Gold Fields CEO Griffith leaves after failed Yamana takeover
Gold Fields’ (JSE, NYSE: GFI) chief executive officer Chris Griffith is stepping down on Dec. 31, only a month after the company’s failed attempt to take over Canada’s Yamana Gold…
Gold
SolGold shares dive despite raising US$36M with Jiangxi backing
Shares in Ecuador-focused SolGold (TSX: SOLG; LSE: SOLG) dropped on Monday more than 7% after revealing it had completed a US$36-million capital raise with the participation of new investors, including…
Site visit: G2 Goldfields hopes to add to discovery count at Oko project in Guyana
When Dan Noone first visited Guyana in 2004, the capital Georgetown was a “sleepy place,” says the geologist and CEO of G2 Goldfields (TSXV: GTWO). “There weren’t many cars on…
Ascot arranges $200M financing package for Premier construction
Ascot Resources (TSX: AOT; US-OTC: AOTVF) has entered into non-binding letters of intent for roughly $200 million in project financing for construction of the Premier gold project, in northwestern British…
TNM Drill Down: Torex leads week’s top assays with El Limón project in Mexico
Our TNM Drill Down features highlights of the top gold assays of the past week. Drill holes are ranked by g‹old grade x width, as identified by our sister company…
Pakistan closer to letting Barrick Gold proceed with US$7B project
Pakistan’s Supreme Court endorsed on Friday a settlement between the country’s government and Barrick Gold (TSX: ABX; NYSE: GOLD), which allows the Canadian miner to resume work at its Reko Diq…
World Gold Council sees positive 2023 outlook for gold amidst global uncertainty
Despite an “unusually high level of uncertainty” surrounding consensus expectations for 2023, on balance, a “mixed set of influences implies a stable but positive performance for gold,” the World Gold…
Azimut options Quebec copper-gold project to KGHM
Prospect generator Azimut Exploration (TSXV: AZM; US-OTC: AZMTF) has signed a joint venture agreement with KGHM International for its early stage Kukamas copper-gold property in the Eeyou Istchee James Bay…
Cordoba sells 50% stake in Colombian project to China’s JCHX for US$100M
Cordoba Minerals (TSXV: CDB; US-OTC: CDBMF) announced on Thursday that it has entered a strategic arrangement with JCHX Mining Management to jointly develop the company’s flagship Alacran copper-gold-silver project in…
Ascot drills 488 g/t gold at Big Missouri deposit, its best gold intercept since 2017
Ascot Resources (TSX: AOT; US-OTC: AOTVF) has released the third batch of assay results from surface drilling at the Big Missouri deposit in B.C., which continues to impress with more…
Osisko Mining chooses Cree business to supply hydro power for Windfall gold project
Osisko Mining has signed a binding term sheet with Miyuukaa Corp., a wholly owned business of the Cree First Nation of Waswanipi, to build the proposed hydro-electric powerline for the…
Galway Metals suspends drill programs due to market conditions
Galway Metals (TSXV: GWM; US-OTC: GAYMF) is suspending drilling temporarily at its flagship Clarence Stream gold project in New Brunswick and also at its Estrades polymetallic project in Quebec due…