focus to low cost mines. Russell Ball, executive VP of corporate development and capital management, will assume the CFO role, effective immediately. He replaces Lindsay Hall who has

  • GOLD: Klondex acquires Rice Lake mine and mill complex

    December 17, 2015 by Canadian Mining Journal

    MANITOBA – Klondex Mines of Vancouver has entered into a definitive agreement to acquire the Rice Lake gold mine and mill complex in Bissett for US$32 million. Klondex will pay US$20 million in cash and issue a US$12 million promissory

  • News

    Klondex blazes ahead, undeterred by low gold prices

    August 19, 2015 by Canadian Mining Journal Editor

    Klondex Mines (TSX: KDX; OTCQX: KLNDF) has been another stellar gold performer in the current bear market, with its share price steadily rising since the end of 2012.