Pure Gold cuts Red Lake resource base by 20%
Mining News Pro - Pure Gold Mining has released an updated mineral resource estimate for its namesake operation in Ontario’s Red Lake gold camp, reporting 20% fewer ounces in the resource categories.
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Two Red Lake hopefuls’ shares crater on brewing Barrick beef
Mining News Pro - The shares of two Red Lake Gold Camp-focused ‘close-ology plays’ crashed on Tuesday after they made public that Barrick Gold has named them parties in a statement of claim for C$120 million ($92.1m) for a cancelled exploration earn-in option on each of the companies’ respective exploration projects.
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Pure Gold aims to get Red Lake mine on track with leadership shakeup
Mining News Pro - Pure Gold Mining has put new leadership in place at its PureGold operation in Red Lake, Ontario, in order to get the mine to consistent production and profitability.
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Barrick takes interests in Red Lake Gold, Dixie Gold projects in Ontario
Mining News Pro - Red Lake Gold’s shares soared on Wednesday after Barrick Gold announced it had signed agreements with the company and Dixie Gold, both of which have gold projects in the Red Lake district, in northern Ontario.
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Evolution to evolve Red Lake with $356m acquisition
Mining News Pro - Evolution Mining has entered an agreement to acquire Canadian miner Battle North Gold for $C345 million ($356.4 million).
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Evolution pursues Cowal, Red Lake expansion
Mining News Pro - Evolution Mining has boosted its ore reserves by nearly 50 per cent year-on-year following expansion of its inventory at the Cowal underground gold mine in New South Wales.
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Evolution resumes Red Lake operations as forest fire contained
Mining News Pro - Evolution Mining has restarted the Red Lake gold mine in Ontario, Canada, after the company was forced to suspend operations last week due to the threat of a nearby forest fire.
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Cowal, Red Lake back Evolution’s future
Mining News Pro - Evolution Mining has set gold production targets for the next three years, which will be largely driven by the Cowal and Red Lake mines in New South Wales and Canada, respectively.
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Forest fire halts Pure Gold’s Red Lake operations
Mining News Pro - Pure Gold Mining reported on Monday that a forest fire is currently active in the area south of the town of Red Lake and is moving northeast.
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Evolution suspends Red Lake mine after fire threats
Mining News Pro - Evolution Mining has evacuated its workforce at the Red Lake underground operation in Ontari
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Pure Gold on track to open Red Lake mine this year
Mining News Pro - Canada’s Pure Gold Mining said on Monday that its Madsen mine in Red Lake, Ontario, the only bullion project under construction in the country, remains on track to pour its first gold by the end of 2020.
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Newmont Goldcorp agrees to sell Red Lake in deal worth up to $475mn
Mining News Pro - Newmont Goldcorp has entered into a binding agreement to sell its Red Lake complex in Ontario, Canada to Evolution Mining.
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Newmont says Red Lake mine sale underway
Mining News Pro - The world’s biggest gold miner, Newmont Goldcorp (NYSE: NEM, TSX: NGT) confirmed on Friday in a press release that its Red Lake mine in Ontario, Canada, is up for sale.
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Pure Gold kicks off exploration campaign at Madsen Red Lake project
Mining News Pro - Canada’s Pure Gold Mining (TSX-V: PGM), which recently listed in London, has started its 2019 exploration program at its 100%-owned Madsen Red Lake gold mine in Ontario.
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Pure Gold Mining releases feasibility on Madsen in Red Lake
Mining News Pro - With significant mining, milling and tailings infrastructure already in place, pre-production capital costs for Pure Gold Mining’s Madsen project in Red Lake should not exceed $94.7 million, including a 9% contingency, a feasibility study reports.
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