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NEWS Click on text to read news by category: General | Product | People | Worldwide

Osisko Gold Royalties Acquires Barkerville Gold Mines

December 4, 2019

Osisko Gold Royalties and Barkerville Gold Mines have completed their business combination. Osisko has acquired all of the issued and outstanding common shares of Barkerville which it did not already own by way of a statutory plan. “We are pleased

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Montana Court Removes Permit Obstacle for Hecla’s Montanore Project

December 3, 2019

The Montana Supreme Court has removed a big obstacle for a mining company seeking to explore a silver and copper deposit potentially worth billions of dollars under the Cabinet Mountain Wilderness in northwestern Montana. Exploration of that deposit has been

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Piedmont Lithium Secures Federal Permit to Develop Its Lithium Mine in North Carolina

December 3, 2019

Piedmont Lithium Ltd has received the Section 404 Permit under the Clean Water Act (CWA) from the US Army Corps of Engineers (USACE) for its Piedmont Lithium Project in North Carolina, US. The USACE completed an Environmental Assessment (EA) of

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Baffinland Lays Off 586 Contract Employees, Halts Planned Work at Mary River Mine

December 3, 2019

Baffinland Iron Mines Corp. says it has laid off 586 contracted employees working at its Mary River mine. Of those contractors, 96 are Inuit and 490 are non-Inuit, the company said in an email to Nunatsiaq News. No direct Baffinland

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Kirkland Lake Gold to Acquire Detour Gold for $3.7 Billion

December 3, 2019

Kirkland Lake Gold has agreed to acquire fellow Canadian gold miner Detour Gold in an all-stock deal worth around C$4.9 billion ($3.68 billion). The acquisition will give 100 percent ownership to Kirkland in the producing Detour Lake mine, a long-life,

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Americas Gold and Silver Advances Relief Canyon Mine, Expects First Gold by Year-End, Nevada

December 2, 2019

In its third quarter report, Americas Gold and Silver Corporation says it will produce gold this year, but time is running out. Leach pad and other construction must be complete before gold ore is blasted, mined, crushed, leached, processed and

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Dec 5: Nevada Gold Mines Chief Walker to Speak at AEMA Annual Meeting

December 2, 2019

Nevada Gold Mines Executive Managing Director Greg Walker will be speaking on “Nevada – The Epicenter of Gold Mining” at the Dec. 5 luncheon during the 125th American Exploration & Mining Association annual meeting at the Nugget Casino Resort in

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Michigan Review Panel Upholds Mining Permit for Aquila’s Back Forty Mine

December 2, 2019

Aquila Resources announced that a Michigan environmental review panel has upheld the mining permit for its Back Forty Mine, an openpit zinc and gold mine near the Menominee River, bringing the mine one step closer to production. The Michigan Department

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NorZinc Secures All Major Permits for Prairie Creek Mine, Canada

December 2, 2019

Canada-based mine developer NorZinc has secured all the major permits for the construction and operation of the Prairie Creek zinc-lead-silver project in Canada. Located in the Dene territory in north-west Canada, Prairie Creek zinc mine is expected to produce approximately

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Evolution Mining to Acquire Newmont’s Red Lake Gold Complex for $375 Million

December 2, 2019

Australia-based Evolution Mining has signed a deal to acquire the Red Lake gold complex from Newmont Goldcorp in Canada for $375 million in cash. Under the terms of the agreement, the company will also pay an additional $100 million in

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