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RANKED: World’s top 10 biggest copper mines
Copper, the highly conductive red metal vital to the manufacturing of products essential to the electrification of the world’s energy systems is also used in heating, cooling, electronics, power generation and transmission, automotive applications and has antimicrobial abilities. Demand from the green…
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McEwen Q1 output down 13% to 30,600 gold-equivalent oz
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.…
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Barrick reports in-line production; expects stronger output in H2
In the first quarter of 2021, Toronto-based gold major Barrick Gold (TSX: ABX; NYSE: GOLD) produced 1.1 million oz. of gold and 93 million lb. of copper, in line with its plan for the year. In the production release, the…
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Pan mine gold output trends up for Fiore
In the first three months of 2021, Fiore Gold’s (TSXV: F) Pan heap leach mine in Nevada generated 10,915 oz. of gold, a 19% increase over the prior quarter due to an improvement in heap leach pH levels. The amount…
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Magna Gold ramps up mining at San Francisco in Mexico
After restarting mining and processing at the San Francisco mine in Mexico in the third quarter of 2020, Magna Gold’s (TSXV: MGR) first-quarter operational results show significantly higher gold and silver production compared with last year’s fourth quarter. This year,…
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Osisko Royalties reports strong deliveries, US royalty additions
Gold-equivalent deliveries received by Osisko Gold Royalties (TSX, NYSE: OR) in the first quarter of this year were ahead of the company’s expectations and higher than the ounces recorded in the fourth quarter of 2020. The Montreal-based royalty company has…
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Rio Tinto, Turquoise Hill strike funding deal for Oyu Tolgoi
The binding agreement ends a long-dragged standoff between the companies over funding for an expansion of the copper-gold mine in Mongolia.
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Lucky Friday shaft project to drive higher silver output for Hecla
After completing and ramping up the #4 Shaft project at its Lucky Friday mine in Idaho, U.S.-focused silver and gold producer Hecla Mining (NYSE: HL) produced 3.5 million oz. of silver in the first quarter, a 7% and 11% increase…
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Torex receives ‘milestone’ permit for Media Luna development
Torex Gold (TSX: TXG) has received approval to start building a South Portal for a second access point to the Media Luna deposit at its producing Morelos property; the permit amendment is required to continue the early works program for…
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All the mines Tesla needs to build 20 million cars a year
MINING.COM executive editor Frik Els takes a look at how much metal Tesla will actually need to meet its ambitious production plans.
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Pure Gold ramps up mill, fine tunes underground ops
With the mill at Pure Gold Mining’s (TSXV: PGM) PureGold mine in Red Lake ramped up to its 800 t/d nameplate capacity, the new producer is now focusing on fine-tuning its underground operations. First-quarter head grades came in below expectations…
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Record 2020 revenues, operating cash flow from Gran Colombia
Colombia-focused miner Gran Colombia Gold (TSX: GCM) has released its fourth-quarter and full-year 2020 financial results, its last reporting period with the Marmato mine, which was sold to Aris Gold (TSX: ARIS) in February. (Gran Colombia owns a 44% stake…
