Gold Mining News

Alacer releases updated PFS for Turkey project

The PFS outlines a mine life of 11 years and total recovered metals of 345,000 ounces of gold, 8 million ounces of silver, 254 million pounds of copper and 626 million pounds of zinc.

Anaconda preps for feasibility at Goldboro

The company will table an updated resource estimate for Goldboro by 2019’s third quarter.

Goldcorp shareholders approve Newmont's $10B takeover offer

The deal also will be voted on by Newmont shareholders next Thursday. If approved, the deal is expected to close by June.

Two injured, two others missing after mudslide at Freeport's Grasberg mine

Mining operation is running normally despite the incident, says the company.

How countries are getting tougher with mining companies

A mix of political populism, higher commodity prices and the expectation electrification will spur demand for raw materials has led governments to change the rules for miners operating in their countries.

Newcrest to fund broad gold exploration in Western Australia

Australia’s largest gold producer has been searching for juniors with appealing assets in Western Australia's Paterson region to jointly develop them.

Premier to acquire polymetallic property in Mexico

The San Felipe property is located 55 kilometres from the company's Mercedes mine in Sonora.

GFG Resources discovers new gold zone at Pen project

The new find was made at the Crawford target, with drill intercepts of 21.26 g/t gold over 1.7 metres.

Plans for logging, mining near British Columbia parks spark concern

Cross-border concerns about mineral exploration and logging in British Columbia's Skagit River watershed may put a long-simmering campaign to close a hole in the middle of two provincial parks back on the front burner.

Controlling shareholder of Russia's Polyus selling a 3.5% stake via ABB

The controlling shareholder is Polyus Gold International Ltd (PGIL), owned by Said Kerimov, son of Russian tycoon Suleiman Kerimov.

Gold bugs with 'FOMO' ditch largest ETF to get in on stock rally

Investors are yanking money out of gold exchange-traded funds as hints of improving global growth and surging stocks lure them into riskier assets.

Saudi Arabia's gold miner plans to be a global top-20 supplier

Saudi Arabian Mining Co. plans to boost gold output from about 415,000 ounces this year to one million by 2025.

Collegiate Mining Competition remembers fallen miners

Virginia City, where the competition was held, hosts the largest strike in the world.

Barrick upbeat about new DRC president’s stance on mining, investment

The company said Felix Tshisekedi had confirmed his intention of working with miners to keep growing the Central African nation’s gold sector.

ISIS claims kidnapping and killing Canadian geologist in Burkina Faso

In the he latest issue of propaganda newsletter Al-Naba, ISIS took responsibility for the abduction and murder of Halifax, Nova Scotia-based Kirk Woodman.

Kirkland Lake files updated Macassa 43-101 report

Inferred resources total 610,000 tonnes averaging 16.7 g/t gold for 328,000 contained oz. of gold.

Casa Berardi reserves up 28% for Hecla

Hecla estimates the Casa Berardi reserves contain 1.9 million oz. of gold.

Sable expands Margarita with best intercept to date

The company is targeting the project’s Margarita Vein, where it recently drilled the project’s best intercept to date.

Wesdome discovers new Falcon zone at Eagle River mine

Surface exploration drilling returned 73.5 grams gold over 1.3 metres starting from 209 metres downhole and 18.5 grams gold over 5.8 metres from 170 metres downhole.

Eldorado Gold announces resumption of crushing and stacking at Kisladag

Further testwork is underway, the results of which are expected to be available in late 2019 or early 2020.

IBM and Sandvik launch solution that tracks mining equipment performance

The companies say that their OptiMine Analytics technology is particularly useful when it comes to dealing with failing equipment and regular maintenance.

Royal Canadian Mint releases three new bullion coins

The pieces include double-incuse Gold and Silver Maple Leaf bullion coins and its newest "Call of the Wild" bullion coin, which features a moose.

Cannabis mania mows down Canada’s junior mining sector

There is enough evidence to conclude that risk capital has found a new home, a BDO report shows. The question now is, how and where will junior miners find the capital needed to sustain their businesses?

Alamos Gold sells royalty portfolio to Metalla for $8m

Alamos will sell a portfolio of 18 royalties to Metalla Royalty and Streaming for $8 million in Metalla shares. Following the transaction, Alamos will own 6.26% of Metalla.

Commodities' best quarter since 2016 is tough act to follow

Commodities had their best quarter in almost three years, but demand outlook is running into troubling signs in the U.S. and China, the two biggest consumers.