The study indicates the project could produce 80,000 oz. gold per year over an 8.7 year mine life.
Gold Mining News
RNC recently made a high grade discovery at its Beta Hunt gold mine in Western Australia.
Drilling is set to begin April 24 on multiple exploration targets.
Three British Columbia properties are seeing some action in 2019.
The company achieved preliminary Q1 production of 1.37Moz gold and 106Mlb copper.
Newmont Goldcorp is now the world’s largest gold producer by market value, output and reserves, as well as the only bullion producer listed on the S&P 500 Index.
The Opemiska complex lies within the Abitibi Greenstone Belt and Quebec’s Plan Nord lands.
Separately, the company was granted two-year extensions to existing land use permits for the Goodwin Lake and Clan Lake properties.
Consolidated gold production was 230,859 ounces, 6% (12,704) ounces above budget.
Confusion over who’s in charge in Venezuela may keep Crystallex International Inc. from collecting a $1.2B arbitration award.
The property is a potential producer of copper, gold and molybdenum.
Last month, Managem reported a 16% drop in 2018 revenue after metal prices fell on international markets and its Bakkoudou gold mine in Gabon closed.
The company, South Africa's largest gold producer, has run up losses of about 1.6 billion rand ($114 million) and about 110,000 ounces of missed gold output because of the labour action.
Zinke left his post in January amid several federal investigations into his travel, political activity and potential conflicts of interest.
The company intends to complete detailed mapping, rock and soil sampling and possibly IP geophysics to confirm possible drill targets.
Market signals are already showing troubling signs of this shift in the sector.
The company is streamlining its senior leadership team.
As proposed, the Blackwater gold project would produce 60,000 tonnes per day of gold and silver ore, over a mine life of 17 years.
New report "debunks commentary calling for peak gold."
The reason for central banks’ recent gold accumulations has little to do with safe havens and a lot to do with chipping away at the US dollar’s role as the reserve currency.
Licence would have allowed Hecla to pump groundwater to supply the proposed copper and silver mine beneath a Montana wilderness area.
Opponents to mining projects in South Africa are often harassed, threatened and sometimes even killed, according to a report by a group of human rights advocates including Human Rights Watch.
The Canadian miner's second-largest investor, Waterton Global Resource Management, has filed a lawsuit against the base metals producer in a bid to constrain its ability to solicit proxies.
The Chapada copper-gold mine, in the northwest Brazilian state of Goiás, began production in 2007 and is expected to churn out about 54,500 tonnes of the red metal and 100,000 ounces of the precious one this year.
Deal creates the world’s largest gold producer by market value, output and reserves.