February 21, 2020

Pan American boosts dividend by 43% on strong 2019 cash flow

During the fourth quarter alone, Pan American generated $129.5 million from operating activities, the highest in company history.

February 21, 2020

Coeur halts Silvertip mine, books huge charge

The decision caused Coeur to book a $251 million impairment charge on the Canadian asset.

February 21, 2020

Teck warns of C$1.13bn hit if Trudeau rejects Frontier project

The warning came as Teck reported a 76% fall in fourth-quarter adjusted profit.

February 21, 2020

Klondike sells all gold assets in British Columbia

The company's CEO said the plan is to focus on the Klondike District gold project in the Yukon Territory.

February 20, 2020

IAMGOLD posts loss for 2019, stock drops

The company posted a net loss from continuing operations of $373.3 million on revenues of $1.1 billion.

February 20, 2020

Canada vs US: how exchange rates impact mining salaries

Strength of US dollar puts American workers at advantage.

February 20, 2020

Kirkland boosts payout, exploration spend after Detour buy

Company expects capital spend of $500 million this year compared to $245 million previously.

February 20, 2020

Barrick opposes Sokimo’s sale of interest in Kibali

Sokimo can’t sell or transfer its shares in the mine without the approval of both Barrick and its JV partner AngloGold.

February 19, 2020

Calibre Mining posts first results as a producer

Calibre posted a net income of $3.1 million for the quarter on revenue of $57.8 million.

February 19, 2020

Wesdome extends Kiena Deep A zone

Highlights of infill drilling include 9.2 metres of 66.8 g/t gold and 10.5 metres of 106.3 g/t gold.