The move gives the company mineral rights to an additional 200-metre strike length at Carlin, considered the largest vanadium deposit in North America.
Nevada Mining News
Newmont also cut overall production guidance for its North American operations for 2018.
The company has found that the project’s mineralized zone thickens and grades increase north of the main resource.
The Highland project consists of 102 Federal lode claims for a total of 825 hectares and is located along the Walker Lane Gold trend.
The mine is expected to produce an average of 62,000 ounces of gold a year over a seven-year mine life .
The Carlin Vanadium deposit is considered the largest, highest grade primary vanadium deposit in North America.
A PFS supports the development of a new Australian-backed US$599 million lithium and boron mining and processing operation in Nevada.
Pumpkin Hollow goes into production next year, but the underground mine is only the first phase of a planned Nevada copper operation four times the size.
Goldcorp Inc. CEO David Garofalo says he’s happy with his company’s portfolio of assets, but that doesn’t mean he doesn’t have a wish list.
The Pan Mine generated 8,695 ounces of gold during the second fiscal quarter.
The boss of the world's top gold miner has bought 306,000 additional shares in the company.
The gold miner’s employees will receive this year 90 shares each, taking the total held by staff to more than 1.5 million shares.
Sterling is already permitted.
Miner is advancing a pipeline of projects expected to contribute more than 1 million ounces of annual production starting in 2021.
An analyst with BMO Capital Markets relayed his impressions following a visit to one of this gold producer's mines and a presentation from senior management.
The Robertson Property located about 96km (60 miles) south of Elko, Lander County, Nevada.
At least six startups have recently placed or leased claims in the area. They join North Carolina-based Albemarle Corp., whose recently acquired Silver Peak mine and processing operation has been unearthing lithium from Clayton Valley’s brines since the mid-1960s.
Inventor and CEO of New Gold Recovery Inc., Anastasios Morfopoulos, appears to have found the holy grail of gold mining - a low cost, environmentally friendly recovery system that extracts up to 95% or more of the gold and other precious metals.
The release of Klondex Mines' full-year and fourth-quarter numbers for 2016, as well as limited guidance for 2017, prompted commentary by analysts following the company's operations in both the United States and Canada.
When Nevada became a state in 1864, an estimated 60 million acres were available for mineral entry in Nevada, of that total 16 million acres have been withdrawn.
Just 4.94 million ounces was extracted from Nevada's 30 mines in 2014.
Barrick Gold (NYSE, TSX:ABX) has exited a joint venture agreement to develop a property in Nevada, citing budgetary constraints.
Vancouver junior joint venture partners' stock jump after latest set of drilling results from Nevada property.
Corvus Gold announces most significant drill results in terms of grading and width at 100%-owned North Bullfrog project 200km northwest of Las Vegas.