July 20, 2023

Egypt agrees framework for mining terms with Barrick Gold and Centamin

Centamin said under framework, exploitation licences would be issued for a 30-year stabilized fiscal and legal regime.

July 20, 2023

Newmont misses profit estimates on mining disruptions, higher costs

Since early June, Newmont's operations at its Peñasquito mine have remained suspended.

July 20, 2023

Westhaven Gold PEA gives Shovelnose 534,000-oz output over 9.5-year life

The PEA gives Shovelnose an after-tax NPV, at a 6% discount, of C$222 million, with an IRR of 32.3%.

July 19, 2023

Some US companies not filing conflict-mineral reports, GAO says

The SEC obliges companies to file reports on whether their products may include gold, tin, tantalum or tungsten from the DRC its nine neighboring countries.

July 19, 2023

Brazilian companies invest in blockchain to fight illegal gold mining 

Between 2015 and 2020, Brazil traded 229 tonnes of gold with evidence of illegality.

July 19, 2023

Brazil’s mining sector revenue grows 6% in first half of 2023

The country's mining exports in the first six months of the year reached 177.2 million metric tons.

July 19, 2023

Mount Polley drilling returns up to 1.51 g/t Au, 1.03% Cu

The drilling was done in two phases on an underexplored area between the Springer and Cariboo mineralized zones near Williams Lake, BC.

July 19, 2023

Mali gold mining revenue rose by 35% in 2022

Gold mining is a pillar of the country's economy, accounting for about 9% of gross domestic product in 2021 and 2022.

July 19, 2023

First Majestic encouraged by drilling results from Mexico mines, Jerritt Canyon in Nevada

In the first half of 2023, the miner had up to 19 active drill rigs and completed a total of 78,973 metres of drilling in Mexico and the US.

July 18, 2023

Northern Star Resources sees higher annual sales

The company expects fiscal 2024 gold sales between 1,600 kilo ounces and 1,750 koz.