Sanu Gold rises as Montage, Lundin maintain backing
Sanu Gold (CSE: SANU; US-OTC: SNGCF) shares hit their highest level in two years on Tuesday after the West Africa-focused junior announced a private placement backed by Montage Gold (TSXV:…
Precious Metals
New Found Gold plummets on first resource
Shares in New Found Gold (TSXV: NFG, NYSE: NFGC) plunged nearly a third on Tuesday after the explorer posted a long-awaited initial resource for its Queensway project in Newfoundland that missed expectations. The project…
Silver Storm gains strength, nearly doubles tonnes at La Parrilla in Mexico
A resource update for Silver Storm Mining’s (TSXV, US-OTC: SVRS) La Parrilla project in east-central Mexico almost doubles its indicated tonnage, spurring Red Cloud Securities to start coverage on Tuesday….
Gold Road rejects $3B takeover bid from Gold Fields
Australia’s Gold Road Resources (ASX: GOR) has rejected a A$3.3 billion (C$2.97 billion) takeover bid from South Africa’s Gold Fields (JSE, NYSE: GFI), calling the offer “highly opportunistic” and saying it undervalued…
Anglo Asian mines first ore from Gilar
The Gilar underground deposit is part of Anglo Asian’s Gedabek operation in Azerbaijan.
Gold dominates mining M&A again in 2024: S&P Global
Gold was once again the dominant theme of mergers and acquisitions (M&A) deals within the precious and base metals mining space in 2024, accounting for 70% of the year’s transaction…
Trump orders mining on federal land, more funding
U.S. President Donald Trump has boosted American critical mineral projects with an executive order accessing government funding and loans while pushing for faster permitting. The new order signed Thursday sets…
BC exploration rules disappointing: AME
A new British Columbia consultation framework for mineral claims fails to address key industry concerns and runs the risk of scaring off investors, the provincial association of prospectors said. B.C….
Morningstar sees gold falling to $1,820 by 2030
Despite gold’s record-breaking rallies and banks doubling down on their bullish price forecasts, one analyst has a contrarian take on where the precious metal stands long term. According to David…
PDAC JV video: Aurania Resources founder Keith Barron on his next gold discovery
Aurania Resources (TSXV: ARU; US-OTC: AUIF) CEO Keith Barron sparked interest at PDAC, showing off a quartz sample with visible gold from Brittany in northern France. “Maybe we made the…
PDAC JV video: Poor performers force quality juniors into steep discounts, Fury Gold CEO says
Excessive spending and stretched financing by project developers push even good projects into steep discounts, Fury Gold Mines CEO Tim Clark said. A good example is the 300-km greenstone belt…
Aris earnings rise on gold price as output falls at Colombia mines, annual results show
Adjusted earnings for Aris Mining (TSX: ARIS; NYSE: ARMN) gained slightly last year over 2023 even though total gold output at its two mines in Colombia fell by almost the…