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Hochschild exercises option to earn into Canadian gold project

By: Creamer Media Reporter      15th October 2021 London-listed Hochschild Mining has excised its option to start earning in to a 60% interest in the Snip gold project, in the Golden Triangle of British Columbia, Canada. Held by Skeena Resources, Snip consists of one mining lease and eight mineral claims totalling 4 546 ha in the Tahltan... 

i-80 Gold completes transaction with Nevada Gold Mines

By: Creamer Media Reporter      15th October 2021 Nevada-focused i-80 Gold is ready to embark on an “aggressive” growth path, executive VP business and corporate development Matthew Gollat said on Thursday, as the miner announced the completion of asset exchange transactions with Nevada Gold Mines (NGM). The company acquired from NGM, by way of... 

Oyu Tolgoi funding estimate raised by $1.2bn

By: Reuters     15th October 2021 Canadian miner Turquoise Hill Resources said on Thursday the estimated additional funding required for the Oyu Tolgoi mine in Mongolia was now $1.2-billion higher than previously expected due to some delays. Oyu Tolgoi, one of the world's largest copper/gold/silver mines, was at the center of a... 

Sanbrado production keeps rising

By: Esmarie Iannucci     15th October 2021 Gold miner West African Resources has reported a 29% increase in gold production for the three months to September, as ramp-up continued at its Sanbrado operation, in Burkina Faso. “The Sanbrado mine completed another record quarter with increased ounces and reduced costs, producing 82 000 oz of... 

US Senator Manchin promises to block mining royalty plan

By: Reuters     15th October 2021 US Senator Joe Manchin has promised to block a proposed royalty for minerals extracted on federal land from advancing in the US Senate's version of the hotly debated reconciliation package, a senate staffer said on Thursday. Manchin, a West Virginia Democrat and chair of the Senator's Energy and... 

Explosives growth follows industry growth

By: Nadine Ramdass     15th October 2021 The African explosives sector remains steady, owing to an increase in African mining opportunities and positive market conditions, says BME Southern African Development Community (SADC) MD Ralf Hennecke. With the growing interest in battery minerals such as lithium and cobalt, there is a further... 

Sibanye says on track to meet responsible gold principles by September 2022

By: Marleny Arnoldi     14th October 2021 NYSE- and JSE-listed Sibanye-Stillwater says it is making progress with implementing the World Gold Council’s Responsible Gold Mining Principles (RGMPs). The company’s efforts to this end include developing policies, systems, processes and controls to ensure conformance with the principles.  

Barrick’s North American production trending at lower end of guidance

By: Mariaan Webb     14th October 2021 Miner Barrick Gold said on Thursday that it remained on track to achieve its 4.4-million to 4.7-million-ounce production target for the year, with all regions, except for North America, trending at the higher end of their regional guidance. North America’s gold output, however, was trending at... 

Glencore looks to recycle electronic metal waste in UK

By: Reuters     14th October 2021 Miner and trader Glencore will find out this month whether it will be able to build an electronics recycling facility in the UK, which could be operational within 18 months, adding new capacity to the 75-year old business. Reusing scrap metal will be vital for cutting noxious emissions and the... 

Ariana says EIA approved for Turkey mine

By: Creamer Media Reporter      14th October 2021 The environmental impact assessment (EIA) for the Tavsan mine, in western Turkey, has been approved, Aim-listed Ariana Resources reported on Thursday. Tavsan, which will be a 300 000 oz/y gold and silver mine, is part of Zenit Madencilik San and is 32.5% owned by Ariana. Ariana MD Kerim Sener... 

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