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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.…
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Harte Gold exceeds guidance, expects substantial production growth in 2021
Last year, Ontario-focused miner Harte Gold produced 25,649 gold oz., exceeding its prior guidance for 20,000 to 24,000 oz. The emerging producer churned out a record 10,835 oz. in the fourth quarter, which is a quarterly record for the Sugar…
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Torex beats 2020 gold production forecasts
Intermediate miner Torex Gold has released its 2020 operating highlights – last year, the company produced 430,480 gold oz., 130,640 oz. of which were generated in the fourth quarter. The company’s EL Limon Guajes mining complex in Mexico beat the…
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McEwen production down 33% in 2020
McEwen Mining reported on Monday that its production for 2020 was 92,100 gold oz. and 2 million silver oz., or 115,600 gold-equivalent oz. (GEOs). This represents a decline of 33% from the 174,400 GEOs produced in 2019. Consolidated production for…
