Canadian Mining Journal

  • News

    Alamos reports record operating cash flows, ups dividend by 25%

    February 25, 2021 by Canadian Mining Journal Staff

    Gold miner Alamos Gold (TSX, NYSE: AGI) has announced record cash flow from operations, both for the fourth quarter and full year, with its 2020 financial results release. Production of 426,800 gold oz. for the year (120,400 oz. in the

  • News

    SPONSORED: Mobile LiDAR delivers unprecedented insights at BHP’s Olympic Dam mine

    February 25, 2021 by Emesent

    BHP’s Olympic Dam mine was an early adopter of Emesent’s Hovermap mobile LiDAR (light detection and ranging) system. First deployed in February 2019, Hovermap has become a ubiquitous tool that’s integral to the mine’s underground operational workflows. Geotechnical, engineering, geology

  • News

    Capstone reports 2020 operations beat with strong Q4

    February 24, 2021 by Canadian Mining Journal Staff

    Copper-focused miner Capstone Mining (TSX: CS) beat its production and costs guidance for 2020, driven by strong fourth-quarter output at both the Pinto Valley open pit mine in Arizona and at the Cozamin underground mine in Mexico. With a total

  • News

    Nevada is the world’s new top mining destination

    February 24, 2021 by Cecilia Jamasmie

    The U.S. state of Nevada is the new most attractive region for mining investors, replacing iron ore-rich Western Australia in the 2020 survey of resource and exploration companies released Tuesday by the Fraser Institute. The new version of the think-tank’s

  • News

    B2Gold registers record production, financials in 2020

    February 24, 2021 by MINING.COM Staff

    B2Gold (TSX: BTO) announced that it broke its own record in 2020 with total gold production of 1.04 million oz. and, thus, touched the upper end of its guidance range set between 1 million and 1.06 million gold ounces. In

  • News

    Eldorado posts initial resource for high-grade Ormaque deposit at Lamaque

    February 23, 2021 by Canadian Mining Journal Staff

    Eldorado Gold (TSX: ELD; NYSE: EGO) has released an initial resource estimate for the Ormaque deposit within its Lamaque operation in Quebec. The deposit, halfway between the operating Lamaque-Triangle mine and the Sigma processing facility, includes 2.6 million inferred tonnes

  • News

    Iamgold grows cash balance, adjusts Westwood reserve

    February 18, 2021 by Canadian Mining Journal Staff

    After releasing 2020 production figures of 653,000 oz. gold in January, Iamgold (TSX: IMG; NYSE: IAG) has followed up with its 2020 financial results. All-in sustaining costs for the year came in at US$1,232 per oz., leading to revenues of

  • News

    Costs decline at Copper Mountain in BC

    February 16, 2021 by Canadian Mining Journal Staff

    Last year, Copper Mountain Mining’s (TSX: CMMC; ASX: C6C) 75%-held namesake mine in B.C. recorded all-in costs of US$1.90 per lb. copper (cash costs of US$1.53 per lb. and all-in sustaining costs of US$1.69 per lb.), in line with the

  • News

    Kinross reports record free cash flow of $1B for 2020

    February 11, 2021 by Canadian Mining Journal Staff

    Toronto-based gold major Kinross Gold (TSX: K; NYSE: KGC) has released its fourth-quarter and year-end 2020 financial results. Production of 2.4 million gold-equivalent oz. for the year (624,032 oz. in the fourth quarter) at all-in sustaining costs of US$987 per

  • News

    Newmont updates industry-leading reserve portfolio

    February 10, 2021 by Canadian Mining Journal Staff

    Gold miner Newmont has reported its 2020 year-end reserve and resource update, outlining a total of 94.2 million oz. of attributable gold reserves — the largest in the industry. The release also notes that over 90% of this reserve inventory

  • News

    Barrick’s Loulo-Gounkoto beats guidance

    February 10, 2021 by MINING.COM Staff

    Barrick Gold’s (TSX: ABX; NYSE: GOLD) Loulo-Gounkoto mine complex delivered 680,215 ounces of gold in 2020, exceeding its full-year guidance, despite having faced multiple challenges including the Covid-19 pandemic and a military coup in Mali. The Loulo-Gounkoto complex comprises two

  • News

    Growing Equinox Gold on track towards 1M oz by 2023

    February 9, 2021 by Canadian Mining Journal Staff

    Over the next three years, Equinox Gold (TSX, NYSE: EQX) expects to continue with its trend of growing gold output, reaching 1 million oz. in annual production by 2023. The gold miner has provided 2021 guidance, with 600,000 to 665,000