AngloGold firms up Corvus Gold acquisition
AngloGold had submitted an offer in July to buy the remaining 80.5% of Corvus for $370 million.
News
Lower than expected grades bite into Rainy River guidance for New Gold
New Gold (TSX: NGD) has cut production guidance at its Rainy River gold mine in Ontario by about 10% because of lower than expected grades. The gold miner now expects Rainy River to produce 240,000-255,000 gold-equivalent ounces this year, down from 275,000 to 295,000…
‘Here we go again,’ reacts Northern Dynasty’s Thiessen on EPA permitting decision
“Here we go again,” said Northern Dynasty Minerals (TSX: NDM; NYSE: NAK) president and CEO Ron Thiessen in reaction to the news last week that the Biden administration will reconsider…
Callinex Mines reports new drill results at its copper property in Manitoba
Callinex Mines (TSXV: CNX; US-OTC: CCLXF) has reported new results from its drill campaign at the company’s Rainbow deposit in northern Manitoba, including wide intersections of high-grade copper. The company…
Lundin Mining CEO to leave the post by year’s end
Canada’s Lundin Mining (TSX: LUN) has announced that Marie Inkster, the company’s chief executive officer in the last three years, is stepping down by the end of the year because of “personal reasons.” The Toronto-based miner,…
Endeavour Silver completes feasibility on Terronera in Mexico
Endeavour Silver’s (TSX: EDR; NYSE: EXK) 100%-owned Terronera project in Mexico’s Jalisco state would produce 3.3 million oz. payable silver and 32,874 oz. gold annually over a 12-year underground mine…
Equinox Gold grows Mesquite resource in California
Equinox Gold (TSX: EQX; NYSE: EQX) has released new reserve and resource numbers for its Mesquite mine in California and for the Fazenda Brasileiro and Riacho Dos Machados mines in…
BHP inks exploration deal with Gates and Bezos-backed Kobold Metals
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) has struck a deal to use artificial intelligence tools developed by KoBold Metals, a start-up backed by a coalition of billionaires including Bill…
Noront receives official Wyloo offer, trumping BHP bid
Noront Resources (TSXV: NOT) has finally received a formal offer from Wyloo Metals – more than three months after Wyloo first floated a proposal to acquire the Ring of Fire junior in late…
Drill challenges at Arctic won’t influence timeline, says Trilogy Metals
Trilogy Metals (TSX: TMQ; NYSE-AM: TMQ) says lower than expected drilling productivity due to adverse weather and staffing shortages at its Arctic copper project in remote northwestern Alaska will not…
i-80 Gold to create Nevada complex through asset exchange with Nevada Gold
U.S.-focused gold miner i-80 Gold (TSX: IAU; US-OTC: IAUCF) has inked a deal with Nevada Gold Mines that will help it create a major mining complex in the precious metals-rich state…
The Northern Miner Podcast – episode 255: Canadian Mining Hall of Fame inducts five new members, ft Anthony Vaccaro
This week’s episode features the opening remarks of the 2021 Canadian Mining Hall of Fame by Northern Miner group publisher Anthony Vaccaro. This year’s inductees were Patricia Dillon (b. 1952),…