Canadian Mining Journal

  • News

    Hudbay boosts gold reserves, production forecast in Manitoba

    April 7, 2020 by Steve Stakiw

    In its recent annual mineral reserve and resource update, mid-tier copper producer Hudbay Minerals (TSX: HBM; NYSE: HBM) provided some market optimism in the form of a major boost in gold at its Lalor mine within the Snow Lake Mining complex in

  • GOLD: TMAC releases Hope Bay PFS with new 4,000 t/d plant scenario

    March 30, 2020 by Canadian Mining Journal

    NUNAVUT – TMAC Resources has released key results from a prefeasibility study completed for its wholly owned Hope Bay property, which includes an operating mine. Last year, Hope Bay produced 139,510 oz. of gold; with release of its fourth quarter

  • Barrick updates 10-year plan

    March 30, 2020 by Carl Williams

    Barrick Gold (TSE: ABX; NYSE: GOLD) has unveiled a 10-year gold production plan in which it aims to maintain production levels of approximately 5 million oz. gold per year between 2020 and 2029. The plan is based on its current operating

  • News

    Global Gold Snapshot: Eight companies to watch

    March 24, 2020 by Magda Gardner

    Given the market volatility from the spread of COVID-19, the outlook for gold remains uncertain. Nevertheless, gold exploration and mine development remain important drivers of mining activity. Here are eight companies with exposure to gold and precious metals. Bear Creek

  • News

    GOLD: B2Gold implements precautionary measures at mine sites

    March 23, 2020 by MINING.COM Staff

    VANCOUVER – B2Gold issued a statement saying that even though it hasn’t shut down operations due to the COVID-19 pandemic, it has put measures in place and introduced additional precautionary steps to manage and respond to the risks associated with the

  • News

    ZINC: Trevali beats 2019 production guidance

    January 21, 2020 by Canadian Mining Journal

    VANCOVER – Last year, Trevali Mining beat its operating guidance: production of 417 million lb. of payable zinc came in ahead of earlier forecasts of 361 million lb. to 401 million lb. In addition, the 50.3 million lb. of lead

  • News

    GOLD: Eldorado discovers new zone at Lamaque

    January 16, 2020 by Canadian Mining Journal

    QUEBEC – Eldorado Gold has announced the discovery of a new zone of gold mineralization, the Ormaque zone, at its Lamaque gold operations. Drill highlights include: 27.3 metres of 10.2 g/t gold; 12.3 metres of 26.82 g/t gold; and 16.25

  • News

    GOLD: Alamos steps out at Island Gold

    January 16, 2020 by Canadian Mining Journal

    ONTARIO – The latest exploration release from Alamos Gold’s Island Gold mine suggest presence of high-grade mineralization up to 200 metres outside of the current resource limits. The company reported intercepts from three gold-bearing zones below and to the east

  • News

    GOLD: Torex upgrades Media Luna resource

    January 14, 2020 by Canadian Mining Journal

    MEXICO – Torex Gold has released an updated resource for its Media Luna deposit at the Morelos project with 12.6 million tonnes at 5.55 g/t gold-equivalent in the indicated category for a total of 2.24 million oz. and 33.5 million

  • News

    COPPER: Copper Mountain plans for growth

    January 13, 2020 by Canadian Mining Journal

    BRITISH COLUMBIA – Copper Mountain Mining has released 2019 operating results and provided three-year production guidance for its 75%-owned Copper Mountain mine. The company’s total production of 87.2 million lb. copper-equivalent last year came in at the lower end of

  • News

    GOLD: Iamgold to sell its interest in Sadiola to Allied Gold

    December 23, 2019 by Canadian Mining Journal

    MALI – Canadian gold producer Iamgold has announced that it has entered into an agreement to sell its 41% interest in the Sadiola joint venture to Australian-based Allied Gold for total consideration of up to US$52.5 million in cash. Under

  • News

    GOLD: Kirkland Lake expects up to 1 million oz. next year from Macassa, Fosterville and Holt

    December 19, 2019 by Canadian Mining Journal

    TORONTO – Kirkland Lake Gold has released three-year production guidance for its Macassa and Fosterville mines and provided an update on Holt. Next year, production from the three assets is expected to total 950,000 oz. to 1 million oz. at