Victoria Gold acquires Sabre Gold’s Yukon assets for $13.5M
Victoria Gold (TSXV: GCX) is acquiring all of Sabre Gold Mines‘ (TSX: SGLD) assets located in the Yukon, which include the former-producing Brewery Creek mine as well as the Gold…
Gold
First Majestic shares rise as it gets into the minting business
Shares of precious metals producer First Majestic Silver (TSX: FR; NYSE: AG) were up 5% on Friday after it announced it has opened a 100%-owned and operated minting facility in…
Gold Fields cuts production targets in Chile on project delay
Shares in Gold Fields (NYSE: GFI; JSE: GFI) took a hit on Friday after the South African miner said it will pour first gold at its Salares Norte project in…
Beaver Creek: Osisko’s Windfall will ‘outlive all of us,’ says CEO Burzynski
Quebec-focused Osisko Mining‘s (TSX: OSK) chairman and CEO, John Burzynski, expects the company’s flagship Windfall project’s resource to double to a staggering range of 15-20 million oz. gold at double-digit…
Sibanye-Stillwater gold mine restructuring to put 3,000 jobs at risk
Precious metals miner Sibanye-Stillwater (NYSE: SBSW; JSE: SSW) will enter talks with labour unions over a possible restructuring at one of its South African gold mines, it said on Thursday….
Beaver Creek: Wide disconnect between equities and commodity prices offers buying opportunity
The discrepancy between mining company valuations and commodity prices is at its worst levels in decades, the Precious Metals Summit in Colorado heard this week. “This is probably the worst…
Quebec Snapshot: Eight companies exploring for gold and battery metals
Canada’s largest province by land mass hosts mineral-rich deposits in undeveloped remote areas as well as projects connected to the southern road network. Here’s a glimpse of eight companies advancing…
Beaver Creek: Mining tycoons ponder gold’s role in looming financial ‘reset’
Mining magnates Frank Giustra and Rob McEwen had a friendly audience yesterday at the Precious Metals Summit in Beaver Creek, Colo., as they outlined the key role they expect gold…
Blast it! How rock hardness inflates mining costs
Rock hardness, or the compressive strength of ore that has to be blasted, chipped or otherwise dug out of the earth, is an often-overlooked cost to mining. Research by Costmine…
Beaver Creek: Critical minerals shine at precious metals summit
The mining sector, a longstanding pillar of the global economy and even more important now with rising attention to critical metals and secure supply in Western nations, is facing emerging…
Red Lake Camp keeps giving as Frank Giustra-backed explorer hits bonanza gold
Industry financier Frank Giustra’s first foray into gold exploration struck it big Tuesday, reporting bonanza gold grades of more than a kilogram per tonne at its Rowan property in the…
ATEX Resources stock rises on Valeriano resource update
ATEX Resources (TSXV: ATX) saw a significant boost in its share price Tuesday after it issued an updated resource estimate for the Valeriano project located in Chile’s Atacama region. The…