Canadian Mining Journal



  • News

    GOLD: Premier locks up land next to South Arturo

    November 14, 2018 by Canadian Mining Journal

    NEVADA – Premier Gold Mines  has signed an option agreement with Ely Gold Royalties  to acquire its Rodeo Creek property, which sits adjacent to Premier’s South Arturo open pit mine, a joint venture operation in which it owns a 40% stake

  • DIAMONDS: De Beers is said to make big cuts in low end diamond prices

    November 13, 2018 by MINING.COM Staff

    BOTSWANA – De Beers made steep cuts in the prices of low quality stones at its sale this week, according to people familiar with the situation. The world’s biggest producer reduced prices as much as 10% for low quality stones,

  • GOLD: Caledonia buys back 15% interest in Blanket gold mine

    November 13, 2018 by Northern Miner Staff

    ZIMBABWE – Caledonia Mining has agreed to buy back Fremiro Investments’ 15% shareholding in the Blanket gold mine in Zimbabwe in a deal valued at US$16.6 million. After completing the transaction, Caledonia will own 64% of Blanket. Under the terms of the

  • COPPER: Top copper miner’s output slump adds to worry on metal shortfall

    November 12, 2018 by MINING.COM Staff

    A tight copper market may be set to get a lot tighter, if a report this week from the world’s biggest miner of the metal is any indication. Santiago-based Codelco posted the lowest quarterly copper production this year in the

  • News

    GOLD: Kinross on track for 2018 production and costs

    November 8, 2018 by Canadian Mining Journal

    TORONTO – Kinross Gold has released its third quarter results that indicate the company achieved solid production and generated a cash flow. Operations in Nevada, Brazil, Ghana and Russia all performed well, said the company. On the production side, the

  • News

    DIAMONDS: Alrosa recovers first rough diamond over 50 carats from new Yakutia deposit

    November 8, 2018 by Canadian Mining Journal

    RUSSIA – Russia’s Alrosa just recovered the first large gem quality rough diamond from its Verkhne-Munskoe deposit, which recently launched operations in Western Yakutia. In a press release, the world’s top diamond producer said the transparent round shaped octahedron crystal with

  • News

    GOLD: B2Gold hits record gold production in Q3

    November 8, 2018 by Canadian Mining Journal

    VANCOUVER – B2Gold produced a record 242,020 oz. of gold in 2018’s third quarter, 78% higher than in the same quarter of the previous year. It attributed its success to strong performances from the Kekola mine in Mali, the Masbate mine

  • COMMENT: Acacia takeover by merged Barrick an option

    November 7, 2018 by Marilyn Scales

    UNITED KINGDOM – The buyout of Acacia Mining’s minority shareholders by the new, larger Barrick Gold is one option, said Mark Bristow, CEO of Randgold Resources. Toronto-based Barrick, which owns about 64% of Acacia, and Randgold are merging in a

  • News

    DIAMONDS: Stornoway seeks more resources at Renard mine

    November 7, 2018 by Canadian Mining Journal

    QUEBEC – Since the beginning of the year, Stornoway Diamond Corp. of Montreal has been drilling and sampling at the Renard diamond mine in the James Bay region, about 350 km north of Chibougamau. The aim is to upgrade resources

  • News

    GOLD: SSR Mining outlines work at Seabee mine

    November 7, 2018 by Canadian Mining Journal

    SASKATCHEWAN – Vancouver’s SSR Mining says exploration work at its Seabee gold mine 125 km northeast of La Ronge has outlined new gold resources and increased the company’s confidence that mineralization is continuous along the Santoy Gap hanging wall. Here

  • News

    Guyana Goldfields cuts production guidance at Aurora

    November 7, 2018 by Canadian Mining Journal

    Shares of Guyana Goldfields (TSX: GUY; US-OTC: GUYFF) plunged 46% to $1.62 on news that the company has cut its 2018 production guidance and launched a review of the underlying resource model at its Aurora gold mine. The company has hired engineering

  • Caledonia buys back 15% interest in Blanket gold mine

    November 7, 2018 by Canadian Mining Journal

    ZIMBABWE – Caledonia Mining has agreed to buy back Fremiro Investments’ 15% shareholding in the Blanket gold mine in Zimbabwe in a deal valued at US$16.6 million. After completing the transaction, Caledonia will own 64% of Blanket. Under the terms of the