Iamgold updates Côté gold construction, costs
Iamgold (TSX: IMG; NYSE: IAG) recently updated construction progress and costs at its Côté gold project near Gogama, Ontario. The project is 65% owned and operated by Iamgold. Sumitomo Metal…
Canada
Eldorado Gold grabs stake in Probe Metals for US$18.9 million
Eldorado Gold (TSX:ELD; NYSE:EGO) has bought an 11.5% stake in Quebec-focused explorer Probe Metals (TSXV: PRB; US-OTC: PROFB) in a deal worth about $23.7 million (US$18.9 million). The acquisition of…
Deep-South takes Namibia’s mining minister to court over licence refusal
Miner also seeks to prevent the government from granting exploration or mining rights over the same licence area to another company.
US bankruptcy court holds Kyrgyz government in contempt over Kumtor seizure
The U.S. Bankruptcy Court for the Southern District of New York has ruled the Kyrgyz government is in contempt of court for continuing its legal actions locally against Canada’s Centerra…
Top ten U.S.-based mid-tier and junior precious metal companies
This year’s ranking of the top ten U.S.-based mid-tier and junior precious metals companies based on market capitalization as of July 7, features a number of new entrants including i-80…
Yamana green lights development for Wasamac gold with higher production
Yamana Gold (TSX: YRI; NYSE: AUY; LSE: AUY) has given the go-ahead to develop the Wasamac gold mine, with study results showing more reserves, higher annual production and increased cash…
Ivanhoe’s Kamoa-Kakula exports first copper concentrate
Ivanhoe Mines’ (TSX: IVN; US-OTC: IVPAF) massive Kamoa-Kakula mine in the Democratic Republic of Congo (DRC) has begun copper concentrate exports to international markets as the metal continues to trade close…
Endeavour Silver buys Nevada gold asset for US$100 million
The Bruner gold project is expected to become a low-cost, open pit, heap leach mine operation.
Maple Gold Mines to buy former Eagle mine in Quebec
Maple Gold Mines (TSXV: MGM; US-OTC: MGMLF) has entered into an option agreement with Globex Mining Enterprises (TSX: GMX; US-OTC: GLBXF) regarding the past-producing Eagle gold mine, 60 km southwest…
Barrick reports a fatality at Hemlo
Operations at Barrick Gold’s (TSX: ABX; NYSE: GOLD) Hemlo mine, about 350 kilometers east of Thunder Bay, Ontario, remains suspended after a contract worker died on site late Wednesday. Perenti,…
BC approves early construction at Artemis Gold’s Blackwater
British Columbia has granted a permit for early construction work at the Blackwater gold project belonging to Artemis Gold (TSXV: ARTG). This is the first step in construction of a…
Barrick’s Q2 gold production lower on production outages
Planned and unplanned maintenance shutdowns at Nevada Gold Mines in the US and Pueblo Viejo in the Dominican Republic have resulted in a 5.4% drop in the world’s second-largest gold…