OceanaGold reports $124M profit for 2018
OceanaGold (TSX: OGC; ASX: OGC) reported annual revenue in 2018 of US$773 million and net profit before unrealized gains or losses on undesignated hedges of US$124 million. Earnings before interest, tax,…
Articles by Northern Miner Staff
First Mining hits higher gold recoveries at Springpole
First Mining Gold (TSX: FF; US-OTC: FFMGF) says positive interim metallurgical test results for its Springpole gold project, located 110 km northeast of Red Lake, Ont., could increase the project’s…
Kinross Gold posts $23.6M loss for 2018
Kinross Gold (TSX: K; NYSE: KGC) produced 2.45 million gold-equivalent ounces last year with record production from its Paracatu mine in Brazil and its Bald Mountain mine in Nevada, and…
Silvercrest finds high-grade vein at Las Chispas
Silvercrest Metals (TSXV: SIL; NYSE: SILV) has discovered the Babi Sur silver-gold vein on its Las Chispas property in Sonora, Mexico, through recent drilling. The company intersected high-grade silver and…
United States Snapshot: Ten companies with projects on the go in the USA
Mining and mineral exploration in the U.S. has been on an uptick in recent years, thanks to higher gold and silver prices, and an easing in some regulatory burdens. Here’s…
Ascendant doubles resource of Lagoa Salgada in Portugal
Ascendant Resources (TSX: ASND; US-OTC: ASDRF) has nearly doubled the number of tonnes at both its North and South deposits, part of the Lagoa Salgada polymetallic project in Portugal’s Iberian…
Facts ‘n’ figures: Central banks buoyed gold demand in 2018
The following is an edited summary from the World Gold Council, based on its Gold Demand Trends Full Year and Q4 2018 report. To access the full report, visit www.gold.org. Global gold demand…
BMO: Silvercrest Metals an attractive takeover candidate
Silvercrest Metals (TSXV: SIL) expects to update the resource estimate and complete a preliminary economic assessment in the first quarter of the year on its Las Chispas silver project in…
First Cobalt extends mineralization at Iron Creek in Idaho
First Cobalt (TXSV: FCC; US-OTC: FTSSF) has extended copper-cobalt mineralization along strike at both its Waite zone and No Name zone, part of its Iron Creek cobalt project in Idaho….
Roxgold acquires Newcrest’s Seguila project in Cote d’Ivoire
Roxgold (TSX: ROXG; US-OTC: ROGFF) is purchasing from Newcrest Mining (ASX: NCM) a large and carefully assembled land package in Cote d’Ivoire that includes the Seguela gold project and its…
SEMAFO tables maiden resource of Bantou gold zone
SEMAFO (TSX: SMF; US-OTC: SEMFF) has tabled a maiden resource for the Bantou gold zone, located about 170 km south of its Mana gold mine in Burkina Faso, totalling 2.1…
Vale evacuates 500 people near Sul Superior tailings dam as ‘safety measure’
Vale (NYSE: VALE) is evacuating 500 people from an area below the Sul Superior dam, an upstream tailings dam that used to support production from the company’s Gongo Soco mine,…