Gold Mining News

Tudor to drill 14,000 metres at Treaty Creek gold project

According to the Vancouver-based company, gold mineralization at the drilling target remains open in all directions.

Hudbay Minerals settles board battle with shareholder Waterton

Canadian miner will elect 11 nominees of Waterton Global Resource Management, its second largest shareholder, as part of the settlement that ends a long-dragged out battle over control of Hudbay.

RANKED: Top 10 lowest cost gold mines on the globe

Barrick's South Arturo loses top spot, two other Barrick mines dropped from top 10 ranking.

Struggling junior miners woo investors to fund exploration projects

The proliferation of index funds, sluggish gold price growth and a shift into cannabis and cryptocurrencies by risk investors has left junior miners short of funding.

TMAC enjoys first positive earnings in Q1

Quarterly revenue was C$67.9m compared to C$33million in the same quarter a year earlier.

Kirkland Lake drills more bonanza grades at Macassa

Drilling east of the South Mine Complex has returned 118.8 g/t gold over a 2 metre core length.

Gold demand up 7% in Q1, boosted by central banks, India

Continued gold buying from central banks and the wedding season in India helped to boost gold demand in Q1.

Ivanhoe appoints former Kinross CFO Giardini president, CEO to retire

Ivanhoe Mines has appointed former Kinross CFO Tony Giardini as its new president.

Bonterra to triple capacity of Urban-Barry mill

Capacity will be tripled to 2,400 t/d from 800 t/d.

Northern Shield finds second epithermal system at Shot Rock

The company can earn up to an 80% interest in the property.

Gold Fields acquires 16% stake in Chakana Copper

One of the largest gold mining companies in the world has taken a shine to Chakana Copper and its Soledad project in Peru.

Iamgold CEO expects more buyout deals in gold industry

The industry's buyout frenzy was sparked earlier this year when Barrick Gold Corp and Newmont bought Randgold Resources and Goldcorp, respectively.

GoldON interested in Great Bear’s West Madsen gold project in Ontario

The Victoria-based company announced it wants to earn an initial 60% interest and a subsequent 100% interest in the West Madsen gold property.

Ridgestone Mining finds two types of mineralization at Mexican gold-copper project

Rebeico sits on Mexico’s famed Sierra Madre Gold belt, credited with production of over 80 million ounces of gold and over 4.5 billion ounces of silver.

Minera Alamos attracts new coverage

Haywood Securities has initiated coverage of Minera Alamos with a buy rating and 12-month target price of C$0.40 per share.

Rockridge hits high grades at Knife Lake

The Knife Lake property was extensively explored from the late 1960s to the 1990s, with the last documented work program completed in 2001.

Anaconda Mining cuts 12.76 g/t over 6 metres at Argyle

The Argyle deposit has indicated resources of 543,000 tonnes grading 2.19 g/t gold for 38,300 oz.

Why US dollar strength is long-term catalyst for gold

The standard inverse relationship between gold and the US dollar has not been a perfect one in recent months or years.

Environmental group alleges Northern Dynasty misled investors about Pebble project

A flood of stock promotion newsletters began recommending Northern Dynasty, one describing it as "Trump’s Gold."

Societe Generale resigns as London gold and silver market maker

SocGen said this month it would cut 1,600 jobs to boost profits after poor performance last year and exit over-the-counter commodities trading.

Guyana Goldfields CEO to go as miner settles proxy fight with founder

Scott Caldwell has agreed to stay as president and CEO of the Canadian gold miner while the search is underway.

Tower Resources starts exploration program at Nechako gold project in BC

The Vancouver-based miner said the Nechako Au-Ag-Zn-Pb-As dispersal train is similar in size and strength to known trains from some of Canada's largest gold deposits.

Australia's Newcrest Mining posts 8% rise in Q3 gold output

Total gold production for the three months ended March 31 came in at 623,124 ounces compared with 575,791 ounces a year ago.

Premier Gold shares jump on high-grade discovery in Nevada

Shares of Premier Gold Mines went up 7% at Monday's market open on news of a high-grade discovery at the McCoy-Cove project in Nevada.

Russia’s Nordgold injects another $70m into Guinea mine

Funds allowed Norgold to both extend Lefa mine’s life and improve efficiencies at the operation.