The company has found that the project’s mineralized zone thickens and grades increase north of the main resource.
Gold Mining News
SOFAZ held 50.95 tonnes of gold worth $2.1 billion at the end of 2018.
Anglo American has obtained hundreds of permits to explore in the Brazilian states of Mato Grosso and Para.
Tanzania has banned shipments of mineral concentrates and slapped Acacia Mining Plc with a $190 billion tax bill.
The debate is over whether the world’s largest gold miner will remain a Canadian company.
The company's new boss Mark Bristow beleives that Chile is a “great” destination for miners, despite Barrick’s difficulties advancing the massive Pascua-Lama project.
The applications cover a total area of 1,757 square kilometres and are located within the western Chocó department.
Its Brucejack underground mine in British Columbia generated 376,000 ounces of gold last year, or 97% of the expected production.
The Vancouver-based miner said that the goal behind the proposed acquisition is to create a prominent BC gold exploration/development company.
The company's gold output in 2018 will be lower than forecast as almost half of the employees stopped working since mid-November in a wage strike.
Barrick’s Acacia Mining has been hit with a 300-million Tanzanian shillings fine (about $129,144) over allegations of environmental breaches at its North Mara mine.
Channel sampling at the Behold zone late last year returned assays as high as 8.6 g/t gold over 0.30 metre and 5.42 g/t over 0.67 metre.
Surge will continue to hold its interest in its cobalt projects in both Chile and Ontario, and its lithium brine project in Chile.
Tanzanian President Magufuli said the central bank should start buying the country's gold to curb smuggling and build reserves to stabilise the currency.
The latest results from a phase three infill drill program come from two of 13 new infill holes at the Area 51 zone of the project’s Babicanora vein.
The Canadian junior expects to mine 230,000 to 265,000 gold ounces this year from both Aurizona mine in Brazil and its recently acquired Mesquite gold operation in California.
There is a porphyry copper-molybdenum-gold system at the Espiritu SMR property.
The company produced 472,418 ounces of gold at its Egypt-based Sukari mine last year, compared to 544,658 ounces in 2017, due to disruptions and lower grades at the operation.
Concentrate shipments from Indonesia's Grasberg mine, will drop because of a lag in output while operations shift from open pit to underground mining.
Tahoe shareholders also approved the arrangement.
The company believes the anomaly represents a deeper feeder source to the gold zone it just drilled.
A prolonged spat between the government and gold producer Acacia over a $190 billion tax bill has severely limited the company's operations in the East African nation.
Overseas purchases fell to 762 metric tons in 2018, a 20 percent slump from the previous year.
In December alone, gold-backed ETFs globally rose 3 percent, adding 76 tonnes worth $3.1 billion.
Defiance Silver Corp and ValOro Resources completed a friendly merger.