Centerra OKs Goldfield mine in Nevada after all
Centerra Gold (TSX: CG; NYSE: CGAU) said it’s moving ahead with development and construction of its Goldfield project in Nevada after rising gold prices boosted estimated returns. Using a long-term…
Articles by FREDERIC TOMESCO
Guinea squeezes Emirati-owned bauxite miner
Guinea, the world’s top exporter of bauxite, has revoked the mining title of Emirates Global Aluminium’s GAC subsidiary and awarded it instead to a new local entity – a move…
Orla cuts output target after Mexico wall slide
Orla Mining (TSX: OLA; NYSE: ORLA) said it will produce about 5% less gold than planned this year at higher costs after deferring some production following last month’s pit-wall failure at the…
Southern Copper, Freeport-McMoRan top U.S. peers as steelmakers retreat
Global miners Southern Copper (NYSE: SCCO), Freeport-McMoRan (NYSE: FCX) and Newmont (NYSE: NEM) once again topped their U.S. peers for market capitalization and earnings while several steelmakers had a down…
Agnico rises on record quarterly profit, free cash flow
Agnico Eagle Mines (TSX, NYSE: AEM) shares rose after the Canadian miner reported record quarterly profit and free cash flow on the strength of rising gold prices. Adjusted net income…
B2Gold starts underground mining at Fekola in Mali
B2Gold (TSX: BTO; NYSE-A: BTG) said it began underground production at its flagship Fekola mine in Mali immediately after receiving approval from the government. The stock rose. The approval, which took effect…
Northern Superior logs high-grade gold in Quebec
Northern Superior Resources (TSX-V: SUP; US-OTC: NSUPF) cut a highlight result of 9.1 metres grading 11.99 grams gold per tonne at its Philibert property in Quebec. The stock jumped. That…
Omai books high grades at Guyana’s Wenot deposit
New drilling at Omai Gold Mines’ (TSX-V: OMG; US-OTC: OMGGF) Wenot deposit in Guyana encountered wide zones of high-grade mineralization, the company said. Hole 25ODD-119 cut 7.5 metres at 31.7…
Temas CEO targets dual ASX listing by September
Temas Resources (CSE: TMAS) is working on an Australian Stock Exchange listing that will help the Canadian explorer and metals technology company broaden its investor base and advance two titanium-vanadium-iron projects…
McEwen to buy Canadian Gold for $73M
Canadian miner McEwen (TSX, NYSE: MUX) agreed to buy smaller rival Canadian Gold (TSX-V: CGC) to add the mothballed Tartan mine in Manitoba and exploration properties in Ontario and Quebec….
Equinox bonanza drilling may expand Nicaragua assets
Equinox Gold (TSX, NYSE-AM: EQX) said new drilling at its El Limon mine in Nicaragua yielded the highest-grade gold mineralization discovered to date on the property. Highlight hole EL-TMR-25-036, which…
Orla seeks Mexico mine slide answers
Orla Mining (TSX: OLA; NYSE: ORLA) said initial geotechnical assessments of the incident that stopped pit‑mining activities at the Camino Rojo oxide mine in central Mexico should be completed in the coming week….