Kirkland Lake expects Detour to produce up to 900koz annually by 2032
Miner Kirkland Lake Gold (TSX: KL; NYSE: KL; ASX: KLA) expects its Detour Lake open pit mine in northern Ontario to reach a gold output rate of 900,000 oz. a…
News
Red Chris resource from Newcrest confirms block cave potential
With a prefeasibility study expected for the Red Chris mine in B.C. by the end of September, Australia-based operator Newcrest (TSX: NCM; ASX: NCM) has released an updated resource for…
Congo launches state-owned cobalt miner
The Democratic Republic of the Congo (DRC) has officially begun operations at Entreprise Générale du Cobalt (EGC), a state-owned company with monopoly rights to the purchase and sale of the…
Vale sells New Caledonia nickel assets to Trafigura
Vale (NYSE: VALE) has concluded the sale of its nickel and cobalt operations in New Caledonia, a French territory in the Pacific, to a consortium called Prony, which includes commodity…
Miners on TSX and TSXV raised $4.8B in private placements last year
Osisko Development Corp.’s (TSXV: ODV) $100 million private placement in December, raised to further the development of its Cariboo gold project in British Columbia, closed out a year of increased…
Equinox Gold to sell 10M Solaris shares
Growing gold miner Equinox Gold (TSX: EQX; NYSE: EQX) has announced that, in response to a request from Ecuador-focused explorer Solaris Resources (TSX: SLS), it has agreed to sell 10…
Copper Mountain announces US$250 million senior secured bond issue
Copper Mountain Mining (TSX: CMMC) has successfully priced US$250 million in senior secured bonds in the Nordic bond market. The five-year bonds, bearing interest at 8% per year, will mature…
The Northern Miner Podcast – episode 232: How to achieve diversity in the mining industry, ft Catherine Gignac and Margot Naudie
This week’s episode features Catherine Gignac, corporate director at Cameco, and Margot Naudie, vice president at Marret Asset Management. The trailblazers panel session took place on Feb. 24, 2021, as…
Osisko Mining hits high-grade mineralisation at Windfall
Osisko Mining (TSX: OSK) has reported the latest drill results from its 100%-owned Windfall gold project in Quebec’s Abitibi greenstone belt, 200 km northeast of Val-d’Or and 115 km east of…
Taseko Mines clears legal hurdles at Florence; advances copper projects
Taseko Mines (TSX: TKO; NYSE-AM: TGB; LSE: TKO) can move forward with its Florence copper in-situ project after the Arizona Court of Appeals ruled in its favour and rejected arguments…
Feasibility from Marathon Gold outlines $305M open pit at Valentine
With the release of feasibility study results on a two-pit milling operation at its Valentine project in central Newfoundland and Labrador, Marathon Gold (TSX: MOZ) sees potential to pour first…
Dundee extends Chelopech mine life to 2029
Dundee Precious Metals‘ (TSX: DPM) latest reserve update for its Chelopech gold-copper mine in Bulgaria has increased reserves by 10% and the mine life by two years to 2029. Total…