TSX Venture ends May 2-6 session lower
The S&P/TSX Venture Composite Index retreated by 44.46 points or 5.5% over the May 2-6 trading session to end at 769.97. Vancouver-based Chesapeake Gold rose 17¢ to close the week…
Gold
Imperial Metals speeds up work to reopen Mount Polley copper mine
Imperial Metals (TSX: III) is aiming to reopen its Mount Polley copper-gold mine in British Columbia, Canada, before the end of June, buoyed by high prices for the metal and a…
Two of McEwen Mining’s top execs step down
McEwen Mining (TSX: MUX; NYSE: MUX) surprised markets on Friday by announcing that two of its top suite executives were leaving the company for personal reasons. Chief financial officer Anna…
Plunging metals prices expected to rebound in H2 – report
Enduring Covid-19-linked lockdowns in the world’s largest metal consumer, China, are negatively impacting demand from end-use industries and sentiment towards the complex, resulting in lower metals prices, a new report…
Oksut mine halt casts shadow over Centerra Gold’s Q1 results
Centerra Gold (TSX: CG; NYSE: CGAU) saw its first quarter results hit by the suspension of its Öksüt mine in Turkey, where the adsorption-desorption recovery (ADR) plant has been out…
Gold Fields flags potential inflationary cost overrun at Salares Norte
Gold Fields Limited (NYSE: GFI; JSE: GFI) says higher-than-expected inflation levels have started eroding the contingency built into the US$860 million capital expenditure (capex) budget for its 100%-owned Salares Norte…
Endeavour hastens Ity optimization project on ‘excess cash generation’
Endeavour Mining (TSX: EDV; LSE: EDV) has pulled the trigger on building a recyanidation circuit at its cornerstone Ity operation in Côte d’Ivoire earlier than expected as it seeks to…
New Found Gold reports three high-grade gold discoveries in last two months
New Found Gold (TSXV: NFG; NYSE-A: NFGC) has reported more high-grade gold results from its ongoing, 400,000-metre drill program at its Queensway project in Newfoundland. Highlights from the drilling included…
Q&A: SRK Consulting unpacks critical opportunities and challenges facing the African mining sector
SRK Consulting has built deep experience working in the African mining sector and has developed a firm grasp of where potential opportunities are and some of the critical challenges preventing…
Osisko Mining assays more high grades at Windfall as it works towards 2022 feasibility
Osisko Mining (OSK: TSX) has released more high-grade results from its infill and expansion drilling at the Windfall gold project in Quebecc, including 43 intercepts in 17 underground drill holes…
Pandemic, inflation contribute to 90% cost rise at Iamgold’s Côté project
Iamgold (TSX: IMG; NYSE: IAG) has revealed a costs blowout at its massive Côté gold project in Ontario, with preliminary estimates from an ongoing risk analysis indicating that development of…
Artemis Gold inks $312M construction contract for Blackwater plant in BC
Artemis Gold (TSXV: ARTG) has moved closer to the start of construction at its Blackwater gold project in British Columbia with the award of a $312-million, engineering, procurement, construction and…