Popular News

Trilogy Metals is cashed up and ready to go in Alaska

February 11, 2019 / www.northernminer.com

South32 (LON: S32) has the next 11 months to decide whether it wants to write a US$150-million cheque for a 50% stake in Trilogy Metals' (TSX: TMQ; NYSE-AM: TMQ) two base metal deposits in Alaska - Arctic and Bornite.To keep that option, the mining and metals giant has been required since 2017 to spend US$10 million a year on exploration at Bornite, which has an inferred resource of 5.45 billion l...Read More

SEMAFO tables maiden resource of Bantou gold zone

February 11, 2019 / www.northernminer.com

SEMAFO (TSX: SMF; US-OTC: SEMFF) has tabled a maiden resource for the Bantou gold zone, located about 170 km south of its Mana gold mine in Burkina Faso, totalling 2.1 million inferred tonnes grading 5.35 grams gold for 361,000 oz. gold.SEMAFO based its resource on more than 12,700 metres drilled across 80 holes. In 2018 it drilled more than 4,200 metres across 13 holes testing the deposit's down...Read More

Rio to revisit historic highs

February 11, 2019 / www.mining-journal.com

Citi, a well-credentialled investment bank, earlier today penciled in A$102 as the target price for the stock, which has received an unexpected boost from a sharp increase in the price of iron oreRead More

McEwen Mining on verge of production at Gold Bar

February 11, 2019 / www.northernminer.com

McEwen Mining (TSX: MUX; NYSE: MUX) expects to pour first gold at its Gold Bar mine project in central Nevada before the end of February, just fourteen months after breaking ground in November 2017.Commercial production is forecast to follow before the end of the first quarter, a dramatic schedule, says Chris Stewart, the company's president."I'd say that's pretty darned good," he says. "Typically...Read More

Update: Pure Gold releases feasibility study on Madsen in Red Lake

February 11, 2019 / www.northernminer.com

With its recently completed feasibility study behind it, Pure Gold Mining (TSXV: PGM) expects to make a production decision on its Madsen project in Red Lake in the coming weeks and could begin construction in April, with first gold poured as early as May 2020.The project has significant mining, milling and tailings infrastructure already in place, as well as all major permits, so pre-production c...Read More

AngloGold to pour first gold at Obuasi mine by year end

February 11, 2019 / www.mining.com

South Africa's AngloGold Ashanti (NYSE:AU) (JSE:ANG), the world's third-largest producer of the metal, has completed the first week of underground development blasting at its Obuasi mine, in Ghana, as part of a redevelopment project that aims at having the operation pour first gold by the end of the year.The first blast, on February 1, advanced development by around 4.2 metres on the 2,700 level,...Read More

Benchmark drills 52 g/t Au and 846 g/t Ag over 3 metres

February 11, 2019 / www.mining.com

Map of B.C.'s Golden Triangle, showing the Lawyers gold-silver project near the eastern boundary of the region. (Image: Benchmark Metals)Benchmark Metals of Edmonton has the results of drilling at the Dukes Ridge zone at the Lawyers gold-silver project in the Golden Triangle. The holes intersected wide intervals of near 1 g/t gold equivalent and narrower intervals of high grade gold and silver min...Read More

$58B pacific mine claim seen at risk as referendum nears

February 11, 2019 / www.mining.com

A mining company claiming interests in copper and gold reserves estimated at $58 billion on the Pacific island of Bougainville said its rights are under threat by efforts to revive the resource sector in the run up to a independence referendum.At the heart of the dispute is the Panguna mine, which was operated by Sydney-listed Bougainville Copper Ltd. for 17 years before shutting in 1989 amid clas...Read More

Brazil miner Vale knew deadly dam had heightened risk of collapse

February 11, 2019 / www.mining.com

Vale SA, the world's largest iron ore miner, knew last year that the dam in Brazil that collapsed in January and killed at least 165 people had a heightened risk of rupturing, according to an internal document seen by Reuters on Monday.The report, dated Oct. 3, 2018, shows that Vale classified Dam 1 at the C??rrego do Feij??o mine in Brumadinho as being two times more likely to fail than the maxim...Read More

Northern Graphite to increase Bissett Creek's production by 20%

February 11, 2019 / www.mining.com

Northern Graphite (TSXV: NGC) announced that it is considering increasing annual concentrate production by at least 20 per cent at its Bissett Creek graphite project between Ottawa and North Bay, eastern Canada. This would mean integrating an initial production rate of approximately 25,000 tonnes per year into its development plans.Following an analysis performed by G Mining Services, Northern Gra...Read More