Category: Leading Developments

Strong Q4 Caps Good Year for Barrick

Barrick Gold Corp.’s gold production for 2019 of 5,465,000 ounces (oz) was at the top end of its guidance range while copper production of 432 million pounds was above the guidance range, the company reported. The company...

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BHP South Flank Builds Ore Handling Plant

Fluor Corp. has erected the first 1,500 tons of modules at BHP’s South Flank ore handling plant. The company said the “milestone” was a critical step to first ore and follows the announcement in October of the project meeting...

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Capstone Plans to Achieve 20% Growth by 2021

Capstone Mining Corp.’s 2019 actual production was above the midpoint range of 145 million to 160 million lb of copper and actual costs were below the bottom end of the guidance range of $1.80/lb-$2/lb payable copper. In 2020,...

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Kinross Completes Acquisition of Chulbatkan

Kinross Gold Corp. has completed its previously disclosed acquisition of Chulbatkan, a high-quality, heap-leach development project in Russia, from N-Mining Ltd. for total fixed consideration of $283 million. The company has now...

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Lucara Going Underground at Karowe Diamond Mine

Lucara Diamond Corp. has reported the results from a feasibility study that support development of an underground mine beneath the currently mined open pit at its Karowe diamond mine in Botswana. The company expects the...

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US Partners With Australia on Critical Minerals

On November 18, the United States and Australia formalized their partnership on developing both nations’ critical mineral assets by signing a project agreement between Geoscience Australia CEO James Johnson and U.S. Geological...

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Granite Creek to Acquire Interest in Copper North

Granite Creek Copper Ltd. has entered into an agreement to acquire more than 26.1 million shares of Copper North Mining Corp., representing approximately 30% of the outstanding Copper North shares, in consideration for more than...

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Vale to Restart Samarco

On October 25, Vale’s Samarco Mineração S.A. received the Corrective Operation License (LOC) for its operating activities in the Germano Complex, located in the state of Minas Gerais, Brazil, which is the last license needed to...

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Highland Eying 25-year Mine Life for White Pine North

Highland Copper has reported the results of a preliminary economic assessment (PEA) that support development of an underground mine at its White Pine North project on Michigan’s Upper Peninsula, producing an average of 40,000...

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Implats Acquires North American Palladium

Impala Platinum Holdings (Implats) has entered into a definitive agreement to acquire North American Palladium (NAP) in a transaction valued at $758 million. NAP owns and operates the Lac des Iles mine 90 kilometers (km)...

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