Perseus sells Montage Gold stake for $61M
Perseus Mining (ASX, TSX: PRU) has divested its equity stake in Canada’s Montage Gold (TSXV: MAU) for $61.4 million to help finance an investment in a Guinea gold project. The…
Gold
Podcast: ‘The gold price action is not a Western story’, ft Canaccord Genuity’s Cam Currie
In this week’s episode, Cam Currie, senior investment advisor at Canaccord Genuity and founder of Currie Metals and Mining Group, joins host Adrian Pocobelli to analyze the recent surge in…
Regis takes US$130M hit on Australian project in new heritage zone
Regis Resources’ (ASX: RRL), the third-largest gold miner on the ASX, says its McPhillamys project in Australia has lost almost all of its value after the federal government issued an…
Oroco boosts economics at Santo Tomas copper project in Mexico to lead peers
Oroco Resource (TSXV: OCO; US-OTC: ORRCF) says a new study makes its Santo Tomas copper project in western Mexico one of the world’s most capital-efficient by hiking its value 23% while…
Victoria Gold CEO McConnell axed
Victoria Gold (TSXV: VGCX) CEO John McConnell has lost his job, the CBC reports. PricewaterhouseCoopers, the firm handling Victoria’s Eagle mine in the Yukon after it was forced into receivership…
TNM Drill Down: Dundee in Serbia tops gold assays for year to date
The Northern Miner has compiled the top 10 drill results year-to-date for major metals, including gold. Here, we present the best gold assays for the year to July 31. Drill…
Collective Mining fuses gold deposits into larger system at Guayabales in Colombia
Collective Mining (NYSE: CNL; TSX: CNL) says new drill results connect its Apollo and nearby Olympus deposits at the Guayabales project in Colombia, creating a mineralized system spanning about 1,000…
Regis Resources says Australian project ‘not viable’ after minister’s order
Australian gold miner Regis Resources (ASX: RRL) warned on Monday that its McPhillamys project is “not viable” due to a last-minute environmental protection declaration by the federal government. The company…
Mining could resume at Eagle despite Victoria’s end, Yukon says
The Yukon government didn’t intend to shutter Victoria Gold’s (TSXV: VGCX) Eagle Gold mine permanently, or for the company’s board to resign, it said Friday, despite moving this week to…
Australia’s Westgold gets reserve boost from South Junction
Australia’s Westgold Resources (TSX: WGX; ASX: WGX) has replenished gold reserves at its Bluebird-South Junction mine complex with its first-ever reserve estimate for South Junction, in Western Australia. Junction South…
Video: Aurania pivots from Ecuador to Europe
Aurania Resources (TSXV: ARU; US-OTC: AUIF), led by a key member of the Aurelian Resources team that discovered the rich Fruta del Norte gold mine in Ecuador, is turning away…
G Mining sells first gold from Tocantinzinho
The project remains on schedule for commercial production in the second half of 2024.