-
Dominion Diamond Mines sale of Ekati falls through
The future of the Ekati diamond mine in Canada’s Northwest Territories remains uncertain after Dominion Diamond Mines announced that a deal to sell it to a subsidiary owned by its parent company, The Washington Companies, has fallen apart. Dominion Diamond…
-
Fruta del Norte produces 94,250 oz. in first full quarter
Lundin Gold’s Fruta del Norte gold mine in Ecuador produced 94,250 oz. of gold during the third quarter of 2020, which was the mine’s first full quarter of operations. Approximately 66,790 oz. were produced as a concentrate and 27,460 oz.…
-
Northern Star, Saracen create US$11.5B Australian gold giant
Australia’s Northern Star Resources (ASX: NST) is buying smaller peer Saracen Mineral Holdings (ASX: SAR) in a deal that will create an A$16 billion (US$11.5 billion) gold giant, the world’s eighth-largest gold miner by market value. The A$5.76 billion (US$4.14 billion) merger comes amid…
-
Pan American Silver restarts Huaron and Morococha
Pan American Silver announced on Wednesday that production has resumed at its Huaron and Morococha operations in Peru. Over the past couple of weeks, Pan American has been gradually redeploying its workforce following implementation of intensive health screenings and testing for COVID-19, the…
-
Power outage damages equipment at Lundin’s Chapada mine in Brazil
Lundin Mining (TSX: LUN) has withdrawn its 2020 production, cash cost and capital expenditure guidance for its Chapada copper and gold mine in northern Brazil after a power outage caused damage to all four of the operation’s SAG and ball mill…
-
First Majestic plans next steps in Mexico tax dispute
First Majestic Silver (TSX:FR; NYSE: AG) says it is getting ready to appeal a Mexican court decision this week that revoked a key agreement determining how the silver producer was taxed in the country. The federal court’s ruling, yet to be…
-
Magna tables PFS with ‘base-case’ plan for San Francisco gold mine
Magna Gold has released the results of a preliminary feasibility study (PFS) for its San Francisco mine, acquired earlier this year, in Mexico’s Sonora state. The study suggests a 16,875 t/d heap-leach operation, using existing processing capacity, generating an average…
-
Atlantic Nickel extends Santa Rita mine life to 34 years
Appian Capital Advisory’s Atlantic Nickel has released the results from a preliminary economic assessment (PEA) of its wholly owned Santa Rita nickel-copper-cobalt mine in northeastern Brazil. Santa Rita, one of the largest open-pit nickel sulphide mines in the world, was…
-
Gran Colombia sees production boost in August
Gran Colombia Gold produced a total of 20,644 oz. of gold in August, up 14% over the previous month, the company reported on Monday. This brings total production for the first two months of the third quarter to 38,755 oz., up…
-
Harte Gold ramps up Sugar zone mine
Harte Gold has provided an update on the mining and milling progress at its Sugar zone mine in White River, Ont. After restarting mining at the end of July and milling in early August, following a temporary shutdown at the…
-
Time to shine
Amidst a growing gold rally, CMJ highlights Canada’s Top 10 gold mines.
-
Nexa improves safety and recovery with Orica’s WebGen initiation system
By using Orica’s fully wireless initiation system, WebGen, Nexa Resources significantly reduced ore dilution to 20%, from 27%, at its Nexa Vazante zinc and lead mine in Brazil, resulting in a net benefit of US$1.6 million, according to a release from…
