The U.S. Geological Survey (USGS) reported U.S. production of selected mineral commodities in the third quarter 2024. U.S. mine and plant production data for 16 selected mineral commodities are provided on a monthly (or quarterly) basis by the USGS to the board of governors, Federal Reserve System (FRS), for use in preparing its index of industrial production and the related capacity…
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Newmont sells Colorado operation to SSR Mining
Newmont has agreed to sell its Cripple Creek & Victor operation in Colorado to SSR Mining for up to $275 million in cash consideration. The mine is expected to add 170,000 ounces in annual gold production to SSR’s platform. “The acquisition of the Cripple Creek & Victor Gold mine represents a rare opportunity to add a high-quality producing asset in…
Read MoreFirst gold pour at Borealis ADR facility
Canadian-based Borealis Mining has completed its first gold pour of 2024 from its on-site ADR facility in Hawthorne, Nev. CEO Kelly Malcolm said the milestone was achieved through stripping of 2.5 of the company’s 10 carbon columns, which were loaded from residual leaching with a highly dilute cyanide solution. The first pour resulted in doré bars weighing about 651 troy…
Read MoreB2Gold delays Goose take-off to mid-2025
Miner B2Gold has confirmed that, due to a slight delay in its schedule, first gold from its Goose open-pit and underground complex in Canada, will not be seen until the second quarter of next year. Goose, located in the Back River Gold District in the northern Nunavut Territory, was originally expected to come online in the first quarter of 2025.…
Read MoreFortitude Gold rises in 2Q22
Colorado-based miner Fortitude Gold said in July in its preliminary second quarter production results that it met 10,980 gold ounces during the period. The company said it will maintain its 2022 annual production outlook of 40,000 gold ounces (a range of 36,000 to 40,000 ounces). Fortitude Gold, a gold producer, developer, and explorer with operations in Nevada, has been offering…
Read MoreHudbay gets first gold at New Britannia mill
After wrapping up the refurbishment of the New Britannia mill in Snow Lake, Manitoba, in June, Canadian miner Hudbay Minerals has confirmed the commencement of gold production at the site along with first gold.
Read MoreGold Road mine marks first shipment
Aura Minerals’ Gold Road operation in Arizona confirmed on Sept. 17 that it shipped its first lot of gold production since being acquired by the producer in March.
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