Quebec-focused developer Falco Resources (TSXV: FPC) has released the results of an updated feasibility study on a development of the Horne 5 deposit below the historic Horne mine in the Rouyn-Noranda area of Quebec. The study outlines a 15-year underground…
Management appointments announced this week include: Carmen Amezquita has been named CFO of Amerigo Resources. Barrick Gold has announced appointments to its exploration team: Aoife McGrath has been named VP of exploration for Africa and Middle East and Leandro Sastre…
Falco Resources’ (TSXV: FPC) Horne 5 project contains 7 million oz. gold. It might contain just as many questions. Perhaps the biggest one is whether or not Falco will secure a fair operating agreement with Glencore (LON: GLEN), which operates the Horne…
Bryan A. Coates Is the new chair of Falco Resources in Montreal following the resignation of Sean Roosen from the board. Coates is also president of Osisko Gold Royalties. Toronto-based Copper One has named Stan Bharti president, CEO and director…
Antoine Fournier is the new VP exploration at Toronto-based Enforcer Gold Corp. He holds a BSC in geology from Concordia University and an MSc in economic geology from McGill University. Most recently Fournier oversaw the restructuring of Big North Graphite…
QUEBEC – Falco Resources of Montreal continues to move its Horne 5 copper-gold project toward a 2022 start up. The project, that represents an investment of $1.3 billion for both pre-production and sustaining costs, is located at Rouyn-Noranda. Construction of…
QUEBEC – Falco Resources of Montreal has signed a $60-million agreement to purchase the mining fleet for the Horne 5 underground gold project from Sandvik Mining and Rock Technology. The project, located in Rouyn-Noranda, could produce its first gold in…
QUEBEC – Montreal’s Falco Resources has released a feasibility study that points toward an all-in sustaining cost of $399/oz., net of by-product credits, for gold produced at its Horne 5 project in the Rouyn-Noranda camp. The company calls the project…
QUEBEC – Falco Resources of Montreal has closed a bought deal offering that grossed $28.75 million. The company sold 22.29 million units (including the overallotment) at a price of $1.29 each. Each unit allows the holder to acquire one common…
Anaconda Mining, with head offices in Toronto, has named former VP of technical services Gordana Slepcev as COO. She has an MSc and a BSc in mining engineering from the University of Belgrade. Separately and for the second time, company…
QUEBEC – Montreal-based Falco Resources has signed a contract with ABB Canada to supply the hoisting system for the Horne 5 gold-copper project in Rouyn-Noranda. The contract includes engineering, procurement, supply, performance services, and installation. Three hoists will be installed.…
Champion Iron of Montreal has named David Cataford as its COO following the retirement of Alexander Horvath. Cataford joined the company in 2014 as VP engineering and oversaw the completion of the Bloom Lake iron ore feasibility study. As the…