Monarch Mining feeds first ore to Beacon mill in Quebec
In an update on the recommissioning of its wholly owned Beaufor mine and Beacon mill, Monarch Mining (TSX: GBAR; OTC: GBARF) said it has begun feeding ore to the mill and expects…
Gold
Hecla Mining acquires Yukon miner Alexco Resource in all-share deal
American silver producer Hecla Mining (NYSE: HL) has agreed to acquire all shares of Canadian Alexco Resource (TSX: AXU: NYSE-AM: AXU) it doesn’t already own, in a deal that values the target’s…
S&P/TSX Venture Composite Index tumbles more than 5% in June 27-July 1 trading week
Over the June 27 to July 1 trading week, the S&P/TSX Venture Composite Index fell 35.1 points or 5.38%, to end at 617.26. Among the top gainers in terms of…
Canada’s Top Ten miners by market cap
Canada contains vast mineral resources and is considered a tier one mining jurisdiction with a skilled workforce and robust regulatory environment. Canadian mining companies are leaders in the exploration and…
Montage Gold raises $20 million to acquire Mankono-Sissedougou JV
West Africa-focused gold explorer Montage Gold (TSXV: MAU) has closed a financing of approximately $20 million to fund its acquisition and subsequent development of the Mankono-Sissédougou joint venture project in…
Osisko Development posts first resource for San Antonio gold project in Mexico
Osisko Development (TSXV: ODV; NYSE: ODV) has provided an initial open-pit resource estimate for the Sapuchi, Golfo de Oro, California, High Life and Calvario deposits at its San Antonio project…
Video: How mining could get to net zero before 2050 – ESG panel
The mining world has quickly embraced environmental, social and governance (ESG) principles and more companies are seeing the need to meet those priorities, even on the level of investment, said…
Kinross to publish Great Bear resource estimate with 2022 results
Canada’s Kinross Gold (TSX: K; NYSE: KGC) expects to declare an initial mineral resource for its recently acquired Great Bear gold project in Red Lake, Ont., as part of its…
Updated expansion study for Alamos Gold’s Island mine ups capex in return for ‘more profitable operation’
Alamos Gold’s (TSX: AGI; NYSE: AGI) Island gold mine is expected to produce 287,000 oz. gold on average every year from 2026 onwards, which is 22% higher than the company’s…
Western Copper feasibility on Casino outlines $2.3B after-tax NPV, $3.6B capex
Western Copper and Gold (TSX: WRN; NYSE: WRN) has shared the feasibility study on its flagship Casino deposit located 300 km northwest of Whitehorse, Yukon. The project is being developed…
USGS deploys satellite imagery in the global fight against illegal mining
The USGS has deployed its scientific capabilities and high-tech tools in the global fight against illegal mining. The organization’s scientists are playing a leading role in a project involving a…
Seabridge boosts KSM economics in updated prefeasibility, but capex rises to US$6.4B
Seabridge Gold (TSX: SEA; NYSE: SA) has released an updated preliminary feasibility study for its 100% owned KSM project located in northern B.C., considered to be one of the largest…