Gold Mining News

How to survive mining slump? One gold company is turning to hemp

The company, which is based in Toronto, sees “tremendous growth potential lying ahead.”

Monarch Gold sells Pandora NSR to Agnico Eagle

Since drilling began in in 2018, Monarch has expanded the deposit and confirmed its high-grade potential.

West Africa — an emerging gold exploration investment hotspot

Data shows West Africa has the biggest growth rate in the yellow metal’s resources in the world.

Russia is stocking up on gold as Putin ditches U.S. dollars

Within the span of a decade, the country quadrupled its bullion reserves, and 2018 marked the most ambitious year yet.

Polish looking for ‘Nazi Gold Train” finds another kind of treasure

Piotr Koper, who spent years hunting for the elusive train rumoured to be laden with gold and gems, has found two dozen priceless Renaissance portraits.

Greenstone’s Hardrock project approved by environmental ministry

The project has probable open pit reserves of 141.7 million tonnes grading 1.02 g/t gold for 4.6 million contained oz.

Appointment notices: Kirkland Lake Gold, Nemaska Lithium, and Skeena Resources

Kirkland Lake Gold chairman Eric Sprott has announced his retirement, effective after the annual meeting on May 7.

Golden Star boosts Ghana gold resources despite depletion

The company has increased its overall reserves by 6%, net of mining depletion.

K92 Mining reports early result from Blue Lake prospect in Papua New Guinea

The company has intersected 175 metres of 0.28 g/t gold at its Blue Lake porphyry prospect in Papua New Guinea.

Struggling small miners may lead to bigger industry woes

Small miners are finding it increasingly difficult to raise capital to fund new ventures despite the positive demand outlook for several commodities.

South African mining charter challenge dents Ramaphosa plans

South African mining companies are challenging parts of a government charter aimed at redistributing the country’s mineral wealth, saying it will deter new investment in the industry.

Australia launches Critical Minerals Strategy 2019 focused on innovation and tech

The plan puts emphasis on emphasis on agritech, aerospace, defense, renewable energy and telecommunications.

Walker River and Smooth Rock to join forces in Nevada gold-copper project

The companies want to enter into an exploration agreement with an option to form a joint venture on the Garfield Flats project.

AngloGold approves underground expansion of Tropicana mine

Work is scheduled to begin in the June quarter, with first gold expected in the second half of 2020.

Rubicon boosts measured and indicated resources at Phoenix by 110%

The company has started a preliminary economic assessment which it expects to complete by year-end.

First Mining improves indicated resource at Goldlund

The company has added 248,700 oz. gold to its indicated resource but lost 628,400 oz. gold from its inferred resource.

Golden Predator consolidates holdings in 3 Aces district

Golden Predator has agreed to purchase 100% of the Reef gold property from Precipitate Gold.

Iamgold reports new discovery at Côté project

Iamgold and JV partner Sumitomo Metal Mining Co. have discovered a new gold zone at their Côté project.

Bell tolls for gold mine that once powered South African economy

Sibanye Gold Ltd. has decided that it won’t extend the life of Driefontein, once the biggest mine on the continent.

Newmont readies leadership team post-merger with Goldcorp

Newmont's $10-billion acquisition of Canada’s Goldcorp is expected to close in the second quarter of the year.

African mining firms seek charter changes over past black ownership deals

Companies have requested a judicial review of South Africa's 2018 mining charter to change clauses related to transactions made in the past to increase black ownership.

South Africa's Sibanye-Stillwater will consider changing primary listing

The precious metals producer is looking into opportunities in gold and the battery metals sectors.

UNEP, ethical investors join miners' quest for global tailings rules

Currently there are no set of universal rules defining exactly what a tailings dam is, how to build one and how to care for it after it is decommissioned.

Extension of environmental certificate approved for Canada's largest undeveloped gold project

The KSM project has been described as one of the largest undeveloped gold projects in the world, measured by reserves.

Margaux executes definitive agreement to acquire Cassiar gold project in BC

The deal with Wildsky Resources was first announced two months ago.