Victoria Gold has received an application for receivership from the Yukon government for its Eagle gold mine following a heap leach failure at the site on June 24. The application, which was delivered via court petition, will be appealed, the Whitehorse-headquartered company said. The Yukon government is seeking appointment of a receiver over the property and the company as well…
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Ascot gets closer to first gold pour at Premier
Canadian explorer Ascot Resources has commenced ore processing at its Premier gold project on Nisga’a Nation Treaty Lands in northwestern British Columbia. The company anticipates the pouring of first gold later this month. Waste rock was initially introduced into the grinding circuit of the mill on March 31 in order to pad the semi-autogenous grinding (SAG) and Ball mill liners…
Read MoreOrica reveals deal for chemical firm
Australian-headquartered Orica confirmed it has inked a deal to acquire U.S.-based Cyanco Intermediate 4 Corp. for $640 million in a bid to extend its mining chemicals business presence. Officials said the price tag will be paid via financial backing of $261.9 million along with existing cash and debt facilities. Cyanco, a distributor and maker of sodium cyanide mainly for the…
Read MoreNewmont selects Viljoen for COO seat
As Newmont plans a transition of its current executive vice president and COO Rob Atkinson to a new role focused on driving strategic initiatives for the company, it has appointed 30-year industry veteran Natascha Viljoen to the COO role. Viljoen, who has served as CEO of Anglo American’s platinum business in South Africa since 2020, will join Newmont’s executive leadership…
Read MoreVirginia Tech experts tapped to explore Virginia’s gold mining impact
Renewed attention to gold mining at both new and historical sites in Virginia prompted the National Academies of Sciences, Engineering and Medicine at Virginia Tech to convene a study about the potential impacts of gold mining, chaired by William Hopkins, Virginia Tech professor in the Department of Fish and Wildlife Conservation in the College of Natural Resources and Environment. Hopkins,…
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