Blue Gold secures $140M to restart Ghana gold mine
Shares of Blue Gold (Nasdaq: BGL) jumped as much as 9.6% Wednesday after the junior miner announced it had secured an additional $65 million in funding to restart the Bogoso…
Precious Metals
Freegold drills strong wide intercepts in Alaska
Freegold Ventures (TSX: FVL; US-OTC: FGOVF) has reported further drilling success from its Golden Summit project in Alaska where it’s defining a starter pit in the lead up to a…
Aya values Boumadine in Morocco at $3B with spot gold
Canada’s Aya Gold & Silver (TSX: AYA; US-OTC: AYASF) said a preliminary economic assessment (PEA) for its Boumadine polymetallic project in Morocco shows the company would need barely a year…
Bottlenecks slow US copper supply ambitions
The United States’ effort to build a secure domestic supply of copper is running headlong into environmental review and legal disputes – illustrating the tension between energy transition goals and…
Coeur Mining buys New Gold for $7B
Coeur Mining (NYSE: CDE) is acquiring Canada’s New Gold (TSX: NGD) in an all-stock deal valued at about $7 billion, creating a new North American mining heavyweight amid record gold…
Freeport expands BC’s AuRORA with near-surface grades
Freeport-McMoRan (NYSE: FCX) has extended the AuRORA copper-gold-silver discovery made by partner Amarc Resources (TSXV: AHR; OTCQB: AXREF) in British Columbia. A batch of long, near-surface intercepts released on Monday…
Gold Fields pays $50M for 12% of Founders Metals
Gold Fields (NYSE, JSE: GFI) agreed to pay about $50 million (US$36 million) to become the biggest shareholder in Founders Metals (TSXV: FDR; US-OTC: FDMIF), which is developing the Antino…
Site visit: Revival Gold shows ‘exploration sizzle’ in Idaho
BOISE, Idaho – An underground discovery hunt in central Idaho could shuffle Revival Gold’s (TSXV: RVG; US-OTC: RVLGF) development queue, CEO Hugh Agro said this week on a site visit….
Fortuna boosts underground potential in Côte d’Ivoire
Exploration drilling at Fortuna Mining’s (TSX: FVI; NYSE: FSM) Séguéla open-pit mine in Côte d’Ivoire improves the odds of an underground operation at the Sunbird deposit, the company said. Hole SGRD2434…
JV Q&A: Emperor Metals eyes next Quebec step with AI
Emperor Metals’ (CSE: AUOZ; US-OTC: EMAUF) is carving out its place in Quebec’s Southern Abitibi Greenstone Belt – one of the world’s richest gold regions – by combining geological expertise…
New Gold delivers record Rainy River output
New Gold (TSX, NYSE-A: NGD) soared to its highest in more than a decade on Wednesday after delivering a strong third quarter marked by the best-ever production at its Ontario…
JV Video: Rackla hunts bismuth, gold at NWT discovery
Rackla Metals (TSXV: RAK; FSE: RLH1) is testing a prospective extension of the Tombstone Gold Belt in Canada’s Northwest Territories with the grassroots Grad discovery, where rock samples at the…