Canadian miners Hudbay Minerals and SSR Mining have restarted operations at their Snow Lake and Seabee operations, respectively, following a temporary suspension due to nearby wildfires. Hudbay said through its emergency preparedness and extensive community response efforts, there has been no structural damage to its infrastructure and facilities in Snow Lake and Flin Flon as a result of the wildfires. …
Read MoreTag: SSR Mining
Hudbay, SSR pause operations as Canadian wildfires spread
Canadian miners Hudbay Minerals and SSR Mining have temporarily suspended operations in Western Canada as an outbreak of fires spread across the region’s north.
Read MoreNewmont completes sale of three operations
Global miner Newmont Corp. has completed the previously disclosed sales of the Musselwhite and Éléonore operations in Canada and the Cripple Creek & Victor operation in the United States, as part of a divestment plan of non-core assets. Orla Mining purchased the Musselwhite gold mine in Ontario for an upfront cash consideration of $810 million and gold-price linked contingent consideration…
Read MoreNewmont 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 MoreSeabee to restart operations in October
SSR Mining said that its Seabee gold operations in northern Saskatchewan, Canada, will restart in the second half of October after forest fires caused an evacuation of the site on August 21.
Read More