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The landscape at Newmont Mining's Hope Bay gold project in Nunavut, 150 km north of the Arctic Circle. The Northern Miner archive photo

Newmont writes off Hope Bay

Newmont Mining (NMC-T, NEM-N)has written down the entire US$1.6-billion net book value of its Hope Bay gold project in remote Nunavut. The decision comes just weeks after the company announced it was placing the project on care and maintenance…


Drillers active at Avino Silver & Gold Mines'Avino copper-silver-gold project in Mexico's north-central Sierra Madre silver belt. Photo by Avino Silver & Gold Mines

Avino inches closer to production

Avino is an old name in Mexican mining for a couple of reasons. Most prominently, it is the name of a legendary silver and copper vein 1.6 km long and 182 metres wide at the surface. The vein’s scale helped make it the first mine in the…




Drillers at La Mancha Resources' Hassai project in Northern Sudan. Photo by La Mancha Resources

Doubled Hassai resource creates buzz for La Mancha

Exposed sulphide mineralization appears at the bottom of 12 out of 16 oxide pits that make up La Mancha Resources’ (LMA-T) Hassai gold-copper mining complex in the remote desert of northern Sudan. And a new resource estimate based on…


At El Nino Ventures' Murray Brook polymetallic project in New Brunswick, from left: executive vice-president of exploration Bill Stone; chairman and CEO Harry Barr; and vice-president of exploration Ali Alizadeh. Photo by El Nino Ventures

El Nino Ventures posts new resource in New Brunswick

An initial resource estimate for the Murray Brook polymetallic massive sulphide deposit in New Brunswick’s Bathurst mining camp has confirmed the property’s historical resource — but with better grades — and confirms…



A driller at Gold Canyon Resources' Springpole gold project in northwestern Ontario. Photo by Gold Canyon Resources

Gold Canyon tallies 3.7M oz. gold at Springpole

After delivering a string of exciting drill results over the past two years at its Springpole gold project in northwestern Ontario, Gold Canyon Resources (GCU-V) has released a long-awaited resource update totalling 3.7 million oz. gold and…



The lithium processing plant under construction at Canada Lithium's Quebec Lithium project near Val-d'Or, Quebec. Photo by Canada Lithium

Canada Lithium secures $92M vote of confidence

While investor confidence hasn’t necessarily returned to Canada Lithium (CLQ-T), the company has been given stamps of approval by Scotiabank and Caterpillar Financial Services in separate financing deals.


Drillers at Lumina Copper's Taca Taca copper project in Argentina. Photo by Trish Saywell

Lumina hits more long intersects at Taca Taca

Lumina Copper (LCC-V) reports that the Taca Taca deposit in northwestern Argentina, 90 km east of Escondida, the world’s largest copper mine, has yielded the longest mineralized intercept to date with 813 metres grading 0.60% copper…


An aerial view of Barrick Gold's Lumwana copper mine in Zambia, acquired during the Equinox Minerals takeover. Photo by Barrick Gold

Lumwana’s margins below Barrick’s expectations

Half a year in, Barrick Gold’s (ABX-T, ABX-N) newly purchased Lumwana copper mine in Zambia has done little to rebut the critics who denounced Barrick’s contentious and expensive move into copper through its June 2011 takeover of…


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