Lundin Gold raises production forecast for the year
Lundin Gold (TSX: LUG) has raised its production guidance and decreased its cost estimates for 2022, based on strong results in the first half of the year. The Vancouver-based miner…
Gold
Hochschild Mining granted environmental permit for Brazil gold project
Precious metals producer Hochschild Mining (LSE: HOC) has been granted a key permit that allows it to build a processing plan and kick off mine pre-stripping at the Mara Rosa…
Resource and grade growth bodes well for Osino’s Twin Hills prefeasibility
Osino Resources (TSXV: OSI; US-OTC: OSIIF) has released an updated resource estimate for the Twin Hills gold discovery in Namibia, which could add more ounces to the company’s impending prefeasibility…
Coeur Mining downgraded on heightened balance sheet risk
Despite Coeur Mining (TSX: CDE) reporting June-quarter production and costs mainly in line with Bay Street estimates, at least one analyst has downgraded the issuer while flagging concern over perceived…
B2Gold, AngloGold shelve Gramalote gold JV in Colombia
B2Gold (TSX: BTO; NYSE-AM: BTG) and AngloGold Ashanti (NYSE: AU; JSE: ANG;) have put their Gramalote gold joint venture in Colombia on hold. In a news release on Aug. 3,…
Imperial Metals’ Mount Polley restart faces budget shortfall; announces $45M financing
Imperial Metals (TSX: III) will secure additional funds for the restart of its Mount Polley mine by way of a convertible debenture financing totalling $45 million. The mine, which had…
TNM Drill Down: Top gold assays of the week July 29-Aug 4
TNM Drill Down, released every Monday, focuses on the top gold assays of the past week. Assays are ranked by gold grade x width, as identified by our sister company Mining Intelligence . Australia’s…
JV Article: Silvercorp Metals has significant silver production, development, and exploration exposure
Silvercorp Metals (TSX: SVM; NYSE: SVM) is expanding its mining operations to meet the growing demand for silver used in the solar panels and wind technologies that are powering the transition…
Adventus finalizes US$55M Trafigura offtake for El Domo; looks to raise another US$40M in debt
Adventus Mining (TSXV: ADZN) has finalized a US$55-million offtake financing agreement with Trafigura for the construction of its 75%-owned El Domo-Curipamba copper-gold project in Ecuador. Of the total US$248-million estimated…
BeMetals lands US$5M loan from B2Gold
BeMetals (TSXV: BMET; OTC: BMTLF), which made its name in the gold sector by acquiring a portfolio of exploration projects in Japan, has announced a US$5-million loan from strategic investor…
Turquoise Hill flags US$200M cost increase at Oyu Tolgoi
Canada’s Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) flagged after markets closed on Thursday a US$200-million cost increase for the ongoing expansion of the massive Oyu Tolgoi copper-gold mine in…
Torex Gold continues to deliver on production, cost guidance with strong Q2
Torex Gold Resources (TSX: TXG) shares saw a nearly 15% bounce in trading today after the Mexico-focused miner posted second quarter results that beat analysts’ expectations. The company produced a…