Pure Gold raises C$25m to ramp up Red Lake mine; AngloGold ups stake
The PureGold mine is one of the highest grade gold mines on the globe, with probable resources averaging 8.97 g/t gold.
Canadian Mining Journal Staff
Posts by Canadian Mining Journal Staff:
New Found Gold makes new discovery of 28+ g/t in Keats footwall
New Found first encountered the Keats footwall in October 2021 when it drilled 3.4 metres grading 88.53 g/t gold.
Osisko confirms new high-grade zone at Golden Bear
Osisko says the new zone displays silica alteration and pyrite with visible gold, similar to the Lynx zones at Windfall.
Genesis Metals closing in on 1moz gold in resources at Chevrier project
The 100%-owned Chevrier property covers 275 sqkm of the Abitibi Greenstone Belt.
Gowest gets $15m boost for Bradshaw from Hong Kong’s Greenwater
Gowest began drilling the Bradshaw deposit in 2010 and produced a prefeasibility (PFS) study in 2015.
Fortune Minerals plans Alberta cobalt refinery
The company says the plant, which it will purchase for C$5.5 million, will significantly reduce the cost of developing its NICO cobalt-gold-bismuth-copper project.
Komatsu offers Joy 02ESV scoop with longer time between charges
Scoops are true utility workhorses in a soft rock mine. They handle multiple tasks, including maintenance, re-supply, clean-up and rock dusting. To […]
Macassa #4 shaft reaches 1,950 metres, to be completed late 2022
Production at Macassa during 2021 totalled 210,192 oz gold, an increase of 15% over the previous year.
Mining People: Canterra, Defense Metals, First Majestic, MacDonald Mines, Mountain Province, Nighthawk, Stratabound
Key moves in the mining sector.
Teck teams up with DLT Labs on blockchain initiative to trace germanium
Teck Resources is the latest company to explore the use of blockchain technology to track material through the supply chain, from production to final product.
Tahltan Nation backs Skeena’s Eskay Creek gold project in British Columbia
The Tahltan Central Government board of directors may consider granting consent for the Eskay Creek project in January.
