Recent drill highlights include 48.5 metres grading 2.69 grams gold from 60 metres downhole and 42.5 metres grading 2.55 grams gold from 31 metres downhole.
Gold Mining News
Ivory Coast, is seeking to diversify revenues by increasing gold output from 25 tonnes last year to 50 tonnes between 2020 and 2025.
The Vancouver-based miner has to spend $8 million in qualifying expenditures and complete a preliminary economic assessment.
The discovery came as a fluke.
Gold mining is one of the main sources of foreign currency in the impoverished country, and most of it is done using traditional methods, often with few safety measures.
Looking ahead, he continued, the company is executing three projects that will be completed before the end of 2019.
Sentiment in gold is shrinking and if the price doesn't change demand will decline
As soon as 2019 kicks off, the Canadian miner wants to start mapping and sampling the Gold Chain project.
Nicaragua’s Ministry of Energy and Mines granted the company the Las Cruces concession, expanding its La India project package by 45% to 455.6 km2.
The area the Vancouver-based miner is drilling is located some 10 kilometres from the past producing Hammerdown gold mine.
Gold-backed ETFs registered inflows in all the world's major regions in November, as volatile stock markets fueled flight-to-safety buying.
Michael Brown, currently President, Barrick U.S.A., will be retiring from the Company on December 31, 2018.
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
The company will offer approximately 6.0 million flow-through shares priced at $3.02 each.
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.
Premier Gold Mines of Thunder Bay, Ont., has provided an update on development at the South Arturo joint venture in the Carlin Trend.
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.
Alto Ventures' exploration permit was issued with a requirement that a heritage resource impact assessment is completed before work begins.
Incoming CEO Mark Bristow has announced his intention to offload non-core assets and research and development company AuTec is one of them.
The project is located in Zacatecas, Mexico's second largest gold producing state.
Atlantic Gold Corp. has updated the results for its most recent resource extension drilling at its three gold projects near Halifax.
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 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.
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.
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