Gold Mining News

Alacer tables resource for Ardich in Turkey

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.

Ivory Coast aims to double gold output by 2025

Ivory Coast, is seeking to diversify revenues by increasing gold output from 25 tonnes last year to 50 tonnes between 2020 and 2025.

Fortuna Silver exercises right to acquire majority stake in Mexican silver project

The Vancouver-based miner has to spend $8 million in qualifying expenditures and complete a preliminary economic assessment.

Melting gold at room temperature is a thing now

The discovery came as a fluke.

Three Sudanese miners dead, 10 trapped in collapsed gold mine – company

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.

Newmont updates gold and copper outlook for 2019 and 2020

Looking ahead, he continued, the company is executing three projects that will be completed before the end of 2019.

Asia Gold-India's gold demand loses steam due to high prices

Sentiment in gold is shrinking and if the price doesn't change demand will decline

Aura Resources optimistic about Arizona gold project

As soon as 2019 kicks off, the Canadian miner wants to start mapping and sampling the Gold Chain project.

Condor Gold shares jump on Nicaragua concession licence

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.

Maritime Resources starts drilling in Newfoundland and Labrador

The area the Vancouver-based miner is drilling is located some 10 kilometres from the past producing Hammerdown gold mine.

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