Mali judge rejects Barrick appeal to free staff
A court in Mali has rejected Barrick Mining’s (TSX: ABX; NYSE: B) appeal to release four employees arrested in November, deepening a high-stakes standoff between the Canadian mining giant and…
Precious Metals
Canagold soars on New Polaris feasibility in BC
Canagold Resources (TSX: CCM) surged on Monday after releasing results of a feasibility study for its New Polaris project in British Columbia, outlining a low-cost underground gold operation with total production…
Feds OK Nevada gold project, first in a decade
Waterton Mining has announced that the U.S. Bureau of Land Management approved its Spring Valley project in Nevada, the first federal approval of a gold mine project in more than…
Gold price to hit $3,600 this year and next: CIBC
Despite gold’s recent slump, CIBC Capital Markets still expects the yellow metal to reach new heights this year, with prices averaging $3,600 per oz. in the second half. Behind the…
Sibanye buys US precious metals recycler Metallix
South Africa’s Sibanye-Stillwater (JSE: SSW; NYSE: SBSW) plans to acquire Metallix Refining, a U.S-based precious metals recycler with two processing and recycling plants in North Carolina, for $82 million. Metallix,…
Video: Agnico Eagle CEO vows to return unused cash, not chase weak deals
Sitting on significant free cash amid gold trading at record price levels, Agnico Eagle Mines (NYSE; TSX: AEM) would rather hand back surplus cash than chase marginal deals, CEO Ammar Al‑Joundi…
Video: Council sees central bank gold buying rising through 2030
Emerging market central banks will keep buying gold aggressively for the next five years to lessen their reliance on U.S. dollar assets, the World Gold Council’s senior market strategist, Joseph…
JV video: Brixton Metals drills new porphyry, gold targets at Thorn
Brixton Metals (TSXV: BBB; US-OTC: BBBXF) has kicked off drilling at its Thorn copper-gold prospect in British Columbia, targeting new porphyry copper and epithermal gold prospects. Located in the growing…
Video: Debt fuels takeover bids for juniors, SCP chair says
Mining companies are returning to debt after years of banks stepping back, SCP Resource Finance chair Peter Grosskopf says in a video interview. Banks, public bond underwriters and convertible-debt investors…
Torex books high-grade gold at EPO in Mexico
Torex Gold Resources (TSX: TXG) cut a highlight result of 20 metres grading 45.87 grams gold per tonne at its development-stage EPO underground deposit in southwest Mexico. That result, in hole…
Citi sees $40 silver soon, but cautious on gold
Analysts at Citigroup see silver prices rallying beyond $40 an oz. in the coming months due to tightening physical supplies and growing investment demand, as the metal sat at $38.03…
Ecuador miners fight new inspection fee
Miners in Ecuador are seeking to block a new inspection fee that they say could bring early-stage exploration in the South American country to a standstill. President Daniel Noboa’s government…