Mountain Province bounces back as diamond demand returns
Mountain Province Diamonds (TSX: MPV; US-OTC: MPVD) saw profit jump in the second quarter of the year as consumer demand for precious stones returned and Covid-19 cases dropped at its…
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Torex foregoes the Muckahi mining method for Media Luna
Torex Gold (TSX: TXG) has announced it will proceed with conventional development and mining methods for its proposed Media Luna project in Mexico instead of using the newly developed Muckahi…
Orla Mining reports high grade assays from Camino Rojo gold project in Mexico
Orla Mining (TSX: OLA; NYSE: ORLA) has released new assay results from drilling the sulphides zone at its Camino Rojo gold project in Mexico’s Zacatecas state, about 50 km southeast…
Quebec injects $13.5 million into Monarch Mining to help it reopen Beaufor
The Canadian province of Quebec has granted Monarch Mining (TSXV: GBAR; US-OTC: GBARF) a $13.5 million senior secured term loan agreement to help the company restart the Beaufor gold mine and Beacon…
Canada’s newest gold mine starts commercial production
Pure Gold Mining (TSXV: PGM; LSE: PUR) has kicked off commercial production at its namesake mine in Red Lake, Ontario, eight months after pouring first gold. The Toronto-based miner said the milestone, achieved on August 1, followed a successful commissioning…
Barrick agrees to independent environmental studies for Pueblo Viejo expansion
Barrick Gold (TSX: ABX; NYSE: GOLD) and its key stakeholders have agreed on independent government-led oversight of the environmental and social impact studies for the Pueblo Viejo gold mine expansion…
Lomiko Metals releases PEA for La Loutre in Quebec
Lomiko Metals (TSXV: LMR; US-OTC; LMRMF) has released a preliminary economic assessment (PEA) for its 100%-owned La Loutre graphite project in southeastern Quebec, about 120 km northwest of Montreal. The PEA…
Thor Explorations pours first gold at Segilola in Nigeria
The first gold has been poured at Thor Exploration’s (TSXV: THX; AIM: THX) 100%-owned Segilola open-pit mine in Nigeria and the company forecasts the mine will produce about 40,000 oz….
Sibanye-Stillwater to acquire Eramet’s Sandouville nickel processing facility in France
In its second acquisition in the battery metals space in six months, Sibanye-Stillwater (NYSE: SBSW), one of the world’s largest primary producers of platinum, palladium and rhodium and its third-largest…
Lucara digs up 393 carat diamond at Karowe
Lucara Diamond (TSX: LUC) has recovered a 393 carat diamond from its company’s Karowe mine in Botswana, the seventh stone greater than 300 carats dug up at the operation so far this year. …
SSR Mining sells non-core royalty portfolio to EMX Royalty
SSR Mining (TSX: SSRM; NASDAQ: SSRM; ASX: SSR) is selling its non-core royalty portfolio to EMX Royalty (TSXV: EMX; NYSE-AM: EMX) for a total of US$100 million. The sum consists…
Construction begins for Nouveau Monde’s Matawinie mine
Nouveau Monde Graphite (TSXV: NOU; US-OTC: NMGRF) has begun civil construction works for its Matawinie graphite mine in Saint-Michel-des-Saints, Quebec, 120 km north of Montreal. Commercial production is scheduled to…