Fresnillo lifts gold forecast on first-half surge
Shares in Fresnillo (LSE: FRES) jumped 6% on Tuesday after the Mexican precious metals miner raised its gold production forecast for the year, driven by a strong first-half performance of…
Stock Markets/Investing
Orla cuts output target after Mexico wall slide
Orla Mining (TSX: OLA; NYSE: ORLA) said it will produce about 5% less gold than planned this year at higher costs after deferring some production following last month’s pit-wall failure at the…
First Quantum scores $1B Royal Gold streaming deal
Canadian miner First Quantum Minerals (TSX: FM) has secured a $1-billion (C$1.38 billion) gold streaming deal with a subsidiary of Royal Gold (Nasdaq: RGLD), the companies announced Tuesday. The agreement…
Fortuna rises on larger gold resource in Senegal
Fortuna Mining (NYSE: FSM; TSX: FVI) has boosted the resource for its Diamba Sud gold project in Senegal ahead of a preliminary economic assessment (PEA) later this year. The project…
Australia’s gold miners build M&A war chests
Australia’s top gold producers have stockpiled billions of dollars in cash and bullion as record-high gold prices fuelled by geopolitical turmoil and central bank demand swell balance sheets across the…
Ivanhoe’s Friedland raises Kamoa-Kakula cost outlook
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) has started a second stage of dewatering Kamoa-Kakula, Africa’s largest copper operation, but increased its production cash cost forecast by 12%. Two submersible…
Idaho Strategic rises on Hecla gold property deal
Idaho Strategic Resources (NYSE-A: IDR) surged on Friday after purchasing a land package to consolidate its position within the Murray gold belt region, where it already operates the Golden Chest mine….
Eldorado Gold keeps $1B Skouries on track
Canada’s Eldorado Gold (TSX: ELD; NYSE: EGO) says its Skouries copper-gold project in Greece is on track with its February forecast of first production in early 2026 and commercial output…
Agnico rises on record quarterly profit, free cash flow
Agnico Eagle Mines (TSX, NYSE: AEM) shares rose after the Canadian miner reported record quarterly profit and free cash flow on the strength of rising gold prices. Adjusted net income…
B2Gold starts underground mining at Fekola in Mali
B2Gold (TSX: BTO; NYSE-A: BTG) said it began underground production at its flagship Fekola mine in Mali immediately after receiving approval from the government. The stock rose. The approval, which took effect…
Global Uranium’s Maybell resource joins US ranks
Global Uranium and Enrichment’s (ASX: GUE; US-OTC: GUELF) estimate for the Maybell project in Colorado makes it the second largest initial hard rock uranium resource in the Southwest United States…
Northern Superior logs high-grade gold in Quebec
Northern Superior Resources (TSX-V: SUP; US-OTC: NSUPF) cut a highlight result of 9.1 metres grading 11.99 grams gold per tonne at its Philibert property in Quebec. The stock jumped. That…