Macassa #4 shaft reaches 1,950 metres, to be completed late 2022
Kirkland Lake Gold (TSX: KL; NYSE: KL; ASX: KLA) announced that the new, $240 million #4 shaft at its Macassa gold mine reached its planned depth of 1,950 metres on…
Articles by Marilyn Scales
Capstone enters exploration deal with BHP Copper for project near Pinto Valley
Capstone Mining (TSX: CS) has entered into an 18-month agreement to conduct drilling and collect metallurgical samples at BHP Copper’s Copper Cities project, located 10 km east of Capstone’s Pinto…
CNSC okays Denison amendment of McClean Lake tailings licence
The Canadian Nuclear Safety Commission (CNSC) has granted permission to expand the McClean Lake tailings management facility (TMF), reported Denison Mines (TSX: DML; HYSE: DNN). The uranium mine, mill and…
Electra signs recycling, cobalt supply deal with Marubeni
Electra Battery Materials (TSXV: ELBM; US-OTC: ELBMF) has signed a battery recycling and cobalt sulphate supply agreement with Japanese conglomerate Marubeni. The two have signed a memorandum of understanding that…
Adventus, Salazar secure $235.5M to advance Curipamba copper project
Adventus Mining (TSXV: ADZN; US-OTC: ADVZF) and Salazar Resources (TSXV: SRL; US-OTC: SRLZF) have secured financing of US$235.5 million with which to advance their Curipamba copper project in central Ecuador….
Equinox Gold meets guidance with 602,100 oz. in 2021
Equinox Gold (TSX: EQX; NYSE: EQX) produced a record amount of gold – 602,100 oz. – last year, easily meeting guidance and delivering 26% more ounces than in 2020. All-in…
Bedford report lists mining’s top paid executives and directors
Toronto-based Bedford Group/TRANSEARCH has released its 2021 report on executive and board compensation in the mining industry. The firm collected data for the 2020 year-end from 276 mining companies between…
Galleon Gold delivers West Cache PEA with $150M capex
Galleon Gold (TSXV: GGO) has delivered its first preliminary economic assessment, including an updated resource estimate, for its West Cache gold project near Timmins, Ontario. The PEA examines a 2,400-tonne-per-day…
Windfall resources hit 6.8 million oz gold: Osisko Mining
Osisko Mining (TSX: OSK) has released the updated resource estimate for its Windfall gold project that puts 3.2 million oz. in the inferred category plus 3.6 million oz. in the…
Moneta says gold recovery 95.5% in tests of Tower mineralization
Moneta Gold (TSX: ME; US-OTC: MEAUF) says metallurgical testing of samples from its Tower gold project in Ontario averaged recoveries of 95.5%, with 38.8% of the gold reporting to the…
Magna wraps 2021 drilling at Shakespeare with long, strong nickel and copper
Magna Mining (TSXV: NICU) has wrapped up 2021 drilling at its Shakespeare nickel-copper project 70 km southwest of the Sudbury Basin in Ontario. The most recent assays point toward long…
McEwen Copper commits to PFS for Los Azules
The McEwen Copper division, 81% owned by McEwen Mining (TSX: MUX; NYSE: MUX), is advancing its Los Azules copper project in the San Juan province of Argentina to the pre-feasibility stage….