Endeavour achieves record annual discoveries, adding 3moz in M&I resources

Mining News Pro - Endeavour Mining announced on Monday the discovery of 3 million ounces of measured and indicated (M&I) resources and 900,000 ounces of inferred resources across its flagship assets in West Africa in calendar 2021.

Liebherr wheels out new loaders

Mining News Pro - Liebherr has launched three new wheel loaders that will increase performance, productivity and safety during daily use in the resources sector.

Ivanhoe to produce up to 340,000 tonnes of copper at DRC mine in 2022

Mining News Pro - Ivanhoe Mines (TSX: IVN) said on Monday is expects to produce between 290,000 to 340,000 tonnes of copper in concentrate in 2022 at its Kamoa-Kakula copper complex in the Democratic Republic of Congo (DRC).

Torr Metals, Tahltan government sign Latham copper-gold agreement

Mining News Pro - Torr Metals and the Tahltan Central Government have signed a communications and engagement agreement with respect to the company’s 100%-owned Latham copper-gold project in British Columbia’s Golden Triangle.

Ecuador court revokes Cornerstone Capital’s exploration permit

Mining News Pro - Ecuador’s Constitutional Court has backed the revocation of the environmental permit for Canada’s Cornerstone Capital Resources, which has been exploring in the country since 2005.

Rise Gold shares bounce on draft EI report for Idaho-Maryland project

Mining News Pro - Shares in US-focused junior Rise Gold jumped more than 42% in Toronto trading Tuesday morning after it received a Draft Environmental Impact Report (DEIR) for its brownfields Idaho-Maryland gold project (IMM) in Nevada County, California.

The history, and the future of British Columbia’s Brucejack mine

Mining News Pro - The $2.8 billion acquisition by Australia’s 2nd biggest gold miner, Newcrest of Canada’s Pretium Resources late last year marked a new beginning for the Brucejack mine, Pretium’s former flagship asset and one of the highest grade gold mines in the world.

GenusPlus adds drilling prowess with Fortescue deal

Mining News Pro - Fortescue Metals Group subsidiary Pilbara Energy Company has awarded a $30 million contract to GenusPlus for 98 kilometres of overhead transmission line in Western Australia.

MAS Gold updates North Lake resource

Mining News Pro - MAS Gold has updated the resource estimate for its North Lake gold deposit in the La Ronge Gold Belt of northeastern Saskatchewan, increasing the tonnage by 28.3% and in situ gold resources by 18.5%.

Revival Gold stock surges on drill results at Beartrack-Arnett in Idaho

Mining News Pro - Revival Gold’s stock surged on results released Thursday from the final drill hole completed in the Joss target area as part of the exploration program at the Beartrack-Arnett gold project in Idaho.

Yamana Gold ups production targets after find in Quebec

Mining News Pro - Yamana Gold expects bullion production from its Canadian mines to reach 500,000 ounces a year by 2028 after exploration at its development-stage Wasamac project in Quebec unveiled “significant” new mineralized zones.

Barrick, NovaGold to update $7.4bn Donlin feasibility

Mining News Pro - Barrick Gold and NovaGold Resources, 50:50 owners of the Donlin gold project are working on an updated feasibility study, scheduled for release next year. The partners say that recent work on the project has resulted in clear improvement in definition of controls and mineralization, and recent drill results continue to yield high-grade gold.

Lundin Energy exploring sale of $10 billion Nordic oil producer

Mining News Pro - Nordic oil producer Lundin Energy AB is exploring a potential sale that could rank as one of the largest European oil and gas deals in years, people with knowledge of the matter said.

Sixty North approves 2022 work for Mon gold mine restart

Mining News Pro - The directors of Sixty North Gold Mining (CSE: SXTY) have approved next year’s work program at the former Mon gold mine 40 km north of Yellowknife, NWT. The high-grade producer has been closed since 1997 when gold prices were below $300 per oz.

Sandstorm Gold reports Hod Maden feasibility results, showing $1.05bn NPV

Mining News Pro - Sandstorm Gold has provided a summary of results for a feasibility study (FS) on the Hod Maden project in Turkey, in which the company holds a 30% interest. All figures reported are on a 100% project basis.

i-80 Gold proceeds with underground exploration at McCoy-Cove

Mining News Pro - i-80 Gold Corp. announced on Monday it is proceeding with its planned underground, advanced exploration program at the McCoy-Cove property in Nevada.

NorthWest Copper extends high-grade zone at Kwanika in British Columbia

Mining News Pro - NorthWest Copper has released the latest results from five drill holes into the high-grade copper-gold porphyry deposit of the Kwanika project, further extending the high-grade core.

Colombia to hold bidding round for gold mining areas in early 2022

Mining News Pro - Colombia will begin taking offers in its first bidding round for gold exploration contracts in early 2022, the head of the national mining agency said on Tuesday, as the Andean country continues efforts to diversify its mineral output.

Wallis Drilling sells RIG Technologies to Orica

Mining News Pro - Wallis Drilling has sold its RIG Technologies business, which specialises in logging while drilling, to explosives and blasting systems giant Orica for an estimated $12 million.

Digital atlas to boost Queensland mineral exploration

Mining News Pro - Explorers now have access to the latest 3D models and data to help find new economy minerals in Queensland’s Far North with the release of the North East Queensland Mineral Deposit Atlas.

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.

Agnico Eagle exploration spending to hit record $163 million in 2021

Mining News Pro - Agnico Eagle Mines is on track to set a record with its 2021 exploration spending. This year’s budget is now $163 million, compared to $113 million in 2020.

Barrick shifting into growth gear, says CEO Mark Bristow

Mining News Pro - Since the merger of Barrick Gold and Randgold Resources early in 2019, the new gold major appears to be completing a full circle under the leadership of Mark Bristow by increasingly prioritizing value-adding grass-roots exploration and development, he tells The Northern Miner.

Epiroc begins battery-electric fleet conversion

Mining News Pro - Epiroc is offering customers conversion kits to seamlessly transform loaders from diesel-powered to battery-electric driven.

Monarch to restart Beaufor gold mine, Beacon mill in Quebec

Mining News Pro - Monarch Mining (TSX: GBAR) plans to restart mining at the Beaufor gold mine and Beacon mill 20 km northeast of Val d’Or, Quebec. The mine produced over 1.1 million oz. of gold since it first opened in the 1930s.

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