Big backers see promise in Nunavut gold
BG Gold, flush with $8.2 million in a new private capital raising from major industry investors, is preparing to drill this spring at its Whale Cove project in Nunavut. …
Gold
VIDEO: Ross Beaty on what’s next for junior miners as investors shun the space
Mining veteran Ross Beaty says he’s never seen a market like the current one, where gold and copper are at or near all-time highs, but “there’s absolutely no money for…
Bougainville Copper soars on Panguna licence extension
Shares in Bougainville Copper (ASX: BOC) rose as much as 64.3% to A57¢, on Friday, their biggest intraday percentage gain since February 2022, after receiving a five-year extension for its exploration licence…
BC’s Nisga’a plan to launch public royalty co
The Nisga’a Nation in northwest B.C. is forming Canada’s largest Indigenous-majority owned public royalty company, demonstrating the increasing power of First Nations in resource development. A new agreement announced Thursday…
Thesis Gold drills 60 metres of 4.53 grams gold ahead of first resource for Ranch
Thesis Gold (TSXV: TAU; US-OTC: THSGF) shares closed the day 5.6% higher on positive drill results from its Ranch gold project in British Columbia. The results will be incorporated into…
China’s Zhaojin extends offer period for Tietto Minerals again
Zhaojin Mining has once again extended the offer period in its bid for Australia’s Tietto Minerals (ASX: TIE), a West Africa-focused gold producer. Zhaojin is currently Tietto’s second-biggest shareholder with…
Alamos Gold fell victim to cyberattack last year – report
Alamos Gold (TSX: AGI; NYSE: AGI) fell victim to a cyberattack last year that saw confidential corporate data get disclosed to the public, according to an exclusive scoop by Toronto-based…
South32 hits IGO with $107M royalty lawsuit
South32 (ASX: S32) is taking battery metals producer IGO (ASX: IGO) to court over royalty payments worth A$122.1 million ($107 million) it claims to be owed, which are related to the Tropicana gold…
VRIC: Gold set to gain as shine comes off US dollar
Escalating U.S. debt and a global move away from the U.S. dollar as the world’s reserve currency presents opportunity for gold and a complex landscape for mining, a recent industry…
B2Gold speeds towards Q3 resource at Antelope, near Otjikoto mine in Namibia
B2Gold (TSX: BTO, NYSE-AM: BTG) says drill results released today confirm the potential to expand production at its Otjikoto mine in Namibia. The results were from drilling conducted last year…
Barrick to spend US$136M on closure of failed Pascua-Lama project
Barrick Gold (TSX: ABX; NYSE: GOLD) plans to spend US$136 million to definitively close its failed Pascua-Lama gold-silver project, straddling the border with Argentina. Its subsidiary, Compañía Minera Nevada, has submitted…
Lumina Gold kicks off feasibility study for Ecuador project
Lumina Gold (TSXV: LUM) has hired Ausenco Engineering to lead the feasibility study for its Cangrejos gold-copper project in Ecuador, which the company said is the world’s top 15 gold…