Reaching agreements with residents near the project is expected to take about a year, followed by three to build the mine, which will begin operations by 2022.
Gold Mining News
After six months of lobbying, companies including Glencore and Randgold Resources have got nowhere in their battle to push back against a new mining law that voids existing agreements and increases their costs.
Prime Minister said he would submit tom parliament his own 'proposals' over a settlement reached last year, which would end long-dragged disputes between the company and the country over Kumtor gold mine.
The summer exploration campaign will focus on the Lasalle property.
Seabridge has staked an additional 277 claims totaling 5,540 acres that are contiguous to the purchased claims.
Search for the fifth miner continues.
The two separate decrees aim at making the local industry more competitive and sustainable, while while implementing rules on the collection of higher mining royalties.
Vancouver miners will add 10% more employees in the third quarter of 2018.
Project is expected to extend Fort Knox mine life to 2030 and generate 17% internal rate of return (IRR) at a low capital cost.
Massawa was discovered by Randgold in 2007 and is one of the larger undeveloped gold deposits in West Africa.
Continuing focus on our Segovia Operations is driving our production growth and we are trending toward a total of 200,000 ounces of gold for 2018.
Canaccord, BMO and Patersons.
The labor group calls for an increase in benefits ranging from severance pay to transport costs and longer maternity leave.
Amendment to an energy and water act expediting the cleanup of abandoned uranium mines must first be approved by the Senate.
CITIC Metal will own 20% of the Canadian miner, which makes its biggest shareholder.
The fully automated underground section of the mine is scheduled for commissioning in late 2018.
Researchers at the University of Notre Dame invented a new class of molecules whose shape and size enable them to capture and contain precious metal ions.
A dam filled with liquid waste collapsed last Monday at Rio's Cieneguita mine in Chihuahua.
Gold’s summer-doldrums lull marks the best time of the year seasonally to deploy capital, to buy low at a time when few others are willing.
Benchmark spot gold prices have moved since last Friday's close, with the spread between its highs and lows the narrowest of any week since August 2007.
Moscow company's update on Sukhoi Log project envisages annual production of 1.6 million ounces for 35 years at less than $500 per ounce.
ScotiaMocatta is curtailing lending to the physical metals supply chain and would refocus on major corporate clients.
Michel Temer is expected to issue a decree next week introducing key changes to mining rules that date back to the 1960s.
Sibanye has faced strong criticism from unions, local media and the government after the earthquake at its Driefontein gold mine that killed the miners.
The companies are committed to explore for mineral deposits first in the Asian country and then the rest of the world .