Gold
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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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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…
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Premier updates ‘cornerstone asset’ PEA for McCoy-Cove
Following last month’s announcement of the sale of Premier Gold Mines to Equinox Gold, Premier has released an updated preliminary economic assessment for its McCoy-Cove property in Nevada. The past-producing asset will be part of i-80 Gold, a U.S.-focused spin-out…
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Roxgold hits high gold grades at Seguela in West Africa
Roxgold has released assay results for reverse-circulation and diamond tail drilling completed at the Koula deposit within its Seguela development project in Côte d’Ivoire. The drill highlights include 14 metres of 42.9 g/t gold starting at 61 metres; 11 metres…
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Moneta Porcupine acquires O3 Mining’s Garrison project in Timmins camp
O3 Mining (TSXV: OIII; US-OTC: OIIIF) is selling its Golden Bear assets, including the Garrison gold project, to Moneta Porcupine Mines (TSX: ME; US-OTC: MPUCF) and taking a 30% stake in the company in a deal worth about $48 million.…
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Barrick meets mid-range of 2020 production guidance
Last year, gold major Barrick met the midpoint of its gold and copper output targets. The miner generated a total of 4.8 million oz. of gold and 457 million lb. of copper in 2020, which falls in line with its…
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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…
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Geology Corner: The nuts and bolts of feasibility studies on gold
Of the 123 global gold projects with completed feasibility studies or ones being worked on, 50 projects are orogenic deposits; 24 are epithermal deposit types, and eight are porphyry deposits, according to Glacier Resource Innovation Group’s Mining Intelligence database. The…
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Segovia continues to deliver for Gran Colombia with over 220,000 oz gold in 2020
Gran Colombia Gold churned out 220,194 oz. of gold from its operations in Antioquia, Colombia, 180 km northeast of Medellin last year, meeting its production guidance for the fifth year in a row. The company had guided for production of…
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Great Bear hits more shallow, high-grade gold at the LP Fault
Great Bear Resources has released assay results for 22 holes drilled into the LP Fault at its Dixie project in Ontario’s Red Lake district. The most recent release includes results for 15 holes, drilled on sections 25 to 50 metres…
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Canterra doubles Newfoundland holdings
Canterra Minerals has doubled its land holdings in central Newfoundland, to 236 sq. km, from 104 sq. km previously, through staking. The company’s land position lies along the Rogerson Lake structural corridor. The nine new licences cover an additional 20…
