Canadian Mining Journal



  • News

    US fund threatens Rio Tinto with legal action over Oyu Tolgoi finances

    December 1, 2020 by Cecilia Jamasmie

    The world’s second largest miner Rio Tinto (NYSE: RIO; LSE: RIO) is facing stronger headwinds over how to finance its massive Oyu Tolgoi underground copper project in Mongolia after a U.S. hedge fund threatened the company with legal action. Pentwater Capital, the

  • News

    Copper Mountain updates mine plan with 65,000 t/d mill expansion

    November 30, 2020 by Canadian Mining Journal Staff

    Copper Mountain Mining has announced an updated life-of-mine plan, completed at a pre-feasibility study level, for its 75%-owned Copper Mountain mine in southern B.C. The latest report incorporates a mill expansion to 65,000 t/d, up from 40,000 t/d currently and,

  • News

    Castle Mountain reaches commercial production for Equinox

    November 24, 2020 by Canadian Mining Journal Staff

    Equinox Gold’s Castle Mountain mine in California has declared commercial production. The open pit, heap-leach operation poured its first gold on Oct. 15 and is expected to generate 5,000 to 10,000 oz. of gold for the company this year. The

  • News

    Sierra looks to expand mines in Peru, Mexico; grows resources

    November 19, 2020 by Canadian Mining Journal Staff

    South American-focused miner Sierra Metals has released a preliminary economic assessment (PEA) on an expansion of its Yauricocha polymetallic mine in Peru’s Yauyos province. The early-stage study suggests a throughput increase to 5,500 t/d, up from 3,150 t/d currently –

  • News

    Roxgold grows Yaramoko inventory, defines open pit reserves

    November 10, 2020 by Canadian Mining Journal

    West Africa-focused gold miner Roxgold has added near-surface, open-pittable reserves and resources to its mineral inventory at the underground Yaramoko mine complex in Burkina Faso. The company released a resource and reserve update, which shows net ounce growth at the

  • 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

  • News

    Copper Mountain records strong Q3, lowers cost guidance

    November 2, 2020 by Canadian Mining Journal

    In the third quarter, Copper Mountain Mining’ flagship Copper Mountain open pit mine in B.C., 20 km south of Princeton, generated 23.8 million lb. of copper-equivalent, at all-in sustaining costs of US$1.43 per lb. of copper (and all-in costs of

  • News

    Kirkland Lake reports strong intercepts from Detour Lake with underground potential

    September 9, 2020 by Canadian Mining Journal

    Kirkland Lake Gold has released assay results for eight drillholes, as well as one wedge hole, completed within the underexplored Saddle zone, between the Main and West pits at the Detour Lake mine site. According to the company, the results

  • News

    Harte Gold ramps up Sugar zone mine

    September 9, 2020 by Canadian Mining Journal

    Harte Gold has provided an update on the mining and milling progress at its Sugar zone mine in White River, Ont. After restarting mining at the end of July and milling in early August, following a temporary shutdown at the

  • News

    Trevali weighs Rosh Pinah expansion with strong prefeasibility returns

    August 25, 2020 by Canadian Mining Journal

    The results of Trevali Mining’s prefeasibility study on an expansion of the Rosh Pinah zinc-lead-silver underground mine in Namibia, to 1.3 million tonnes per year from 700,000 tonnes per year, suggest potential for increased production at lower operating costs starting

  • News

    GOLD: Equinox generates 127,016 oz. in Q2, adjusts guidance

    August 11, 2020 by Canadian Mining Journal

    VANCOUVER – In the second quarter, producer Equinox Gold generated a total of 127,016 oz. at all-in sustaining costs of US$900 per oz. sold, from six mines in the Americas. Despite the COVID-19 pandemic, Equinox still recorded its highest quarterly

  • News

    GOLD: OceanaGold’s Waihi PEA outlines production growth in New Zealand

    July 16, 2020 by Canadian Mining Journal

    NEW ZEALAND – The Waihi District preliminary economic assessment (PEA) from OceanaGold suggests an additional 2.2 million oz. of gold output from the Waihi district between 2021 and 2036. These additional ounces would be sourced from the Marth and Gladstone