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Exploration Briefs – February 2018

Peregrine Diamonds has reported that the 2017 resource expansion drill program on the CH-6 kimberlite at its 100% owned Chidliak diamond project in Nunavut, Canada, has confirmed that the high-grade kimberlite extends from...

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Exploration Briefs – February 2018

McEwen Mining has committed $10 million to exploration of conceptual and early stage targets in 2018, predominantly on its recently acquired Black Fox property 65 km east of Timmins, Ontario. At the currently active Black Fox...

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Exploration Briefs – February 2018

Barrick Gold has elected to continue 100% funding of exploration expenditure towards a $10 milion funding requirement to earn a 65% interest in Alicanto Minerals’ Arakaka gold project in Guyana. Alicanto continues as the...

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Polyus Drilling 180,000 m at the Sukhoi Log Deposit

Polyus, Russia’s largest gold producer, announced in late November that a subsidiary company, SL Gold, has started a 180,000-m diamond drilling campaign at the Sukhoi Log deposit in the northern part of the Bodaybo...

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India’s HCL to Develop Greenfield Copper Deposit

India’s sole integrated copper producer, Hindustan Copper Ltd. (HCL) will develop a greenfield copper deposit in Malanjkhand in central state of Madhya Pradesh aiming to produce 500,000 tons of copper ore per year and commence...

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KAZ Minerals Building Second Concentrator at Aktogay

KAZ Minerals is building a second sulphide ore concentrator at its Aktogay open-pit copper mine in East Kazakhstan province of Kazakhstan. The new plant will double Aktogay’s sulphide ore processing capacity from 25 million to...

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Kakula-Kamoa’s World Class Potential

Ivanhoe Mines has reported the results of a preliminary economic assessment (PEA) of its Kakula-Kamoa copper project in Democratic Republic of Congo (Congo). The project features exceptionally high-grade ore and if carried...

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Perseus Starts Up Sissingué

Perseus Mining reported that development and commissioning of its second gold mine, the Sissingué mine in Côte d’Ivoire, is nearing completion, with crushed ore introduced to the mill on January 13. First gold was scheduled to...

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Updated Feasibility Study Enhances Mount Peake

TNG Ltd. reported the results an updated feasibility study and financial model for its 100% owned Mount Peake vanadium-titanium-iron project in Australia’s Northern Territory. The results reconfirm and enhance outcomes reported...

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St. Barbara Drills Deep for Gwalia Gold

Gold miner St. Barbara has begun one of the longest drill holes in Australian mining history to extend the life of the Gwalia gold mine near Leonora, according to The West Australian. Located 230 km north of Kalgoorlie-Boulder,...

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Tahoe Lays Off Miners in Guatemala

Tahoe Resources has terminated 250 Minera San Rafael employees at its Escobal mine in Guatemala due to the company being unable to resume mining following its mining license suspension on July 5. Despite this difficult decision,...

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Suncor Produces First Oil from Fort Hills in January

Teck Resources reported that Suncor, the operator of the Fort Hills Energy Ltd. Partnership, confirmed that the Fort Hills project is ramping up production following the safe startup of secondary extraction at the end of...

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Antofagasta Earning Into Evrim’s Axe Property

Evrim Resources and Antofagasta PLC have signed an agreement whereby Antofagasta can acquire a 70% interest in Evrim’s Axe property by incurring $50 million in exploration expenditures, making cash payments of $800,000, and...

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