Category: Exploration Briefs

Mines Adapt to COVID-19 Pandemic

By Steve Fiscor The updates from mining companies related to the coronavirus (COVID-19) continue to flood the inbox at E&MJ. Earlier this week, E&MJ posted a South African report from Editor Gavin du Venage. More...

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Centinela Signs Renewable Power Contract

Antofagasta plc’s Centinela subsidiary signed a new Power Purchase Agreement (PPA) with ENGIE (Energía Chile SA) effective from 2022 until 2033. Under the PPA, 100% of the power supplied to Centinela will be from renewable...

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Newmont Completes Sale of Red Lake

Newmont has completed the sale of its Red Lake complex in Ontario, Canada, to Evolution Mining for $375 million in cash with future contingent payments of up to an additional $100 million tied to new resource discoveries. Under...

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Seabridge Acquires 3 Aces Project in Canada’s Yukon

This week, Seabridge announced it has entered into an agreement to acquire a 100% interest in the 3 Aces gold project in Yukon, Canada, from Golden Predator Mining Corp. for 300,000 Seabridge common shares, potential future cash...

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Metso Invests in Mesa Repair Facility

Metso has made further investments in the Mesa repair facility in Arizona in order to optimize safety and broaden service capabilities. The facility offers repairs and field services while supporting Metso’s Life Cycle Services...

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Veladero’s Productive Life Is Extended 10 Years

After a thorough review of its strategy and business plan, Barrick’s Veladero gold mine has extended its production stage for at least 10 years, according to President and CEO Mark Bristow said. “Our goal is to extend Veladero’s...

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South Africa Mines Contend With 21-day Shutdown

By Gavin du Venage CAPETOWN, South Africa, The South African mining sector ground to a halt at the end of March as the country went into lockdown in response to the coronavirus (COVID-19) pandemic. Prime Minister Cyril Ramaphosa...

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Fort Hills Will Operate as Single-train Facility

In light of depressed prices for Western Canada Select and to reduce negative cash flow from Fort Hills, Teck Resources announced the Fort Hills partnership decided to temporarily operate Fort Hills as a single train facility....

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South African Miners Face Coronavirus Lockdown

South African President Cyril Ramaphosa imposed a 21-day lockdown at midnight on March 26 after a surge in coronavirus (COVID-19) cases. Underground mines will be placed on care and maintenance. The country’s largest gold...

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Quebec Restricts Non-Essential Business, Mining

This week, the Canadian Province of Quebec restricted all non-essential business until April 13 to slow the spread of the coronavirus (COVID-19). Mining was listed essential, but operators were instructed to reduce their...

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Suppliers Continue to Support Mines

By Steve Fiscor As more mining companies announce coronavirus (COVID-19) plans to protect employees by continuing to operate or temporarily suspend activities, several industry suppliers have emerged with similar plans. Komatsu...

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Mining Recognized as Vital

By Steve Fiscor (Updated March 26, 2020) Mines continue to assess operations while actively implementing programs to protect workers and the surrounding communities, and preserve liquidity. Those located in low-risk...

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