Barrick maintains guidance despite Q1 drop
Barrick Gold (TSX: ABX; NYSE: GOLD), the world’s second-largest producer of the precious metal, expects first-quarter gold output to fall by 8.5%, as it has had to scale down operations…
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Thor Explorations to build Nigeria’s first large-scale gold mine
Thor Explorations (TSXV: THX) is moving forward with its Segilola project in Nigeria after securing a US$98-million financing. Once completed, Segilola, located 120 km from Lagos, will become the country’s…
Rio Tinto lowers copper target; flags issues at Oyu Tolgoi
Rio Tinto (NYSE: RIO; LSE: RIO) signalled on Friday a recovery in China’s economy, as it reported improved shipments of iron ore to the country, but the company cut its…
American Pacific acquires Madison with Rio Tinto as partner
For a junior exploration company with a market capitalization of $3 million, the prospect of acquiring a gold project with a past producing mine in the U.S., where Rio Tinto…
First Nations concerned about Quebec mines reopening
First Nations in Quebec and Labrador have raised concerns about the reopening of mining operations in Quebec, fearing that movement in and out of fly-in/fly-out camps will increase transmission of…
Solstice Gold updates plans for Kahuna project in Nunavut
Solstice Gold (TSXV: SGC) has completed a new technical report on its Kahuna gold project, located 26 km northeast of Rankin Inlet and 15 km from Agnico Eagle Mines‘ (TSX:…
Palladium One lays groundwork for massive sulphide project in Finland
Palladium One Mining (TSXV: PDM) has extended the Kaukua South zone anomaly at its flagship Läntinen Koillismaa (LK) PGE-nickel-copper project in north-central Finland. “Reconnaissance drilling carried out by previous owners…
Massive stimulus programs send gold to 7-year high: analysts
Gold has tallied its fourth straight session gain, continuing its rally last week, which saw the price of the precious metal reach its highest in more than seven years. Gold’s…
Troilus grows Southwest zone in Quebec
Troilus Gold (TSX: TLG; US-OTC: CHXMF) has released results from three drill holes completed at the Southwest zone within its 160-sq.-km Troilus gold project, northeast of Chibougamau, Quebec. The results…
Bluejay Mining grows Greenland footprint
Bluejay Mining (LSE: JAY) has expanded its footprint in Greenland, after securing two new mineral exploration licences surrounding its existing Kangerluarsuk zinc-lead-silver project in the island territory’s central west. The…
Barrick inks option deals with Precipitate Gold and Golden Minerals
Barrick Gold (TSX: ABX; NYSE: GOLD) has inked two earn-in agreements in as many days on projects in the Dominican Republic and Argentina. The gold major is earning a 70%…
The Northern Miner Podcast – episode 182: Mining industry ‘resilient’ in tough economy, ft Erik Buckland
This week’s episode features veteran mining recruiter Erik Buckland, senior client manager at Lincoln Strategy International. Buckland describes how the mining industry has held up relatively well compared to the…