Aya Gold & Silver rises on Zgounder optimism, despite Q3 miss
Aya Gold & Silver (TSX: AYA, US-OTC: AYASF) confirmed on Friday that delays in commissioning its expanded Zgounder mine dented its production in the third quarter, but said it’s on…
Precious Metals
Exploration projects to watch: Eight companies hunting the globe for gold and critical metals
Exploration is the lifeblood of the mining industry and majors are always looking for junior explorers with prospective projects. Our snapshot this month looks at eight projects in Africa, Eastern…
Union files complaint against Orla Mining, alleging violation of worker rights in Mexico
The United Steelworkers union (USW) has filed a complaint against Orla Mining (TSX: ORLA NYSE: ORLA) over alleged violations of workers’ rights at the Camino Rojo gold and silver mine…
B2Gold hits bonanza gold at Goose; eyes extended mine life in Nunavut
Drill results from B2Gold’s (TSX: BTO; NYSE: BTG) Goose project in Nunavut, which is under construction and expected to yield first gold next year, may point to a longer mine…
Hummingbird says Pasofino Gold sale in the works
Hummingbird Resources (AIM: HUM) said Thursday the potential acquisition by an unnamed company of its 53%-owned subsidiary Pasofino Gold (TSX-V: VEIN) has been opened to more potential bidders. Pasofino Gold, which owns…
Exploration spending to stay flat despite Trump pledges, strong gold prices, S&P says
The amount spent to find new mineral sources may grow little next year, even if gold prices continue their record run and President-elect Donald Trump cuts red tape, according to…
Newcore cuts best gold grades yet at Enchi project in Ghana
Drilling at Newcore Gold’s (TSXV: NCAU, US-OTC: NCAUF) Enchi project in Ghana has returned the highest-grade gold intercepts in its 10-year history, the company said Wednesday. Hole KBRC301 cut 1…
Troilus signs LOI for US$500M German loan to support Quebec copper-gold project
The loan is contingent upon Troilus signing an off-take agreement with Aurubis.
Amex posts ‘exceptional’ PEA for Perron gold project in Quebec
Amex Exploration (TSXV: AMX: US-OTC: AMXEF) stock jumped as much as 25¢ or 21% in trading this morning after posting what it called an ‘exceptional’ preliminary economic assessment (PEA) for…
Fresnillo-Peñoles silver deal hit by issues at Sabinas mine
Precious metals miner Fresnillo (LSE: FRES) warned on Tuesday that it’s facing challenges meeting its long-standing silver production agreement with Mexico’s Industrias Peñoles due to operational issues at the Sabinas…
Risks rise in Mali as junta holds Resolute CEO
Shares in Resolute Mining (ASX: RSG; LSE: RSG) lost a third of their value on Monday after the Australian gold miner said Mali’s military government detained CEO Terence Holohan and two senior…
Suitors circle American Eagle Gold as South32 takes 19.9% stake
South32 (ASX: S32) is shelling out $29.2 million for a 19.9% interest in American Eagle Gold (TSXV: AE), which is in the third year of drilling at its NAK copper-gold discovery in…