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.
Latest Stories
Magna tables PFS with ‘base-case’ plan for San Francisco gold mine
Study suggests a 16,875 t/d heap-leach operation, using existing processing capacity, generating an average of 69,000 gold oz. per year between 2021 and 2027 at AISCs of $1,204 per oz.
Trump says ‘no politics’ in Pebble mine review – Northern Dynasty stock surges
Trump's announcement comes as doubts about the project have risen over recent months.
MINING PEOPLE: Alexco, Benz, Canstar, Cross River Ventures, Maritime, SilverCrest, Troilus
Key moves in the mining sector.
RPMGlobal bolsters coal scheduling solution with support for longwall mining
RPMGlobal has introduced longwall support to its Underground Coal Solutions (UGCS) software. UGCS is RPMGlobal’s scheduling package purpose-built for underground coal operations; the […]
B2Gold drilling near Fekola yields positive results
The company is continuing drilling near Fekola and the Anaconda area as part of its $18 million program this year.
Uranium One targets 10% of lithium market by 2030
The unit of Russia's state-owned nuclear energy firm Rosatom, plans to begin producing lithium by 2023.
AngloGold starts commercial production at Boston Shaker
Underground mine to deliver approximately 1.1 million tonnes of ore per year at an estimated grade of 3.5 grams/tonne.
South Africa looks to mining industry to fuel covid-19 recovery
The industry contributed 8.1% of South Africa’s GDP last year, from a peak of more than 20% in the 1980s.
