Canadian Mining Journal



  • News

    GOLD: KLGold breaks records with Q3 results

    November 6, 2019 by Canadian Mining Journal

    TORONTO – High grade gold miner Kirkland Lake Gold has posted record cash flows and net earnings – $0.84 per share – for Q3 2019 (all figures U.S. dollars). The company credits strong production growth and better unit costs. Net

  • News

    ZINC-LEAD-SILVER: Trevali reports record quarterly zinc production

    November 6, 2019 by Canadian Mining Journal

    VANCOUVER – Trevali Mining Corp. released Q3 financial and operating results from its operations located in Canada, South America and Africa. Q3 zinc production came in at 106.8 million pounds payable, a new record for the company and a slight

  • News

    GOLD-COPPER: Azimut, SOQUEM discover multiple new zones at Rex project

    November 6, 2019 by Canadian Mining Journal

    QUEBEC – Montreal-based Azimut Exploration and strategic partner SOQUEM report drilling multiple new gold-copper zones of mineralization on the Rex-Duquet property in Nunavik. SOQUEM supplied $4 million for work at the site, and Azimut is the operator. Azimut believes work

  • News

    OILSANDS: Suncor Q3 results fall off

    October 31, 2019 by Canadian Mining Journal

    CALGARY – The waning fortunes of the petroleum industry are reflected in Suncor Energy’s Q3 2019 results. The company generated $2.7 billion from operations, down 17% from $3.1 billion during the same quarter in the previous year. Cash flow provided

  • News

    DIAMONDS: Stornoway still seeking partner to ease finances

    August 15, 2019 by Canadian Mining Journal

    QUEBEC – Stornoway Diamond Corp. of Montreal released its Q2 2019 report and repeated its plea for a partner or buyer for the money-losing Renard mine 350 km north of Chibougamau. The company began the hunt for a buyer or

  • News

    GOLD: Barrick has strong Q2, sees annual production at top of guidance

    August 12, 2019 by Canadian Mining Journal

    TORONTO – Barrick Gold dropped its Q2 numbers on Aug. 12 with gains in revenue, net earnings, as well as production of both gold and copper. Even all-in sustaining costs, which at $869 per oz. of gold, were up 5%

  • GOLD: Kirkland Lake posts glowing Q2 with more ounces, less cost

    July 31, 2019 by Canadian Mining Journal

    TORONTO – Kirkland Lake Gold wrapped up Q2 2019 with more gold, strong net earnings, revenue growth, and solid cash flow in the second quarter of this year. Gold production in Q2 2019 was 214,593 oz., up 31% from 164,685

  • LITHIUM: Nemaska Lithium Provides Whabouchi Project Update

    May 16, 2019 by Canadian Mining Journal.

    Nemaska Lithium Inc. provided an update on the overall Whabouchi project and disclosed its quarterly financials. “We have made good overall progress during the past months on both the construction at the Whabouchi mine and the detailed engineering at the

  • FINANCIAL: Gross revenue for BC miners hits a record high of $12.3 billion

    May 16, 2019 by Canadian Mining Journal.

    VANCOUVER – The BC mining sector posted positive results for the second consecutive year, coming after a period of lower commodity prices and reduced activity. According to PwC Canada’s BC Mine report, prices for most metals and minerals produced in the province improved in

  • News

    GOLD: Record earnings, free cash flow for KLGold in Q1

    May 7, 2019 by Canadian Mining Journal

    TORONTO – According to Q1 results, Kirkland Lake Gold is headed for a profitable 2019. The company said its cash position was up 25% to reach $83.9 million (figures in U.S. dollars). Operating cash flow grew 95% to $174.4 million,

  • News

    GOLD: Iamgold generates Q1 revenue of $250M

    May 7, 2019 by Canadian Mining Journal

    TORONTO – Iamgold Corp. sold 190,000 oz. of gold in the quarter ended March 31, 2019, for revenues of $251 million (all figures U.S. dollars), but still recorded a net loss attributable to equity  holders of $41.3 million. All-in sustaining

  • News

    GOLD: TMAC enjoys first positive earnings in Q1

    May 2, 2019 by Canadian Mining Journal

    TORONTO – TMAC Resources has recorded its first positive earnings for Q1 2019.  The quarterly revenue was C$67.9 million (compared to C$33.0 million in the same quarter a year earlier). That translated into a comprehensive profit of C$7.2 million for