Chaarat to buy Kapan mine as part of ex-USSR consolidation strategy
Chaarat Gold Holdings (LON: CGH) struck a deal at the end of October to acquire the Kapan gold mine in Armenia from Polymetal International (LON: POLY) for US$55 million. The…
Gold
Kutcho Copper extends mineralization at Main deposit
Resource and expansion drilling at the Kutcho copper-zinc project in B.C. has extended mineralization down dip of its Main deposit, reports Kutcho Copper (TSXV: KC; US-OTC: KCCFF). The high-grade copper-zinc-gold-silver…
B2Gold hits record gold production in Q3
B2Gold (TSX: BTO; NYSE: BTG) produced a record 242,020 oz. gold in 2018’s third quarter, 78% higher than in the same quarter of the previous year. It attributed its success…
Hochschild boosts mine life of Inmaculada
During a presentation at its Capital Markets Day in London, Hochschild Mining (LON: HOC) announced that brownfield drilling this year at its Inmaculada underground mine in Peru has added inferred…
Rockcliff to begin Kinross-funded drill program at Laguna
Rockcliff Metals (TSXV: RCLF; US-OTC: SVVZD) is set to drill its Laguna gold property in Snow Lake, Man. — the first drilling the property has seen in over 70 years….
Caledonia buys back 15% interest in Blanket gold mine
Caledonia Mining (TSX: CAL; NYSE: CMCL) has agreed to buy back Fremiro Investments’ 15% shareholding in the Blanket gold mine in Zimbabwe in a deal valued at US$16.6 million. After completing…
TSX Venture rises, Oct. 29-Nov. 2
Shares of Cantex Mine Development soared 389% on drill results from its North Rackla silver-lead-zinc project in Yukon. The company had drilled nine holes on the project’s massive Sulphide zone,…
TSX posts gains, Oct. 29-Nov. 2
After falling as low as 14,639.70 in October 2018, Canada’s benchmark index rebounded to end the trading week up 1.55% to 15,119.28. The S&P/TSX Global Mining Index rose 5.9% to…
Video: Fireside chat with Agnico Eagle CEO Sean Boyd at PMF 2018
Agnico Eagle CEO Sean Boyd sits down for an in-depth interview with Northern Miner publisher Anthony Vaccaro at the 2018 Progressive Mine Forum in Toronto, presented by The Northern Miner…
Iamgold considers two mine plans in Côté feasibility study
Iamgold (TSX: IMG; NYSE: IAG) is considering two mine plan scenarios at its Sumitomo Metal Mining (TYO: 5713) joint-ventured Côté gold project in northern Ontario, according to a feasibility study…
Northern Vertex secures additional financing from Greenstone
Less than a month after Northern Vertex Mining (TSXV: NEE; US-OTC: NHVCF) signed a US$8.5 million silver stream financing with Maverix Metals (TSXV: MMX), the company has reached a deal…
Regulus spin-out Aldebaran Resources starts trading
Regulus Resources (TSXV: REG) spin-out Aldebaran Resources (TSXV: ALDE) debuted on the Toronto Venture Exchange at 90¢ before tumbling to 59¢ in mid-afternoon trading. Aldebaran shares the same core management…