Kore expands land position in California by 360%
The company acquired 1,005 new claims around its Imperial gold project.
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Gold investors see M&A and cost cuts unlocking $13 billion
Group of investors including the hedge fund founded by billionaire John Paulson say found that the median spending of senior gold producers is double that of mining companies that produce other metals.
PNG demands 40% of output from Newcrest-Harmony’s Wafi-Golpu project
At peak production, the mine is forecast to churn out 320,000 ounces of gold and 150,000 tonnes of copper a year.
Top 10 countries with the largest gold reserves
The list of 10 countries that hold the most gold in their reserves has remained mostly unchanged over the last few years.
Indonesia hikes Freeport’s copper concentrate export recommendation to 700,000 tonnes
The new recommendation is much higher than the initial approval for shipments of 198,282 tonnes.
Canadian economy won’t feel impact of battery metal mining
A new study says global battery metals consumption will rise six-fold by the mid 2020s but impact in Canada will be minimal.
Alamos expands high grades at Island Gold
The best assays so far are 34.28 g/t gold over 8.4 metres and 12.30 g/t gold over 6.7 metres.
Laurion enjoys high grades of first assays at Ishkoday
One notable channel sample assayed 0.29% copper, 4.27% zinc, 4.34 g/t gold and 27.02 g/t silver over 1.8 metre.
Weakening shale productivity “very bullish” for oil prices
There is now evidence that the US shale industry is reaching the end of the road on well productivity.
