Barrick reduces power supply to communities near Porgera mine
Barrick Gold (TSX: ABX; NYSE: GOLD) announced that it will reduce power supply to townships near the Porgera gold mine to save costs. The company said in a statement from…
Articles by Trish Saywell
Top 10 US-based mid-tier and junior precious metals companies
U.S. firms have been atop the industry pursuing precious metals across the globe. The Northern Miner presents its top-10 list of U.S.-based, mid-tier and junior precious metals companies by market…
Corvus discovers oxide zone at Mother Lode
Corvus Gold (TSX: KOR; US-OTC: CORVF) has announced a discovery at its Lynnda Strip target, 2.5 km north-northeast of its Mother Lode deposit in Nevada’s Greater Bullfrog gold district. The…
Covid-19 disrupts US$8.8B of global mining output, S&P says
Covid-19 has impacted the mining industry across the globe as lockdowns and travel restrictions have forced companies to halt or scale down operations and suspend work on projects, while reopening…
OceanaGold study adds 2.2M oz. gold to Waihi in New Zealand
OceanaGold‘s (TSX: OGC) Waihi District preliminary economic assessment (PEA) envisions an additional 2.2 million oz. of gold output from the Waihi district between 2021 and 2036. The additional ounces would…
Cornerstone Capital seeks to replace SolGold’s board over mismanagement, transparency
Cornerstone Capital Resources (TSXV: CGP) plans to call a meeting of SolGold’s (TSX: SOLG; LSE: SOLG) shareholders to replace the company’s entire board, the investor said today. The move by…
Norgold, Shandong battle over Cardinal Resources
Russian miner Nordgold (LSE: NORD) is offering to buy all shares in Ghana-focused Cardinal Resources (ASX: CDV) it does not already own, valuing the Australian-listed company’s equity at A$347 million…
Kinross estimates US$1B capex for Lobo-Marte gold project in Chile
Kinross Gold’s (TSX: K; NYSE: KGC) Lobo-Marte gold project in northern Chile could produce a total of 4.5 million oz. gold over a 15-year mine life at an estimated cost…
‘Nature first’ approach could unlock value in extractive industries: report
Putting nature above business considerations has the potential to generate 395 million jobs and US$10 trillion in business opportunities by 2030, the World Economic Forum (WEF) says in a new…
Alamos proceeds with Island Gold shaft expansion
Based on the strong economics of the Phase III Expansion study for the Island Gold mine in Ontario, which includes a new 1,373-metre shaft, Alamos Gold (TSX: AGI; NYSE: AGI)…
Western Copper and Gold unveils large-scale resource for Casino in Yukon
In its first estimate since 2010, Western Copper and Gold (TSX: WRN; NYSE-AM: WRN) has updated the resource for its wholly owned Casino project in the Yukon with more drill…
B2Gold reports record quarterly revenue
B2Gold (TSX: BTO; NYSE: BTG) reported consolidated gold revenue for the second quarter of the year at a record high of US$442 million, a 65% increase from the same period…