News
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Canterra doubles Newfoundland holdings
Canterra Minerals has doubled its land holdings in central Newfoundland, to 236 sq. km, from 104 sq. km previously, through staking. The company’s land position lies along the Rogerson Lake structural corridor. The nine new licences cover an additional 20…
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Teranga exceeds guidance, achieves record production for 5th straight year
Teranga Gold reported on Tuesday that it has exceeded its full-year production guidance and achieved record annual production during 2020, marking the fifth consecutive year that the company has accomplished both feats. During the fourth quarter, Teranga produced a record…
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Planning for a post-pandemic economic recovery in the Northwest Territories
As 2021 begins, the Covid-19 pandemic has left no part of Canada untouched, with cases reported in every province and territory, though at press time only the Northwest Territories (NWT) and Prince Edward Island had reported no deaths related to…
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Kirkland Lake Gold generates 369,434 oz in Q4, meets 2020 guidance
Miner Kirkland Lake Gold produced 369,434 gold oz. in the fourth quarter of 2020, bringing the company’s 2020 production to 1.37 million oz., in line with its guidance of 1.35 to 1.4 million oz. for the year. In the fourth…
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Orla tables updated feasibility for Camino Rojo with increased reserves, longer mine life
Orla Mining has released an updated feasibility study for its Camino Rojo heap leach oxide gold project in Mexico. The latest study features a 54% increase in reserves and a 3.5-year mine life extension for the operation, which is currently…
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First Cobalt inks feed agreements for refinery starting in 2022
First Cobalt has secured cobalt feed amounting to 90% of capacity for its First Cobalt Refinery in Ontario. The facility will be the only producer of cobalt sulphate for electric vehicle batteries in North America once the company completes a…
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Payload system bolsters mining fleet operations
Gold mining company Silver Lake Resources is now more efficiently managing its earthmoving fleet in Western Australia after implementing RCT’s Earthtrack information monitoring tool. RCT recently started up its EarthTrack Payload Management System on Silver Lake’s mixed fleet, which consists…
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Mining management and board changes – On the Move
The January edition of our On the Move newsletter is now available. The monthly publication tracks management and board appointments across Canada’s mining and mineral exploration industry. To view a copy of the newsletter, visit www.CanadianMiningJournal.com and scroll down along the right-hand side…
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Mongolia threatens to revoke Rio Tinto’s plan for Oyu Tolgoi
The government of Mongolia may cancel and replace the development and financial plan for the country’s vast Oyu Tolgoi copper-gold mine, Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) said today. The company, which is controlled by Rio Tinto (NYSE: RIO;…
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Fruta del Norte exceeds 2020 production guidance
Lundin Gold reported that its Fruta del Norte mine in Ecuador produced 96,830 oz. of gold in the fourth quarter of 2020, and total output since the operation was restarted on July 1, 2020, reached 191,080 oz. According to the…
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Equinox tops guidance in year of ‘tremendous growth’; produces 477,200 gold oz.
Growing miner Equinox Gold beat its revised 2020 production guidance and churned out 477,200 gold ounces last year. With 136,400 oz. generated in the fourth quarter, the company exceeded its prior forecast of 425,000 to 465,000 oz. for the year.…
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New Found Gold hits shallow high-grade in Keats stepout
New Found Gold has released partial assay results for four holes completed at the Keats zone and for six initial holes completed at the Little-Powerline zone within its Queensway gold project in Newfoundland. The Keats results include high-grade, near surface…
