Allied Gold picks $80M raising after nixing UAE funds
Allied Gold (TSX: AAUC; US-OTC: AAUCF) is raising $80 million through a public offering to fund further engineering and growth initiatives at the Sadiola mine in Mali and its Côte…
Articles by Mining.com Staff
Gold stock analyst hails ‘once-in-a-lifetime’ trade opportunity in miners
Gold equities are being “mispriced unbelievably” in today’s market given the prospective rise in the metal’s price, says stocks expert and author Don Durrett, who is projecting gold at $4,000…
Soaring gold price sees Newmont vye for No. 4 ranking
Soaring gold prices have helped Newmont (NYSE: NEM, TSX: NGT) vie for fourth place among the world’s most valuable mining companies. Newmont briefly surpassed China’s Zijin Mining (HK: 2899) this…
Energy Fuels mills rare earths in US that China limits
Energy Fuels (TSX: EFR; NYSE-A: UUUU) says it has successfully developed technology capable of producing six of the seven rare earths oxides at scale, that are now subject to the…
Citi softens short-term bearish outlook on copper
Citigroup has softened its short-term bearish outlook on copper by lifting its three-month price target to $8,800 a tonne, citing United States President Donald Trump’s recent decision to suspend many…
Alphamin cuts tin forecast 12% amid DRC unrest
Alphamin Resources (TSXV: AFM) has lowered its full-year tin production forecast by 12% to 17,500 tonnes due to recent conflict-related disruptions at its Bisie mine in eastern Democratic Republic of Congo….
Greatland Gold’s Telfer forecast eases output
Greatland Gold (LSE: GGP) is envisioning annual gold production of 280,000-320,000 oz. over the next two fiscal years from the Western Australia Telfer mine, which it bought from Newmont (TSX:…
Mali closes Barrick’s office over alleged taxes: Reuters
Authorities in Mali have shuttered Barrick Gold’s (NYSE: GOLD; TSX: ABX) office in the capital, Bamako, over what they claim is unpaid tax, Reuters reported, citing sources with knowledge of the…
Ascot targets August restart at Premier in BC
Ascot Resources (TSX: AOT; US-OTC: AOTVF) is targeting an August return to production for its Premier gold project in northwestern British Columbia following the completion of a $61.1-million financing to…
Patagonia Gold secures $40M for Argentina project
Patagonia Gold (TSXV: PGDC) said on Monday it has secured an investment of $40 million (C$55.5 million) to support the development of its main Calcatreu project in Rio Negro, central…
Goldman Sachs upgrades gold forecast to $3,700
Goldman Sachs has once again lifted its year-end price target for gold — this time to $3,700 an oz. — amid uncertainty surrounding the state of the global economy. In…
Gold Fields to shut Damang after Ghana denies lease
Gold Fields (JSE, NYSE: GFI) will cease operations at its Damang mine in Ghana after the government rejected the company’s application to extend the site’s lease expiring on Friday. The…