Canadian Mining Journal

  • News

    URANIUM: Cameco, Orano Canada suspending Sask. operations due to COVID-19

    March 24, 2020 by Canadian Mining Journal

    SASKATCHEWAN – Uranium companies Cameco and Orano Canada are suspending mining and processing activities at their operations in the northern part of the province due to the COVID-19 threat. The two companies jointly agreed to suspend production activities: Cameco operates

  • News

    COVID-19: South African mines to suspend operations for 21 days

    March 24, 2020 by Canadian Mining Journal

    On Monday evening, South Africa’s president Cyril Ramaphosa announced a 21-day nationwide lockdown as of midnight on Mar. 26 to slow the spread of the COVID-19 virus. As a result, companies operating mines in the country, such as Anglo American,

  • 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: Kirkland Lake reduces Detour Lake activities due to COVID-19

    March 23, 2020 by Canadian Mining Journal

    TORONTO – Kirkland Lake Gold has announced that it is temporarily reducing its workforce at the Detour Lake mine site to 300 people due to the COVID-19 threat; the camp typically hosts 1,100 workers. As part of its COVID-19 response

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    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

    COPPER: Nevada Copper looks to strengthen balance sheet

    March 19, 2020 by Canadian Mining Journal

    NEVADA – As its Pumpkin Hollow underground mine ramps up to commercial production, Nevada Copper has entered into non-binding arrangements for a balance sheet strengthening package. The company is working to reach binding agreements in the next two weeks. “This

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    GOLD: Alamos to acquire Island Gold royalty for $75M

    March 16, 2020 by Canadian Mining Journal

    TORONTO – Alamos Gold has announced that it has entered into an agreement to acquire a 3% net smelter return (NSR) royalty on production from four claims at its Island Gold mine in Ontario for $75 million, reducing its company-wide

  • News

    GOLD: Iamgold employee tests positive for Covid-19

    March 16, 2020 by Valentina Ruiz Leotaud

    TORONTO – Canada’s Iamgold is closing its Toronto office for one week after one of its employees tested positive for Covid-19. In a media statement, the miner said that the employee was last in the Toronto office on Mar. 6, and is

  • News

    Colombia, Ecuador & Peru Snapshot: Companies active in prospective countries

    March 11, 2020 by Magda Gardner

    Colombia, Ecuador and Peru all host prospective geological settings for mineral exploration. While they remain under-explored by modern-day standards, South America’s reputation as an established mining destination gives a head start to companies looking to develop projects in these countries.

  • News

    GOLD: Pretium lowers Valley of the Kings reserve grade

    March 10, 2020 by Canadian Mining Journal

    BRITISH COLUMBIA – Pretium Resources has released updated resources and reserves for the Valley of the Kings zone at the Brucejack mine as well as an updated life of mine plan. Most notable is the 36% drop in the reserve

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    COPPER: Copper Mountain cuts targets amid market rout, virus fears

    March 10, 2020 by Cecilia Jamasmie

    BRITISH COLUMBIA – Copper Mountain Mining became on Tuesday the latest company to adjust plans due to ongoing markets collapse and near-term copper price uncertainty as a result of the rapidly spreading coronavirus panic. The Vancouver-based miner has revised its mine plan and

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    SILVER-GOLD: Vizsla hits high grades at Panuco

    March 9, 2020 by Canadian Mining Journal

    MEXICO – The initial seven holes completed by Vizsla Resources at the Panuco silver-gold project returned high-grade intercepts from an area surrounding historic workings as well as from a new vein discovery. Drill highlights include 3.55 metres of 364 g/t