Canadian Mining Journal

  • News

    Mongolia asks Rio Tinto to mutually cancel Oyu Tolgoi’s deal

    February 9, 2021 by Cecilia Jamasmie

    Mongolia’s government is said to be actively seeking to cancel a deal with Rio Tinto (ASX, LON, NYSE: RIO) governing a $6.75 billion expansion of the Oyu Tolgoi copper mine in the Gobi Desert, as it looks to replace it

  • News

    Underground operations resume at New Afton after deadly mudslide

    February 9, 2021 by MINING.COM Staff

    New Gold (TSX, NYSE: NGD) announces that partial underground operations have resumed over the weekend at the New Afton gold-copper mine in Kamloops, British Columbia, following the underground mudslide that killed one worker and injured two on Feb. 2, 2021.

  • News

    Iron ore price jumps as Vale reports low output

    February 4, 2021 by MINING.COM Staff

    Iron ore futures jumped on Thursday, after Vale reported fourth-quarter output of 84.5 million tonnes, a 5% decline over the third quarter (when it generated 88.6 million tonnes). According to Fastmarkets MB, benchmark 62% iron fines imported into northern China (CFR Qingdao)

  • News

    Santacruz Silver reports record production at Mexico mines

    February 3, 2021 by MINING.COM Staff

    Santacruz Silver Mining reported that silver equivalent consolidated annual production at its Zimapan mine and Rosario project in Mexico increased by 30% in 2020 compared to the previous year and reached 3,655,320 silver-equivalent oz., including 1.2 million oz. of silver,

  • News

    McEwen shares up on Black Fox update

    February 2, 2021 by MINING.COM Staff

    McEwen Mining has reported progress with the turnaround at its Black Fox mine, in Timmins, Canada. Consultants are working on a preliminary economic assessment to expand production from the current short mine life producing 30 000 oz. a year to

  • News

    Endeavour Silver expects 2021 production to remain steady

    January 28, 2021 by Canadian Mining Journal Staff

    This year, silver and gold producer Endeavour Silver expects its three underground mines in Mexico to produce 3.6 to 4.3 million oz. of silver and 31,000 to 35,500 gold oz. (6.1 to 7.1 million oz. of silver-equivalent). These numbers are

  • News

    Anglo American Q4 production back up to 95% of 2019 rates

    January 28, 2021 by MINING.COM Staff

    Anglo American copper production increased by 6% to 167,800 tonnes in the fourth quarter of 2020, compared to 158,800 tonnes for the same period in 2019, largely due to secured access to industrial water at Los Bronces copper mine in

  • News

    Alamos extends Island Gold zones

    January 27, 2021 by Canadian Mining Journal Staff

    Producer Alamos Gold has released exploration results from its Island Gold mine in Ontario, which extend high-grade gold mineralization within the Island Main, East and West zones. Underground drilling at the Island Main zone, completed off of the 840-level exploration

  • News

    First Quantum copper output hits record

    January 26, 2021 by MINING.COM Staff

    First Quantum Minerals achieved its highest-ever annual copper production of 779,000 tonnes, an 11% increase from 2019. The miner reported record-breaking production at Sentinel, in Zambia, and said that its other operations were resilient, particularly Cobre Panama, in Panama, despite

  • News

    Harte Gold OK’s Sugar Zone expansion to 1,200 t/d

    January 21, 2021 by Canadian Mining Journal Staff

    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

  • News

    Iamgold produces 653,000 gold oz., meets 2020 guidance

    January 21, 2021 by MINING.COM Staff

    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

  • News

    Argonaut closes out ‘spectacular’ year with record quarter

    January 19, 2021 by Canadian Mining Journal Staff

    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