News
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Equinox to buy Premier Gold in US$480M all-stock deal
Equinox Gold (TSX: EQX; NYSE-AM: EQX) is buying fellow miner Premier Gold Mines (TSX: PG), which will spin out its Nevada assets in a new U.S.-focused gold miner to be called i-80 Gold Corp. The all-stock deal valued at $612…
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The Northern Miner Podcast – episode 217: Canadian Nuclear Association CEO John Gorman on the next generation of nuclear reactors
This week’s episode features an interview with Canadian Nuclear Association (CNA) president and CEO John Gorman, who discusses how nuclear power will play a key role in reducing greenhouse gas emissions. John explains how the next generation of nuclear reactors,…
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KORE to spin out BC-focused explorer Karus Gold
As it looks to advance its two development projects in California, KORE Mining has announced plans to spin out its B.C. exploration holdings to Karus Gold, a new corporation. As part of this transaction, all of the Karus common shares…
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PureGold sends first ore to the mill in Red Lake
Emerging miner Pure Gold Mining has introduced first ore to the mill at its PureGold mine in Red Lake, Ont. With first gold production expected later this month, the company will moving on to a full-scale ramp up of the…
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Surge Copper acquires option on 70% stake in Berg copper project
Explorer Surge Copper has entered into a definitive option agreement with Centerra Gold to hold the right to acquire a 70% interest in the Berg porphyry deposit in central B.C. Under the terms of the agreement, Surge can earn a…
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Wartsila, Lihir sign 10-year service agreement for 170 MW power plant in PNG
Technology group Wartsila has signed a 10-year tailored guaranteed asset performance agreement for power plant maintenance and operations advisory services for the Lihir gold mine, part of Australia-based Newcrest. The open pit mine is located on Lihir Island in Papua…
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Rio Tinto’s $6.75B Oyu Tolgoi expansion to kick off production in 2022
Rio Tinto (NYSE:RIO; LSE: RIO; ASX: RIO) unveiled on Wednesday that underground production from the Oyu Tolgoi copper-gold mine in Mongolia is slated to begin in October 2022, adding that it will come with a price tag of US$6.75 billion.…
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Orion to pay US$225M for 50% interest in Greenstone Gold Mines
Premier Gold Mines and Centerra Gold have entered into an agreement with an affiliate of the Orion Mine Finance Group pursuant to which Orion will acquire Centerra’s 50% interest in the Greenstone Gold Mines (GGM) partnership for cash consideration of…
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Roxgold grows Seguela resources in West Africa
The latest resource estimate for Roxgold‘s Seguela gold project in Cote d’Ivoire has increased total ounces, grown total indicated resources by 97%, and features an initial inferred resource for the Koula deposit. Indicated resources across the Antenna, Ancien, Agouti and…
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Great Panther replaces Tucano inventory
Gold and silver producer Great Panther Mining has updated reserves resources for its wholly owned Tucano open pit mine in Brazil. According to Rob Henderson, Great Panther’s president and CEO, the update has successfully replaced this year’s mining depletion at…
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Hexagon acquires Canadian distributor of CADWorx and analysis solutions
Hexagon’s PPM division, a provider of engineering software for the design, construction and operation of plants, ships and offshore facilities, has acquired CodeCAD, a software retailer and distributor of Hexagon’s CADWorx and Analysis Solutions in Canada. The CodeCAD acquisition consolidates…
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IsoEnergy plans 10,000-metre drill program at Larocque East
Following up on two successful drill programs this year at its Larocque East uranium property in Saskatchewan’s eastern Athabasca Basin, IsoEnergy is planning a 10,000-metre drill program to start in January. The 24-hole program will include expansion and infill drilling…
