De Beers sales show steady rebound in diamond market
De Beers, the world’s largest diamond producer by value, said today that it had sold about US$515 million worth of rough diamonds during its latest event, making it the biggest sale…
Fast News
Pilbara Minerals lifts Pilgangoora lithium resource
Australian lithium producer Pilbara Minerals (ASX: PLS) has announced a 39% increase in the mineral resource at its flagship 100%-owned Pilgangoora lithium-tantalum project in Western Australia’s Pilbara region to 308.9…
SolGold to cut back on exploration projects
Ecuador-focused SolGold (TSX: SOLG; LSE: SOLG) is trimming its exploration portfolio in a bid to free up cash to focus on its best targets as it advances development of the giant Cascabel copper-gold…
Barrick, NovaGold closer to Donlin mine decision
Joint-venture partners Barrick Gold (TSX: ABX; NYSE: GOLD) and NovaGold Resources (TSX: NG) have published the first results of their 24,000-meter drill program for their Donlin gold project in southwestern…
Australia’s Orminex acquires gold projects in Canada
Western Australia-focused Orminex (ASX: ONX) is acquiring Nippon Dragon Resources’ (TSXV: NIP) interest in two gold projects in Canada’s Abitibi region. The projects — Rocmec, 35 km west of Rouyn-Noranda,…
Agnico Eagle increases stake in Candelaria Mining to 19.6%
Agnico Eagle Mines (TSX: AEM; NYSE: AEM) has upped its interest in Candelaria Mining (TSXV: DCAND; US-OTC: CDELF), with an additional $6 million investment bringing its ownership in the Mexico-focused…
Torex releases three-year guidance for ELG, Media Luna plans
Torex Gold Resources (TSX: TXG) has released its multi-year production outlook for the El Limon Guajes (ELG) gold mining complex in Mexico, about 180 km southwest of Mexico City. The…
Iamgold halts transport to and from Burkina Faso mine after attack
Iamgold (TSX: IMG; NYSE: IAG) has suspended convoys to and from its Essakane gold mine in Burkina Faso near the border with Niger, after gunmen attacked a convoy travelling to…
Ontario Mining Association appoints new chair of its board of directors
The Ontario Mining Association (OMA) announced that Natasha Vaz will be the next chair of its board of directors. When she assumes the role in September, Vaz will become the…
Silver Elephant releases PEA for vanadium project in Nevada
The study shows an after-tax internal rate of return (IRR) of 25.4% and net present value (NPV) of $127.9 million.
Kirkland Lake hits new visible gold intersections at Fosterville
Kirkland Lake Gold (TSX: KL; NYSE: KL; ASX: KLA) has intersected new visible gold bearing mineralization below the Swan zone, along the Cygnet Fault system, and to 1,000 metres downplunge…
Tudor Gold expands Goldstorm deposit at Treaty Creek
Treaty Creek is billed as one of the largest gold discoveries of that last 30 years.