Troilus offered US$1B in European loan guarantees
Troilus Gold (TSX: TLG) has inked preliminary deals for US$1 billion in loan guarantees from Germany, Sweden and Finland to help restart a former copper and gold mine in Quebec. …
Precious Metals
Gold looks good on Trump tariffs, tax cuts
Donald Trump’s presidential win is likely to be gold positive in the medium term, according to John Reade, chief market strategist for the World Gold Council. The potential for higher…
B.C. creates new mining ministry to tackle critical minerals amid doubts over capacity
British Columbia Premier David Eby on Monday split the Ministry of Energy, Mines and Low Carbon Innovation into two: Mining and Critical Minerals and Energy and Climate Solutions, to fast-track…
Permitting delays impact BC projects valued at $38B, AME says
British Columbia’s exploration sector has over 60 critical mineral projects waiting for permits. It’s a $38-billion pileup of economic opportunities, some waiting indefinitely, Association for Mineral Exploration (AME) president and…
Orla Mining expands to Canada with US$850M Newmont mine buy
Orla Mining (TSX: OLA) is buying Newmont’s (NYSE: NEM) Musselwhite gold mine in Ontario for US$850 million, enabling it to more than double production of the precious metal as prices…
Russia’s Wagner Group linked to US$2.5B in illicit gold trading – report
The Wagner Group has earned over US$2.5 billion from illicit gold mining since the invasion of Ukraine, according to a report by the World Gold Council. The report, authored by former…
US Gold clears final hurdle for CK mine permit Wyoming, prefeasibility work underway
U.S. Gold Corp. (NASDAQ: USAU) cleared a major hurdle in the development of its CK gold project on Monday after securing approval from the Wyoming Department of Environmental Quality for…
Ecuador court gives green light for Silvercorp, Salazar’s El Domo project
Silvercorp Metals (TSX: SVM; NYSE: SVM) and partner Salazar Resources (TSXV: SRL) can now build the Curipamba-El Domo copper-gold project in Ecuador it acquired in July after clearing a legal…
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…
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…