Canadian Mining Journal

  • News

    Argonaut discovers four high-grade zones outside planned Magino pit

    November 23, 2020 by Canadian Mining Journal Editor

    Argonaut Gold has discovered four new, high-grade gold zones at its past-producing Magino gold project in Ontario. These four zones – Scotland, #42, Sandy and South – are either below or adjacent to the planned Magino pit boundaries and lie

  • News

    Victoria Gold’s John McConnell on launching a mine during a pandemic at the Global Mining Symposium

    November 23, 2020 by Carl Williams

    Victoria Gold (TSXV: VGCX) commenced production at its Eagle heap-leach mine in the Yukon on July 1 – perhaps the only new gold mine in the world to launch in the midst of a global health crisis. “It’s going reasonably

  • Cardinal beckons third party bidder amid takeover stalemate

    November 19, 2020 by MINING.COM Staff

    Cardinal Resources released a statement on Wednesday expressing its disappointment with the Australian Takeovers Panel’s decision not to intervene in the takeover battle between Shandong Gold and Nordgold, which has hit an impasse due to the conundrum surrounding statements made by

  • News

    GMV Minerals sees open-pit gold mine in Arizona

    November 10, 2020 by Carl Williams

    GMV Minerals (TSXV: GMV; US-OTC: GMVMF) has released the results of an updated preliminary economic assessment (PEA) for its wholly owned Mexican Hat gold project in southeastern Arizona, 116 km from Tucson. The PEA outlines an open-pit heap-leach mine with

  • News

    BMC tables updated feasibility for ‘silver-dominant’ mine in the Yukon

    November 9, 2020 by Canadian Mining Journal

    An updated feasibility study from privately held BMC Minerals for its wholly owned Kudz Ze Kayah (KZK) project in southeast Yukon suggests a “silver-dominant polymetallic mine” with strong cash flows and returns. The 2-million-tonne-per-year, predominantly open pit operation, would have

  • Troilus buys back royalty from First Quantum, raises $20M

    November 9, 2020 by Canadian Mining Journal

    Troilus Gold has entered into a definitive agreement to buy back a sliding 2.5% net smelter royalty (NSR) on 81 mineral claims and one mining lease (the Troilus mine) from First Quantum Minerals. As consideration for this repurchase, Troilus will

  • News

    Caldas Gold posts record intercept at Marmato in Colombia

    November 9, 2020 by Northern Miner staff

    Caldas Gold has reported high-grade assays from its Marmato asset in Colombia, including a record 5.73 g/t gold and 5.2 g/t silver over 63 metres from 356 metres downhole. The intercept, in drillhole MT-IU-076, was part of a broader 385.7-metre

  • News

    Artemis pegs Blackwater mine to be US$10B ‘economic engine’ to BC economy

    November 5, 2020 by MINING.COM Staff

    Artemis Gold’s Blackwater gold project would contribute more than $12.2 billion to the B.C. economy over its 23-year mine life, according to an economic impact study released by the company. The study, conducted by KPMG, focuses on job creation, fiscal revenues

  • News

    Wesdome on track to meet guidance, invests in Eagle River and Kiena

    November 4, 2020 by Canadian Mining Journal

    Gold producer Wesdome Gold Mines generated a total of 20,008 oz. from its Eagle River complex in Ontario in the third quarter of this year, at all-in sustaining costs of US$1,047 per oz. These latest numbers bring the company’s year-to-date

  • News

    Marathon Gold derisks Valentine with permitting milestone

    November 4, 2020 by Canadian Mining Journal

    Marathon Gold’s Environmental Impact Statement (EIS) for the Valentine gold project has been accepted for a formal review by the federal assessment agency, which, according to Marathon, is a significant milestone in the Environmental Assessment (EA) process for Valentine. After

  • News

    Rainbow, Bosveld to develop rare earths project in South Africa

    November 4, 2020 by Cecilia Jamasmie

    Africa-focused Rainbow Rare Earths (LSE: RBW) has signed an agreement with Bosveld Phosphates to co-develop the Phalaborwa rare earths project in South Africa. The asset contains about 35 million tonnes of gypsum resulting from historic phosphate hard rock mining, containing

  • News

    Class 1 Nickel updates Alexo-Dundonald resource, looks at direct-ship restart scenario

    November 3, 2020 by Canadian Mining Journal

    Class 1 Nickel and Technologies has tabled an updated resource estimate for its wholly owned Alexo-Dundonald nickel project, 45 km northeast of Timmins in Ontario. The updated resource consists of four deposits – Alexo North and South, and Dundonald North