Canadian Mining Journal



  • News

    GOLD: Detour’s 2018 output tops 620,000 oz.

    January 16, 2019 by Canadian Mining Journal

    TORONTO – Detour Gold Corp. enjoyed a strong fourth quarter – with record output of 158,200 oz. – bringing the 2018 total to 621,128 oz. of gold. The total was 9% more than for 2017. The average mining rate was

  • News

    GOLD: Iamgold expects lower production, higher costs in 2019

    January 16, 2019 by Northern Miner Staff

    TORONTO – Iamgold expects to produce  fewer gold ounces while incurring higher all in sustaining costs and total cash costs in 2019 compared to 2018, the company said in its year end production results and 2019 guidance. Iamgold produced 882,000 attributable

  • News

    COPPER-GOLD: Imperial Metals posts $28.6M loss in Q3

    November 15, 2018 by Northern Miner Staff

    VANCOUVER – Imperial Metals (TSX: III) recorded a net loss in the third quarter of $28.6 million compared to a net loss of $1.6 million in the same quarter a year ago, with the increase primarily due to reduced income from

  • News

    GOLD: Kinross on track for 2018 production and costs

    November 8, 2018 by Canadian Mining Journal

    TORONTO – Kinross Gold has released its third quarter results that indicate the company achieved solid production and generated a cash flow. Operations in Nevada, Brazil, Ghana and Russia all performed well, said the company. On the production side, the

  • News

    GOLD: B2Gold hits record gold production in Q3

    November 8, 2018 by Canadian Mining Journal

    VANCOUVER – B2Gold produced a record 242,020 oz. of gold in 2018’s third quarter, 78% higher than in the same quarter of the previous year. It attributed its success to strong performances from the Kekola mine in Mali, the Masbate mine

  • News

    OILSANDS: Suncor posts record quarterly operating income of $1.3B

    November 1, 2018 by Canadian Mining Journal

    CALGARY – Suncor Energy has posted a record $3.14 billion ($1.94 per share) for Q3 2018. Cash flow provided by operating activities was $4.37 billion ($2.70 per share) including changes in non-cash working capital. Operating earnings were $1.56 billion ($0.96

  • News

    GOLD: Toronto miner’s gold production spikes 199%

    October 24, 2018 by Canadian Mining Journal

    AUSTRALIA – RNC Minerals announced a record quarterly gold production of 31,360 mined gold ounces in the third quarter of 2018. According to the company, such production represents a 199% increase when compared to the third quarter of 2017 and

  • News

    Cameco reports $50M loss as uranium languishes

    November 6, 2017 by Canadian Mining Journal

    VANCOUVER — Canada’s Cameco (TSX: CCO; NYSE: CCJ) is in damage control amidst the worst uranium market in over a decade. The company’s underwhelming third-quarter results were plagued by a 20% year-on-year drop in spot U3O8 prices, and production delays at its Key

  • News

    PALLADIUM: NAP returns to profitability in Q2

    August 2, 2017 by Canadian Mining Journal

    TORONTO – This year’s second quarter marked the return to profitability for North American Palladium (NAP) since financial restructuring in mid-2015. Net income was C$7.9 million due to higher metal production (up 41%) and improved prices (up 43%) compared to

  • News

    Q2 review of Canada’s largest gold producers

    August 2, 2017 by Canadian Mining Journal

    VANCOUVER — The Northern Miner presents a round-up of second quarter results from Canada’s largest gold producers by market capitalization, namely: Barrick Gold (TSX: ABX; NYSE: ABX);  Agnico Eagle Mines (TSX: AEM; NYSE: AEM); and Goldcorp (TSX: G; NYSE: GG). The review includes a summary of financial results,

  • News

    COAL, COPPER, ZINC: Teck takes write offs, records quarterly loss

    October 22, 2015 by Canadian Mining Journal

    VANCOUVER – Third quarter results have not been kind to Teck Resources. The company took impairment charges totalling $2.2 billion after taxes. That amounts to $1.5 billion on metallurgical coal assets, $300 billion on copper, $19 million on zinc, and