Phoenix mine on target for production mid-year
Rubicon Minerals (TSX:RMX) advanced 4.5 percent on Friday after the company released an update on its Phoenix Gold Project in Red Lake, Ontario.
Rubicon Minerals (TSX:RMX) advanced 4.5 percent on Friday after the company released an update on its Phoenix Gold Project in Red Lake, Ontario.
Hudbay Minerals (TSX, NYSX:HBM) has purchased the idled Snow Lake project in Manitoba, adding to its stable of properties in the Canadian province of Manitoba.
Three of the world's largest pension funds are voting against execs upping salaries 36% to more than $1m a month while the company stock sinks.
The expansion will boost the capacity of the Peruvian mine's copper concentrator to 120,000 tonnes per day from 60,000.
The deal will also result in a spinoff company called AuRico Metals, which will hold the Kemess Property in northern British Columbia and three royalty assets.
Shares climb 40 percent on take-over announcement.
McEwen Mining's El Gallo mine in Sinaloa hit by armed robbers stealing 7,000 ounces of gold in concentrate.
Premier gets the mine plus a $12.5 million injection from Goldcorp.
Barrick Gold (NYSE:ABX, TSX:ABX) has settled claims with 11 women from Papua New Guinea who had alleged acts of sexual violence against them, including rape, at the Porgera mine in PNG over the last two decades.
A very important step in the moving the high grade Brucejack project forward to production was announced this morning with a signed agreement between Pretium and the Nisha’a Nation.