U.S. Gold surges after obtaining Wyoming mining permit
U.S. Gold (Nasdaq: USAU) surged on Wednesday after the company said the Wyoming Department of Environmental Quality issued the surface mining permit for the CK gold project, a key milestone….
Precious Metals
Angus scores high-grade gold find west of historic resources near Wawa
Angus Gold (TSXV: GUS; US-OTC: ANGVF) reported Tuesday the discovery of a new high-grade zone featuring a result of 7 grams gold per tonne over 12.4 metres, its best gold…
Regis Resources to expand gold production with two new mines
Australian gold miner Regis Resources (ASX: RRL) has greenlit construction of two new underground mines, forecast to deliver between 100,000 oz. and 120,000 oz. of the precious metal per year…
Osisko update reveals 3.2B lb red metal asset at Copper Mountain
A resource update for Osisko Metals‘ (TSXV: OM; US-OTC: OMZNE) Copper Mountain deposit in Quebec increases the copper-equivalent metal content by 30% over the previous estimate, making it the largest…
Grid Metals increases resource by a third at MM copper-nickel project in Manitoba
Grid Metals (TSXV: GRDM; US-OTC: MSMGF) has raised the indicated tonnage by more than a third at its MM copper-nickel project in southeast Manitoba. The combined indicated open pit resources…
Contango grows Alaska gold footprint with two buys
Emerging North American gold producer Contango Ore (NYSE-A: CTGO) is boosting its landholding and production in Alaska with the acquisition of Canada’s HighGold Mining (TSXV: HIGH; US-OTC: HGMIF) and an…
Pan American Silver sells La Arena gold project in Peru to Zijin Mining for US$295M
Pan American Silver (TSX: PAAS; NYSE: PAAS) is selling its La Arena gold mine in Peru to China’s Zijin Mining for US$245 million cash upfront and a US$50 million contingent…
Dundee Precious Metals rushes Serbian gold discovery to high-margin PEA
Dundee Precious Metals (TSX: DPM) assembled a study backing development for its Čoka Rakita gold discovery in Serbia in 18 months. With an initial investment of US$381 million and at…
Thesis Gold gains on new resource hiking Lawyers-Ranch tonnage in B.C.’s Toodoggone area
Thesis Gold (TSXV: TAU; US-OTC: THSGF) says an updated resource at the combined Lawyers-Ranch gold silver project in British Columbia increases the tonnage by nearly a third compared with a 2022…
Barrick’s Mali mine feeds Russian war machine, advocacy group says
Barrick Gold (TSX: ABX; NYSE: GOLD) faced criticism outside its annual general meeting on Tuesday in Toronto for supporting Malian rulers with ties to Russia. The operator of the Loulo-Gounkoto…
Bullion demand rises on central banks, East-West investor flip-flop, gold council says
Gold demand increased 3% during the first quarter because of buying by central banks, Asian investors and jewellers, the World Gold Council says in a new report. Purchases rose to…
Greatland Gold may buy Havieron back from Newmont
Greatland Gold (LSE: GGP) said Tuesday it is in a strong position to buy back a majority stake in the Havieron gold-copper project in Western Australia from Newmont (NYSE: NEM;…