Tailings pond collapse affects world’s highest human settlement
The collapse of a tailings facility in Peru’s Ananea district has destroyed a segment of the main road that connects the area with the neighbouring La Rinconada district, the highest…
Gold
SSR Mining commits to extending Seabee mine life with acquisition of Taiga Gold
By acquiring Taiga, SSR would add five new properties, for a total of 34,569 hectares, to its Saskatchewan project portfolio.
Monarch reports bonanza gold grades at McKenzie Break
Monarch Mining (TSX: GBAR; US-OTC: GBARF) has intersected near surface bonanza grades 200 metres southwest of the current pit shell at its McKenzie Break gold project, 35 km north of…
Hummingbird Resources restarts Mali gold mine
It said stoppage will affect full-year production, placing it below the bottom end of the expected 100,000-110,000 gold ounces range.
Yamana Gold ups production targets after find in Quebec
It expects gold output from its Canadian mines to reach 500,000 ounces a year by 2028 thanks to new mineralized zones found at Wasamac.
Nighthawk reports new greenfield find – Albatross – near former Colomac gold mine
Nighthawk Gold (TSX: NHK; US-OTC: MIMZF) has made a new greenfield discovery about 15 km southwest of the former Colomac gold mine about 220 km northwest of Yellowknife, in the…
Barrick, NovaGold to update $7.4B Donlin feasibility
Barrick Gold (TSX: ABX; NYSE: GOLD) and NovaGold Resources (TSX: NG; NYSE: NG), 50:50 owners of the Donlin gold project are working on an updated feasibility study, scheduled for release…
Report: Large gold miners contributed US$38B in GDP to local economies in 2020
Large scale gold miners make a big contribution to local economies, with a research report released by the World Gold Council today putting some numbers to that contribution. According to the report, The Social and Economic…
UPDATED: Osisko Mining raises $154M for Windfall, plans JV with Australia’s Northern Star
Osisko Mining (TSX: OSK) has signed an agreement with Australia’s Northern Star Resources (ASX: NST) to raise $154 million for continued work on its Windfall gold project 200 km north…
Hochschild to buy Amarillo Gold for control of Posse project, Brazil
London-based Hochschild Mining (LSE: HOC; US-OTC: HCHDF) has announced a $135 million cash offer to acquire Amarillo Gold (TSX: AGC; US-OTC: AGCBF). The offer, priced at 40c per Amarillo share,…
Feds, BC government launch climate resilience committee in wake of devastating floods
The federal and B.C. governments have formed a new committee to address climate resilience in British Columbia following the devastating flooding, mudslides, and damage to highways and rail infrastructure in…
US markets fall, Nov. 22-26
The Dow Jones Industrial Average dropped 1.97% o 702.64 points to finish the November 22-26 trading week at 34,899.334, and the S&P 500 fell 2.20% or 103.34 points to 4,594.62….