It now expects to produce at least 180,000-210,000 ounces of gold this year at Kışladağ, which brings Eldorado's full-year guidance down from 365,000-400,000 ounces to 315,000-365,000 ounces.
Canada Mining News
The study found Canada's oil sands had a substantial impact on Quebec's economy in terms of employment, gross domestic product (GDP) and tax revenue, in a 12-month period between 2014 and 2015.
Once at full-tilt, Rainy River mine is expected to generate an average of 325,000 ounces of gold a year.
Both authorities and the Canadian miner company have officially ruled out possibility of finding them alive.
The Yukon is now one of the hottest jurisdictions globally for gold exploration.
Oil prices have cratered in recent weeks, dipping to their lowest levels in more than seven months and any sense of optimism has almost entirely disappeared.
The junior miner claims the Department of Antioquia's mining authority did not process its exploration application in accordance with the country’s mining code.
Fiscal for two missing miners in Chile expects to learn the truth of what happened in Mandalay’s mine
One of the authorities involved in an investigation into Mandalay's mine accident earlier this month says at this point what matters is to learn the truth of what really happened.
Canada could be back to producing tungsten again following the closure of the country's only tungsten mine in late 2015.
The acquisition of the Toughnut Project in British Columbia would provide strategic access to the Silver King Shear Zone adjacent to the explorer's existing properties.
Minerals company Cobalt 27 Capital Corp made its debut on Canada's Venture Exchange on Friday, raising C$200 million in a listing that offers investors exposure to cobalt, a key metal for batteries in electric cars.
Having climbed almost 64% since the start of the year, investor sentiment towards SolGold appears to be quite positive.
Chances of finding the missing workers alive are almost nil, they say.
The firm will be world’s largest potash miner and No.2 nitrogen fertilizer producer.
Today, K+S Potash Canada (KSPC) is pleased to accept their first domestic rail cars built by National Steel Car (NSC) in Hamilton, Ontario, the same manufacturer that produced the company’s international fleet last fall.
Exploration on its Quebec property is up next for this junior after raising money from some prominent players, says The Critical Investor in this company update.
FLSmidth will be working with Goldcorp to develop EcoTails™, a new system to dramatically improve tailings and waste rock disposal.
The asset, in the state of Zacatecas, is located about 50 kilometers (31 miles) from Goldcorp’s flagship Peñasquito mine.
News come as the Calgary-based firm is trying to win over investors upset by its $17.7-billion acquisition of oil sands and natural gas assets from ConocoPhillips Co.
With the completion of the Japanese firm acquisition of 30% of Côté Gold Project, IAMGOLD's liquidity now exceeds $1 billion.
It’s a buyer’s market—if you know what you’re looking for.
Protest seems to be about a variety of issues, including claims that mining at Escobal is causing seismic activity in Casillas, located about 20 km from the operation.
More supply will likely drag prices lower, as the metal already touched a one-year low of $8,680 per tonne on the London Metal Exchange last week and is down more than 10% this year.
A waterproof camera is expected to reach Monday the area where the miners are believed to have been working and where the shelter is located.
A high-grade copper-zinc volcanogenic massive sulphide (VMS) project in British Columbia will now be developed by Desert Star Resources (TSXV:DSR).