Alamos tables high-return Puerto Del Aire mine plan
Alamos Gold’s (TSX: AGI; NYSE: AGI) development plan for its Puerto Del Aire (PDA) high-grade underground gold project in northwest Mexico boasts a net present value at least 63% higher…
Precious Metals
Probe Gold shares pop on Val-d’Or East update that doubles resources
Probe Gold (TSX: PRB) shares jumped as high as 22% to $1.55 early trading Thursday after the company nearly doubled its Val-d’Or East resource base. The company grew global resources…
Allied Gold inks decade-long deal with Mali junta
Allied Gold (TSX: AAUC) has signed a preliminary agreement with Mali for a 10-year permit on its Sadiola mine and production from the nearby Diba deposit while the military government…
Blackrock Silver PEA nearly doubles value of Tonopah West project over costs
A preliminary economic assessment (PEA) for Blackrock Silver’s (TSXV: BRC; US-OTC: BKRRF) Tonopah West project in southwest Nevada gives it a net present value almost double its initial capital costs,…
Alamos Gold hints at tripling Mulatos district mine life
High-grade drill results from Alamos Gold’s (TSX: AGI; NYSE: AGI) Puerto Del Aire (PDA) and Cerro Pelon deposits signal future growth in Mexico’s Mulatos district. Results from both targets expanded…
Australian gold production declines as miners adapt to record prices
Australia, the largest gold producer after China, produced slightly less of the yellow metal in the 12 months to June 30 as miners adjusted strategies for record high prices even…
Gold miner Robex reports loss as it pivots from Mali to Guinea
West Africa-focused gold miner Robex Resources (TSXV: RBX) reported a 10% increase in gold production and a 35% rise in revenue for the second quarter of 2024. However, the company…
Cordoba Minerals bags Alacran permit approval in Colombia
Cordoba Minerals (TSXV: CDB; US-OTC: CDBMF) has secured a construction permit for the Alacran copper-gold-silver project in Colombia with work set to start by the second quarter next year, assuming…
India’s rallying jewelry trade helps sustain gold price
Retail gold demand for jewelry in India is rebounding despite record prices for the metal this year, according to BMO Capital Markets. The country lowered import duties on gold and…
Atlantic Mining faces $80M cleanup bond deadline amid court battle with Nova Scotia
A Nova Scotia subsidiary of Australia’s St Barbara (SBM:ASX) is scrambling to pay off a $79.9 million cleanup bill by next Tuesday for its closed Touquoy gold mine. The company,…
Equinox Gold marks Greenstone mine opening with 3,634-km ride, $1.5M donation
Equinox Gold (TSX: EQX; NYSE: EQX) has marked the upcoming opening of its Greenstone mine with a 3,634-km cycling journey from Vancouver, B.C., to the mine in Geraldton, Ont. The…
G Mining receives operating OKs for Tocantinzinho gold mine in Brazil
The gold project remains on time and budget for commercial production in the second half of 2024.