Gold Mining News

Gold-backed ETFs up on stock volatility in November

Gold-backed ETFs registered inflows in all the world's major regions in November, as volatile stock markets fueled flight-to-safety buying.

Barrick announces North America leadership changes

Michael Brown, currently President, Barrick U.S.A., will be retiring from the Company on December 31, 2018.

Losing licence to operate new and biggest threat to miners — EY

Mining companies across the globe now consider the risk of losing their licence to operate as the biggest risk to their businesses in the next two years

McEwen Mining making plans $20m exploration on Timmins properties

The company will offer approximately 6.0 million flow-through shares priced at $3.02 each.

Newmont says 2019 gold production at mid-point of previous outlook

The Colorado-based miner sees 2019 output at 5.2 million ounces of gold, from an earlier forecast range of 4.9 million ounces to 5.4 million ounces.

South Arturo JV to expand production in late 2019

Premier Gold Mines of Thunder Bay, Ont., has provided an update on development at the South Arturo joint venture in the Carlin Trend.

Wesdome extends Eagle River zone 7 at depth

Drifting and drilling the 7 zone at the Eagle River mine has resulted in longer than average strike lengths and extended the zone at depth.

Vancouver miner allowed to explore gold property in Manitoba – with conditions

Alto Ventures' exploration permit was issued with a requirement that a heritage resource impact assessment is completed before work begins.

Barrick selling research and development firm AuTec

Incoming CEO Mark Bristow has announced his intention to offload non-core assets and research and development company AuTec is one of them.

Candelaria becomes sole owner of the Pinos gold project in Mexico

The project is located in Zacatecas, Mexico's second largest gold producing state.

Atlantic offers resource extension drill results for three projects

Atlantic Gold Corp. has updated the results for its most recent resource extension drilling at its three gold projects near Halifax.

Victoria Gold boosts Eagle’s ounces and grade in Yukon

The Eagle project, where construction is 60% complete, is part of Victoria Gold’s 100%-owned Dublin Gulch gold property, about 375 km north of Whitehorse.

Troilus Gold builds strategic land position in Quebec

Troilus acquired the new land it is calling Troilus North from Emgold Mining Corp. for 3.75 million of its common shares and $250,000 in cash.

Paulson wins support for replacing only 3 Detour Gold directors

For substantive change to take hold at the company, long-term directors who have presided over value destruction and overseen technical failures of prior mine plans need to be replaced.

Palladium outshines gold for first time in 16 years

Parity with gold is fundamentally justified the market has been in sustained deficit and the effects of that are being borne out,” said Marcus Garvey, analyst at ICBC Standard bank

Altamira expands land position in Brazil

The Vancouver-based miner submitted an application to expand to 300,000 hectares its land position at the Firminho project.

Brazil launches new mining agency days before Temer steps down

Changes to Brazil’s 50-year-old mining regulations also came in effect Wednesday and include measures that make the country’s industry more competitive and sustainable.

Drill results from Spanish Mountain cut more good grades in pit area

The selective program targeted the high grade, near surface first zone, and the results did not disappoint.

Taseko to buy out Yellowhead Mining

Yellowhead is the owner of the Harper Creek copper-gold-silver project about 90 km from Kamloops, British Columbia.

Miramont gets green light to start drilling at Peruvian project

The Vancouver-based miner anticipates drilling to begin early in the New Year.

DRDGOLD begins first phase of Far West tailings project

The South African miner is kicking off this week its Far West gold recoveries project in Gauteng with the pumping of reclaimed tailings into the carbon-in-leach circuit, just four months into construction of the first phase.

Klondike Gold reports results from drilling campaign at Yukon project

The results have prompted a plan to continue exploration to affirm multiple local sources of bedrock gold mineralization.

MGX Minerals reports high grade gold discovery at Fran Gold Project, British Columbia

MGX Minerals is a diversified Canadian resource and technology company with interests in global advanced material, energy and water assets.

Trade truce lights fire under mining stocks

Relief that an escalation in the trade war between the US and China has been avoided – at least for now – sparked a huge rally in mining stocks on Monday.

Monarques tables feasibility study for Wasamac

The study concludes that the underground mine will produce an annual average of 142,000 oz. of gold over a life of 11 years.