Victoria Gold’s new credit facilities expected to lower carrying costs in 2021
Victoria Gold (TSX: VGCX) says an agreement with a syndicate of banks for a secured US$200 million debt facility will cut carrying costs by about 50% in 2021. The credit…
Gold
Pure Gold becomes Canada’s newest gold producer
Pure Gold Mining (TSXV: PGM; LSE: PUR; US-OTC: LRTNF) poured its first gold in the final week of 2020 at its PureGold mine in Red Lake, Ontario and the company…
McEwen Mining completes feasibility for Fenix in Mexico
A feasibility study has outlined a nine and a half year mine life for McEwen Mining’s (TSX: MUX; NYSE: MUX) 100%-owned Fenix project in Sinaloa state, Mexico. The Fenix project…
Newcrest moves ahead with Gorbea project in Chile
Mirasol Resources (TSXV: MRZ) announced that Newcrest Mining (TSX: NCM) has exercised its option to enter the farm-in phase of its joint venture to develop the Gorbea gold project in Chile by…
Anti-mining activists attack Curimining worker in Ecuador
A group of anti-mining activists attacked a worker that leads community relations for Curimining, the Ecuadorian company in charge of developing the Curipamba copper-gold project, held by Adventus Mining (TSXV:…
Kirkland Lake Gold reports wide, high-grade intersections at Detour Lake
Kirkland Lake Gold (TSX: KL; NYSE: KL) announced results from 25 holes (19,523 metres) and one wedge hole (1,110 metres) of drilling at the Detour Lake property in northern Ontario….
The father, the son and the holy atom
“IL EST MORT! He is dead!” At least that was the verdict of five French doctors who were on their way to a medical convention on the Paris to London…
Canada rejects Shandong’s bid to buy TMAC
The Canadian government has rejected Shandong Gold Mining’s bid to acquire TMAC Resources (TSX: TMR), the companies said. In a filing to the Shanghai Stock Exchange, Shandong Gold said it had…
Roxgold receives mining permit approval for Seguela
Cote d’Ivoire’s Council of Ministers has granted Roxgold (TSX: ROXG; US-OTC: ROGFF)a mining permit that allows the company to develop and operate its Seguela gold project, 240 km northwest of the capital,…
Nighthawk drills 155 metres of 1.36 g/t gold at the Colomac Main Sill
Nighthawk Gold (TSX: NHK; US-OTC: MIMZF) has released assay results for four drillholes completed at zones 2 and 2.5 of the Colomac Main Sill within its Indin Lake gold property…
Almaden denied environmental permit for Ixtaca project in Mexico
Mexico’s federal permitting authority, SEMARNAT, has rejected the environmental permit application (MIA) for Almaden Minerals’ (TSX: AMM) Ixtaca gold-silver deposit, one of the country’s significant precious metal discoveries. The company…
Kore Mining’s ‘portfolio strategy’ has paid off says Scott Trebilcock
It’s been a busy year for Kore Mining (TSXV: KORE; US-OTC: KOREF). The junior exploration and development company has completed preliminary economic assessments for two gold deposits and advanced its exploration-stage projects. “The…