Pretium posts strong Q2; avoids Covid-19 disruptions
Pretium Resources’ (TSX: PVG; NYSE: PVG) Brucejack underground mine, 65 km north of Stewart, B.C., produced 90,419 oz. gold in the second quarter, close to the previous year’s figure of…
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Fortescue backtracks on plan that endangers Australian heritage site
Australian iron ore major Fortescue Metals Group (ASX: FMG) said today it would reevaluate an expansion plan at one of its iron ore mines in the Pilbara region, after an…
Mexico Snapshot: Eight companies to watch
Mexico is an attractive destination for Canadian miners with its mining-friendly policies, prospective mineral belts and well-developed infrastructure and legislation. Below, we provide an overview of eight companies with exploration,…
New global tailings guidelines aim for zero harm
The Global Tailings Review (GTR) has released the first-ever Global Industry Standard on Tailings Management, aimed at strengthening best practices around tailings dams in the mining sector, with the goal…
Inomin Mines acquires La Gitana and Pena Blanca in Mexico
Inomin Mines (TSXV: MINE) has announced an agreement to acquire Gunpoint Exploration’s (TSXV: GUN) La Gitana and Pena Blanca gold-silver properties, located 100 km east of Oaxaca City, Mexico. Under the agreement,…
Glencore records US$2.6B loss, scraps dividend
Glencore (LSE: GLEN) posted a US$2.6 billion loss after write-downs for the first half of the year and scrapped its dividend, as the coronavirus pandemic dented global demand and lowered…
Mulatos mine keeps paying off for Alamos Gold
When Alamos Gold (TSX: AGI; NYSE: AGI) paid Placer Dome $10 million for the Mulatos project in Mexico in November 2001, gold was below US$300 per ounce. At that gold…
Donald Trump Jr calls for blocking Pebble mine
Opponents of Northern Dynasty Minerals’ (TSX: NDM) proposed Pebble copper-gold-molybdenum mine in Alaska found a new ally on Tuesday, as U.S. President Donald Trump’s son Donald Jr. took to Twitter…
Covid-19 creates ‘perfect storm’ for gold investment: World Gold Council
With the price of gold having crested US$2,000 an ounce, the World Gold Council released its latest report on the precious metal’s demand trends. The Gold Demands Trends report covers…
Lynas gets green light for waste treatment plant in Malaysia
Malaysia has approved Australian rare earths miner Lynas Corp.’s (ASX: LYC) application to build a permanent disposal facility for waste treatment, a minister said on Tuesday. The miner, the world’s…
The Northern Miner Podcast – episode 198: Teck CEO Don Lindsay on the shift to copper, China and India, energy and ESG
This week’s episode features a wide-ranging interview with Teck Resources president and CEO Don Lindsay at the Canadian Mining Symposium on June 17, 2020. Northern Miner editor-in-chief Trish Saywell asks…
Chilean regulator threatens to shut down BHP’s Escondida for exceeding its water permit
Chile’s environmental watchdog said it would charge BHP’s (NYSE, LSE: BHP) Escondida copper mine, the world’s largest, with drawing more water than its permits allowed for nearly 15 years. The…