Gold Mining News

More than a third of gold mines in Congo exposed to Ebola — report

In its current form, the epidemic won’t impact the nation’s cobalt production, as the vast distance from the Katanga region largely prevents its spread, says global risk consultancy Verisk Maplecroft.

B2Gold to invest $50 million in Fekola mine expansion

It could take the Malian mine gold output to 7.5-million tonnes a year from the current 6-million tonnes.

Newmont's Goldcorp deal wins support of Paulson, VanEck, ISS

After promising to sweeten the pot with the largest dividend in 32 years, Newmont has won over two of its biggest investors to the merits of a $10B merger with Goldcorp.

Skeena begins metallurgical optimization and PEA at former Eskay Creek mine

The PEA is scheduled for completion in Q3 2019.

Barkerville Gold hits high grades at Cariboo project

The results have also expanded mineralization by 175 metres at Island Mountain.

Troilus Gold finds new zone open at Quebec mine

The gold-rich area is about 30 metres from surface and open at depth.

RNC enters A$50m purchase option for Westgold’s Higginsville

RNHigginsville contains 5.9 million proven and probable tonnes grading 1.92 grams gold per tonne for 367,000 oz. gold.

Gold Standard Ventures hits thick intervals of oxide gold at Dark Star in Nevada

Gold Standard has completed all 70 RC holes (10,503 metres) in its 2019 Phase I drill program.

The mining industry has had it easy for far too long — opinion

Industry and congressional opposition to altering the mining law have combined to make it maddeningly difficult to reform. This may be changing.

Argentina mining gets Macri boost as tough election looms

Argentina is eyeing its first major new mining project in two decades, nudged forward by President Mauricio Macri’s market-oriented policies.

EPA chief recused from Bristol Bay mine his former law firm represented

EPA Administrator Andrew Wheeler has promised to steer clear of matters involving the controversial Pebble Mine, which his former employer Faegre Baker Daniels LLP had represented.

Pancontinental acquires battery and energy metals project in Ontario

The company says the acquisition of the St. Laurent project supports its strategy of exploring for battery and energy metals.

Galantas to increase gold processing at its Northern Ireland mine

The miner is targeting production of 2,000 to 2,500 troy ounces of gold concentrate per month.

Amarillo reinterprets Posse with new resource model

The updated resource model spans three contiguous zones and includes a higher grade core that the company could access early in a potential mine’s life.

BCI opposes Goldcorp’s $12m retirement bonus for Ian Telfer

British Columbia Investment Management Corporation will vote against the proposed merger of Goldcorp and Newmont due to Goldcorp’s decision to award its chairman a $12m retirement allowance.

Wallbridge cuts more mineralization at new Area 51 discovery

The first hole of Wallbridge Mining’s 2019 surface drill program has intersected six instances of visible gold.

Atlantic Gold finds more ounces, more life in MRC reserves

Contained gold is up 27% and the life of the project has been extended to more than 10 years.

Caledonia Mining to expand gold exposure in Zimbabwe

The company is sufficiently confident Zimbabwe will recover from its problems to re-invest on a modest scale.

Newmont offers special dividend if Goldcorp takeover approved

The one-time special dividend, worth $470 million, will be given to Newmont's shareholders only if its friendly takeover of Canada’s Goldcorp is approved.

Buyer of Newmont Lake property must have funds to support exploration program: Romios

Crystal Lake Mining is supposedly undertaking a private placement financing to fund the exploration program.

OceanaGold walks away from exploration projects in Argentina

Two years, $4.5 million later, the Australian miner concluded results to date don't meet its expectations.

Argo confirms historic grades at Woco in Ontario

Three holes cut 132 grams gold per tonne over 1.8 metres from 87 metres downhole.

VanEck shares Paulson's concerns on Newmont-Goldcorp merger

Mounting investor concerns sent Goldcorp shares tumbling in New York.

30 countries face higher resource nationalism risk — report

On the upside, the RNI report shows that 24 nations have seen improvements in their index performance.

Mali forecasts gold production to drop 3 pct in 2019 — mines ministry

AngloGold Ashanti's joint venture Sadiola mine expects its gold output to drop by 50% this year.