Category: People Monthly

Hecla’s Gold Production Grows

For 2018, Hecla Mining Co. announced preliminary silver and gold production of 10.4 million ounces (oz) and 262,103 oz, respectively. The company’s silver production fell 17% compared to 2017. The gold figure, an increase of 13%...

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Imperial Metals Suspends Operations at Mount Polley

Citing declining copper prices, Imperial Metals Corp. announced it would suspend operations at the Mount Polley mine in south-central British Columbia. The suspension plan includes milling of low-grade stockpiles which is...

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NMT Acquires German Locomotive Assets

Prior to the holiday break, Nordic Minesteel Technologies Inc. (NMT) announced it had acquired all rolling stock assets of Schalker Eisenhütte Maschinenfabrik GmbH including all intellectual property rights. NMT’s German...

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Kirkland Lake Gold Reports Record Q4 Production

Kirkland Lake Gold Ltd. (announced record levels of quarterly and annual gold production for the fourth quarter and full-year respectively. Production in Q4 2018 totaled 230,993 oz, 28% higher than the previous record of 180,155...

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McLanahan Acquires Anaconda Equipment

In 2017, McLanahan Corp. began a partnership with Anaconda Equipment of Northern Ireland to distribute and sell Anaconda’s line of mobile track equipment. As the relationship between the two companies progressed, it became clear...

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Ascot Resources to Acquire IDM Mining

Ascot Resources Ltd. announced it intends to acquire all the outstanding shares of IDM Mining Ltd. The transaction will consolidate Ascot’s Premier Gold project and IDM’s Red Mountain project to create the leading high-grade...

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Collahuasi Plans Major Investment

Minera Collahuasi, owned by Glencore, Anglo American and JCR and located in the Tarapacá Region (northern Chile), has initiated the permitting process for the continued operations of its “Development of Infrastructure and...

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New Year, Newly Minted Gold Mining Company

Trading in the shares of the new company created by the merger of Barrick Gold and Randgold Resources started at the opening of business on the New York and Toronto Stock exchanges on Wednesday, January 2. The ringing of the...

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Metso Will Buy Chilean Service Business

Metso has agreed to acquire HighService Service, the service business of the Chilean mining technology and maintenance provider HighService Corp. With 1,300 employees and operations in Chile, Argentina and Brazil, HighService...

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Cobalt 27 to Acquire Highlands Pacific

Cobalt 27 Capital Corp. has entered into a friendly acquisition agreement with Highlands Pacific Ltd. to buy all the shares of Highlands it does not own in a transaction valued at A$115 million ($80.5 million). Highlands’ key...

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Motion Industries

Motion Industries announced the addition of Hal Midkiff as product sales manager, process pumps and equipment. (img. Hal...

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