Lepidico has set aside US$63 million to develop the Rubicon and Helikon mines and a 60,000 tpa output concentrator startup in August 2025. The Helikon 2-4 drilling exercise to extend Phase 1 life to more than 20 years is …
7.6 metres of 8.82 g/t gold; and; 1.6 metres of 13.82 g/t gold. The resource update released on Jan. 7 features 811,000 oz. of gold in the measured and indicated category – the company has ...
TORONTO – Rubicon Minerals has announced an $8 million flow-through bought deal, upsized from $6 million previously, led by Cormark Securities. Rubicon […]
ONTARIO – Rubicon Minerals has released the results of infill drilling and provided an update on its plans for the Phoenix project. […]
Rubicon Minerals Corporation (RMX:TSX | RBY:NYSE-AMEX) ("Rubicon") is pleased to announce that the amendments to the Permit to Take Water, the Industrial Sewage Certificate of Approval and the Air ...
Rubicon Minerals Corporation releases results of its Red Lake exploration drilling program north of the F2 Deposit at the Phoenix Gold Project and details regarding its properties in Nevada.
Battle North, formerly known as Rubicon Minerals, had trouble developing its Bateman (previously known as Phoenix) underground gold project. The Toronto-based company rushed the mine into production in 2015, without …
Rubicon Minerals (TSX:RMX) stock dropped by a third after the Ontario government temporarily suspended mill operations at the company's Phoenix gold project to treat elevated ammonia levels and ...
Rubicon Minerals Corporation (Rubicon) has begun processing the bulk sample mineralised material extracted from test mining activities at the Phoenix Gold Project. For full functionality of this site it is necessary to enable JavaScript.
Rubicon Minerals took control of the Phoenix Gold Project (formerly McFinley Mines) in 2002 and began doing geological mapping, magnetic surveying, trenching, sampling and compiling …
Rubicon Minerals' Phoenix Gold mine project, near Red Lake. A Red Lake mine builder is pondering a name change. Shareholders of Rubicon Minerals will be asked to consider a new name for the company letterhead - …
An updated mineral estimate from Rubicon Minerals on its Phoenix Gold mine project in Red Lake is due out by either year's end or early in 2020.. The Toronto mine developer has been running a 13,000-metre infill drilling program to upgrade its inferred gold resources into a higher classification in the measured and indicated categories, above the 750,000-ounce mark, …
The PEA, based on a March 2019 resource and completed by Rubicon's new management, shows a project that will cost C$101 million to put back into production that will produce 79,610 oz. gold per ...
Rubicon Minerals Corporation (Rubicon) has reported an updated Mineral Resource Estimate (2019 Mineral Resource Estimate) for the Phoenix Gold Project. The company plans to file an updated NI 43-101 Technical Report for the project within 45 days.
TORONTO — Rubicon Minerals Corp. is at risk of collapse after breaching a debt covenant and halting its high-profile Ontario gold project due to technical problems. The junior miner announced Tuesday that there is "significant doubt" it can continue as a going concern because of its debt, and may have to seek creditor protection.
TORONTO, July 7, 2020 /CNW/ - Rubicon Minerals Corporation (TSX: RMX) (OTCQX: RBYCF) ("Rubicon" or the "Company") is pleased to announce that it has now completed its corporate name change to ...
Junior miner Rubicon Minerals Corp. has slashed its gold resources by an astounding 88 per cent, confirming the company will go down as one of the worst Canadian mining meltdowns in years. The stock plunged 64 …
Your Online Guide to the Mining Industry. Please login or register to join our webinar. E-mail address: ... Rubicon Minerals Corporation Contact List Suite 830 - 121 King Street West ... Rubicon Minerals Corporation is an advanced gold exploration-stage company that owns the Phoenix Gold Project, located in the prolific Red Lake gold district ...
Rubicon Minerals Corporation is an advanced gold exploration-stage company that owns the Phoenix Gold Project, located in the prolific Red Lake gold district in Northwestern Ontario, Canada. ... building, and test mining at the Phoenix Gold Project, the geological structural interpretation for the deposit turned out to be more complex than ...
Even before its meltdown, investors watching Rubicon Minerals Corp. could see some troubling warning signs. Everything seemed fine on the surface. The company said in April that it was on track for first gold production …
Michael Winship, a mining engineer, joined the board of Rubicon Minerals (TSX: RMX; US-OTC: RBYCF) in 2011 and was appointed the company's interim president and CEO in October 2015. Rubicon started trial mining its F2 deposit at the Phoenix property in Ontario's Red Lake district last year, but the geology was more complex than previously thought and …
Rubicon Minerals Delivers New PEA Demonstrating a 40.2% After-Tax IRR and C$191 million Free Cash Flow Potential of the Phoenix Gold Project
The meltdown at Rubicon Minerals Corp. highlights the risk of building a gold mine without getting to know the deposit as well as possible. The Toronto-based miner's shares plunged as much as 68 per cent on Tuesday after it halted underground development of the Phoenix gold project.
ONTARIO – Battle North Gold, previously Rubicon Minerals, has released an updated resource estimate for its flagship Bateman gold project (formerly known […] 5 years ago. ... GOLD: Rubicon completes Phoenix test mining. August 9, 2018 - 4:41 pm . …
Lepidico has announced the commencement of site works for the Karibib Lithium Project, with mining operations scheduled to commence in early 2025. The project encompasses the Helikon and Rubicon mines and is poised to create significant employment opportunities. ... producing approximately 17,000 tonnes of lithium mineral concentrates between ...
Rubicon Minerals' Phoenix Gold Project in Red Lake. The new owners of a shuttered Red Lake gold mine expect to release a preliminary economic assessment (PEA) of …
"The expansion of the measured and indicated mineral resource estimate above 800,000 oz. has given us the confidence to begin mine planning and engineering work at the Phoenix gold project, with the goal of demonstrating the project's commercial viability," George Ogilvie, the company's president and CEO, stated in a news release.
The largest player in the Red Lake, Ont., mining camp is about to have an even bigger piece of the golden pie. ... previously known as Rubicon Minerals Phoenix Gold Project, located just north of ...
About Rubicon Minerals Corporation. Rubicon Minerals Corporation is an advanced stage gold development company. The Company is focused on responsible and environmentally sustainable development of its Phoenix Gold Project in Red Lake, Ontario. The start of potential gold production is projected in mid-2015, based on current forecasts.
Argo Gold has signed an agreement to acquire a interest in certain Canada-based mineral claims owned by Rubicon Minerals. The proposed mineral claims are situated adjacent to Argo Gold's Woco gold project in Earngey Township, which is located roughly 90km east of Red Lake, Ontario.