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Mining News: 7 million oz. of gold  07/24/2016 (Full story)
On July 13, a fountain of molten gold cascades into awaiting molds at the Fort Knox Mine, which is among the largest and lowest-cost gold operations owned by Kinross Gold Corp. While gold pours such as this one are a regular occurrence at this roughly 1,100-ounce-per-day operation, somewhere in thi...

Mining News: News Nuggets: Kiska, First Quantum to drill porphyry target at Copper Joe  07/24/2016 (Full story)
Kiska Metals Corp. July 18 reported that an exploration team and equipment has been mobilized to begin drilling at Copper Joe, a copper-gold-molybdenum porphyry project located in the Alaska Range about 110 miles northwest of Anchorage. First Quantum Minerals has an option to earn up to an 80 percen...

Mining News: News Nuggets: Ucore sets out to recover tech metals from the tailings of Alberta oil sands  07/24/2016 (Login to read Full story)
Ucore Rare Metals Inc. July 18 said it has partnered with an undisclosed major Alberta oil sands producer to recover rare earth elements and other technology metals from Alberta oil sands operations. “This high profile project truly shows the versatility of SuperLig across a diverse range of feed-st...

Mining News: News Nuggets: Teck, GCI to bring high-speed internet to Red Dog area  07/24/2016 (Login to read Full story)
GCI and Teck Red Dog Operations July 14 said they have reached an agreement that will bring high-speed broadband internet service to the Red Dog Mine and the community of Noatak in Northwest Alaska. GCI is already Alaska’s largest telecommunications company, and this partnership is part of its broad...

Mining News: Northern Neighbors: Goldcorp now owns Kaminak, Coffee gold project  07/24/2016 (Login to read Full story)
Goldcorp Inc. July 20 said it has completed the acquisition of Kaminak Gold Corp. in an all-shares deal valued at roughly C$401 million when you consider the value of the Goldcorp shares on the day of the closing. As a result of the purchase, Goldcorp now has full ownership of the Coffee Gold projec...

Mining News: Northern Neighbors: With Shamrock-Olive results in, Victoria prepares for phase 2  07/24/2016 (Login to read Full story)
Victoria Gold Corp. July 20 posted another round of results from the spring 2016 Olive-Shamrock exploration program, this time from the Shamrock zone. Highlights from drilling at Shamrock include: 31 meters of 1.3 grams per metric ton gold from a depth of 28.9 meters in hole DG16-707C; 28.2 meters o...

Mining News: Northern Neighbors: Colorado gets started at KSP, strong results begin to roll in  07/24/2016 (Login to read Full story)
Colorado Resources Ltd. July 18 posted results from eight holes drilled at the Inel zone on the KSP property under option with Seabridge Gold Inc. Highlights from the drilling include: INDDH16-001 cut 11 meters averaging 6.12 grams per metric ton gold, 45.74 g/t silver and 2.18 percent zinc; INDDH16...

Mining News: Northern Neighbors: TMAC raises C$60 million to advance Hope Bay gold project  07/24/2016 (Login to read Full story)
TMAC Resources Inc. and Resource Capital Fund VI L.P. July 19 reported the closing of an C$80 million financing that involved issuing 3,975,000 TMAC shares and 1,325,000 Resource Capital shares at C$15.10 per common share. TMAC received roughly C$60 million of the gross proceeds and about C$20 milli...

Mining News: Northern Neighbors: Skeena bolsters Golden Triangle exploration with C$3.9 million  07/24/2016 (Login to read Full story)
Skeena Resources Ltd. July 18 said it raised C$3.93 million during the second tranche of an over-subscribed, non-brokered private placement. Through the first two tranches of the financing, Skeena has raised gross proceeds of C$7.73 million and the final tranche is expected to close soon. Funds rais...

Mining News: Northern Neighbors: Yukon-focused Klondike sells BC portfolio to Rise  07/24/2016 (Login to read Full story)
Klondike Gold Corp. July 18 reported the sale of seven mineral properties in southeastern British Columbia – Red Point, Clubine, Ron Gold, Panda Irishman, Cruz-Midway, Thea, and Quartz Mountain – to Rise Resources Inc. As an initial payment, Klondike received C$50,000 in cash: 1.5 million Rise share...

Mining News: Northern Neighbors: Red Chris production up; Huckleberry Mine winding down  07/24/2016 (Login to read Full story)
Imperial Metals Corp. July 15 said its three mines in British Columbia produced 39.76 million pounds of copper and 27,689 ounces of gold during the second quarter of 2016. The Red Chris Mine in northern British Columbia was the biggest contributor, producing 26.74 million lb. copper and 18,213 oz. g...

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