June 28, 2023

K92 Mining reports two deaths at mine in Papua New Guinea

Two individuals have been fatally injured following an incident involving a vehicle at the Kainantu gold mine.

June 28, 2023

Lion One Metals reports progress on Fiji gold mine

Once complete, Lion One plans to operate the processing plant at an initial production capacity of 300 t/d for the first 18 months of operations.

June 28, 2023

Hot Chili PEA for Costa Fuego calls for annual output of 209,000 lb. copper, 49,000 oz. gold

According to the PEA, the post-tax net present value (8% discount) will be $1.1 billion, and the post-tax internal rate of return will be 21%.

June 28, 2023

Integra Resources stock rises on promising PEA for Wildcat & Mountain View projects in Nevada

The average annual production of Wildcat and Mountain View plus the DeLamar project, on a combined basis, is expected to exceed 200,000 oz. AuEq.

June 28, 2023

US sanctions gold firms suspected of funding Wagner Group

The country slapped sanctions on four companies located in the United Arab Emirates, Central African Republic and Russia.

June 27, 2023

Micromine fleet control system deployed at Goldrush underground mine in Nevada

For over two decades, the innovative technology suite has been in use at several NGM sites, including Cortez, Goldstrike and Leeville.

June 27, 2023

Sitka expands gold corridor to over 5 km at RC project, Yukon

Sitka plans to drill 10,000 metres at RC this year to expand the resource.

June 27, 2023

Wallbridge PEA for Fenelon gold project outlines $490m capex, 4.2-year payback

The project is given an after-tax net present value of C$721 million and an internal rate of return of 18%.

June 27, 2023

Appian Capital takes majority stake in Namibian zinc mine

The Rosh Pinah underground zinc mine, in southern Namibia, is a 2,000 tonnes per day milling operation, open since 1969.

June 27, 2023

Gold price slips after strong US data, focus now on Powell speech

Gold has shed about 2.2% this month – set for a second consecutive monthly fall if losses hold.