Largest off-grid solar battery hybrid system announced by B2Gold
(Kitco News) – The world’s largest off-grid solar battery hybrid system in the mining industry at the Fekola gold mine in Mali, West Africa, according to an announcement made today by Suntrace GmbH and BayWa re.
Read moreGlencore signs carbon capture deal for coal-fired power plant in Australia
(Kitco News) – Glencore said Monday it signed a memorandum of understanding for the cooperation on carbon capture utilization and storage technology with China Huaneng Group Clean Energy Research Institute.
Read moreExpansion project at Equinox Gold’s Los Filos gets greenlight
(Kitco News) – Equinox Gold (TSX: EQX, NYSE American: EQX) said Monday it is commencing the Bermejal underground mine development, one of the three planned expansion projects at the Los Filos Mine in Mexico. Higher grade ore from the Bermejal undergrou…
Read moreYamana Gold invests C$21M to accelerate Ascot’s Premier project
(Kitco News) – Ascot Resources (TSX: AOT; OTCQX: AOTVF) announced Monday that Yamana Gold has agreed to purchase 24,000,000 common shares of the company at an issue price of $0.86 per share for the total of C$20,640,000.
Read moreAmerigo reports strong Q1 2021 production results in Chile
(Kitco News) – Amerigo Resources (TSX: ARG; ARREF:OTC) reported today that the Minera Valle Central (“MVC”), the company’s 100% owned operation located near Rancagua, Chile, produced 15.5 million pounds of copper at a cash cost of $1.89 per pound and 0.4 million pounds of molybdenum in Q1 2021.
East Africa says its local partner commences tailings operations in Tanzania
(Kitco News) – East Africa Metals (TSXV: EAM) announced that its Tanzanian partner, PMM Mining (“PMM”), has begun tailings re-processing operations on schedule.
Read moreRussian mining giant Nornickel resumed production at flooded mine
(Kitco News) – Russia’s Nornickel, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, announced Monday that the company has resumed production at the Oktyabrsky mine after successfully dealing w…
Read moreFortuna Silver increases production of all metals in Q1 2021; gold output skyrockets 242%
(Kitco News) – Fortuna Silver Mines (NYSE: FSM) (TSX: FVI) reported today that the company produced 1,913,755 ounces of silver in Q1 2021, a 5 percent increase over Q1 2020.
Read moreJaguar Mining’s Q1 2021 production dropped over COVID-19 emergency in Brazil
(Kitco News) – Jaguar Mining (TSX: JAG, OTCQX:JAGGF) today announced that the company’s consolidated gold production decreased 14% to 18,161 ounces in Q1 2021 compared to 21,008 ounces in Q1 2020. Grade also decreased to 3.10 g/t in Q1 2021 compared to 4.15 g/t in Q1 2020.
Gold, silver set back as chart-based sellers step in
(Kitco News) – Gold and silver prices are lower in midday U.S. trading Monday, as the shorter-term futures traders are again pressing the short side of the markets to start the trading week, amid a lack of fresh, markets-moving fundamental news.
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