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Alio Gold has lifted Dec 2018 year (FY/CY18) gold production from its Florida Canyon mine in Nevada, US, and San Francisco in Sonora, Mexico, to 101,343oz from 2017’s 83,558 from just its San Francisco mine.
The new addition Florida Canyon mine continued its ramp-up and ended the year with production of 47,353oz, in line with the company’s estimate on acquiring the asset in late May 2018. The crushing circuit is on...
Record performance by the Inmaculada mine and increased output from Pallancata in Peru have helped Americas underground precious metals producer Hochschild Mining deliver its sixth successive year of higher output for the year to Dec 2018.
Hochschild’s FY2018 attributable production of 526,650oz gold equivalent, up from 514,000oz in FY2017, with AISC on track for its revised guidance of $US940-970/oz.
Inmaculada delivered 251,090oz AuEq (FY2017:...
A good result from the recently fully acquired Black Fox mine, in Timmins, Canada, has lifted McEwen Mining’s Dec 2018 year (FY/CY18) gold production to 135,124oz from 2017’s 109,947oz, but with silver easing to 3.03Moz from 3.17Moz for gold equivalent up to 175,561oz AuEq from 152,329oz.
Black Fox produced 48,848oz AuEq from 14,279oz following its acquisition on Oct 6, 2017. Elsewhere it was not so positive, with attributable gold...
The recent acquisition of Klondex Mines and its 3 high-grade gold mines in Nevada, US, but still hampered by the long-running Lucky Friday mine strike in Idaho, US, has seen Hecla Mining post record Dec 2018 year (FY/CY18) gold production of 262,103oz, up 13% on 2017.
However, silver production fell 17% to 10.4Moz, with lead output down 12% to 20,091t, but zinc up 2% to...
The recent acquisition of Klondex Mines and its 3 high-grade gold mines in Nevada, US, but still hampered by the long-running Lucky Friday mine strike in Idaho, US, has seen Hecla Mining post record Dec 2018 year (FY/CY18) gold production of 262,103oz, up 13% on 2017.
However, silver production fell 17% to 10.4Moz, with lead output down 12% to 20,091t, but zinc up 2% to...
Australian company Kingsrose Mining will be hoping for a trouble-free period at its Way Linggo gold-silver project in S Sumatra, Indonesia after gaining environmental approval for its twin openpit operations.
Its 85%-owned subsidiary Natarang Mining now has all permits in place to commence ore production at Talang Santo and continue mining at the Way Linggo pit.
MD Paul Jago says the transition of the Way Linggo project from...
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Better than expected results from 2018 drilling have enabled PAK to lift JORC resources by 18% to 303Mt at its 100%-owned Elko coking coal project in BC, Canada.
Chairman Geoff Hill says they’ve also boosted certainty at the East Kootenay basin project, with measured resources growing 513% to 117.6Mt.
Coal quality is better than expected, with moderate to high Free Swelling Index values and low ash.
PAK says the results...
Singapore-based Aahana Global Resources & Investment may emerge with about 19.9% of Indonesian coal project developer Cokal through a conditional deal to acquire shares and options from in-liquidation substantial shareholder Platinum Partners.
The move follows agreement last year by Aahana principal Karan Bangur to provide capital funding for Cokal’s BBM project in central Kalimantan. Bangur will seek 2 board...
Lucapa Diamonds predicts a new era of growth after completing its first period of commercial recoveries in the Dec qtr (Q4) at its 1.1Mtpa Mothae kimberlite mine in Lesotho, its second African producing mine.
Mothae processed 78,426t kimberlite material during pre-production operations in Q4 for 3,089ct at 3.9cpht, more than double the forecast recovered grade of 1.8cpht.
Lucapa says more large diamonds have been recovered in early Jan, heading for...