Gold Mining News

Hudbay completes acquisition of Mason Resources

The deal closed for C$31 million.

Seabridge on trail of large sulphide-bearing intrusion at Iskut

All indications point toward a large copper-gold porphyry system.

Nigeria's first gold refinery plans to triple capacity in five years

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.

As global equities take a hit, gold miners are doing fine

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 odd couple plots to save $100B gold mining business

“This is now Mark Bristow’s company and I think John knows that.”

Indonesia's Inalum expects to finalise Freeport deal this week – CEO

Inalum was proposing to sell a 10% stake in PT Freeport Indonesia to Papua for $819 million.

Pacific Empire expands copper-gold interests in British Columbia

The Vancouver-based miner consolidated a land position of over 90 square kilometres in the Babine copper-gold porphyry district in central British Columbia.

Jiulian Resources gets permit to drill BC's Big Kidd property

The Kelowna-based miner plans to establish up to 60 drill sites and four kilometres of exploration trail near Merritt.

Pretium’s Brucejack to expand to 3,800 t/d

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.

Eleanore South JV continues to yield strong grades

The property is adjacent to Goldcorp’s Eleonore gold project in the James Bay region.

Mawson progresses Rajapalot with maiden resource

Mawson Resources says that its Rajapalot gold-cobalt project in Finland has plenty of room for expansion.

Canada Cobalt makes new find east of Castle mine

The drill program east of the mine is targeted at high grade gold zones associated with a previously undiscovered major fault structure.

Avino hits 29.5 g/t in 27 vein extension at Bralorne mine

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.

Randgold to cease trading as merger with Barrick gets final approval

The planned merger, which creates the world's top gold miner by value and output, has been approved by the Royal Court of Jersey.

Only 13% of board members in the mining industry are women: Bedford

When it came to analyzing named executive officers in mining firms, only 8% were women.

Nighthawk explores regions near Colomac in NWT

“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.

The security risks of mining in Latin America

Americas Market Intelligence says companies need to do their due diligence.

OceanaGold allowed to resume activities at New Zealand’s Martha pit

The Martha pit was shut down in 2015 when a major slip and a rockfall affected the area.

Gold-stock triple breakout

Gold stocks are an exceptionally-volatile sector not for the faint of heart.

Wheaton resolves tax dispute with Canada Revenue Agency, shares surge 14%

The reassessments were related to income generated by Wheaton’s wholly-owned foreign subsidiaries operating outside of Canada.

Vancouver’s Falcon Gold searches for gold, silver and copper in Argentina

The company completed its 2018 exploration program on the Esperanza Resources mineral concessions.

Hardrock gold project greenlighted by Canada’s Environment Minister

Catherine McKenna said that if mitigation measures are taken, Greenstone Gold Mines’ project is not likely to cause significant adverse environmental effects.

Asia Gold-High prices leave demand in the doldrums ahead of holidays

If prices come down, we might see some buying because both the new year and the Chinese new year are coming up.

Nigeria's first gold refinery scheduled to be ready next year

The refinery will initially be able to produce 3 metric tons of gold each month, and 1 ton of silver.

Imperial Metals hires BMO to speed up restructuring — sources

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.