MINING.COM

Tahoe cutting 250 jobs at Escobal mine in Guatemala on reopening delays

Canadian miner cited uncertainty over whether it will ever have its mining license for the operation reinstated as main reason for the layoffs.

Cecilia Jamasmie | January 15, 2018 | 8:18 am

McEwen 2017 output fails to impress, but gold prices boost shares

The Canadian precious metals miner produced 109,947 gold ounces and 3,178,742 silver ounces, last year, roughly in line with full-year guidance of 109,500 ounces of gold and 3,337,000 silver ounces.

Cecilia Jamasmie | January 15, 2018 | 6:07 am

Chinese bitcoin miners eye sites in energy-rich Canada

China’s Bitmain Technologies is eyeing bitcoin mining sites in Quebec, a company spokesman told Reuters, as expectations of a potential Chinese crackdown on cryptocurrency mining make the energy-rich Canadian province an attractive alternative.

Reuters | January 14, 2018 | 4:01 pm

“I’m starting to see the hype in this mining cycle:” Warren Irwin

Rosseau Asset Management CEO Warren Irwin sees encouraging and warning signs in the current mining cycle.

SmallCapPower | January 12, 2018 | 12:56 pm

Cobalt and 11% yields lure risk-takers to this Canadian miner

Strengthening commodity prices have spurred investors to push Sherritt’s bonds up, but skepticism is still reflected in the yield of nearly 11 percent.

Bloomberg News | January 12, 2018 | 10:33 am

First Majestic expands Mexico footprint with $320M Primero Mining acquisition

With the friendly takeover First Majestic gains Primero’s flagship asset, the San Dimas silver-gold mine, located in the state of Durango.

Cecilia Jamasmie | January 12, 2018 | 3:46 am

Skeena shares take off on BC Golden Triangle drilling

Past-producing Snip mine delivers again for Vancouver junior six months after acquiring property from Barrick Gold.

Frik Els | January 11, 2018 | 12:42 pm

Bitcoin upstages electric cars as bigger source of power use

Miners of bitcoin could require up to 140 terawatt-hours of electricity in 2018. That’s more than expected power demand from electric vehicles in 2025.

Bloomberg News | January 11, 2018 | 11:53 am

Mali mine takes B2Gold 2017 output to record high

This is the ninth consecutive year the Canadian miner achieves record annual gold production.

Cecilia Jamasmie | January 11, 2018 | 9:37 am

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USNC-Power to develop Canada’s first small modular reactor

Nighthawk drills 155 metres of 1.36 g/t gold at the Colomac Main Sill

Brief strike ends at Canada’s Westshore coal terminal

Wheaton Precious Metals’ silver linings playbook

Alternative financing models for mining – report

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