Pure Gold Mining sends first ore to the mill in Red Lake
Emerging miner Pure Gold Mining (TSXV: PGM; LSE: PUR) has introduced first ore to the mill at its PureGold mine in Red Lake, Ontario. With first gold production expected later…
Gold
Equinox to buy Premier Gold in US$480M all-stock deal
Equinox Gold (TSX: EQX; NYSE-AM: EQX) is buying fellow miner Premier Gold Mines (TSX: PG), which will spin out its Nevada assets in a new U.S.-focused gold miner to be…
Aurania gathers evidence of ancient mine corridor at Lost Cities – Cutucu project
Aurania Resources (TSXV: ARU; US-OTC: AUIF) reported that it found more evidence of ancient roads and peculiar landforms that may be old prospecting or mine sites near its Lost Cities…
Rio Tinto’s $6.75B Oyu Tolgoi expansion to kick off production in 2022
Rio Tinto (NYSE:RIO; LSE: RIO; ASX: RIO) unveiled on Wednesday that underground production from the Oyu Tolgoi copper-gold mine in Mongolia is slated to begin in October 2022, adding that…
Roxgold grows Seguela resources in West Africa
Gold miner Roxgold (TSX: ROXG; US-OTC: ROGFF) has released an updated resource estimate for its Seguela gold project in Cote d’Ivoire. The update features growth in the total ounce inventory,…
Great Panther replaces Tucano inventory
Gold and silver producer Great Panther Mining (TSX: GPR; NYSE-AM: GPL) has tabled a mineral reserve and mineral resource (MRMR) update for its wholly owned Tucano open pit mine in…
Resolute Mining sells Bibiani to Chinese group
Australia’s Resolute Mining (LSE: RSG; ASX: RSG) has agreed to sell its Bibiani gold mine in Ghana to China’s Chifeng Jilong Gold Mining for US$105 million in cash. The Western Australia-based…
Battle North tables McFinley zone resource with potential to supplement Bateman feed
Developer Battle North Gold (TSX: BNAU; US-OTC: BNAUF) has released a resource estimate for the McFinley zone, located along a 4-km long corridor stretching out from the F2 gold deposit…
Garrison PEA from O3 Mining suggests low-capex project
O3 Mining (TSXV: OIII) has released the results of a preliminary economic assessment on its Garrison gold project in Ontario’s Kirkland Lake region. The study suggests a ‘low capital intensity’,…
The View from England: Gold supported by the divine proportion
What a Leap Year it has been! Quite apart from Brexit in Europe, a chaotic Presidential election in the United States and Covid-19 everywhere, we have uncertainty over the price…
US markets slip, Dec. 7-11
The Dow Jones Industrial Average fell 0.57% to finish the trading week at 30,046.37 and the S&P 500 declined by 0.96% to 3,663.46. Spot gold dropped US$24.50 per oz., or…
TSX mixed, Dec. 7-11
The S&P/TSX Composite Index rose 0.16% to 17,548.92 during the Dec. 7-11 trading week. The S&P/TSX Global Mining Index fell 0.08% to 99.28, and the S&P/TSX Global Base Metals Index…