Newmont has agreed to sell its Porcupine gold operation in Ontario, Canada, to Discovery Silver for up to $425 million in total consideration. The transaction is part of the miner’s ongoing program to divest its non-core assets. “Today’s announcement represents a significant milestone for Newmont as we have agreed to sell the final non-core operation from our divestiture program,” said…
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Sleeping Giant mill reawakens
Quebec-based Abcourt Mines said the mill at its Sleeping Giant underground gold operation in the Abitibi region of the province restarted processing on February 13. In its Feb. 20 confirmation of the restart, it confirmed it saw 20 tonnes per hour in the first week. On Feb. 19, it marked 32 tph with the addition of the second ball mill.…
Read MoreA straight route to success at Detour Lake
Northeastern Ontario, Canada open-pit Agnico Eagle gold operation Detour Lake had several lofty goals: achieving and surpassing environmental, social and governance (ESG) outlines while setting itself up for long-term efficiency through monitoring its most crucial metrics. Artificial intelligence technology from Symboticware was its answer. By Donna Schmidt Mining operations in the age of digitization have the ability to bring in…
Read MoreOceanaGold mines first ore at Haile’s underground mine
Gold and copper producer OceanaGold has mined first development ore from the Horseshoe underground mine within its Haile gold operation in Kershaw, S.C. The company said it is on track to deliver first stope ore in October with ramp-up to occur through the first half of 2024. Development of Horseshoe has progressed with approximately 2,230 meters of total development to…
Read MoreMining, milling begins at Tahuehueto
Canadian-based, Mexico-focused producer Altaley Mining has commenced pre-production mining as well as mill commissioning at its Tahuehueto gold operation in Durango, Mexico, and officials are now eyeing first deliveries of concentrate. Officials said the processing facility at the operation is online and now allows for milling from one ball mill of up to 500 t/d with flotation cells, concentrate thickeners…
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