Scrapbook: YMP Awards gala
The Young Mining Professionals (YMP) — a non-profit group with chapters in Vancouver, Toronto, Montreal, Sudbury, Perth, Brisbane, Johannesburg and London — held its third annual YMP Awards gala in…
News
Kinross takes 9.7% stake in Wolfden
Kinross Gold (TSX: K; NYSE: KGC) has acquired 12.5 million shares of Wolfden Resources (TSXV: WLF) at 20¢ each for $2.5 million, resulting in a 9.7% stake in the junior…
Sandspring rethinks Toroparu in Guyana
Sandspring Resources (TSXV: SSP; US-OTC: SSPXF) is putting the finishing touches on a preliminary economic assessment (PEA) for its Toroparu gold project in Guyana that rescopes the project’s prefeasibility study…
Equinox upgrades resources at Aurizona and Mesquite
Equinox Gold (TSXV: EQX; US-OTC: EQXFF) has boosted resources at its Aurizona gold mine in northeastern California and reserves and resources at its Mesquite gold mine in California. Since the…
Monarch Gold targets multiple projects
Since the Prospectors and Developers Association of Canada (PDAC) conference wrapped up in early March, Monarch Gold (TSX: MQR; US-OTC: MRQRF) has fielded calls from three mining companies about possible…
BMO cuts Vale production estimates after additional mine closure
BMO Capital Markets has cut Vale’s (NYSE: VALE) iron ore production estimate this year by a further 30 million tonnes due to the continued suspension of the miner’s Brucutu mine,…
Toachi advances La Plata project in Ecuador
Toachi Mining (TSXV: TIM) is trenching its Guatuza gold-copper target at its La Plata volcanogenic massive sulphide (VMS) project in Ecuador. It plans to drill Guatuza in the second half…
Apex confirms gold anomaly at Ore Hill in BC
Apex Resources (TSXV: APX; US-OTC) has confirmed a 1.5 km by 150-metre gold in soil anomaly at its Ore Hill gold property near Salmo, B.C., after compiling historic and modern…
Ontario Minister Rickford pledges to cut red tape, slams C-69
The Ontario government has put together a new mining taskforce to help it overhaul the Mining Act. Whereas the previous Liberal government also passed legislation to modernize the Mining Act,…
Silvercrest upgrades Las Chipas ahead of PEA
Silvercrest Metals (TSXV: SIL; NYSE: SILV) has upgraded the resource at its Las Chispas silver-gold property in Sonora, Mexico, to the indicated category for the first time. The project now…
Turquoise Hill income surges in 2018
Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) reported 2018 income of US$394.3 million — a 255.4% jump over 2017’s US$110.9 million — driven by an increase in gold production and…
PwC’s Art of Mining winners honoured
The mining industry gathered in Toronto in early March for PwC Canada’s fourth annual Art of Mining event, which showcases mining innovation through a photo competition. This year’s contest featured…