Torex Gold plunges after gas leak kills three at Mexican underground mine
Torex Gold Resources (TSX: TXG) says a fatal carbon monoxide gas leak at its El Limón Guajes (ELG) underground mine in Guerrero state, Mexico has claimed the lives of three…
Precious Metals
London Symposium: How new tech and sustainability can transform mining
Green technologies and sustainability-focused project strategies are helping the industry address risks earlier and build longer-lasting community ties, a London industry event heard this week. Better technologies, integrating artisanal miners…
Iamgold cuts Westwood reserves by 17% amid mine plan overhaul
Iamgold (TSX: IMG; NYSE: IAG) shares fell Thursday after it cut 202,300 oz., or 17%, off the December 2023 Westwood Complex reserve estimate in Quebec. The downgrade follows new classification…
Dakota Gold almost doubles Maitland deposit strike length as resource update, PEA nears
Dakota Gold’s (NYSE-A: DC) step-out drilling at the Maitland gold project has nearly doubled the strike length of modelled Homestake mine-style gold to 1,646 metres, lifting shares during early trading…
China’s ‘super-giant’ gold discovery claim sounds ‘aspirational,’ WGC expert says
The World Gold Council (WGC) is skeptical about China’s Nov. 21 claim of discovering a US$83 billion gold deposit in the southeastern province of Hunan. The Geological Bureau of Hunan…
Second challenge to Seabridge’s KSM copper-gold project
The SkeenaWild Conservation Trust and Southeast Alaska Indigenous Transboundary Commission (SEITC) have filed a petition against Seabridge Gold‘s (TSX: SEA; NYSE: SA) KSM copper-gold mine, the latest objection to the…
Volatile gold prices push down on Aussie production
High gold prices dampened Australian production slightly in the third quarter as some miners apparently turned to lower grade stockpiled material to blend into their mill feed, according to Melbourne-based…
Aya pours first silver from new mill at Zgounder
Aya Gold & Silver (TSX: AYA; US-OTC: AYASF) has poured its first silver from the new, expanded mill throughout the whole circuit at its Zgounder mine in Morocco, about 570…
G2 Goldfields advances G3 spin-out of Guyana assets
G2 Goldfields (TSX: GTWO; US-OTC: GUYGF) plans to seek shareholder approval to spin out its non-core Guyanese assets into a new company, G3 Goldfields, as an updated resource for its…
Lumina Gold secures ‘slightly better’ Ecuador terms with Cangrejos mining permit, analyst says
Lumina Gold (TSXV: LUM) has secured an exploitation permit with attractive financial terms from Ecuador, keeping its Cangrejos gold-copper project on track for a mid-2025 feasibility study. The contract includes…
Blue Moon acquires two brownfield copper projects in Norway for US$67M
Blue Moon Metals (TSXV: MOON) (OTCQB: BMOOF) says it’s buying two former copper-producing assets in Norway to diversify from its zinc project in California while emphasizing near-term output. The Vancouver-based…
Platinum Group partners with Saudi firm for smelter amid South African export hurdles
Canada’s Platinum Group Metals (TSX: PTM; NYSE-AM: PLG) is working with Saudi Arabia and a Riyadh-based partner to build a smelter and refinery in the Middle East country. But they…