Minera Alamos (TSXV: MAI) has poured its first gold at its 100%-owned Santana mine in Sonora, Mexico, five months after beginning mining operations.The Vancouver-based company said the gold was recovered from early material stacked on the mine's heap leach pad in July and August.The miner said it intended primarily to commission the carbon recovery plant and associated solution pumping systems in...Read More
In mining, grade is king. Across the commodity spectrum, some of the most anticipated results - which can determine the scope of a mining project - are assay values from drill testing.As one of mining's most influential figures, Robert Friedland, sums it up:"Mining 101. High grade is good. Low grade is bad.""The higher the grade, the smaller the environmental footprint, Friedland has said. "...Read More
Guinea's junta has appointed Moussa Magassouba, the director general of AngloGold Ashanti's (NYSE: AU; JSE: ANG) local subsidiary as the country's mines and geology minister, two months after the elite army unit overthrew President Alpha Conde.Magassouba, a western educated mining engineer and fluent English speaker, has more than 20 years' worth of experience in the industry. He joined Anglo Gold...Read More
People keep looking at the burgeoning space industry and thinking about the joyrides being taken by the likes of Elon Musk and Jeff Bezos.And of course, that's the way they want it.But in truth, the global space economy is so much bigger than that.For example, the latest major space announcement came on Oct. 21, when three companies - Nanoracks, Voyager Space Holdings, and Lockheed Martin (NYSE: L...Read More
For more information visit: www.Gold-Mountain.ca.Read More
VANCOUVER , British Columbia, Nov. 04, 2021 (GLOBE NEWSWIRE) -- Rover Metals Corp. (TSXV: ROVR) (OTCQB: ROVMF) ("Rover" or the "Company") is please...Read full newsRead More
Grab sample assays up to 13.40 gt Au from new targets north of PeRead full newsRead More
TRU Precious Metals Corp. encountered visible gold early in its 5,000 metre diamond drill program currently underway at its flagship Golden Rose Project.Read full newsRead More
GTI Resources Ltd (GTI or Company) is pleased to advise that the acquisition of Branka Minerals Pty Ltd and the vendor placement of $600,000, as advised to ASX on 18 August 2021, have now both been completed.Settlement of the acquisition and completion of the vendor placement are the final milestone...Read full newsRead More
President and CEO George Salamis discusses the latest drill results from Florida Mountain.Read More
Its US$120 billion in purchases, announced in December 2020, would be reduced by $15 billion this month, chairman Jerome Powell said.Meanwhile the bank could "be patient" regarding a rise in interest rates, he told reporters.Gold had earlier dipped towards $1,760 an ounce on the spot market and was at $1,776/oz at the time of writing.Red Lake Gold (CSE: RGLD) was the standout in Toronto, closing u...Read More
Sumitomo's investment at $1 per share gives it a 10.1% stake in Kenorland, which has a series of deals with mining majors.The pair also entered an investor rights agreement, including Sumitomo's right to appoint a director.The junior said 80% of the funds would be used for exploration and 20% for general and administrative purposes."Sumitomo's investment is a significant milestone for us and repre...Read More
Lucara lifted the bottom end of guidance for full year diamond revenue to US$195-210 million, from earlier guidance of US$180-210. Revenue in the September quarter was U$S72.Read More
As an unapologetic environmentalist, I've long been an advocate of transitioning to a cleaner, more sustainable energy and transportation economy.But as an unapologetic libertarian, I've also long been an advocate of seeking market-based solutions to make this transition possible instead of relying on imbecilic government intervention.Now, this week, world leaders have gathered in Glasgow to discu...Read More
Sherritt International (TSX: S) is making plans to expand production and lengthen the life of the Moa nickel-cobalt mine in Cuba. Moa is a joint venture of Sherritt (50%) and General Nickel Co. of Cuba (50%).The plan calls for a multi-phased approach, and work will include a new slurry preparation plant and expansion of other circuits at the mill. Existing equipment at Sherritt's 100%-owned refine...Read More
Capstone Mining (TSX: CS) has received final approvals from the U.S. Forest Service for a new mine plan for the Pinto Valley copper mine 125 km east of Phoenix, Arizona. The mine life is extended 28 years to 2039, during which time it is expected to produce 2.5 billion lb. of copper.The mine is located in the Tonto National Forest and gaining approval for the changes took five years.Capstone compl...Read More
Otso Gold (TSXV: OTSO) has restarted production and completed the first gold pour at its namesake mine operation located near the town of Raahe in central Finland.The restart of production and the gold pour is the culmination of the completion of all the preparatory works and the hiring and training of over 140 full-time staff now on site with a further 128 contractors retained to provide permane...Read More
The Canadian Mining Hall of Fame will welcome five new members at a gala dinner and induction ceremony on August 18, 2022 at the Palais Royale Ballroom in Toronto. A limited number of tickets will go on sale for the event next year. The Northern Miner is a co-founding member organization of the Canadian Mining Hall of Fame, along with the Canadian Institute of Mining, Metallurgy and Petroleum, T...Read More
Canada's B2Gold (TSX: BTO; NYSE-AM: BTG) remains optimistic about solving an impasse with the government of Mali, which refused in March renewing the miner's permit for its Menankoto exploration project, located 20 kms north from its flagship Fekola gold mine.Since beginning its activities in Mali in 2014, B2Gold had enjoyed a "positive and mutually beneficial relationship" with the country's go...Read More