Canadian Mining Journal



  • News

    AngloGold terminates JV with Equinox

    August 20, 2018 by Canadian Mining Journal

    AngloGold Ashanti (NYSE: AU) has terminated the earn-in joint venture at Equinox Gold’s (TSXV: EQX; US-OTC: EQXGF) Aurizona gold mine project in northeastern Brazil. Equinox now has a 100% interest in the project. AngloGold spent US$9 million on exploration activities at Aurizona

  • McEwen Mining borrows US$50M for Gold Bar construction

    August 16, 2018 by Canadian Mining Journal

    McEwen Mining (TSX: MUX; NYSE: MUX) has closed a US$50 million senior secured three-year term loan first announced in late May, with the funds earmarked for completion of construction at the company’s new Gold Bar gold mine in Nevada, and for

  • News

    GOLD: Donlin project completes environmental process, receives key permits

    August 14, 2018 by Canadian Mining Journal

    ALASKA – The Donlin project – a 50:50 joint venture of Toronto’s Barrick Gold and Vancouver’s NovaGold Resources – has reached a major milestone in the advancing one of the largest undeveloped gold deposits in the world. The U.S. Bureau

  • News

    Condor receives La India permit in Nicaragua

    August 14, 2018 by Canadian Mining Journal

    Condor Gold (TSX: COG; LON: CNR) has received an environmental permit to build and operate a 2,800 tonnes per day processing plant at its 100% owned La India gold project in Nicaragua. The news comes after what company CEO Mark Child

  • News

    COPPER: Ivanhoe reviews Kamoa-Kakula development

    August 13, 2018 by Canadian Mining Journal

    DEMOCRATIC REPUBLIC OF CONGO – Toronto-based Ivanhoe Mines says a pre-feasibility study for phase one of the Kamoa-Kakula copper project is underway and due to be completed by the end of 2018. Ivanhoe is planning a US$1.2 billion project including

  • News

    SILVER: Alexco drills 12 metres at 1,019 g/t true width

    August 9, 2018 by Canadian Mining Journal

    YUKON – The initial results from the 2018 drilling program at the Bermingham silver deposit in the Keno Hill silver district are in. Owner Alexco Resource Corp. of Vancouver said results from 14 of the 26 surface and underground holes

  • News

    GOLD: Anaconda has permits in hand for bulk sampling at Goldboro

    August 1, 2018 by Canadian Mining Journal

    NOVA SCOTIA – Toronto’s Anaconda Mining has received the necessary permits to take a 10,000-ton bulk sample from the underground workings of the Goldboro project. The company has hired Cementation Canada as the mining contractor to take the sample and

  • News

    ZINC-COPPER-GOLD: Aquila shares positive FS for the Back Forty project

    August 1, 2018 by Canadian Mining Journal

    MICHIGAN – Toronto-based Aquila Resources says the feasibility study for an open pit at the Back Forty zinc-copper-gold project on the Upper Peninsula is positive. The after tax net present value with a 6% discount rate is $208 million (all

  • News

    Financing uptrend continues, PDAC report says

    July 30, 2018 by Canadian Mining Journal

    The following is an edited summary from the Prospectors & Developers Association of Canada report, State of Mineral Finance 2018: Gaining Momentum. For more information and to read the full report, visit www.pdac.ca. After a prolonged downturn in mineral industry activity, 2016

  • POTASH: Encanto, Muskowekwan secure federal funds for mine

    July 24, 2018 by Canadian Mining Journal

    SASKATCHEWAN – The Muskowekwan First Nation and Encanto Potash Corp. of Vancouver have confirmed that the government of Canada will provide funding for the upcoming engineering work for the Muskowekwan potash solution mine near the town of Lestock. The funds

  • News

    GOLD: Equinox begins stockpiling ore at Aurizona mine

    July 24, 2018 by Canadian Mining Journal

    BRAZIL – Equinox Gold of Vancouver has begun stockpiling ore from the open pit Aurizona gold mine in the Maranhao state in preparation to resume production. Construction at the project is on time and on budget to pour gold by

  • GOLD: Winter Drilling Strengthens Model for Large-Scale Intrusive Hosted Gold System at Éléonore South

    July 18, 2018 by Canadian Mining Journal

    TORONTO – Eastmain Resources Inc. is pleased to announce the receipt of assay results from 32 drill holes totalling 5,449 m completed during the winter drilling campaign at the Éléonore South Joint Venture (ESJV) Property (Eastmain-Goldcorp-Azimut). This phase completes the H2/2017-H1/2018 diamond