Canadian Mining Journal


Gold


  • JV Article: Osino Resources’ Twin Hills on track to be Namibia’s next multi-million-ounce gold mine

    May 18, 2021 by Canadian Mining Journal Staff

    Osino Resources (TSXV: OSI; US-OTC: OSIIF) plans to make its Twin Hills gold project in the Karibib gold district of central Namibia, 150 km northwest of the capital Windhoek, the “quickest discovery to production story in recent memory,” says the company’s co-founder

  • News

    Rio Tinto makes $25.6M investment in Western Copper and Gold

    May 17, 2021 by Canadian Mining Journal Staff

    Rio Tinto Canada is making a $25.6-million strategic investment in Western Copper and Gold (TSX: WRN; NYSE: WRN) of Vancouver. The international miner will purchase 11.8 million common shares of Western at a price of $2.17 per share. Rio will

  • News

    Benchmark counts 1.5M oz gold in potential Lawyers pit

    May 17, 2021 by Canadian Mining Journal Staff

    The initial resource estimate from Benchmark Metals (TSXV: BNCH) for the former Lawyers gold-silver mine puts in pit gold content at 1.5 million oz. and silver at 49.0 million oz. in the indicated category. Using a 0.5 g/t gold equivalent

  • News

    Granada Gold hits more rare earth, alkali metals on Big Claim

    May 13, 2021 by Canadian Mining Journal Staff

    First reported in March 2021, the drilling continues to intersect rare earth and alkali metals on the Big Claim near Rouyn-Noranda, Que. Owner and operator Granada Gold Mine (TSXV: GGM) said there are more such intersections in hole GR-20-22 about

  • News

    The Northern Miner Podcast – episode 238: ‘Increase the size of the pie’ — Barrick emphasizes shared revenue model with local communities

    May 13, 2021 by Canadian Mining Journal Staff

    This week’s episode features Barrick Gold’s Q1 2021 conference call with president and CEO Mark Bristow, who discusses the company’s move towards sharing more revenue and employment opportunities with local communities. He also expands on the company’s strategy to focus on

  • News

    Record gold output, but Hudbay posts loss in Q1

    May 12, 2021 by Canadian Mining Journal Staff

    Hudbay Minerals (TSX: HBM; NYSE: HBM) released its first quarter results today with record gold production of 35,500 oz. during that time. Consolidated copper production was 24,553 tonnes at a ‘sustaining cash cost’ of US$2.16 per lb. Despite strong metal

  • Coeur takes 17.8% stake in Victoria Gold

    May 11, 2021 by Canadian Mining Journal Staff

    Coeur Mining (NYSE: CDE) is acquiring a 17.8% stake in Victoria Gold (TSX: VGCX), which owns and operates the Eagle gold mine in the Yukon, from Orion Mine Finance. The acquisition of 11 million Victoria shares at $13.20 per share

  • News

    Spanish Mountain PFS looks to 2.1M oz gold in reserves

    May 11, 2021 by Canadian Mining Journal Staff

    Spanish Mountain Gold (TSX: SPA) has released a prefeasibility study and updated resource estimate for its eponymous project east of Williams Lake in central British Columbia. Reserve numbers are also included for the higher grade portion of the orebody near

  • News

    Skeena to raise $50M for Eskay Creek gold project

    May 11, 2021 by Canadian Mining Journal Staff

    Skeena Resources (TSX: SKE) of Vancouver has announced a $50-million bought deal public offering with which to advance work at its Eskay Creek gold project. The company will issue 16.1 million shares at a price of $3.10 each, and the

  • News

    Partnership with MSALABS to bring Chrysos gold assay tech to Canada

    May 11, 2021 by Canadian Mining Journal Staff

    Chrysos Corporation, pioneer of the revolutionary PhotonAssay technology, and MSALABS, a global provider of geochemical laboratory services for the exploration and mining sectors, have announced a global partnership to deliver Chrysos’ ground-breaking assay solution to the international mining industry. The

  • News

    GoGold closes $28M offering for Mexican projects

    May 10, 2021 by Canadian Mining Journal Staff

    Halifax-based GoGold Silver and Gold (TSX: GGD) has closed a bought deal financing worth $28.8 million to support work at its Los Ricos North and South projects in Jalisco state, Mexico. The original offering was for 10 million common shares

  • News

    Monarch awards Beaufor resource estimate contract to BBA

    May 10, 2021 by Canadian Mining Journal Staff

    Monarch Mining (TSX: GBAR) has awarded the contract for a new resource estimate at the Beaufor gold mine to BBA. The mine, located 20  km north of Val d’Or, Que., produced over 1.1 million oz. of gold and Monarch says