Barrick aborts earn-in joint-venture on ATAC Resources’ Orion project
Shares of ATAC Resources plunged 25% on news that Barrick Gold is terminating its earn-in joint venture on the junior’s Orion project.
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Shares of ATAC Resources plunged 25% on news that Barrick Gold is terminating its earn-in joint venture on the junior’s Orion project.
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The company plans to move forward with the plan only once the feasibility study at its Zinnwald project is completed, in the second quarter of next year.
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Together with the acquisition, the Vancouver-based miner will change its name to Norra Metals Corp.
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Umpleby has been a member of the board and CEO since Jan. 1, 2017.
The post Caterpillar CEO Jim Umpleby now also company’s chairman appeared first on MINING.com.
Umpleby has been a member of the board and CEO since Jan. 1, 2017.
The post Caterpillar CEO Jim Umpleby now also the company’s chairman appeared first on MINING.com.
World's No. 1 copper producer says mine operating normally despite labour unrest.
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World's No. 1 copper producer says mine operating normally despite labour unrest.
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The Toronto-based miner needed to complete a change of land use payment.
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Pit constrained measured and indicated resources are 22.4 million tonnes grading 1.13 g/t gold and containing 813,000 oz.
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The complex produced more than 1.0 billion lb. of copper and almost 206,000 oz. of gold.
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Hook Lake is owned jointly by Cameco Corp. (39.5%), Orano Canada (39.5%) and Purepoint Uranium Group (operator and holder of a 21% interest).
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Fission 3.0 Corp. is preparing to drill 4,400 metres at four high priority targets – Wales Lake, Patterson Lake North, Key Lake and Cree Bay (two holes).
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The after tax NPV at an 8% discount is now $198 million.
The post Northern Graphite tweaks Bissett Creek numbers appeared first on MINING.com.