Canadian Mining Journal

Business News

  • GOLD: Kinross study pegs Lobo-Marte capex at US$1B

    July 15, 2020 by Canadian Mining Journal

    TORONTO – Kinross Gold‘s Lobo-Marte gold project in northern Chile could produce a total of 4.5 million oz. gold over a 15-year mine life at an estimated cost of US$995 million, according to a prefeasibility study (PFS) released today. The

  • GOLD: Tudor reports new best hole from Treaty Creek

    July 9, 2020 by Canadian Mining Journal

    VANCOUVER – Tudor Gold has reported its best intercept yet from drilling at its Treaty Creek project in B.C.’s Golden Triangle – a 973-metre interval grading 0.85 g/t gold-equivalent (or 0.775 g/t gold, 3 g/t silver and 0.02% copper). The

  • GOLD: Sabina expands drill program at Back River

    July 8, 2020 by Canadian Mining Journal

    VANCOUVER – Sabina Gold & Silver is back at work at its Back River gold project in Nunavut, with an expanded 8,500-metre drill program planned at the 8-km-long Goose property. The junior demobilized its exploration camp staff at the project,

  • GOLD: First Mining defines Goldlund ahead of Treasury acquisition

    July 7, 2020 by Canadian Mining Journal

    ONTARIO – Thirteen new drill holes completed in the main zone at First Mining Gold‘s Goldlund project, 60 km northeast of Dryden, continue to define mineralization and support the potential to expand resources. Highlights include: 10 metres of 5.42 g/t

  • COVID-19: Miners fight back virus outbreaks

    July 6, 2020 by Canadian Mining Journal

    Several months after the pandemic disrupted mining operations worldwide with suspensions, travel restrictions and new protocols, the novel coronavirus continues to cause new disruptions. Most recently, 82 of 298 workers at Trevali Mining’s Santander mine in Peru have tested positive

  • GOLD: Gran Colombia funds Caldas Gold’s Juby acquisition

    July 2, 2020 by Canadian Mining Journal

    TORONTO – Colombia-focused Gran Colombia Gold has invested $14 million in a private placement in its recent spinoff, Caldas Gold, to fund the acquisition of a project in Ontario’s Abitibi greenstone belt. In a deal announced in May, Caldas Gold

  • GOLD: Kirkland Lake bulks up Detour Lake with 250,000-metre drill program

    June 30, 2020 by Canadian Mining Journal

    TORONTO – Kirkland Lake Gold has released results from 17 new drill holes at its Detour Lake mine, 300 km northeast of Timmins, which it says have extended mineralization at the Main pit and 58 North zone. The holes, totalling

  • EQUIPMENT: Epiroc launches new mobile underground drilling rig

    June 30, 2020 by Canadian Mining Journal

    STOCKHOLM – What do you get when you take one of the most respected underground core drilling rigs on the market and fuse it with a well-proven and reliable carrier? You get the all-new Diamec Smart 6M from Epiroc. Epiroc

  • Canada’s top 10 royalty and streaming companies

    June 30, 2020 by Northern Miner Staff

    The Northern Miner presents the top-10, Canadian-headquartered royalty and streaming companies by market capitalization, as of mid-June 2020. 1. Franco-Nevada Market capitalization: US$26.4 billion Franco-Nevada (TSX: FNV; NYSE: FNV) continues to hold its position as the number one royalty and streaming

  • GOLD: Rupert Resources extends mineralization at Pahtavaara in Finland

    June 30, 2020 by Northern Miner Staff

    Toronto – Rupert Resources  has reported two new drill results from its recently discovered Ikkari target at its wholly owned Pahtavaara gold project, located in northern Finland’s Central Lapland Greenstone Belt, 150 km north-northeast of the town of Rovaniemi. Drill hole

  • GOLD: Iamgold advances permitting for Côté

    June 29, 2020 by Canadian Mining Journal

    TORONTO – Iamgold‘s 70%-owned Côté gold project in northern Ontario has received a key federal permitting approval, taking it one step closer to a construction decision. The approval, under the Fisheries Act, is related to impacts on fish habitats and tailings

  • GOLD: Azimut expands drill program at Elmer

    June 29, 2020 by Canadian Mining Journal

    QUEBEC – Having completed its originally planned 6,000-metre, 30-hole drill program at its wholly-owned Elmer project, Azimut Exploration is expanding the campaign to 10,000 metres to continue drilling the main target there and to test previously identified targets. A total