Iamgold study expands Essakane mine in Burkina Faso
A feasibility study has found that increasing the carbon-in-leach (CIL) plant capacity and postponing the heap leach operation to the end of the mine life is more economical than operating…
Gold
Commentary: Gold sector fragmentation hurts investors
Of all the mining sectors, gold is possibly the most fragmented, and the gold industry and its investors would realize considerable benefits from consolidation. Brokerage Pollitt & Co. estimates that…
Cartier tables maiden resource at Chimo
Cartier Resources (TSXV: ECR) has released a maiden resource for the Central Gold Corridor on its Chimo mine property, 45 km east of Val-d’Or, Quebec. Indicated resources stand at 3.26 million…
Guyana Goldfields plummets after major quarterly miss
Shares of gold producer Guyana Goldfields (TSX: GUY) dropped as much as 38% on a weaker-than-expected performance during the third quarter from its wholly owned Aurora gold operation in western…
TSX Venture falls, Oct. 28-Nov 1: Abitibi Royalties, Equinox, New Pacific, O3 Mining
The S&P/TSX Venture Composite Index fell 0.9% to 541.49. Spot gold finished at US$1,514.10, up 0.67%. Abitibi Royalties shares jumped 68¢, or 4.78%, to $14.90. The company’s board of directors…
TSX posts gain, Oct. 28-Nov. 1: Torex, Sandstorm, Eldorado, Alacer
The S&P/TSX Composite Index rose 1.16% to close at 16,594.07. The S&P/TSX Global Mining Index gained 2.07% to 76.65 and the S&P/TSX Global Base Metals Index went up 2.96% to…
The Northern Miner Podcast – episode 159: Reflections on John Felderhof and Bre-X, ft Trish Saywell
This episode features an interview with acting editor-in-chief and senior reporter Trish Saywell on John Felderhof and his life after Bre-X. Trish discusses what it was like to spend three days…
Anaconda updates resource at Goldboro in Nova Scotia
Anaconda Mining (TSX: ANX; US-OTC: ANXGF) has updated the mineral resource at its wholly owned Goldboro gold project in Nova Scotia. Measured and indicated resources now stand at 4.1 million…
Newmont Goldcorp begins commercial production at Quecher Main
The Quecher Main project at Newmont Goldcorp’s (TSX: NGT; NYSE: NEM) Yanacocha gold mine in Peru has achieved commercial production ahead of schedule and under budget. The project will extend the life…
Taiga Gold, SSR Mining report visible gold at Fisher
In May 2016, Silver Standard Resources, now called SSR Mining (TSX: SSRM; NASDAQ: SSRM), acquired Claude Resources and its Seabee gold operation in Saskatchewan for $337 million in cash and…
Eric Sprott invests $15M in Gran Colombia
Gran Colombia Gold (TSX: GCM; US-OTC: TPRFF) has raised $15 million from the sale of 3.2 million units at $4.60 per unit to Eric Sprott in a non-brokered private placement….
Premier and Nevada Gold Mines begin commercial production at El Nino
Commercial production at the El Nino gold mine in Nevada’s Carlin Trend started ahead of schedule and on budget, Premier Gold Mines (TSX: PGM; US-OTC: PIRGF) reports. Premier owns 40%…