JV at Canada’s biggest gold mine eyes underground potential
Partners Agnico Eagle and Yamana Gold will begin construction on an underground ramp at their Canadian Malartic open pit mine, 25 km west of Val-d’Or, in August.
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Auryn to acquire Eastmain, create Fury Gold
Fury Gold will combine the high-grade gold projects: Committee Bay in Nunavut, Homestake Ridge in B.C. and Eau Claire in Quebec.
Deep-sea minerals could meet the demands of battery supply chains – but should they?
Concerned scientists have highlighted our limited knowledge of the deep-sea and its ecosystems.
Gold stocks’ autumn rally
Gold and gold stocks are entering their strong season.
MINING PEOPLE: Alexco, Aurion Resources, Honey Badger, Kincora Copper, Tectonic Metals
Key moves in the mining industry.
Centerra Q2 profits surge, dividend raised
The miner recorded net income of $80.7 million or $0.27 per share for Q2 2020, more than double the previous year's profits.
Industrias Peñoles says has placed $600 million in international bonds
Peñoles said it would use a part of the proceeds to prepay a $300 million loan maturing in 2024.
Codelco boosts copper output despite pandemic
The company reported pretax profits of $380 million in the first half of 2020, an increase of 20% over the same period in 2019.
Eldorado gold production up 50% over Q2 2019
The company is maintaining 2020 guidance of 520,000-550,000 ounces at an all-in sustaining cost of $850-$950 per ounce sold.