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Iamgold lowers Westwood mine reserves

Iamgold lowers Westwood mine reserves

Iamgold has cut reserves by 48% at its Westwood gold mine in southwestern Québec, Canada, and outlined a “cautious” approach to a long-term plan for the operation. The Toronto-based miner has been reviewing Westwood for months. In February, it booked a $395 million...
Codelco to restart projects beginning next week

Codelco to restart projects beginning next week

Chile’s state-run miner Codelco, the world’s largest copper producer, said on Thursday it would restart operations and projects it had suspended due to the coronavirus pandemic, beginning next week. The miner had been forced to delay several mine expansion projects as...
Chile’s top copper miners boost June output

Chile’s top copper miners boost June output

Chile’s largest copper mines boosted output in June, according to government statistics released late on Tuesday, churning out more of the red metal even as the coronavirus outbreak hit its stride in the South American mining powerhouse. The Chilean Copper Commission...
Premier Gold Mines considering US spin-out

Premier Gold Mines considering US spin-out

Premier Gold Mines is currently evaluating asset reorganization options to maximize the value of its property portfolio, which potentially include spinning out to its shareholders the company’s US subsidiary that holds its Nevada assets, the company said on Wednesday....
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