Pure Gold completes PEA on satellite deposits at Madsen
Mining three satellite deposits that outcrop within one to three kilometres of the Madsen mill at its Madsen project in Red Lake, Ont., would add roughly $51 million in after-tax…
Gold
Anaconda initiates feasibility at Goldboro near Halifax
Anaconda Mining (TSX: ANX; US-OTC: ANXGF) is working on a feasibility study for its Goldboro gold project in Nova Scotia, 175 km northeast of Halifax. The company started the study…
Barrick launches hostile bid for Newmont
A merger of Newmont Mining (NYSE: NEM) and Barrick Gold (TSX: ABX; NYSE: GOLD) would create over US$7 billion in real synergies, with more than half of them stemming from…
OceanaGold reports maiden resource for WKP in New Zealand
OceanaGold Corp. (TSX: OGC; ASX: OGC) has published an initial resource estimate for its high-grade discovery at WKP, 10 km north of its Waihi gold mine in New Zealand. WKP…
Interview: NWT Minister Schumann on new minerals act, road building
Although the Northwest Territories is deep in the grip of winter, there have been several major mining-related developments in the last two months in the areas of new mining legislation…
Kirkland Lake Gold boosts production forecast 2019–2021
A jump in the reserve grade and tonnage at Fosterville in Australia — already one of the highest grade and most profitable gold mines in the world — will help…
OceanaGold tables resource at WKP prospect in New Zealand
OceanaGold (TSX: OGC; US-OTC: OCANF) has tabled a maiden resource at its WKP gold prospect, 10 km north of its Waihi gold mine in New Zealand. WKP’s East Graben vein…
Nighthawk finds more high-grade gold showings in NWT
Regional exploration last year on its Indin Lake gold property, 200 km north of Yellowknife in the Northwest Territories, turned up high-grade gold in grab samples from three areas, including…
US markets post slight gain, Feb. 18-22: Newmont, Rio Tinto
The Dow Jones Industrial Average rose 0.57% to 26,031.81, while the S&P 500 Index increased 0.62% to 2,792.67. Spot gold finished the week at US$1,337.80 per oz., up US$16.40 per…
Bristow seeks to build the world’s most valuable gold company
In a one hour and forty-five minute conference call on Feb. 13, barely seven weeks after the merger of Barrick Gold (TSX: ABX; NYSE: GOLD) and Randgold Resources became effective…
Golden Star boosts Father Brown inferred resource 93%
Golden Star Resources (TSX: GSC; NYSE: GSS) has boosted the inferred resource at its Father Brown gold project in Ghana 93% to 2.3 million tonnes grading 6.4 grams gold per…
Harte Gold completes resource update for Sugar
Harte Gold’s (TSX: HRT; US-OTC: HRTFF) Sugar Zone gold mine in northern Ontario reached commercial production on Jan. 1, and permitting is underway to increase throughput to 800 tonnes per…