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Harte Gold OK’s Sugar Zone expansion to 1,200 t/d
Ontario-focused Harte Gold has announced plans to go ahead with an expansion of its Sugar Zone mine to 1,200 t/d, from the current 800 t/d throughput, based on strong feasibility study economics. The latest study suggests that an incremental $21…
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Iamgold produces 653,000 gold oz., meets 2020 guidance
Iamgold announced on Monday attributable gold production of 653,000 oz. in 2020, at the mid-point of guidance of 630,000 to 680,000 oz. The company reported attributable gold sales of 646,000 oz. for the year and 172,000 oz. for the fourth…
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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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Rio Tinto looming talks with Mongolia to decide Oyu Tolgoi’s fate
The next three to six months will be crucial to the future of the vast Oyu Tolgoi copper-gold mine in Mongolia, as the companies behind the operation engage in talks to find a way to improve the government’s financial benefits…
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Trevali meets 2020 production guidance, expects higher output in 2021
Trevali Mining has released its 2020 production results, as well as production and costs guidance for 2021. Last year, the miner generated 313 million lb. of zinc, in line with its guidance for 312 million lb. to 327 million lb.…
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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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Teranga exceeds guidance, achieves record production for 5th straight year
Teranga Gold reported on Tuesday that it has exceeded its full-year production guidance and achieved record annual production during 2020, marking the fifth consecutive year that the company has accomplished both feats. During the fourth quarter, Teranga produced a record…
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Kirkland Lake Gold generates 369,434 oz in Q4, meets 2020 guidance
Miner Kirkland Lake Gold produced 369,434 gold oz. in the fourth quarter of 2020, bringing the company’s 2020 production to 1.37 million oz., in line with its guidance of 1.35 to 1.4 million oz. for the year. In the fourth…
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Mongolia threatens to revoke Rio Tinto’s plan for Oyu Tolgoi
The government of Mongolia may cancel and replace the development and financial plan for the country’s vast Oyu Tolgoi copper-gold mine, Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) said today. The company, which is controlled by Rio Tinto (NYSE: RIO;…
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Fruta del Norte exceeds 2020 production guidance
Lundin Gold reported that its Fruta del Norte mine in Ecuador produced 96,830 oz. of gold in the fourth quarter of 2020, and total output since the operation was restarted on July 1, 2020, reached 191,080 oz. According to the…
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Equinox tops guidance in year of ‘tremendous growth’; produces 477,200 gold oz.
Growing miner Equinox Gold beat its revised 2020 production guidance and churned out 477,200 gold ounces last year. With 136,400 oz. generated in the fourth quarter, the company exceeded its prior forecast of 425,000 to 465,000 oz. for the year.…
