McEwen Mining borrows US$50M for Gold Bar construction
McEwen Mining (TSX: MUX; NYSE: MUX) has closed a US$50 million senior secured 3-year term loan first announced in late May, with the funds earmarked…
Gold
Pretium reaches steady-state production on schedule
Pretium Resources’ (TSX: PVG) flagship asset, the Brucejack gold mine in northwestern British Columbia, reached steady-state production on schedule in the second quarter of 2018,…
Argonaut shines in Q2 as El Castillo delivers
With increased production from its flagship El Castillo complex in Mexico, junior gold miner Argonaut Gold (TSX: AR; US-OTC: ARNGF) posted stronger profits and revenue…
Alio’s Q2 hampered by lower gold grades
Alio Gold (TSX: ALO; NYSE: ALO) reported higher production costs and lower metal revenues in 2018’s second quarter compared to the same quarter in 2017,…
Top 10 US-based, mid-tier precious metals
The Northern Miner presents its top-10 list of the largest U.S.-headquartered mid-tier to junior precious metal companies, by market capitalization: 1. COEUR MINING Market cap:…
Nevsun’s board recommends shareholders reject Lundin takeover bid
VANCOUVER — Nevsun Resources’ (TSX: NSU; NYSE-AM: NSU) board is unanimously recommending shareholders reject Lundin Mining’s (TSX: LUN; US-OTC: LUNMF) bid to buy all of Nevsun’s shares…
Rubicon tackles bulk sample at F2 gold deposit
Rubicon Minerals (TSX: RMX; US-OTC: RBYCF) has begun processing between 25,000 and 30,000 tonnes of mineralized bulk sample taken from the F2 deposit at its…
Hecla scores US$12M profit in Q2
Precious metals miner Hecla Mining (NYSE: HL) has posted a second quarter profit of US$11.9 million on sales revenue of US$147.3 million, powered in large…
Filo upgrades indicated resource at flagship project on Chile-Argentina border
Filo Mining (TSXV: FIL) has substantially increased indicated resources at its 100% owned Filo del Sol copper-gold-silver deposit, located 140 km southeast of the city of…
Landore tallies gold resource at Bam north of Thunder Bay
Guernsey, U.K.-based junior Landore Resources (LON-AIM: LND) has tallied a new resource estimate for the Bam gold deposit on its 100%-owned Junior Lake gold property,…
Condor receives La India permit in Nicaragua
Condor Gold (TSX: COG; LON: CNR) has received an environmental permit to build and operate a 2,800 tonnes per day processing plant at its 100%…
Equinox Gold’s Aurizona on schedule for late 2018 gold pour
Equinox Gold (TSXV: EQX; US-OTC: EQXGF) continues to advance construction at the Aurizona gold mine in northeastern Brazil, with production set to begin later this…