Aftermath Silver purchases Berenguela from SSR Mining
Company has signed an agreement with SSR Mining to purchase 100% of the silver-copper project in Peru.
Northern Miner Staff
Posts by Northern Miner Staff:
Kinross to acquire 70% of Peak Gold in Alaska for $93m
The open-pit project is expected to start production in 2024.
Atlantic Nickel extends Santa Rita mine life to 34 years
Appian Capital Advisory’s Atlantic Nickel has released the results from a preliminary economic assessment (PEA) of its wholly owned Santa Rita nickel-copper-cobalt mine in northeastern Brazil.
Lundin reports interruption to operations at Chapada
Company has withdrawn its 2020 production, cash cost and capital expenditure guidance for its copper and gold mine in Brazil after a power outage caused damage to all four of the operation’s SAG and ball mill motors.
E3 Metals discovers lithium enriched aquifer in south-central Alberta
The lithium enrichment was discovered in the Nisku aquifer, and the company says sampled lithium grades ranged up to 75 milligrams per litre (mg/L).
Central Asia Metals fined for tailings breach
Company to pay $75,757 for a tailings breach at its Sasa zinc-lead mine in North Macedonia on Sept. 14.
Global gold output to contract by 1.7% – report
According to GlobalData, all the world’s top gold producers are expected to experience a reduction in output during 2020.
TomaGold sells 25% interest in Monster Lake to Iamgold
Under the sales agreement, Iamgold will pay TomaGold C$500,000 in cash and C$8 million in shares.
CIBC issues new forecasts for gold and silver prices
Bank has raised its gold price forecasts to $2,300 per oz. in 2021, $2,200 per oz. in 2022, $2,100 per oz. in 2023 and $2,000 per oz. in 2024.
Nearly half of TSX30 ranking are mining companies
Fourteen of the Toronto Stock Exchange’s 30 top performers on the TSX30 2020 ranking are mining companies.
First Quantum to sell Spanish mine for $190M
Global Panduro, an entity controlled by US private equity Resource Capital Funds, will acquire the past-producing Las Cruces copper mine.
