Pandemic drives gold price to record levels in Q2, Refinitiv says
Refinitiv forecasts gold will average $1,715 per oz. this year.
Canadian Mining Journal Staff
Posts by Canadian Mining Journal Staff:
Nomad to acquire royalty on Troilus gold project
Company has entered into a royalty purchase agreement with a private vendor to acquire a 1% net smelter return royalty on a portion of gold project in Quebec.
KORE advances drilling at FG; closes first financing tranche
KORE Mining has released assay results for six holes completed at its FG Gold project in the Cariboo region in British Columbia.
Metallic starts drilling at Keno Silver in Yukon
In the first phase of the program, a reverse circulation rig will test multi-kilometre anomalies discovered last year at the East Keno area.
MINING PEOPLE: Benz Mining, Equinox Gold, Far Resources, Fiore, Marimaca Copper, Meridian, Orosur
Key moves in the mining industry.
Marathon hits 120 metres of 3.33 g/t gold at Valentine
Midday Wednesday, Marathon’s stock was up 7.7% on the TSX.
Pure Gold receives amended air and noise permit ahead of Q4 production
Company has received permit for its mine in Red Lake, Ontario, which features a processing production limit of up to 1,089 tonnes per day.
Skeena tables maiden resource for Snip project
The resource includes 539,000 indicated tonnes grading 14 g/t, containing 244,000 gold oz., as well as 942,000 inferred tonnes, at 13.3 g/t gold, for a further 402,000 oz. of gold.
Troilus expands land position in Quebec
Company has added 230 sq. km of land holdings, or 422 claims, to its Troilus project in the province’s Frotet-Evans greenstone belt.
Seequent accelerates development of cloud-based software
Mexican-focused silver and gold miner First Majestic Silver is using the company’s Leapfrog Geo solution to develop geology models.
Tahltan Nation backs Skeena’s Eskay Creek gold project in British Columbia
The Tahltan Central Government board of directors may consider granting consent for the Eskay Creek project in January.
