B2Gold reports record quarterly revenue
B2Gold (TSX: BTO; NYSE: BTG) reported consolidated gold revenue for the second quarter of the year at a record high of US$442 million, a 65% increase from the same period…
Gold
The Northern Miner Podcast – episode 195: CPM Group’s Jeffrey Christian on commodities, hydrogen engines and the next financial crisis, part 2
This week’s episode features the second of a two-part interview with CPM Group managing partner Jeffrey M. Christian at the Canadian Mining Symposium, held on Zoom from June 16-18, 2020….
Alamos expands high-grade zones at Island Gold mine
Alamos Gold (TSX: AGI; NYSE: AGI) has released exploration results from its Island Gold mine in Ontario, which extend high-grade areas at the Island East and Main zones, as well…
Rockhaven study shows strong economics at Klaza
An updated preliminary economic assessment (PEA) for Rockhaven Resources’ (TSXV: RK) wholly owned Klaza gold project in the Dawson Range gold belt outlines a 12-year, combined open-pit and underground operation…
Southern Empire to acquire MAS Gold
Southern Empire Resources (TSXV: SMP) is set to acquire all of the issued and outstanding common shares of MAS Gold (TSXV: MAS). The terms of the deal are that each…
Wallbridge expands Tabasco-Cayenne zones
Wallbridge Mining’s (TSX: WM) drill program at the wholly owned 85.6-sq.-km Fenelon gold project has expanded the Tabasco-Cayenne shear zones by 100 metres down-plunge. In addition, infill work continues to…
Centamin reviews expansion options as results exceed forecast
Egypt-focused gold miner Centamin (TSX: CEE; LSE: CEY) said today it is looking at expansion opportunities as soaring bullion prices and the country’s decision to open up its riches to…
US markets post slight gain, July 6-10
The Dow Jones Industrial Average rose 0.96% to 26,075.30 and the S&P 500 rose 1.76% to 3,185.04 during the July 6-10 trading week. Spot gold jumped US$24.20 per oz., or…
TSX posts slim increase, July 6-10
The S&P/TSX Composite Index rose 0.75% to 15,713.82 during the July 6-10 trading week. The S&P/TSX Global Mining Index rose 5.06% to 95.05, and the S&P/TSX Global Base Metals Index…
TSX Venture rises, July 6-10
The S&P/TSX Venture Composite Index rose by 8.17% to finish the trading week at 684.71. Spot gold closed at US$1,798.60 per oz. on July 10, a rise of US$24.20 per…
Porgera mine dispute escalates for Barrick, Zijin
Barrick Gold (TSX: ABX; NYSE: GOLD) has served a dispute notice to the Papua New Guinea (PNG) government over the country’s refusal to renew a licence for the Porgera mine….
Rising gold price and reserve depletion to drive M&A, Bank of America says
The total transaction value of mergers and acquisitions in the second quarter of the year reached US$2.86 billion in twelve deals, with Chinese buyers acquiring gold assets and smaller companies…