September 17, 2024

Zijin vows to keep investing in Canadian mining despite crackdown

The comments echo sentiments expressed in March by China’s ambassador to Canada.

September 17, 2024

Endurance Gold hits 13.7 g/t in initial Reliance project results

Current drilling is expanding the Imperial, Eagle, Crown and Diplomat zones.

September 17, 2024

Newmont on track to get at least $2 billion from asset sales, COO says

The sales are part of plan to focus on so-called Tier 1 assets, which can produce at least 500,000 ounces of gold equivalent for 10 years or longer.

September 17, 2024

Uzbekistan’s NMMC to invest $450 million in renewable energy

In the first half of 2024, the NMMC installed photovoltaic panels across 21 major industrial sites with a total capacity of 5,750 kW.

September 17, 2024

Goldman says gold may dip if Fed opts for quarter-point cut

The precious metal has been one of the strongest performing major commodities this year.

September 16, 2024

Tribal warfare kills at least 20 near Porgera mine in PNG, estimates UN

The mine was briefly forced to cease operations as the fighting intensified, according to media reports.

September 16, 2024

Pasofino Gold receives $75 million cash offer

Upon approvals, the parties expect to enter into a definitive agreement in the fourth quarter of 2024, Pasofino said.

September 16, 2024

Thor Explorations expands in Côte d’Ivoire with Guitry gold project acquisition

The company has agreed to acquire 100% of the gold project from Endeavour Mining.

September 16, 2024

Atlantic Mining to pay Nova Scotia gold mine clean-up bond as it appeals conditions

Atlantic contends the provincial deadline for achieving water quality standards around the mine in Moose River is unreasonable.

September 16, 2024

Gowest Gold preps to go private as Chinese investors hold almost half of shares

The move coincides with some Canadian junior companies expressing frustration with the federal government for stymieing foreign investment in critical minerals.