Vietnam lifts state monopoly on gold
Vietnam, the third-largest importer of gold in Asia, issued a decree on Tuesday abolishing its 13-year-old state monopoly on gold trading, causing a spike in local prices even as the…
Gold
Kyrgyzstan kicks off underground gold mining at Kumtor
Kyrgyzstan has begun underground production at Kumtor, one of Central Asia’s largest bullion mines, which officials say could contain up to 147 metric tonnes of reserves. President Sadyr Japarov nationalized…
Troilus, Torngat ink offtakes on Carney’s German mission
Troilus Gold (TSX: TLG; US-OTC: CHXMF), which is developing a $1.1-billion (US$800-million) capex brownfield mine project in Quebec, has signed a preliminary copper offtake agreement with a German smelter during Prime…
Omai project now second highest by gold oz in Guyana
Omai Gold Mines’ (TSXV: OMG; US-OTC: OMGGF) updated resource for its namesake project in central Guyana ranks it as the country’s second-largest undeveloped yellow metal project by contained ounces. Shares…
Aris to exit Canada after $25M deal
Aris Mining (TSX: ARIS; NYSE-AM: ARMN) is set to leave Canada with the sale of its Juby gold project, its sole Canadian asset, to McFarlane Lake Mining (CSE: MLM; US-OTC:…
Kenorland starts resource with 26-g gold hit in Quebec
Kenorland Minerals (TSXV: KLD; US-OTC: KLDCF) has reported more high-grade assays from the Frotet project in northern Quebec with an initial resource on its Regnault gold system due in the…
Avino buys back La Preciosa royalties for $22M
Avino Silver & Gold Mines (TSX, NYSE-A: ASM) said Monday it has bought down and extinguished all royalties and remaining payments for full ownership of its La Preciosa project in…
Aldebaran denies $1.5B Altar project cost on Reuters
Aldebaran Resources (TSXV: ALDE; US-OTC: ADBRF) disputes a Reuters report on Friday that an economic study due next month on the Altar copper-gold project in Argentina will show costs of…
Pan American locks $2.1B takeover of MAG Silver
Pan American Silver (TSX, NYSE: PAAS) has secured final regulatory approval to complete its $2.1-billion (C$2.9-billion) acquisition of MAG Silver (TSX, NYSE: MAG), cementing control over one of Mexico’s most…
Gold boom drives rising costs for Aussie producers
As Australian gold producers set forecasts for their 2026 performance, a clear trend has emerged that sets them apart: costs are expected to rise even as non-gold miners predict lower…
First Nordic finds new gold bodies at Aida in Sweden
Recent drill results by First Nordic Metals (TSX.V: FNM; US-OTC: FNMCF), in which Agnico Eagle Mines (TSX, NYSE: AEM) holds a stake, have identified new gold-bearing structures at its Aida…
Aldebaran suggests $1.5B to build Altar in Argentina
Aldebaran Resources (TSXV: ALDE; US-OTC: ADBRF) says an economic study due next month on its Altar copper-gold project in Argentina will contain a $1.5-billion (C$2.09-billion) construction figure. The preliminary economic…