News
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Eldorado to buy Quebec-focused QMX Gold for $132M
Eldorado Gold (TSX: ELD; NYSE: EGO) is buying QMX Gold Corp. (TSXV: QMX) by acquiring all the shares it doesn’t already own in the Quebec-focused explorer, in a deal worth $132 million (US$105 million). The friendly acquisition will see Eldorado,…
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Iamgold produces 653,000 gold oz., meets 2020 guidance
Iamgold announced on Monday attributable gold production of 653,000 oz. in 2020, at the mid-point of guidance of 630,000 to 680,000 oz. The company reported attributable gold sales of 646,000 oz. for the year and 172,000 oz. for the fourth…
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JV Article: The next generation of gold prospectors
Last year was a busy time for Vancouver-based Kenorland Minerals (TSXV: KLD). At the end of July 2020, the junior exploration company made a major grassroots gold discovery at the Regnault target on its Frotet project in the Frotet-Evans greenstone…
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First Mining PFS outlines 11-year, US$718M gold mine at Springpole
First Mining Gold has released the results of a prefeasibility study on an 11-year, 30,000 t/d open pit operation at its Springpole gold project in northwestern Ontario. The study suggests nine years of primary mining and processing, followed by just…
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Sabina grows Back River resources ahead of feasibility update
Developer Sabina Gold & Silver has released an updated resource for its Back River gold project in Nunavut, which shows resource growth in both the measured and indicated and inferred categories. Updated measured and indicated resources now total 33.5 million…
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MacLean, Cambrian College establish mining training and research partnership
MacLean Engineering, Canada’s largest manufacturer of underground mining vehicles, is partnering with Sudbury’s Cambrian College to support skills and technology development for the electric, automated, and digitalized mine of today and tomorrow. The MacLean Research and Training Facility in Sudbury,…
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Test your knowledge of mining equipment costs
How well do you know the costs of mining equipment? This short quiz from our friends at Costmine will test your knowledge. Try it now!
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‘Miners have to dare if they’re going to succeed’ says panel at Remote Roundup
The first day of the Association for Mineral Exploration’s (AME) Remote Roundup featured a government industry forum that brought together industry experts from across Canada and, for the first time, overseas, to discuss unlocking the potential of metals critical to…
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Clean Air Metals tables resource for Thunder Bay North based on underground scenario
Clean Air Metals has released updated resources for the PGM-cobalt-copper-nickel Current Lake and Escape Lake deposits within its Thunder Bay North project in Ontario, 50 km from Thunder Bay. The company now plans to advance Current Lake towards a preliminary…
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Argonaut closes out ‘spectacular’ year with record quarter
In the last quarter of 2020, Argonaut Gold posted record gold production of 56,986 gold-equivalent oz., which is a 16% increase over the 48,951 gold-equivalent oz. produced in the third quarter. The fourth-quarter gold output brings the company’s 2020 gold-equivalent…
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Alexco drills high silver grades below Bermingham deposit at Keno Hill
As Alexco Resource is starting up its Keno Hill silver mine in the Yukon, the company has reported drill results from its surface exploration program focused on the Bermingham Northeast Deep zone, approximately 150 metres below the existing resource. The…
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Pan American expects silver output to rise 35% in 2021
Americas-focused precious metals producer Pan American Silver has reported its 2020 production results and provided guidance for 2021. Last year’s silver and gold output – at 17.3 million silver oz. and 522,400 gold oz. – came in just below prior…
