News
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COPPER-GOLD: Orestone kicks off exploration campaign at Resguardo
CHILE – Orestone Mining just kicked off an exploration program on the Resguardo property in northern Chile. In a press release, the miner said the program will further define the potential for porphyry and manto-style copper-gold mineralization at a shallow…
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ZINC: Tinka cuts high grade at Ayawilca
PERU – Vancouver-based Tinka Resources has intersected several zones of high grade zinc mineralization in the final hole of this year’s drill program at its 100% owned Ayawilca zinc project, 200 km northeast of Lima in the Pasco region. Drill hole A19-168,…
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GOLD: Newmont Goldcorp sells Red Lake mines to Australia’s Evolution for US$475M
DENVER – Newmont Goldcorp of Denver, Colo., has agreed to sell Red Lake Mines Ltd. to Evolution Mining of Australia. Evolution has agreed to make a cash payment of US$375 million upon closing in the first quarter of 2020, plus…
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GOLD: Moneta updates South West deposit resources at Golden Highway
ONTARIO – Toronto-based Moneta Porcupine Mines has updated the mineral resource for the South West gold deposit at its Golden Highway project 110 km east of Timmins. The results of recent drilling show increased numbers in all categories. Here are…
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GOLD: White Gold makes new discovery at Hen
YUKON – White Gold has released the first ever drill results from the Hen property where rotary air blast drilling on the Titan target intercepted 32 metres of 14.82 g/t gold including a higher grade section of 3.05 metres of…
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COAL: Colonial’s Huguenot PEA strictly open pit
BRITISH COLUMBIA – Vancouver’s Colonial Coal International has released the results of the preliminary economic assessment for the Huguenot open pit coking coal mine. The property is located about 140 km by road from the Quintette loadout in the Peace…
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GOLD: Osisko reports high grade intercepts from Windfall
QUEBEC – Osisko Mining released the results of infill and step out drilling foucused on the Lynx and Triple Lynx zones at its Windfall gold project 200 km northeast of Val-d O’or. Intercepts of note from infill and step out…
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SOFTWARE: Deswik launches new GeoTools to take geological mapping into the digital era
BRISBANE – Deswik, the leading Australian mining software developer, has launched a new set of tools for geological mapping and sampling. Deswik.Mapping is a Windows tablet application which digitizes the traditional, paper-based geological mine mapping process. It enables geologists to…
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John Hathaway on the Detour gold mine
John Hathaway, chairman of Tocqueville Management Corp., called Detour Lake a “trophy mine” when he was interviewed by Northern Miner group publisher Anthony Vacarro at the 2019 Precious Metals Summit in Zurich. Click on the You Tube video to hear…
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COPPER: Ivanhoe, Congolese authorities discuss Kamoa-Kakula project
DEMOCRATIC REPUBLIC OF CONGO – Executives from Canada’s Ivanhoe Mines met with high ranking government officials in Kinshasa to provide updates on the development progress at the Kamoa-Kakula and Kipushi joint venture mining projects. In a press release, the miner…
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GOLD: Kirkland Lake to acquire Detour Gold
TORONTO – Kirkland Lake Gold has announced that it has entered into a definitive agreement to acquire all of the outstanding shares of Detour Gold. The transaction would exchange each Detour share for 0.4343 of a Kirkland Lake share, an…
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ZINC-LEAD: NorZinc receives permits for Prairie Creek mine and road
NORTHWEST TERRITORIES – Vancouver-based NorZinc, owner of the Prairie Creek zinc-lead project 200 km west of Fort Simpson, has received the water licence and land use permit from Parks Canada for its portion of the all-season road to the mine…
