Canadian-based Orla Mining has completed the previously announced acquisition of Gold Standard Ventures by way of court-approved plan of arrangement. “The closing of this acquisition marks an important milestone in Orla’s journey in becoming a growth-oriented, low-cost, mid-tier gold producer,” said Jason Simpson, president and chief executive officer of Orla Mining. “We will seek to generate shareholder value through effectively…
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Generation Mining said its subsidiary Generation PGM, which is developing the Marathon palladium-copper project in northwest Ontario, has entered into an agreement with Hycroft Mining for the purchase of an unused, surplus SAG mill and ball mill for US$12 million. Gen PGM will assume certain costs related to the mills, which are currently stored in Nevada and Texas, including storage,…
Read MoreBarrick-Nevada Gold Mines Operations (NGM) has recommitted itself to its predictive maintenance strategy for dozens of its miners with Dingo, the latter recently announced. The companies, which have been working together in partnership for more than 20 years, will advance continuous improvement initiatives, improve efficiencies, communicate findings from condition intelligence reviews and create actions to improve machine health under the…
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