Canadian Mining Journal



  • 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

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    Wesdome on track to meet guidance, invests in Eagle River and Kiena

    November 4, 2020 by Canadian Mining Journal

    Gold producer Wesdome Gold Mines generated a total of 20,008 oz. from its Eagle River complex in Ontario in the third quarter of this year, at all-in sustaining costs of US$1,047 per oz. These latest numbers bring the company’s year-to-date

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    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

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    Iamgold halts Westwood mine following earthquake

    November 2, 2020 by Cecilia Jamasmie

    Canada’s Iamgold said on Monday it had suspended operations at its Westwood underground mine in southwestern Quebec, following a seismic event at the operation last week. The Toronto-based miner said the movement occurred at around 2:30 pm Eastern time on Friday Oct. 30th,

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    Alamos records record cash flow in Q3, ups dividend by 33%

    October 29, 2020 by Canadian Mining Journal

    In the third quarter, gold producer Alamos Gold generated record cash flow of US$76 million, led by strong operating performance across its three operations in Ontario and Mexico. During the reporting period, Alamos generated 117,100 gold oz., and sold 116,035

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    Barrick’s Loulo-Gounkoto on track to meet 2020 guidance

    October 27, 2020 by MINING.COM Staff

    Barrick Gold announced that its 80%-owned Loulo-Gounkoto complex remains on track to meet the upper end of its 2020 guidance, set at 540,000 oz. of gold, despite having faced multiple challenges including the COVID-19 pandemic and a military coup in

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    Copper snapshot: Eight companies with promising assets

    October 20, 2020 by Magda Gardner

    With rising prices, a favourable supply-demand outlook and few new mines in development, investors are paying close attention to copper. Here are eight companies developing the next generation of projects. Arizona Metals Arizona Metals (TSXV: AMC) wholly owns the Kay

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    Kirkland Lake Gold reports ‘exceptional’ grades at Macassa

    October 19, 2020 by Canadian Mining Journal

    The latest drill results from Kirkland Lake Gold’s Macassa mine in Ontario include ‘exceptional’ gold grades and suggest potential for resource and reserve additions in three areas of the underground mine. The 135 drillholes reported are from the south margin

  • Argonaut’s Magino gold project gets the go-ahead

    October 15, 2020 by Canadian Mining Journal

    The board of directors of Argonaut Gold has approved construction of the company’s wholly owned Magino gold project in Ontario, 40 km northeast of Wawa. With a two-year construction period anticipated for Magino starting in January 2021, Argonaut expects a

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    First Majestic Silver on track to meet guidance

    October 14, 2020 by Canadian Mining Journal

    In the third quarter, silver miner First Majestic Silver churned out 5.2 million silver-equivalent oz., made up of 3.2 million oz. of silver and 25,771 oz. of gold, from its three underground mines in Mexico. The figures represent a 72%

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    Barrick transitions Hemlo to underground mining

    October 14, 2020 by Canadian Mining Journal

    Barrick Gold is moving ahead with plans to extend the life of its Hemlo gold mine in Ontario by transitioning the operation from open-pit mining to purely underground mining as a modernized ‘Tier Two’ asset. Mining of the Williams pit

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    Kirkland Lake generates 339,584 oz. in Q3, grows cash stores, dividend

    October 13, 2020 by Canadian Mining Journal

    Gold miner Kirkland Lake Gold reported third-quarter gold production of 339,584 oz., a 3% increase over the 329,770 oz. generated in the prior quarter. The Detour Lake and Fosterville mines led this output, producing 140,067 oz. and 161,489 oz. in