Erdene CEO sees Mongolia gold mine anchoring district
Canada’s Erdene Resource Development (TSX: ERD) is working to turn its new Bayan Khundii open-pit gold mine in Mongolia into the anchor of a future minerals district that will one day…
Articles by FREDERIC TOMESCO
Ontario, Ottawa sign deal to speed up major projects
Ontario and Canada’s federal government signed an agreement that aims to curb duplicate reviews and advance long-planned infrastructure and projects such as those in the province’s metals-rich Ring of Fire…
NGEx hits 4% copper, 11g gold at Lunahuasi in Argentina
NGEx Minerals (TSX: NGEX; US-OTCQ: NGXXF) said new drilling at the Lunahuasi polymetallic project in Argentina vertically extended an existing high-grade zone by 100 metres. The stock rose. Hole DPDH048 in the deposit’s…
Fortescue agrees to buy Alta for $139M in copper push
Australia’s Fortescue (ASX: FMG) agreed to buy all of Peru-focused explorer Alta Copper (TSX: ATCU; US-OTC: DNCUD) in a C$139 million ($101 million) deal that accelerates a pivot into copper…
American Eagle drilling boosts NAK copper-gold project
Canadian explorer American Eagle Gold (TSX-V: AE; US-OTC: AMEGF) says new drilling at its polymetallic NAK project in British Columbia has markedly expanded a previous discovery zone. The stock rose….
Collective finds new gold zone in Colombia
Collective Mining (TSX, NYSE: CNL) said new drilling at its Guayabales project in Colombia has significantly expanded the size of the deposit’s Apollo system. The stock rose. Hole APC-143D cut 130…
Lundin Gold sees higher costs, stable output in Ecuador
Lundin Gold (TSX: LUG; US-OTC: LUGDF) said output at its Fruta del Norte gold mine in southeast Ecuador should remain flat over the next three years while unit costs climb…
Contango Ore agrees $812M deal to buy Dolly Varden
Contango Ore (NYSE-A: CTGO) agreed to buy Canada’s Dolly Varden Silver (TSX-V: DV; NYSE-A: DVS) to create a mid-tier silver and gold producer by adding one of the largest high-grade…
DRC rail line may get $1B from U.S. finance agency
The United States may offer as much as $1 billion to revamp a rail line in central Africa that could help facilitate critical minerals shipments from the Democratic Republic of…
London Symposium: Japan Gold seeks new partners
Japan Gold (TSXV: JG; US-OTC: JGLDF) has begun talks with various investors looking to jointly explore for gold and develop mines in the Asian country after an alliance with Barrick…
McEwen expands high-grade gold zone at Froome mine
McEwen (TSX, NYSE: MUX) said new drilling at its Froome mine in northern Ontario boosted the property’s higher-grade gold mineralization by about 45%. Drillhole 25PR-G467 cut 31 metres grading 7.7 grams gold…
Fortuna betting on West Africa to boost gold output
Séguéla, Côte d’Ivoire – West Africa is poised to play a pivotal role in Fortuna Mining’s (TSX: FVI; NYSE: FSM) drive to boost annual gold output past the 500,000 oz. mark…