Rock Tech's Channel Assays Indicate additional quantities of Lithium Pegmatite
Gold market is hot again - Mega deals turn gold mining around
After years on the sidelines, gold producers are suddenly the mining world’s hottest topic as the industry gathers in Cape Town this week. For more than half a decade, gold miners have been stuck in the doldrums, shunned by investors following a string of missteps and bogged down by a stagnant bullion price. Then, in September, a surprise mega deal turned the industry on its head.
Detour Gold poised to Shift Gears
Major changes are likely in store for Detour Gold Corporation in 2019 now that the company’s highly public boardroom battle is in its rearview mirror. The company is poised to shift gears, downsize the head office structure, and concentrate on retooling daily operations.
A confidential source with direct knowledge of DGC’s recent developments, told Mining Life that the company’s struggles are on the ground at its northern Ontario gold mine, not the corporate boardroom of Detour’s downtown Toronto offices, although the two are inter-connected.
Harte Gold’s Sugar Zone Mine Opens Successfully Near White River
Premier Doug Ford and Minister of Energy, Northern Development and Mines, Greg Rickford were on hand to celebrate the opening of Harte Gold’s Sugar Zone mine near White River, Ontario on October 24, 2018.
Amrapali Group looks to Ontario & Quebec to Secure Millions of Ounces of Gold and Silver
Ten thousand miles from the drilling shacks that dot Northern Ontario and Quebec is a culture that loves Gold, the people who are associated with this culture are from India. In fact India’s love affair with precious metals extends to silver and diamonds. Depending on who you ask India is either the number one or two importer of Gold in the world.
Newmont & Goldcorp Combine to Form the World's Largest Gold Mining Company
Newmont Mining and Goldcorp have agreed to combine their operations and form the world’s largest gold mining company.
Under the terms of the agreement valued at $10 billion Newmont will exchange 0.328 of a share and two cents in cash for each of Goldcorp’s outstanding common shares.
Moneta Porcupine Mines Golden Highway Project Moving Ahead
It’s not called the Golden Highway for no apparent reason and Moneta Porcupine Mines (MPM) continues to carve out its part of that famous landscape. The junior miner is aggressively moving forward following the completion in late 2018 of a new geological interpretation model of high-grade structures 110km east of Timmins.
Kirkland Lake Gold prospers, as town celebrates 100th Anniversary
Kirkland Lake, the town that gold built, is celebrating its 100th anniversary in 2019.
Ford Government favours mining friendly approach
With the seemingly anti-development Liberal government firmly in its rearview mirror, domestic and international mining companies are looking forward to a new regulatory regime in Ontario under Doug Ford’s PC government.
Kidd Creek Encouraging Signs Point to Extended Life
Speculation continues to swirl around the possibility of an extension to the life of mine for the world-famous Kidd Creek base metals operation in Timmins. The deepest and most prolific base metals mine in the world has a lengthy history of innovation, which is fueling rumours that Kidd may continue production well past 2022.