Exploration boom in West Africa challenged by lack of services — report

Blue Star will be a Vancouver-based gold and silver exploration company focused on mineral exploration and development in Nunavut, Canada.

The agreement covers the construction and operation of an all season road connecting the Prairie Creek zinc-lead-silver mine and the Liard Highway.

Alamos Gold produced 505,000 ounces of gold from its four mines in North America last year and expects a “similar rate of production” this year.

The mill processed 20.7 million tonnes of ore with a head grade of 1.04 g/t.

Rau is located at the western end of the company’s Rackla property 55 km northeast of Keno City.

Toronto-based private-equity firm Waterton Global Resource Management is launching a proxy fight with Hudbay Minerals, pushing to overhaul the board and oust its chief executive over alleged "mismanagement."

For 2019, the Canadian miner forecasts gold production of between 935,000 and 975,000 ounces at all-in sustaining costs estimated at between $835 and $875 per ounce.

The prepaid gold arrangement is supported by a syndicate of banks.

The precious metals miner produced 175,561 ounces of ore last year, 15% more than the 152,329 it churned out in 2017.