Barrick Gold’s mines in Tanzania reach Tier One status
Barrick Gold (TSX: ABX; NYSE: GOLD) says it has succeeded in taking its North Mara and Bulyanhulu gold mines in Tanzania from “moribund” to Tier One assets. Barrick, which took…
Gold
Endeavour Mining and Fortuna Silver operations unaffected by Burkina coup
Endeavour Mining (TSX: EDV; LSE: EDV; US-OTC: EDVMF) and Fortuna Silver Mines (TSX: FVI; NYSE: FSM) say their mines in Burkina Faso have not been affected after a military junta seized control of the country…
Macassa #4 shaft reaches 1,950 metres, to be completed late 2022
Kirkland Lake Gold (TSX: KL; NYSE: KL; ASX: KLA) announced that the new, $240 million #4 shaft at its Macassa gold mine reached its planned depth of 1,950 metres on…
Fortune Minerals plans Alberta cobalt refinery
Fortune Minerals (TSX: FT) intends to buy a defunct steel processing plant in Alberta and turn it into a cobalt refinery. The company says the plant, which it will purchase for $5.5 million, will significantly reduce the…
In charts: Gold rally defies traditional headwinds
Bank of America expects the gold price rally to persist despite a challenging macro backdrop. Gold continues trading above $1,800 per ounce despite the respective 10-year interest rates and Dollar…
More than 100 injured, at least a dozen dead after blast in Ghana’s mining region
At least 13 people have been killed and more than 100 injured after a vehicle carrying explosives to a gold mine exploded after colliding with a motorcycle in western Ghana, police and government officials say. …
Kibali achieves 2021 guidance; set for third year of net DRC gold reserve growth
Barrick Gold (TSX: ABX; NYSE: GOLD) says its Tier One Kibali gold mine in the Democratic Republic of Congo has achieved its 2021 production guidance with the total output amounting…
Newcrest expands footprint in Canada with Pretium buy
Newcrest Mining (ASX, TSX: NCM) is expanding its footprint in Canada, particularly in British Columbia’s Golden Triangle, after shareholders in Pretium Resources approved the Australian miner’s bid for the company….
Imperial Metals surrenders giant copper project to B.C. government
Imperial Metals (TSX:III) has entered into a memorandum of agreement with British Columbia to surrender the mining rights of its Giant Copper project, located between Hope and Princeton and surrounded…
Kumtor exceeds 2021 gold production guidance under nationalized management
The Kumtor Gold Company (KGC) says the nationalized Kumtor gold mine in Kyrgyzstan had exceeded production guidance for 2021. Under the new external management, which took over the asset when…
Antofagasta says Chile water shortage to hit 2022 production
Chilean miner Antofagasta (LSE: ANTO) is expecting annual copper production for 2022 to be below last year’s levels, as operations continue to be impacted by the country’s longest drought in…
Video Interview: Alamos Gold reflects on Island Gold exploration success
With three operational gold mines in Canada and Mexico, as well as a number of other development projects, Alamos Gold (TSX: AGI; NYSE: AGI) continues to build on its reputation…