Rio2 to raise up to US$135 million for Fenix gold mine construction
The mine financing package would allow the company to maintain its current schedule for first gold production in Q4 2022.
Gold
The View from England: Silly season launched in Scotland
The British Broadcasting Corporation has launched a three-part TV series on a “mountain full of treasure,” and it’s in Scotland. Apart from being bullish for the valuation of Scotland’s first…
Top ten U.S.-based mid-tier and junior precious metal companies
This year’s ranking of the top ten U.S.-based mid-tier and junior precious metals companies based on market capitalization as of July 7, features a number of new entrants including i-80…
Yamana green lights development for Wasamac gold with higher production
Yamana Gold (TSX: YRI; NYSE: AUY; LSE: AUY) has given the go-ahead to develop the Wasamac gold mine, with study results showing more reserves, higher annual production and increased cash…
Endeavour Silver buys Nevada gold asset for US$100 million
The Bruner gold project is expected to become a low-cost, open pit, heap leach mine operation.
Thor Explorations expects first gold pour at Segilola by end of July
The mining fleet is now fully commissioned, and production is expected to quickly ramp up to its design capacity.
Maple Gold Mines to buy former Eagle mine in Quebec
Maple Gold Mines (TSXV: MGM; US-OTC: MGMLF) has entered into an option agreement with Globex Mining Enterprises (TSX: GMX; US-OTC: GLBXF) regarding the past-producing Eagle gold mine, 60 km southwest…
Barrick reports a fatality at Hemlo
Operations at Barrick Gold’s (TSX: ABX; NYSE: GOLD) Hemlo mine, about 350 kilometers east of Thunder Bay, Ontario, remains suspended after a contract worker died on site late Wednesday. Perenti,…
BC approves early construction at Artemis Gold’s Blackwater
British Columbia has granted a permit for early construction work at the Blackwater gold project belonging to Artemis Gold (TSXV: ARTG). This is the first step in construction of a…
Barrick’s Q2 gold production lower on production outages
Planned and unplanned maintenance shutdowns at Nevada Gold Mines in the US and Pueblo Viejo in the Dominican Republic have resulted in a 5.4% drop in the world’s second-largest gold…
Mako’s San Albino mine achieves commercial production milestone
Mako Mining (TSXV: MKO) has declared commercial production effective July 1 at its San Albino mine in northern Nicaragua. San Albino has a 500 tonne per day gravity and carbon-in-leach…
Updated: OceanaGold to restart Didipio mine after new deal with the Philippines
The Philippines has renewed the contract for OceanaGold‘s (TSX: OGC; ASX: OGC) Didipio gold and copper mine for another 25 years, after almost two years of the operation being halted…