Great Bear PEA suggests multi-decade Kinross gold mine in Ontario
When Kinross Gold (TSX: K; NYSE: KGC) bought the Great Bear project in northern Ontario’s prolific Red Lake district two and a half years ago, its thinking was to acquire…
Gold
Newmont sells Telfer, Havieron stake to Greatland Gold for US$475M
As part of its efforts to offload non-core assets, Newmont (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) has agreed to sell its Telfer mine and a 70% stake in…
Snowline’s Valley adds to golden results streak in Yukon
Drill results from Snowline Gold’s (TSX-V: SGD; US-OTC: SNWGF) Valley target in eastern Yukon returned some of the highest grades yet at the deposit, while regional exploration has revealed two new…
Beaver Creek: Gold to soon hit US$3,000 amid short-term pullback
Gold is set to surge to at least US$3,000 per oz., says Florian Grummes, CEO of Midas Touch Consulting. But a short-term pullback to the US$2,050–US$2,150 range might happen first,…
Yukon court OKs rare Indigenous bid for mine ownership
There could be landmark new life in the abandoned Minto copper-gold mine in the Yukon. The territory’s Supreme Court has approved a private bid by the Selkirk First Nation to…
US$1.4B value tops strong economics at G Mining’s PEA for Oko West gold project in Guyana
A new study for G Mining Ventures’ (TSX: GMIN; US-OTC: GMINF) Oko West gold project in north-central Guyana outlines a net present value (NPV) of US$1.4 billion over a 12.7-year…
AngloGold, Regis to take Havana gold mine underground
Tropicana gold mine partners Regis Resources (ASX: RRL) and AngloGold Ashanti (NYSE: AU; JSE: ANG) are going ahead with the A$114-million (US$76 million) Havana underground project in Western Australia. The…
Ascot halts Premier gold mine operations in BC just months after first pour
The Toronto-quoted shares of Ascot Resources (TSX: AOT; US-OTC: AOTVF) cratered Friday after suspending operations at its Premier gold mine less than five months after celebrating its first gold pour….
Site visit: Equinox Gold’s newest mine to launch it into the 1M oz per year club
GERALDTON, ONT. — Through the slight haze of dust kicked up by a passing haul truck loaded with ore at Equinox Gold’s (TSX: EQX; NYSE: EQX) Greenstone mine, visitors can…
First Quantum to begin US$3.5B Taca Taca copper project build in Argentina next year: report
First Quantum Minerals (TSX: FM) plans to start of construction of its US$3.5-billion Taca Taca copper project in Salta province next year, according to Rumbo Minero International. According to the…
Perseus ups stake in Guinea-focused Predictive Discovery to 19.9%
Australian gold producer Perseus Mining (TSX: PRU; ASX: PRU) is increasing its stake in Predictive Discovery (ASX: PDI), a BlackRock-backed company advancing the Bankan gold project in Guinea. The Perth-based…
First Majestic to expand in Mexico with US$970M Gatos Silver buy
First Majestic Silver (TSX: AG; NYSE: AG) is buying fellow Canadian explorer and developer Gatos Silver (TSX: GATO; NYSE: GATO) in an all-share transaction valued at US$970 million. The move…