Iamgold (TSX: IAG ; NYSE: IAG) on Wednesday announced another increased estimate of capital expenditures for its 70%-owned C??t?(C) gold joint venture in northern Ontario that it holds with Sumitomo Metal Mining (30%). The Toronto-based miner said in a news release that the remaining costs to complete construction and bring C??t?(C) into production would come to more than US$1.3 billion as of t...Read More

Sayona Mining (ASX: SYA; OTC: SYAXF) has further advanced its planned restart of spodumene production at its North American Lithium (NAL) operation in Quebec, with approximately 30% of plant and equipment upgrades now completed. It remains on track to deliver first concentrates in the first quarter of 2023."It is extremely pleasing to see the rapid progress at NAL as we ramp up towards the recomme...Read More

Shares in Condor Gold ((TSX: COG; LSE: CNR) jumped on Thursday after unveiling final metallurgical tests results for its flagship La India open pit gold project in Nicaragua, which it said "provide confidence" in recovery rates ahead of a definitive feasibility study.The results indicate a metallurgical recovery of 91% over the life of mine, assuming a 75-micron grind size, the company said.At...Read More

The Federal Reserve believes it hangs from the hooks of a horrendous dilemma.To cage the inflationary tiger presently amok, it would likely plunge the economy into severe recession...Yet if it navigates a wallowing economy away from recession, inflation will run and run and run.But is it a false choice? Must the Federal Reserve bludgeon the economy to cripple inflation?Consider: It believes it mus...Read More

Closing of the senior secured financing facility is subject to several conditions, including the negotiation and settlement of definitive loan facility and security documentation, Trevali said. Read More

Share this articleVANCOUVER - Signal Gold Inc. [SGNL-TSX, SGNLF-OTCQX] said Wednesday it has received environmental assessment approval from the provincial government for its Goldboro Gold Project in Nova Scotia.This marks a significant milestone in the regulatory approval process, allowing Signal Gold to commence site-specific permitting processes, including the Industrial Approval and Crown Lan...Read More

The PEA is a stand-alone mine plan to evaluate future expansion of the KSM mine to exploit the copper-rich Iron Cap and Kerr deposits after the prefeasibility study mine plan released in June has beenRead More

Alicanto wows with maiden resourceSPONSOREDalicanto mineralsSavannah eyes major Li production in PortugalSPONSOREDsavannah resourcesMining Journal and MiningNews.Net: Mongolia Country SupplementSPONSOREDClosing of the senior secured financing facility is subject to several conditions, including the negotiation and settlement of definitive loan facility and security documentation, Trevali said. Read More

Quebec-based VNP posted second-quarter earnings before interest, taxes, depreciation, and amortization (EBITDA) of US$8.6 million, up 36% from the $6.Read More

(IDEX Online) - Lucapa saw sales slide by more than a third (36 per cent) during the last quarter, down to $21.8m.At its Lulo deposit (pictured), in Angola - the mine where an historic 170-ct pink diamond was recovered last month - the Australian miner reported a 47 per cent drop in revenue to $15.6m.Meanwhile its smaller mine, Mothae, in Lesotho, saw a 27 per cent increase in revenue to $6.2m.&nb...Read More

(IDEX Online) - Burgundy, the Australian miner that bought the Ellendale deposit last year, says it aims to produce 1,200 carats of high-end polished diamonds annually through its dedicated facility.It says wholesale prices of will range from US$5,000 per carat to more than US$50,000. And it aims to double capacity at its Perth cutting and polishing center.Last year Burgundy bought the mothballed...Read More

The firm posted second-quarter adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of US$55.8 million, below the market consensus of $69 million. EBITDA was down 10.Read More

Shares of East Coast-focused Signal Gold (TSX: SGNL) rose 17% Wednesday on the news that its Goldboro gold project has been approved by the Nova Scotia government. The environmental assessment approval, announced by the provincial Minister of Environment and Climate Change Timothy Halman, will allow the Toronto-headquartered miner to start applications for its industrial approval and Crown Land...Read More

Australia's Silver Lake Resources (ASX: SLR), the new owner of the Sugar Zone mine in northern Ontario, is prepared to invest between $31.2 million and $41.1 million over the next two years on operational improvements and cost reductions on the struggling project, the company said in its recent quarterly report.Silver Lake acquired Sugar Zone in February after winning the bid for the mine's previo...Read More

Denison Mines (TSX: DML) has achieved a key milestone in the advancement of its Wheeler River uranium project in Saskatchewan with the completion of metallurgical test work to define the mechanical components for the planned processing plant at the Phoenix deposit. The metallurgical program has confirmed the ability to produce a yellowcake product that meets industry standard ASTM C967-13 s...Read More

There are few things that are more alluring and exciting than a diamond - but one of them is a significant new diamond discovery. Now those are truly rare. In Canada, we haven't had a significant diamond discovery for years - and the current lack of spending on exploration makes one less likely to happen in the future. Globally, exploration for diamonds has nearly ground to a halt. In Canada...Read More

Seabridge Gold (TSX: SEA; NYSE: SA) has announced results of a preliminary economic assessment (PEA) for a potential copper-rich underground mine at its 100% owned KSM project located in northern British Columbia. The PEA represents a standalone mine plan that has been undertaken to evaluate a potential future expansion of the KSM mine to the copper-rich Iron Cap and Kerr deposits after its prefea...Read More

Baffinland Iron Mines has sent termination notices to over 1,100 workers at Mary River iron ore mine, in Nunavut, as the company's request to increase production to 6 million tonnes through to the end of the year and an expansion application have yet to be answered.The operation on the northern tip of Baffin Island suffered a major blow in May after a review board advised against an expansion on e...Read More

British Columbia posted the largest increase in exploration spend among Canada's provinces year-over-year in 2021, with a 124% jump to US$493 million, according to S&P Global's 2022 WorldRead More

Over the past few decades, one of the most popular physical silver assets among amateur investors has been so-called "junk silver coins."Junk silver coins are government-minted currency coins that have little to no collectible value, but instead are valued for the silver they contain.Prior to the mid-1960s, governments including the United States and United Kingdom used an alloy mixture that conta...Read More