The deal closed for C$31 million.
Gold Mining News
All indications point toward a large copper-gold porphyry system.
Most ore will be sourced locally from various locations including the northwestern states of Zamfara, Kebbi and Kaduna, as well as the central states of Kwara and Niger.
Until now, gold has played second fiddle to the U.S. currency as investors have sought a safe haven in the face of trade war uncertainty now, we see gold’s appeal firming.
“This is now Mark Bristow’s company and I think John knows that.”
Inalum was proposing to sell a 10% stake in PT Freeport Indonesia to Papua for $819 million.
The Vancouver-based miner consolidated a land position of over 90 square kilometres in the Babine copper-gold porphyry district in central British Columbia.
The Kelowna-based miner plans to establish up to 60 drill sites and four kilometres of exploration trail near Merritt.
The permits were issued by the B.C. Ministry of Energy, Mines and Petroleum Resources and the B.C. Ministry of Environment and Climate Change Strategy.
The property is adjacent to Goldcorp’s Eleonore gold project in the James Bay region.
Mawson Resources says that its Rajapalot gold-cobalt project in Finland has plenty of room for expansion.
The drill program east of the mine is targeted at high grade gold zones associated with a previously undiscovered major fault structure.
Avino Silver and Gold Mines is very pleased with the initial assay results from the drilling of the 27 vein extension target at the Bralorne mine.
The planned merger, which creates the world's top gold miner by value and output, has been approved by the Royal Court of Jersey.
When it came to analyzing named executive officers in mining firms, only 8% were women.
“This past year a little over half of our drill metres were outside Colomac on our larger land package,” Michael Byron, Nighthawk’s president and CEO, said.
Americas Market Intelligence says companies need to do their due diligence.
The Martha pit was shut down in 2015 when a major slip and a rockfall affected the area.
Gold stocks are an exceptionally-volatile sector not for the faint of heart.
The reassessments were related to income generated by Wheaton’s wholly-owned foreign subsidiaries operating outside of Canada.
The company completed its 2018 exploration program on the Esperanza Resources mineral concessions.
Catherine McKenna said that if mitigation measures are taken, Greenstone Gold Mines’ project is not likely to cause significant adverse environmental effects.
If prices come down, we might see some buying because both the new year and the Chinese new year are coming up.
The refinery will initially be able to produce 3 metric tons of gold each month, and 1 ton of silver.
The company produces copper and gold at its Red Chris, Mount Polley and Huckleberry mines and lead and zinc at half-owned Ruddock Creek mine, all in British Columbia.