TNM Drill Down: Top gold assays of the week Sept 9 – 16
Our TNM Drill Down feature highlights the top gold assays of the past week. Drill holes are ranked by gold grade x width, as identified by our sister company Mining…
Gold
AngloGold to buy Coeur Mining’s projects in Nevada for US$150 million
South Africa’s AngloGold Ashanti (NYSE: AU; JSE: ANG) is expanding its footprint in Nevada, US, with the acquisition of Coeur Mining’s (NYSE: CDE) subsidiary for US$150 million cash. The unit,…
B2Gold’s drill results from Anaconda point to further growth in Mali
B2Gold’s (TSX: BTO; NYSE: BTG) Fekola mine in southwestern Mali produced 567,795 oz. gold at an all-in sustaining cost of US$765 per oz. sold last year, and this year exploration…
Torex Gold shares jump on positive assays from ELG underground in Mexico
Shares of Torex Gold Resources (TSX: TXG) jumped 3.1% by midday Friday following the latest drill results from its El Limón Guajes (ELG) underground mine in Mexico, where it is…
Turquoise Hill holder Pentwater ups stake, rejects Rio Tinto share bid
Pentwater Capital Management LP, the second-largest investor in Turquoise Hill Resources (TSX: TQR) has increased its stake in the Canadian company while again rejecting Rio Tinto (NYSE: RIO; LSE: RIO; ASX:…
Beaver Creek: Industry heavyweights weigh in on gold’s role in a changing world order
The Precious Metals Summit currently underway in Beaver Creek, CO has heard how gold is poised to play an increasingly important role in a changing global geopolitical landscape. During a…
Power issues delay SilverCrest’s first metal sale from Las Chispas
SilverCrest Metals (TSX: SILV), which is in the midst of commissioning its Las Chispas gold-silver mine in Sonora state, Mexico, said reliability issues with electricity supplies have caused unspecified delays…
Beaver Creek: Miners should hedge future carbon offset costs
As the energy revolution gathers momentum, so too intensifies the pressure from the investment community on miners to create net-zero emissions operations that produce sustainable upstream products feeding the new…
AngloGold earmarks US$143M to convert Brazil tailings to dry-stack
AngloGold Ashanti (NYSE: AU; ASX: AGG; JSE: ANG) has earmarked US$143 million to finish migrating its upstream mine waste storage facilities in Brazil, where two major tailings tragedies occurred in…
Beaver Creek: Osisko expects ‘world-class’ Windfall deposit to get even better in production
If Osisko Mining’s (TSX: OSK) two Lynx bulk sample programs to date are anything to go by, the market should expect substantial resource reconciliation upside once mining gets started in…
Tietto investment just the latest sign of China’s growing interest in West Africa
In January, Chifeng Jilong Gold Mining Co. acquired Canada’s Golden Star Resources and its Wassa gold mine in Ghana. Now the Chinese gold miner is investing A$49.3 million (US$33.9 million)…
Equinox Gold resumes operations at Los Filos
Equinox Gold (TSX: EQX; NYSE-AM: EQX) has resumed operations at its Los Filos mine in Mexico, which were halted last week as the result of a blockade by members of…