Category: Flipbooks

US Gold Continues to Advance Copper King in Wyoming

U.S. Gold Corp. has received a proposal to upgrade the Copper King Preliminary Economic Assessment (PEA) to a prefeasibility study (PFS) with the objective of completing the PFS by the end of 2020. Copper King is located in the...

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New Century to Buy Goro From Vale

New Century Resources Ltd. has entered into a 60-day exclusivity period with Vale Canada Ltd. (VCL), a subsidiary of Vale S.A., to complete due diligence and negotiate the acquisition of 95% of the issued shares in Vale...

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Dominion Sells Diamond Mines to Washington Companies

On May 22, Dominion Diamond Mines announced it signed a letter of intent (LOI) with an affiliate of The Washington Cos. for the purchase of all of Dominion’s assets for approximately $126 million in cash and the assumption of...

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Strike Ends at Tasiast Mine

The strike by union employees at Kinross Gold’s Tasiast mine has been suspended at the request of the government of Mauritania, the company said. The strike began on May 5, but the company said it didn’t expect the shutdown to...

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CR Unveils New Vision for Brand

CR, formerly known as CQMS Razer, introduced its new look as part of its strategic direction to grow the mining engineering and technology company’s footprint worldwide. Already well recognized across Australia’s mining industry...

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Metso Outotec Announces New Structure

This week, the future Metso Outotec Board of Directors unveiled the planned company structure and the related executive team appointments. The nominations become effective after the closing of the partial demerger of Metso and...

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Chuquicamata Underground Extracts 1M Tons

The Chuquicamata Underground project in Chile continues its historic transformation from a large open pit to a block-cave operation. Codelco recently announced that Chuqui UG’s material handling system had placed more than 1...

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White Gold Will Begin Yukon Exploration Program

This week, White Gold announced its 2020 exploration program is fully funded. The company’s extensive 422,000-plus hectare land package represents more than 40% of the emerging White Gold District in Yukon, Canada. The 2020...

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Peñoles Suspends Zinc Mining Operations at Madero

Mexican mining company Industrias Peñoles has temporarily suspended operations at its zinc mining unit, Francisco I. Madero, located in Morelos, Zacatecas. The company said it based this decision on the low ore grade it has...

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Newmont Continues Ramp-up, Updates Guidance

Newmont Corp. will continue to ramp up operations at Peñasquito, Cerro Negro, Éléonore and Yanacocha. Among Newmont’s 12 operating mines and two joint ventures, 13 sites will be fully operational in the coming weeks, the company...

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SSR Will Merge With Alacer Gold

SSR Mining and Alacer Gold have entered into an agreement to combine in an at-market merger of equals pursuant to a plan of arrangement under the Business Corporations Act (Yukon). The combined entity will continue as SSR Mining...

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US Gold Completes Gravity Survey on Maggie Creek

U.S. Gold Corp. recently completed a detailed gravity survey at its Maggie Creek exploration project on the Carlin Gold Belt in Nevada. U.S. Gold Corp. acquired the option to earn up to a 70% interest in the Maggie Creek project...

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More Mines Begin Restart in Mexico

This week, the Mexican government designated mining as an essential activity, which will allow mines to begin operations on May 18. Several companies have announced plans to restart operations. Some mines were placed on care and...

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