Barsele updates resource on Agnico JV in Sweden
Barsele Minerals (TSXV: BME; US-OTC: BRSLF) has tabled an updated resource estimate for its Barsele gold project in northern Sweden totaling 5.5 million indicated tonnes grading 1.81 grams gold per…
2019
Teranga Gold completes initial resource on Golden Hill
After 18 months of drilling at its Golden Hill exploration project in southwestern Burkina Faso, Teranga Gold (TSX: TGZ; US-OTC: TGCDF) has completed a maiden resource estimate. The plan is…
Katanga Q4 loss on suspended cobalt sales, higher costs
Katanga Mining (TSX: KAT; US-OTC: KATFF) lost $116 million in 2018’s fourth quarter to end the year with $13.4 million in gross profit, a result of temporary cobalt sale suspensions,…
The Northern Miner Podcast – Miner Moment #20: Is Barrick still Canadian and does it matter? Ft Lassonde, Bristow
This mini-podcast features a clash of visions between Franco-Nevada chairman Pierre Lassonde and new Barrick Gold president and CEO Mark Bristow on the value of keeping Barrick’s Canadian identity and…
OceanaGold reports $124M profit for 2018
OceanaGold (TSX: OGC; ASX: OGC) reported annual revenue in 2018 of US$773 million and net profit before unrealized gains or losses on undesignated hedges of US$124 million. Earnings before interest, tax,…
First Mining hits higher gold recoveries at Springpole
First Mining Gold (TSX: FF; US-OTC: FFMGF) says positive interim metallurgical test results for its Springpole gold project, located 110 km northeast of Red Lake, Ont., could increase the project’s…
Cost-overruns sink shares of Nemaska Lithium
Eight months after the start of construction of its Whabouchi lithium project in Quebec, Nemaska Lithium (TSX: NMX; US-OTC: NMKEF) says it will cost another $375 million to complete the…
Kinross Gold posts $23.6M loss for 2018
Kinross Gold (TSX: K; NYSE: KGC) produced 2.45 million gold-equivalent ounces last year with record production from its Paracatu mine in Brazil and its Bald Mountain mine in Nevada, and…
Bolivia’s door creaks open to foreign mining investment
SANTIAGO, CHILE — A first-of-its kind deal between Bolivia’s state mining company Comibol and Vancouver-based explorer New Pacific Metals (TSXV: NUAG; US-OTC: NUPMF) promises to usher in a new period of…
Silvercrest finds high-grade vein at Las Chispas
Silvercrest Metals (TSXV: SIL; NYSE: SILV) has discovered the Babi Sur silver-gold vein on its Las Chispas property in Sonora, Mexico, through recent drilling. The company intersected high-grade silver and…
United States Snapshot: Ten companies with projects on the go in the USA
Mining and mineral exploration in the U.S. has been on an uptick in recent years, thanks to higher gold and silver prices, and an easing in some regulatory burdens. Here’s…
Ascendant doubles resource of Lagoa Salgada in Portugal
Ascendant Resources (TSX: ASND; US-OTC: ASDRF) has nearly doubled the number of tonnes at both its North and South deposits, part of the Lagoa Salgada polymetallic project in Portugal’s Iberian…