News
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Jama launches new generation of mobile rescue chamber
As a part of the development of the mining industry of the future, Jama has launched the new mobile rescue chamber MRC 2. The stainless steel chamber seats up to eight people comfortably at room temperature, provides clean, fresh air…
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Serbia to become Europe’s no. 2 copper producer thanks to Cukaru Peki mine
China-backed Serbia Zijin Mining, a wholly-owned subsidiary of Zijin, has obtained a permit from the Serbian government to start mining activities at the Cukaru Peki copper and gold mine, part of the Timok project, in the country’s east. The country’s…
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Coeur invests record US$68M in exploration for 2021
Coeur Mining (NYSE: CDE) is shattering its own records for exploration spending this year, with major programs at its Silvertip silver-zinc-lead mine in B.C. and its Crown gold project in Nevada. In the first four months of 2021, the U.S.-based…
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Fortune Bay expands Athona gold deposit in Saskatchewan
Fortune Bay (TSXV: FOR) has expanded the Athona gold deposit thanks to the results of phase one drilling. The deposit is part of the its 100%-owned, advanced Goldfields exploration project 15 km south of Uranium City, Sask. Six diamond drill…
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Alamos reports best hole to date – 71 g/t gold – at Island Gold
Alamos Gold (TSX: AGI; NYSE: AGI) has drilled the highest grade intersection yet at its Island Gold mine about 85 km from Wawa, Ont. Hole MH25-08 returned an uncut 71.21 g/t gold (39.24 g/t cut) over 21.3 metres. Hole MH25-07…
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Denison and UEX hash out $40.5M joint ownership deal for JCU
Denison Mines (TSX: DML) and UEX Corp. (TSX: UEX) have hashed out a deal that will see each company with a 50% interest in JCU Exploration, a subsidiary of Overseas Uranium Resources Development Co. (OURD). Last month, Denison offered $40.5…
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Orbital Sidekick to launch powerful hyperspatial imaging satellite
Orbital Sidekick (OSK) announced today the upcoming launch of its newest and most powerful hyperspectral imaging satellite, Aurora. Aurora leverages OSK’s previous experience collecting and analyzing hyperspectral data to provide action-oriented insights on the world around us, with a broad…
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Teck Resources on track to double copper output by 2023
Teck Resources (TSX: TECK.A/TECK-B; NYSE: TECK) is preparing to double its copper output by 2023 to take advantage of accelerated metal demand from global economic growth and the transition to a lower-carbon economy, president and CEO Don Lindsay tells The…
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Voisey’s Bay underground expansion delivers first ore
June 11 marked the milestone first production of ore from the underground expansion project at the Voisey’s Bay nickel-cobalt mine owned by Vale SA (NYSE: VALE). The mine is located on the north cost of Labrador, about 35 km south…
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Yamana expands Wasamac land package ahead of updated feasibility
After acquiring Monarch Gold for $152 million in November for its Wasamac gold project in the Abitibi-Temiscamingue region of Quebec, Yamana Gold (TSX: YRI; NYSE: AUY; LSE: AUY) is expanding its land package around the project. The gold miner also…
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New poll says majority of Indigenous people support resource development
A new poll conducted by Environics Research for the Indigenous Resource Network (IRN)found that 65% of respondents support natural resource development. Only 23% said they were opposed. Asked if a new project were to be proposed near their own community,…
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Karora aims to be a carbon neutral junior gold miner
Karora Resources (TSX: KRR) is partnering with The Net Zero Company to establish a pathway to become one of the world’s first net zero junior gold miners. The Toronto-based company with assets in Australia says the pathway will involve setting…
