Alamos will sell a portfolio of 18 royalties to Metalla Royalty and Streaming for $8 million in Metalla shares. Following the transaction, Alamos will own 6.26% of Metalla.
Since drilling began in in 2018, Monarch has expanded the deposit and confirmed its high-grade potential.
The project contains more than 30 million probable oz. silver.
The company has increased its overall reserves by 6%, net of mining depletion.
The company has intersected 175 metres of 0.28 g/t gold at its Blue Lake porphyry prospect in Papua New Guinea.
The company has started a preliminary economic assessment which it expects to complete by year-end.
The company has added 248,700 oz. gold to its indicated resource but lost 628,400 oz. gold from its inferred resource.
RNHigginsville contains 5.9 million proven and probable tonnes grading 1.92 grams gold per tonne for 367,000 oz. gold.
Gold Standard has completed all 70 RC holes (10,503 metres) in its 2019 Phase I drill program.
The updated resource model spans three contiguous zones and includes a higher grade core that the company could access early in a potential mine’s life.
British Columbia Investment Management Corporation will vote against the proposed merger of Goldcorp and Newmont due to Goldcorp’s decision to award its chairman a $12m retirement allowance.
Three holes cut 132 grams gold per tonne over 1.8 metres from 87 metres downhole.
Earlier this week, the company closed a $22. 4 million bought deal financing, which will be used to advance the Cerro Blanco project.
A new hole drilled at the company's Percival target in James Bay, Quebec, returned a 74.5-metre intercept grading 0.97 g/t gold.
The company will drill 5,000 metres at its Tlamino gold project in southern Serbia.
The company recently closed a $175 million financing package that it will use on mine construction and start-up.
Since the end of 2017 the company has increased its reserves by 470% to 5.5 million oz. gold.
The two companies will form of a committee to explore Wolfden’s Pickett Mountain volcanogenic massive sulphide (VMS) deposit in Maine.
The company is in the process of permitting the property for further exploration in 2019.
A look at eight majors and juniors exploring for gold worldwide.
Gold production surged 150% year-on-year to 285,000 ounces, while copper production of 159,100 tonnes marked a 1.1% increase over 2017.
The project now contains 1 million indicated tonnes grading 6.98 grams per tonne gold and 710.6 grams silver.
More than half the company’s 2018 gold production came from its Los Filos gold mine in Mexico, which produced 195,362 oz. gold last year.
The Nivre deposit contains 18.9 million indicated tonnes grading 1.09 grams gold per tonne for 665,000 ounces of gold.
The company produced 90,531 oz. gold in 2018, beating the upper end of its 82,000-90,000 oz. gold guidance.