Osisko Mining bulk sample ‘early Christmas gift’ for shareholders, CEO says
Preliminary results from a bulk sample taken at the Windfall Lake deposit in Quebec delivered an average head grade of 9.7 grams gold per tonne and 5.5 grams silver per…
Canada
Fruta del Norte, Cobre Panama lead wave of new 2019 mines
As a new year approaches, The Northern Miner runs down 15 of the most interesting new mines scheduled to begin production in 2019. Fruta del Norte (gold) Lundin Gold The Fruta…
OSC slaps Katanga Mining, CEO, and former board members with $34.4M in penalties
The Ontario Securities Commission has fined Katanga Mining (TSX: KAT) along with former members of its board of directors, including Aristotelis Mistakidis, Glencore‘s (LON: GLEN)’s head of copper trading, for…
Barrick ends joint venture with ATAC Resources
Shares of ATAC Resources (TSXV: ATC) plunged 25% on news that Barrick Gold (TSX: ABX; NYSE: ABX) is terminating its earn-in joint venture on the junior’s Orion project, part of…
Casa Minerals discovers new zone at Pitman gold project
Casa Minerals (TSXV: CASA) has discovered a new zone at its Pitman gold project near Terrace, B.C., 1 km south of the Golden Dragon gold discovery it made earlier this…
Kirkland Lake Gold outlook sees steady production growth
Kirkland Lake Gold (TSX: KL; NYSE: KL) expects production growth of 10%-15% annually over the next three years with consolidated output of 740,000-800,000 ounces of gold in 2019, 850,000-910,000 ounces…
Amarc to drill Joy copper-gold project in BC
Amarc Resources (TSXV: AHR; US-OTC: AXREF) has identified five clusters of drill ready targets that cover areas ranging from 1.5 sq. km to more than 5 sq. km during 2018…
Newmont forecasts ‘growing margins and reserves’
Newmont Mining (NYSE: NEM) expects its attributable gold production will reach 5.2 million ounces in 2019 and 4.9 million ounces in 2020, while attributable copper production will be 45,000 tonnes…
Delrey expands portfolio with BC vanadium properties
Delrey Metals (CNSX: DLRY) has acquired two B.C. vanadium projects by issuing 5.5 million shares to BC Vanadium, a private company. The Star and Porcher vanadium properties cover a combined…
International Lithium estimates 25-year mine life at Mariana
International Lithium (TSXV: ILC; US-OTC: ILHMF) could produce 10,000 tonnes lithium carbonate equivalent per year over a 25-year mine life at its Mariana lithium brine project, according to a recent…
Exploration Snapshot: Eight companies looking for precious and base metals
While prices for most precious and base metals have been subdued throughout 2018, there has nevertheless been a high level of mineral exploration around the world, as companies seek to…
Canadian budget update full of goodies for miners
In a move long sought by mineral explorers active in Canada, Canada’s federal government has extended its mineral exploration tax credit (METC) for five years, in contrast to the prior…