Kirkland Lake earnings boosted by Detour mine
Kirkland Lake Gold‘s (TSX: Kl; NYSE: KL; ASX: KLA) acquisition of Detour Gold and its Detour Lake mine in Ontario earlier this year now accounts for more than 40% of…
Gold
Iamgold cuts guidance after Westwood mine halt
Iamgold (TSX IMG; NYSE: IAG) has again lowered its production targets for the year, after suspending operations at its Westwood underground mine in southwestern Quebec following an earthquake. The Toronto-based…
SilverCrest discovers high-grade zone at Las Chispas
SilverCrest Metals (TSX: SIL; NYSE: SILV) has discovered a new high-grade zone at its wholly owned Las Chispas project in Mexico’s Sonora state, 180 km northeast of Hermosillo. Named El…
Franco-Nevada posts record Q3 revenues, income
With most major mining assets back up and running after coronavirus-related stoppages earlier this year, and amidst strong commodity prices, Franco-Nevada (TSX: FNV; NYSE: FNV) has reported record third-quarter financial…
O3 Mining hits near-surface gold at Malartic
Drilling at O3 Mining’s (TSXV: OIII) Malartic property in Val d’Or, Que., hit near-surface extensions of the Kierens gold deposit, outside of the proposed pit outlines defined in a September…
Torex Gold posts ‘extraordinary’ Q3 results
Mexico-focused Torex Gold Resources (TSX: TGX) is the latest gold miner to report surging profits on the back of a strong gold price. For its third quarter, Torex poured 131,790…
Copper Mountain posts strong Q3, lowers cost guidance
In the third quarter, Copper Mountain Mining’s (TSX: CMMC) flagship namesake open-pit mine in B.C., 20 km south of Princeton, generated 23.8 million lb. copper-equivalent, at all-in sustaining costs of…
Yamana to acquire Monarch Gold in $152M deal
Yamana Gold (TSX: YRI; NYSE: AUY; LSE: AUY) is expanding its footprint in the precious metals-rich Abitibi region of Quebec by acquiring all shares in smaller rival Monarch Gold (TSX:…
TSX Venture falls nearly 5%, Oct. 26-30
The S&P/TSX Venture Composite Index fell 34.35 points, or 4.78%, to 683.78 during the Oct. 26-30 trading week. Spot gold finished the trading week at US$1,878.60 per oz., down US$22.70…
Yamana raises dividend 50% on blowout earnings
Yamana Gold (TSX: YRI; NYSE: AUY; LSE: AUY) announced drill results that provide further support for the development of a future underground operation at the East Gouldie, Odyssey and East…
Joint Venture Article: Maple Gold Mines, a success story 40 years in the making
Where others have stumbled, Maple Gold Mines has stayed the course and is ready to advance their Douay project in Quebec’s Abitibi Greenstone Belt. Through a tumultuous period defined by…
Quebec snapshot: Eight companies to watch
With a large landmass, favourable mining policies and a strong history of mine development and operations, Quebec is one of the world’s top destinations for mineral explorers and developers. Below,…