Endeavour Mining pours first gold at Senegal mine expansion
Endeavour Mining (LSE: EDV; TSX: EDV) reported on Monday it poured first gold at its Sabodala-Massawa mine in Senegal on April 18, marking the successful delivery of the BIOX expansion…
Gold
AngloGold Ashanti project in Colombia hit by court-backed mining ban
AngloGold Ashanti’s (NYSE: AU) stalled La Colosa gold project in Colombia faces another setback after a local court upheld a mining ban. The 10th Administrative Court of Ibagué, the capital…
Abitibi Metals probes new copper area at B26 in Quebec
Abitibi Metals (CSE: AMQ; US-OTC: AMQFF) says a new copper target west of its B26 polymetallic deposit in northern Quebec shows potential for expanding the project. Assays from the Satellite West…
South Africa votes 30 years after Mandela’s victory but mining challenges persist
South Africa goes to the polls on May 29 after three decades of democracy but even a transformed mining sector faces persistent challenges, the industry says. South Africa has produced…
Silvercorp diversifies into South America with $200M deal for Adventus
Silvercorp Metals (TSX: SVM; NYSE : SVM) is diversifying into South America with the acquisition of Adventus Mining (TSXV: ADZN; US-OTC: ADVZF) and its 75% interest in the El Domo…
Alpha drill results expand gold zones at Kerkasha project in Eritrea where Italians used to mine
Alpha Exploration (TSXV: ALEX) says drill results extend mineralization at the Kerkasha gold project in Eritrea with a double-digit grams assay. Drill hole ABRD113 cut 5 metres grading 11.03 grams gold per…
Newcore hikes Enchi gold project value 75% on higher forecast output, bullion price
Newcore Gold (TSXV: NCAU, US-OTC: NCAUF) shares jumped to a 12-month high Thursday after the company increased the net present value (NPV) of the Enchi gold project in Ghana by…
Lundin Gold becomes debt free with US$330M repayment to Newmont
Lundin Gold (TSX: LUG; US-OTC: LUGDF) has negotiated a deal with Newmont (TSX: NGT; NYSE: NEM) to buy out the stream credit facility and offtake agreement for its Fruta del…
Equinox Gold buys out Orion for almost US$1B as it readies Greenstone for first gold
Equinox Gold (TSX: EQX; NYSE-AM: EQX) is buying partner Orion Mine Finance’s 40% stake in their new Greenstone gold mine in Ontario for US$995 million in cash and shares as it…
Power Nickel earns 80% of Nisk project in Quebec, adds polymetallic zone
Power Nickel (TSXV: PNPN; US-OTC: PNPNF) increased its ownership of the Nisk project to 80% from Critical Elements Lithium (CRE: TSXV) and reported new drill results from a polymetallic zone. The…
Hochschild meets output targets, dividends uncertain
Hochschild Mining (LSE: HOC) said on Wednesday it’s on track to achieve its production targets for 2024 after an increase in gold output boosted its overall first-quarter production. The U.K.-based…
TNM Drill Down: West African Resources posts second top assay in a month from Burkina Faso
Our TNM Drill Down features highlights of the best gold assays of the April 12-19 period. Drill holes are ranked by gold grade x width as identified by data company Mining…