Zinc and Lead
-
Trevali meets 2020 production guidance, expects higher output in 2021
Trevali Mining has released its 2020 production results, as well as production and costs guidance for 2021. Last year, the miner generated 313 million lb. of zinc, in line with its guidance for 312 million lb. to 327 million lb.…
-
Lucky Friday ramp-up buoys Hecla’s 2020 silver production
Buoyed by the ramp-up of its Lucky Friday mine in Idaho, following a nearly three-year strike by unionized workers at the operation, Hecla Mining produced 13.5 million oz. of silver in 2020 – the highest since 2016. The strike, which…
-
Bear Creek raising $30M in bought deal
Bear Creek Mining is raising $30 million in a bought-deal financing led by Stifel GMP. The net proceeds of the offering are expected to be used for ongoing development work at the company’s flagship Corani silver-lead-zinc project in southern Peru…
-
HighGold plans to ‘make hay while the sun shines’ at Johnson Tract in Alaska
HighGold Mining (TSXV: HIGH; US-OTC: HGGOF) has released the latest results from its 2020 drill program at its flagship Johnson Tract (JT) poly-metallic project in Alaska, about 200 km southwest of Anchorage. Assays for four drill holes, including additional step-outs…
-
Alexco produces first concentrate at Keno Hill silver mine in Yukon
Vancouver-based Alexco Resource has successfully commissioned the mill at its Keno Hill silver mine in the Yukon, with production of initial concentrates underway. Keno Hill consists of four deposits, including the past-producing Bellekeno underground mine, which is the initial source…
-
Sierra looks to expand mines in Peru, Mexico; grows resources
South American-focused miner Sierra Metals has released a preliminary economic assessment (PEA) on an expansion of its Yauricocha polymetallic mine in Peru’s Yauyos province. The early-stage study suggests a throughput increase to 5,500 t/d, up from 3,150 t/d currently –…
-
Fresnillo, Mag Silver on track at Juanicipio
Although the processing plant at their Juanicipio mine won’t be completed until next year, partners Fresnillo and Mag Silver were able to declare first production last month, by processing Juanicipio ore at Fresnillo’s nearby facilities. Initial production from the underground…
-
BMC tables updated feasibility for ‘silver-dominant’ mine in the Yukon
An updated feasibility study from privately held BMC Minerals for its wholly owned Kudz Ze Kayah (KZK) project in southeast Yukon suggests a “silver-dominant polymetallic mine” with strong cash flows and returns. The 2-million-tonne-per-year, predominantly open pit operation, would have…
-
Adriatic Metals secures US$28M financing package
Adriatic Metals has signed agreements to raise US$28 million from two new investors – Queen’s Road Capital Investment and the European Bank for Reconstruction and Development – following the recent release of a prefeasibility study on its flagship Vares silver…
-
BMC receives YESAB’s blessing for Yukon silver-zinc mine – with conditions
The Yukon Environmental and Socio-Economic Assessment Board (YESAB) has recommended that BMC Minerals‘ ABM silver-zinc project, at its Kudz Ze Kayah project, be allowed to proceed, paving the way for the private company to proceed with permitting. The positive recommendation…
-
Brixton teams with Friedland company on Hog Heaven project
Brixton Metals has entered a joint venture agreement on its wholly owned Hog Heaven project with High Power Exploration (HPX), a privately owned mining company led by billionaire and Ivanhoe Mines founder Robert Friedland. The Hog Heaven project is an advanced-stage…
-
Osisko reports high-grade hits outside pit boundaries at Pine Point
Osisko Metals has released assay results for four holes completed at the Central zone, around the O53 deposit, within its past-producing Pine Point zinc and lead project in the Northwest Territories. The drillholes, which returned high-grade intercepts from areas outside…
