Shut Nova Scotia mine may hold $118M in gold
St Barbara (ASX: SBM) has secured Nova Scotia’s approval to process about three million tonnes of ore remaining at the closed Touquoy gold mine. The recovery may earn the company…
Precious Metals
Newmont halts Cadia gold mine after earthquake
Shares in Newmont (TSX: NGT; NYSE: NEM), the largest gold miner, fell nearly 5% in New York by mid-Wednesday after the company suspended underground operations at its Cadia mine in…
Sponsored: Arizona Eagle drills beyond McCabe
Arizona Eagle Mining (TSXV: AZEM) is taking a public listing after completing its reverse takeover with Core Nickel, putting its Eagle project in Arizona and the high-grade historical McCabe mine…
Omai soars on gold resource update in Guyana
Omai Gold Mines (TSXV: OMG; US-OTC: OMGGF) has lifted its contained gold by about 22% at its eponymous project in Guyana while upgrading about half the resource into stronger categories….
Aura OKs Guatemala gold build with higher capex
Aura Minerals (Nasdaq: AUGO) is proceeding to build its Era Dorada project in Guatemala, marking an expansion into Central America, after increasing a capital cost forecast by as much as…
Fujimori leads Peru presidential vote as mining risks rise
Keiko Fujimori led Peru’s presidential vote but fell short of an outright win, setting up a run-off that could reshape the outlook for the country’s critical mining sector. Exit polls…
M&A: Denarius targets Emerita in Spain’s zinc-copper belt
Denarius Metals (CBOE: DMET; US-OTC: DNRSF) offered to buy Emerita Resources (TSXV: EMO; US-OTC: EMOTF) in an all-share deal that would consolidate assets in Spain’s Iberian Pyrite Belt while adding…
New woe besets BC’s two biggest gold projects
Seabridge Gold’s (TSX: SEA; NYSE: SA) push for permits to dig tunnels at its giant KSM project is being delayed by British Columbia until the miner’s court fight with neighbour…
Gold price wins in Iran war, but not copper
The U.S.-Iran war may shave as much as 0.7% off the global economy and push gold prices higher as investors focus on a swelling U.S. deficit and a weaker dollar,…
G Mining to buy G2 Goldfields for $3B in Guyana play
Canadian miner G Mining Ventures (TSX: GMIN; US-OTC: GMINF) agreed to buy G2 Goldfields (TSX: GTWO; US-OTC: GUYGF) in a $3 billion (US$2.2 billion) all-share deal that would bring two…
Orla’s double-digit gold assays extend Musselwhite
Orla Mining (TSX: OLA; NYSE: ORLA) says new drilling at its Musselwhite mine in Ontario shows more high-grade gold zones over 2 km beyond workings, boosting the case for longer…
Critical One hits visible antimony at Howells Lake in Ontario as defence metal gains momentum
Critical One Energy’s (CSE: CRTL; US-OTC: MMTLF) first modern drill hole at the Howells Lake project in northwestern Ontario cut visible stibnite from near surface across about 100 metres of…