Omai reports wide gold zones at WeNot in Guyana
Omai Gold Mines’ (TSXV: OMG) shares jumped 14.3% on Wednesday after the junior reported high-grade drill results from its WeNot deposit in Guyana. Highlights from WeNot, one of two deposits…
Gold
Collective’s drilling ‘extends high-grade core’ at Apollo
Drilling by Collective Mining (TSX: CNL; NYSE: CNL) at its Guayabales project in Colombia’s central Caldas department has uncovered an extension to the Apollo system, bringing the potential for major…
Snowline hits more gold beyond resource edge at Valley
Drill results from Snowline Gold’s (TSXV: SGD; US-OTC: SNWGF) Valley deposit continue to deliver wide intercepts of gold mineralization from surface at its Rogue project in the Yukon. Drillhole V-24-095…
Dakota Gold almost doubles Maitland deposit strike length as resource update, PEA nears
Dakota Gold’s (NYSE-A: DC) step-out drilling at the Maitland gold project has nearly doubled the strike length of modelled Homestake mine-style gold to 1,646 metres, lifting shares during early trading…
AbraSilver’s Diablillos update raises NPV by almost half
An updated prefeasibility study for AbraSilver Resource’s (TSXV: ABRA; US-OTC: ABBRF) Diablillos project in Argentina raises the after-tax net present value (NPV) by 51% and the internal rate of return…
Ero Copper boosts reserves 19% over 2023 at Xavantina in Brazil
Ero Copper (TSX: ERO; NYSE: ERO) updated its Xavantina underground gold operations in central Brazil, raising proven and probable reserves by 19% and measured and indicated resources by 26% over…
Zijin takes control of Pan American’s gold project in Peru
Jinteng Mining, a subsidiary of China’s Zijin Mining Group, officially became on Tuesday the new owner of Canadian miner Pan American Silver’s (TSX: PAAS; NYSE: PAAS) La Arena open-pit mine and project…
China’s ‘super-giant’ gold discovery claim sounds ‘aspirational,’ WGC expert says
The World Gold Council (WGC) is skeptical about China’s Nov. 21 claim of discovering a US$83 billion gold deposit in the southeastern province of Hunan. The Geological Bureau of Hunan…
Second challenge to Seabridge’s KSM copper-gold project
The SkeenaWild Conservation Trust and Southeast Alaska Indigenous Transboundary Commission (SEITC) have filed a petition against Seabridge Gold‘s (TSX: SEA; NYSE: SA) KSM copper-gold mine, the latest objection to the…
Exploration activity in October was highest in a year, S&P data shows
The mining sector saw a sharp uptick in activity during the month of October, aided by an influx of significant drilling results and surge in financings, according to the latest…
Volatile gold prices push down on Aussie production
High gold prices dampened Australian production slightly in the third quarter as some miners apparently turned to lower grade stockpiled material to blend into their mill feed, according to Melbourne-based…
B2Gold says strike at Fekola mine will not impact output
B2Gold (TSX: BTO; NYSE: BTG) says that its Fekola mine complex in Mali will continue to operate at full capacity despite an ongoing strike, and there will be no impact…