Alamos reports record operating cash flows, ups dividend by 25% The company’s two Ontario underground mines both posted strong performance in the quarter. Canadian Mining Journal Staff | February 25, 2021 | 10:48 am
Sabina updates feasibility on 15-year ‘world-class’ project in Nunavut Average production in the first five years is estimated at 287,000 oz gold annually. Canadian Mining Journal Staff | February 25, 2021 | 10:47 am
African Gold SPAC to target ‘well-trodden’ mining countries “We are the only Africa mining-focused SPAC amongst a sea of SPACs,” said Rob Hersov, the founder and chairman of the company. Bloomberg News | February 25, 2021 | 9:46 am
Gold price extends decline on surging bond yields Ten-year US Treasury yields climbed to the highest in a year on Thursday, making gold less competitive as it does not bear interest. MINING.COM Staff Writer | February 25, 2021 | 9:31 am
KAZ sees earnings rise despite output dip Company said copper output, which dipped to 306,000 tonnes in 2020 from 311,000 tonnes in 2019, was expected to slip further in 2021 to between 275,000 and 295,000 tonnes. Reuters | February 25, 2021 | 9:13 am
In Brazil, an indigenous woman joins Bolsonaro in fight for mining Irisnaide Silva leads one indigenous group in the state of Roraima that defends mining diamond and gold in the Amazon. Reuters | February 25, 2021 | 8:18 am
Polyus Q4 net profit up 20% y/y on higher gold prices Polyus said that it was on track to produce 2.7 million troy ounces of gold in 2021, down from 2.8 million ounces in 2020. Reuters | February 25, 2021 | 8:02 am
Lundin sees Argentine gold and silver mine opening in 2026 If San Juan province approves an environmental study this year, construction of the mine will begin in 2022. Reuters | February 24, 2021 | 2:42 pm
High-grade M&A potential for British Columbia mining With a dearth of shovel-ready development projects in the pipeline, 2021 could see a lot of merger-and-acquisition activity in BC. Nelson Bennett - Business in Vancouver | February 24, 2021 | 2:22 pm