First Doré Poured at Natalka Gold Mine in Russia

Polyus has poured the first doré gold at its Natalka mine, a major greenfield project in Russia’s Far East, during the ongoing hot commissioning process at the mill. The full processing facility is currently undergoing consecutive 24-hour trial runs.

Read more ...

Magellan Completes Purchase of SDA Mill in Mexico

Magellan Gold has completed the purchase of the SDA Mill, Nayarit State, Mexico, from Rose Petroleum plc for $1 million in cash and $500,000 in Magellan stock, of which $100,000 in cash was paid in June. In August, Magellan arranged $900,000 in bridge loans in support of the purchase.

Read more ...

South Arturo Receives NMA’s Sentinels of Safety Award

Premier Gold Mines Ltd. and its partner Barrick Gold received the National Mining Association’s (NMA) Sentinels of Safety Award for its operating practices at the South Arturo mine, a joint venture between the two companies in Nevada’s Carlin Trend.

Read more ...

Turquoise Hill Provides Update on Oyu Tolgoi

Turquoise Hill Resources said it expects the Oyu Tolgoi mine in Mongolia to produce 125,000 metric tons (mt) to 155,000 mt of copper and 240,000 ounces (oz) to 280,000 oz of gold in concentrates for 2018. Open-pit operations are expected to mine in Phase 6 in early 2018 and Phase 4 throughout the year. In addition, stockpiled ore will be processed during 2018. The increased gold production relative to the 2016 technical report is due to splitting Phase 4 into two parts (4A and 4B) and bringing production forward from future years.

Read more ...

Resource Center Whitepapers, Videos, Case Studies