Canadian Mining Journal

  • News

    Record gold output, but Hudbay posts loss in Q1

    May 12, 2021 by Canadian Mining Journal Staff

    Hudbay Minerals (TSX: HBM; NYSE: HBM) released its first quarter results today with record gold production of 35,500 oz. during that time. Consolidated copper production was 24,553 tonnes at a ‘sustaining cash cost’ of US$2.16 per lb. Despite strong metal

  • News

    Kirkland Lake reports strong Q1 for 2021

    May 6, 2021 by Canadian Mining Journal Staff

    Although gold volumes were down slightly, Kirkland Lake Gold (TSX: KL; NYSE: KL) reported strong first quarter results for 2021. Production of 302,847 oz. exceeded the top end of previously announced guidance for the quarter at 290,000 oz. Higher than

  • News

    B2Gold beats guidance with strong Q1 production

    May 5, 2021 by Canadian Mining Journal

    The first quarter of 2021 has been a strong one for B2Gold Corp. (TSX: BTO; NYSE: BTG; NSX: B2G) with gold production 9% over guidance at 220,644 oz. The company operates three gold mines – Fekola in Mali, Masbate in

  • News

    McEwen Q1 output down 13% to 30,600 gold-equivalent oz

    April 19, 2021 by Canadian Mining Journal

    Consolidated production by McEwen Mining for the first quarter included 23,300 oz. of gold and 493,200 oz. of silver, or 30,600 gold equivalent ounces. That number is down 13% from 35,100 gold equivalent ounces for the first quarter of 2020.

  • News

    Franco-Nevada posts ‘record’ results, grows royalty portfolio

    March 11, 2021 by Canadian Mining Journal Staff

    Franco-Nevada’s (TSX, NYSE: FNV) fourth-quarter and full-year results release includes ‘record’ annual results, two new streaming and royalty additions as well as a 15.4% increase to the quarterly dividend, starting in June. The company has also announced that it has

  • Kirkland Lake earnings boosted by Detour mine

    November 9, 2020 by Cecilia Jamasmie

    Kirkland Lake Gold‘s (TSX: Kl; NYSE: KL; ASX: KLA) acquisition of Detour Gold and its Detour Lake mine in Ontario earlier this year now accounts for more than 40% of the company’s 2020 free cash flow. “We are extremely pleased

  • Kinross shares up on Q3 results

    November 9, 2020 by MINING.COM Staff

    Kinross Gold reported production of 603,312 attributable gold-equivalent oz. in the third quarter of 2020, compared with 608,033 gold-equivalent oz. over that same period last year. According to the company, the decrease was largely due to lower production at Paracatu, Maricunga

  • Mountain Province sees ‘positive momentum’ in battered diamond market

    November 5, 2020 by Canadian Mining Journal

      Since resuming regular diamond tenders in September, Mountain Province Diamonds has seen prices for its goods start to rise. In fact, the diamond junior, which owns a 49% stake in the Gahcho Kué mine in the Northwest Territories, says

  • Franco-Nevada posts record revenues, income

    November 5, 2020 by Canadian Mining Journal

    With most major mining assets back up and running after COVID-related stoppages earlier this year, and amidst strong commodity prices, royalty company Franco-Nevada has reported record third-quarter financial results. These include new records in revenues recorded, at US$279.8 million, adjusted

  • GOLD: Falling peso affects Torex’s Q1

    May 6, 2020 by Canadian Mining Journal

    TORONTO – A “wild swing” in the Mexican peso weighed on Torex Gold‘s first quarter, despite solid production of 108,537 oz. gold at the company’s El Limon Guajes mining complex in Guerrero state. In a release, Torex president and CEO

  • News

    COPPER-ZINC: Hudbay Q3 results on track to meet 2019 production guidance

    November 12, 2019 by Canadian Mining Journal

    TORONTO – Hudbay Minerals reported Q3 operating and financial results which put it on track to meet its 2019 production guidance. Company wide Q3 copper production came in at 36,422 tonnes with an additional 28,639 tonnes of zinc as well

  • News

    GOLD: KLGold breaks records with Q3 results

    November 6, 2019 by Canadian Mining Journal

    TORONTO – High grade gold miner Kirkland Lake Gold has posted record cash flows and net earnings – $0.84 per share – for Q3 2019 (all figures U.S. dollars). The company credits strong production growth and better unit costs. Net