China’s Zijin to buy Rosebel from Iamgold for US$360M
Canada’s Iamgold (TSX IMG; NYSE: IAG) said on Tuesday it had agreed to sell its stake in the Rosebel gold mine in Suriname to Zijin Mining in a deal valued…
Gold
Troilus shifts to feasibility mode after high-grade Quebec discovery
North-central Quebec-focused Troilus Gold (TSX: TLG; US-OTCQX: CHXMF) has announced the discovery of a new higher-grade gold zone to the northern and southern extents of Zone 87 (Z87), the larger…
Barrick close to building US$7B copper project in Pakistan as 50%-owned asset
Barrick Gold (TSX: ABX; NYSE: GOLD) said on Monday it had achieved a significant legal milestone to proceed with the development of the giant Reko Diq copper-gold deposit in Pakistan,…
TNM Drill Down: Top gold assays for the week of Oct. 7-14
Welcome to our weekly feature, TNM Drill Down, focusing on the top gold assays of the past week. Assays are ranked by gold grade x width, as identified by our…
Endeavour Mining starts building Lafigué gold mine in Côte d’Ivoire
Endeavour Mining (TSX, LSE: EDV) has kicked off construction at its 80%-owned Lafigué gold project in Côte d’Ivoire, which is expected to begin production in the third quarter of 2024….
Wesdome Gold falls after output drop, but analyst sees brighter future
Shares in Wesdome Gold Mines (TSX: WDO) shed nearly 11% of their value on Friday after the company reported production was down nearly a quarter from a year ago, while…
Regulus receives US$5M investment from Osisko Gold for AntaKori project
Regulus Resources (TSXV: REG; OTC: RGLSF) has secured a US$5 million investment from Osisko Gold Royalties in exchange for a net smelter return (NSR) ranging from 0.125% to 1.5% on certain claims…
Turquoise Hill’s fifth largest investor to reject Rio Tinto’s US$3.3B takeover bid
Sailingstone Capital Partners, the fifth-biggest investor in Turquoise Hill Resources (TSX: TQR) said on Friday it will vote against Rio Tinto‘s (NYSE: RIO; LSE: RIO; ASX: RIO) intended US$3.3 billion…
Marathon Gold begins early works at Valentine project in Newfoundland
Canada’s Marathon Gold (TSX: MOZ) has begun early site works at its proposed Valentine open-pit gold mine in central Newfoundland after satisfying pre-construction environmental assessment conditions. The project is expected to see full…
S&P flags cooling exploration activity as market volatility bites
The latest reports from S&P Global Commodity Insights confirm an overall downward trend, with the market intelligence firm’s Pipeline Activity Index (PAI) falling to a 20-month low in August. In…
Collective Mining shares rise on high-grade Guayabales gold discovery
Collective Mining (TSXV: CNL; US-OTC: CNLMF) shares rose almost 10% Wednesday as the company announced the “most cumulative mineralization in drill holes completed to date” in the high-grade, copper-gold-silver porphyry-related…
Thesis Gold tests recover 98% yellow metal from Ranch samples
Thesis Gold (TSXV: TAU; OTC: THSGF) says the first metallurgical tests on samples from its Ranch project in north-central British Columbia’s Golden Horseshoe have a gold recovery rate of between…