Its fall drilling program intersected long intercept of copper in a part of the property that had never been drilled and greatly expanded the Western Zone at its Lone Mountain project, which lies between Freeport-McMoRan Copper & Gold Inc.’s Chino and Tyrone properties near Silver City, N.M., Copper One Inc. reported yesterday. Results from...
Its Copperstone gold mine in western Arizona has achieved several significant milestones as the operation moves towards full production, American Bonanza Gold Corp. reported this morning. The crushing and grinding facilities and the gold-processing plant have completed commissioning and have recently operated for one week at 79% of the 450 tpd design capacity during...
Allied Nevada Gold Corp. has been ordering critical long-lead mining and processing equipment for its expansion projects at the Hycroft gold/silver mine in Nevada and has come in 2% under the feasibility estimates. The Nevada mining company said this morning that to date, it has spent or committed $354.9 million, 2% below the feasibility estimate....
Wildcat Silver Corp. has greatly increased — to about 270 million ounces — the silver resouces at its Hermosa project in Santa Cruz County, southern Arizona, it reported this morning. The updated mineral resource comprises an indicated resource of 101.4 million tonnes of 53.18 gpt silver for 171.3 million ounces and an inferred resource of...
U.S. Silver Corp. is proceeding with development work to support the re-opening of the Coeur silver mine, which is adjacent and connected underground to the company’s operating Galena mine in the prolific Silver Valley near Wallace, Ida., the company said today. First production from the Coeur mine is targeted for the end of this...
To ensure safe and efficient operations for its personnel, Hecla Mining Co. said this morning it will develop a new haulage way to bypass the rock burst that occurred at the Lucky Friday mine in northern Idaho on Dec. 14. Creating the bypass and reestablishing mine production is expected to be complete by the...
Lincoln Mining Corp. has received a positive preliminary economic assessment on the proposed open-pit mining and heap-leach operation at its Pine Grove gold project in the Pine Grove Hills 20 miles south of Yerington, Nev., the Vancouver-based company reported yesterday. The assessment says the mine will produce free cash flow of $32 million at...
The expansion project at the New Jersey mill near Kellogg, Ida. is about 76% completed on a cost basis, New Jersey Mining Co. reported this morning. All major equipment has been procured and is on site, including a new 2.4-meter-diameter by 4.0-meter-long ball mill, a new cone crusher and a new paste thickener. A...
