Gold Mining News

Canarc's stock jumps on PEA at New Polaris

The study indicates the project could produce 80,000 oz. gold per year over an 8.7 year mine life.

RNC Minerals closes C$12m bought deal financing

RNC recently made a high grade discovery at its Beta Hunt gold mine in Western Australia.

Roxgold and Newcrest close deal on Séguéla project in Côte d’Ivoire

Drilling is set to begin April 24 on multiple exploration targets.

Ximen to expand precious metals exploration efforts in BC

Three British Columbia properties are seeing some action in 2019.

Barrick says Kibali mine on track for another record year

The company achieved preliminary Q1 production of 1.37Moz gold and 106Mlb copper.

Done deal: Newmont Goldcorp becomes world’s No. 1 gold miner

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.

Power Ore completes revised Opemiska geological model

The Opemiska complex lies within the Abitibi Greenstone Belt and Quebec’s Plan Nord lands.

GoldMining receives water licence, land use permits for Yellowknife project

Separately, the company was granted two-year extensions to existing land use permits for the Goodwin Lake and Clan Lake properties.

B2Gold’s beats first quarter production targets

Consolidated gold production was 230,859 ounces, 6% (12,704) ounces above budget.

Venezuela unrest may hurt Crystallex bid to reclaim $1.2B

Confusion over who’s in charge in Venezuela may keep Crystallex International Inc. from collecting a $1.2B arbitration award.

Copper Fox updates exploration at Schaft Creek JV

The property is a potential producer of copper, gold and molybdenum.

Moroccan miner Managem considering raising $200m in bond sales

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.

Five-month strike at Sibanye-Stillwater mines ends with deal

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.

Trump's former interior secretary joins board of gold miner

Zinke left his post in January amid several federal investigations into his travel, political activity and potential conflicts of interest.

Aztec identifies 11 porphyry targets at Cervantes

The company intends to complete detailed mapping, rock and soil sampling and possibly IP geophysics to confirm possible drill targets.

Mega-mergers will bring short-lived glory if miners ignore innovation — opinion

Market signals are already showing troubling signs of this shift in the sector.

Kinross Gold restructures leadership team

The company is streamlining its senior leadership team.

New Gold gets green light for $1.8B Blackwater project in BC

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. 

Global gold production to hit fresh record in 2019

New report "debunks commentary calling for peak gold."

How central bank gold buying is undermining the dollar

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.

Hecla Mining’s water permit for Montana mine revoked

Licence would have allowed Hecla to pump groundwater to supply the proposed copper and silver mine beneath a Montana wilderness area.

Anti-mining activists in South Africa face harassment, death — report

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.

Waterton takes Hudbay Minerals to court

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.

Lundin Mining grabs Brazilian mine from Yamana in $1B deal

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.

Newmont-Goldcorp $10B merger to close this week

Deal creates the world’s largest gold producer by market value, output and reserves.