Drilling results from the Esuajah Gap deposit at its Edikan gold operation show a “significant” mineralized granite that could extend the life of the mine past the six years it has left.
Gold Mining News
Toronto-based Nighthawk Gold completed almost 16,000 metres of drilling this summer at its Colomac gold project 220 km northwest of Yellowknife in the Indin Lake greenstone belt.
The Rackla property hosts the only known Carlin-style gold deposit in Canada.
Potentially large gold bearing intrusive system not previous known at 3 Aces is entirely in felsic dikes and appears to be significantly younger than the orogenic mineralization.
Superior Gold has found more than 50 grams of gold in six intersections and more than 20 grams in 15 intersections.
The bill proposes a gradual reduction in taxes on businesses to 30% by 2022 as well as a new sales tax refund of 19% for capital goods such as machinery.
The Mercenary Geologist Mickey Fulp discusses with Maurice Jackson of Proven and Probable how peak oil could inform investment in gold miners.
The agreement we reached with the other unions is fair and final and considers the current challenges facing our gold operations - Neal Froneman, Sibanye Stillwater
We have made a decision that there is viability in mining by making sure we don't kill the goose that lays the golden egg - John Mangudya, Central bank governor
The company said the expansion of the New Princeton Gold discovery area made sense following a recent gold discovery from the bedrock trenching.
The Hassan Rouhani government is kickstarting a program for the revitalization, activation, and development of the country’s artisanal mines.
Raiding a little more than half of the $95 billion foreign-currency and gold revaluation account would force the RBI to sell an identical proportion of the related assets, or $190 billion. That would trigger a “cataclysmic deflationary shock” for the economy.
Earlier this year, Yamana announced a hike in its exploration budget to $11.2 million from the previous $9 million.
The giant also said it wants "more exposure" in Canada.
The mine is expected to produce an average of 62,000 ounces of gold a year over a seven-year mine life .
A Nevada gold project, once fast-tracked to production, is the focus of additional exploration.
Q3 which proved challenging for miners as lower gold prices cut deeply into cash flows and profits, and production-growth struggles persisted.
It is expected that companies may choose to use the updated guidance starting January 1, 2019.
White Metal is expanding its gold property located in the Botwood Basin.
The Melbourne-based miner is interested in the Highland gold/silver project, located within the Walker Lane Gold trend.
Gold Fields is having to sneak maintenance teams into its South Deep mine in South Africa after protesters shot at vehicles trying to enter the site, where workers have been on strike since Nov. 2.
Dealers in India were charging a premium for the first time since early September -- of up to $3 an ounce over official domestic prices this week.
The nine mines, six of which are nickel operations, have been shut since 2017 as part of an environmental crackdown on the sector.
The company has now upgraded 90% of its Kari Pump resource to the indicated category.
The 18.3 million shares represent approximately 10% of Sandstorm’s current shares outstanding.