Category: Leading Developments

Golden Predator Advances Reopening of Brewery Creek

Golden Predator Mining Corp. announced it has commenced site improvements and an accelerated exploration/development drilling program at its fully licensed 100%-owned Brewery Creek Mine near Dawson City, Yukon, Canada. Site...

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Chuqui Officially Transitions to Underground Mining

By Oscar Martinez, Latin American Editor CALAMA, Chile (August 14, 2019)—One of the most important milestones in the history of the Chilean mining took place recently in the north of the country. The National Copper Corp. of...

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Ahafo Mill Expansion in Ghana Processes First Ore

Newmont Goldcorp announced that the Ahafo Mill Expansion (AME) project in Ghana successfully processed its first ore and is on track to achieve commercial production in the fourth quarter of 2019. The mill expansion will...

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Barrick Plans to Close Lagunas Norte

Barrick Gold recently said it will put its Lagunas Norte mine under care and maintenance while the mine team evaluates the potential for sulphide resources. The Toronto-based gold miner has been trying to sell the Lagunas Norte...

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Antamina Will Invest US$390M in Mina Reno

The Antamina mine plans to invest $390 million for improvements at its copper and zinc operation near the north central region of Ancash in Peru. It recently submitted a technical report to the National Environmental...

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Kinross Will Buy Chulbatkan Project

Kinross Gold Corp. announced an agreement with N-Mining Ltd. to acquire Chulbatkan, a high-quality, heap-leach development project in Russia, for total fixed consideration of $283 million, including approximately $113 million in...

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Resolute Seeks Takeover of Toro Gold

Resolute recently made a takeover offer for Toro Gold Ltd. for US$274 million. This includes US$130 million in cash and 142.5 million Resolute shares. Resolute would then own Toro Gold’s flagship asset, the Mako gold mine (Mako)...

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Vale Will Pay $107M to Victims of Dam Failure

During mid July, Vale entered into an agreement with the labor court of Betim in Brazil and the Minas Gerais State Public Ministry of Labor to pay R$400 million (US$106.7 million) in damages to those affected by the Brumadinho...

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Hudbay Will Appeal Rosemont Court Decision

In early August, a judge ruled to vacate and remand a decision that would have allowed Hudbay Minerals Inc. to begin construction of its Rosemont project. The U.S. District Court for the District of Arizona issued the ruling in...

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