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…
Gold
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…
Burkina Faso’s second military coup of 2022 raises risks for miners
Burkina Faso-focused miners say operations have not been affected following a second coup d’état on Sept. 30 that saw the country’s president Lt.-Col. Paul Henri Sandaogo Damiba overthrown after only…
US markets rise over Oct 3-7 session
The Dow Jones Industrial Average rose 571.28 points or 1.99% to 29,296.79 and the S&P 500 gained 55.04 points or 1.51% over the Oct. 3-7 trading week to finish at 3,639.66. Vale added US$1.10 to…
TSXV ekes out a gain in Oct. 3-7 trading week
The S&P/TSX Venture Composite Index gained 13.89 points or 2.3% over the Oct. 3-7 trading session to end at 608.02, after reaching an intra-week high of 623.23 on Oct. 4….