News

Tim Coughlin’s career arc is actually a circle. The 50 year old geologist did his PhD research on gold-system targeting methods in the Andes of South America. Later, as chief geologist for AngloGold Ashanti, Coughlin spent several years being...

Klondex Mines (TSX:KDX) has added to its portfolio of properties by acquiring the idled Rice Lake Mine in Manitoba, Canada. The Nevada-focused gold and silver producer said Friday it would buy the mine and mill for US$20 million in...

One of the largest copper mines in Africa is increasing production at its open pit operation by employing a fleet of 200-tonne haul trucks with overhead trolley-assist specially designed for long, steep, uphill climb conditions. Duratray SDBAmong the fleet...

Nautilus Minerals has signed a new agreement with Tongling Nonferrous Metals Group for the sale of product extracted from the company’s Solwara 1 deposit in the Bismarck Sea of Papua New Guinea, with first delivery expected in the first...

OceanaGold recently received the prestigious Philippines 2015 Presidential Mining Industry Environmental Award (PMIEA) for the Surface Mining Operation Category. The award was presented during the 62nd Annual National Mine Safety Conference held recently in Baguio City. OceanaGold’s Didipio project...

Turquoise Hill Resources announces that Oyu Tolgoi LLC has signed a US$4.4 billion project finance facility, one of the mining industry’s largest, to enable development of the Oyu Tolgoi (OT) underground project in Mongolia to resume. The facility is...

On December 7 the Specialised Interdistrict Economic Court of the Akmola Oblast in Kazakhstan ordered that Alhambra Resources’ wholly-owned Kazakhstan subsidiary Saga Creek Gold Company JV LLP be declared bankrupt. As a matter of Kazakh law, the Bankruptcy Order...