August 8, 2023

Barrick CEO sees few good deals despite mining’s M&A revival

"The problem is that, in the gold industry, most of the tier one assets remaining are embedded in bad assets. And you can’t unlock them,” Bristow says.

August 8, 2023

Alamos Gold updates feasibility of gold production from former Lynn Lake mine

The 2023 feasibility study predicts an average annual gold production of 207,000 oz. in each of the first five years and 176,000 oz. per year over the initial 10 years…

August 8, 2023

Silver Lake hits ‘reset button’ at Sugar Zone gold mine in Ontario

The company says it plans to reset mining practices and upgrade the site logistics network.

August 8, 2023

Mali adopts new mining code that boosts state interests

A draft of the code proposed changes that could boost state and private Malian interests in new projects to 35%, from up a current 20%.

August 8, 2023

Barrick beats quarterly profit estimates on higher gold prices

The company also maintained its full-year production outlook for gold and copper.

August 8, 2023

Barrick open to Saudi wealth fund buying stake in Pakistan’s Reko Diq project

Barrick considers the mine one of the world's largest underdeveloped copper-gold areas.

August 7, 2023

China’s central bank adds more gold for a ninth straight month

Bullion held by the People’s Bank of China rose by 740,000 troy ounces in July.

August 7, 2023

How chilly relations with China are playing out for Canada’s miners

Three key stories have characterized the first half of the year.

August 7, 2023

Silvercorp Metals to acquire Australia’s OreCorp

“This transaction will create a new globally diversified precious metals producer," Silvercorp chairman says.

August 7, 2023

Sumitomo Metal lifts FY profit forecast on higher gold prices, weak yen

Net profit is now forecast at $373 million for the year to March 31, 2024, up from May guidance of $290 million.