McEwen Mining Slashes Growth Forecast
Mining Weekly reported that McEwen Mining has revised their gold-equivalent output by 2016 down by 22 percent, the latest gold miner to be impacted by the dramatic drop in gold prices and pressure to cut costs.
Articles Tagged "gold mining"
Kinross Gold Scraps Fruta del Norte Project
Mining Weekly reported that Kinross Gold is not proceeding with development at the Fruta del Norte project in Ecuador, after common ground could not be reached with the government.
Esperanza Resources Announces Status Updates for Esperanza Environmental Permit Process
Esperanza Resources Corp. (TSXV:EPZ, OTCQX:ESPZF) announced that they have not yet received initial environmental permit application approval from the Mexican federal permitting authority, Secretaría de Medio Ambiente for their Esperanza gold project.
True Gold Intersects Near-Surface Oxide Gold 300 Metres Northwest of Rambo Deposit
True Gold Mining Inc. (TSXV:TGM) announced that they intersected a wide zone of near-surface gold mineralization during drilling at the Rambo West project. As quoted in the press release:
Metanor Announces May Production of 2,354 Ounces at Bachelor Project, Intersection of 5.58 g/T Over 21 M
Metanor Resources Inc (TSXV:MTO) announced updates on development activities ongoing at its Bachelor project.
Temex Intersects 36.20 g/t Gold over 4.85 Metres within 23.82 g/t Gold over 7.70 Metres at Whitney Project
Temex Resources Corp. (TSXV:TME) announced assay results from the drilling campaign on the Whitney Project located in Timmins, Ontario.
Chile’s Environmental Agency Puts the Brakes on Planned 2014 Production at Barrick’s Pascua-Lama Project
Bloomberg reported that Barrick Gold has announced that production at Pascua-Lama project will not begin in the latter half of 2014 as had been planned, and will be postponed because of concerns from Chile's Environmental Agency
Brigus Gold Corp Returns High Grade Results, Confirms Potential to Add Significant Ounces to Known Resource at Grey Fox
Brigus Gold Corp (NYSE:BRD,TSX:BRD) announced that they had high grade results from recent drilling at the Grey Fox South Zone on the Grey Fox property.
True Gold Returns 1.01 g/t Gold Over 62.0 Metres at Target 600 Metres North of Kao
True Gold Mining Inc. (TSXV:TGM) announced assay results from their is pleased to announce that new assay results returned encouraging gold intersections 600 metres north of the Kao deposit, and outlined potential for expansion.
Mirasol Resources Begins Titan Drill Program
Mirasol Resources Ltd. (TSXV:MRZ) announced that they have started the drill program at their Titan gold project in the Miocene belt of northern Chile.
