Barrick pulls the trigger on Pueblo Viejo expansion
The Dominican Republic has completed a review of the location for a new tailings storage facility for Barrick Gold’s (TSX: ABX; NYSE: GOLD) US$1.4 billion Pueblo Viejo gold mine expansion…
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Civil claim filed against junior miner Pure Gold in BC Supreme Court
Pure Gold Mining (TSXV: PGM; LSE: PUR) has been named in a civil claim in the British Columbia Supreme Court for allegedly failing to disclose information relating to its operations…
Kinross to post first resource for Great Bear in 2022, with prefeasibility study to follow
Kinross Gold (TSX: K; NYSE: KGC) is aiming to report an initial inferred resource for its recently acquired Great Bear (Dixie) project in Red Lake, Ont., by the end of…
First Larkin Zone resource boosts Beta Hunt gold inventory for Karora
With the addition of a first resource for the Larkin Zone at its Beta Hunt mine in Western Australia, Karora Resources (TSX: KRR; US-OTC: KRRGF) has increased its measured and…
Vale to build US$345M ‘green’ pig iron plant in Brazil
Mining giant Vale (NYSE: VALE) has signed an agreement with the government of the northern Brazilian state of Pará to build a “green” pig iron plant in the city of…
Westhaven drills highest ever intercept (37 g/t Au and 215 g/t Ag) at Shovelnose
Westhaven Gold (TSXV: WHN) has released new results from ongoing drilling at its wholly owned Shovelnose gold project. Covering 76.2 sq. km, Shovelnose is the largest of the company’s four properties…
Probe Metals expands Monique gold deposit ahead of 2023 Val-d’Or East prefeasibility
As it works towards a 2023 prefeasibility study for its Val-d’Or East gold project in Quebec, Probe Metals (TSXV: PRB; US-OTC: PROBF) has announced the last set of results from…
Belmont reports 150 metres of 0.7% copper at Lone Star in Washington state
Belmont Resources (TSXV: BEA) reported its longest intercept of copper mineralization to date from the ongoing 7,000-metre drill program at the Lone Star copper-gold project, operated by Marquee Resources (ASX:…
Torex Gold updates Morelos Complex plans
Torex Gold Resources (TXG.TO) has released an updated technical report for the Morelos gold complex in Mexico, including an integrated life of mine plan and economics for the El Limón…
Operating troubles hold back Nevada Copper
Shares of Nevada Copper (TSX: NCU) traded at their lowest value this year after the company revealed in its annual report that the ramp-up of its Pumpkin Hollow underground copper…
Kinross in negotiations to sell Russian mines
Canada’s Kinross Gold Corp (TSX: K; NYSE: KGC) has entered exclusive negotiations with an unnamed third-party mining company after receiving several proposals to sell all its Russian assets. As part…
S&P upgrades Barrick credit rating
S&P Global Ratings has upgraded Barrick Gold’s (TSX: ABX; NYSE: GOLD) long-term corporate credit rating a notch from BBB to BBB+. With a ‘stable’ outlook, S&P in a note said…