August 9, 2022

Imperial Metals records $29.3M net loss in Q2 as it works to reopen Mount Polley

Imperial Metals (TSX: III) racked up further losses during the second quarter of 2022, recording an adjusted net loss of $29.3 million compared […]

August 9, 2022

Hudbay Minerals reaffirms 2022 guidance as production, costs improve in Q2

On the financial front, Hudbay recorded net earnings of $32.1 million for the second quarter of 2022, compared with $63.8 million in Q1 2022.

August 9, 2022

How much gold is a bitcoin worth?

This graphic compares the two assets by showing how much gold is equivalent to one bitcoin.

August 9, 2022

Pope worried about pollution of rivers with mercury used by gold miners in the Amazon

Francis will install the first cardinal of Brazil's Amazon region this month in a sign of his concern for the rainforest and its indigenous inhabitants.

August 8, 2022

Coeur Mining faces heightened balance sheet risk over the next 12 months

The miner reported its operating and financial results for the second quarter, posting a loss of $77.4 million after reporting a profit in the same period a year earlier.

August 8, 2022

B2Gold, AngloGold shelve Gramalote gold JV in Colombia 

The project was previously put on hold in 2014 after softer gold prices discouraged the JV from proceeding with a feasibility study.  

August 8, 2022

St Barbara wants to raise tailings dam at Touquoy gold mine in Nova Scotia

St Barbara could be forced to suspend its Touquoy mine soon should it fail to receive government approval for a proposed tailings capacity expansion.

August 8, 2022

Barrick Gold boss tells miners to brace for more inflation

Barrick said costs would trend toward the high end, or even slightly exceed, its guidance range.

August 8, 2022

Signal Gold obtains environmental approval for Goldboro project in Nova Scotia

The Goldboro Phase 1 open pit is expected to produce 100,000 oz. of gold per year at an average grade of 2.26 g/t over an 11-year mine life.

August 8, 2022

Imperial Metals’ Mount Polley restart facing budget shortfall

The company had previously aimed to reopen the mine operation by the end of June.