Gold Fields to buy Osisko in US$1.6B cash deal
South Africa’s Gold Fields (NYSE: GFI; JSE: GFI) is buying Canada’s Osisko Mining (TSX: OSK) in a deal valued at $2.1 billion (US$1.6 billion) as record-breaking prices for the precious…
Gold Fields
Gold Fields buys into Torq’s copper project in Chile
Gold Fields (NYSE: GFI; JSE: GFI) may invest US$48 million to advance Torq Resources’ (TSXV: TORQ; OTC: TRBMF) early-stage Santa Cecilia copper-gold project in Chile, according to a preliminary joint venture agreement. …
South Africa’s unity rule may boost mining
South Africa’s new coalition government with a pro-business party could help the world’s leading platinum producer improve its troubled power and rail networks getting metal to market, analysts say. The…
Nevada King Gold drill testing scores high grades
Drilling at Nevada King Gold’s (TSXV: NKG; US-OTC: NKGFF) Atlanta project in the company’s namesake state has returned strong gold and silver results from three holes in the second stage…
Heavy storms wash out Australian gold production
Gold output in Australia fell 9% in the first quarter after tropical storms flooded mines and halted some operations, consultancy Surbiton Associates says in a new report. Gold production dropped from…
Chinchillas fluster Gold Fields’ Chile plans
Gold Fields has 10 days to prove there are no rodents living in the Salares Norte mine area or it will face fresh sanctions.
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…
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…
TNM Drill Down: Collective tops assays again with Guayabales project in Colombia
Our TNM Drill Down features highlights of the best gold assays of the March 8-15 period. Drill holes are ranked by gold grade x width as identified by data company…
Net-zero goal within reach, or is it, new surveys argue
Solar energy will dominate the mining industry by 2040, or it will take an additional 20 years, according to two new executive surveys from different sides of the globe. Mining…
Galiano Gold discovers double-digit grams at Asanko in Ghana
Galiano Gold (TSX: GAU; NYSE: GAU) says it’s found a new high-grade zone below the Abore pit at the Asanko gold mine in Ghana that it operates in a joint venture…
PDAC 2024: Burzynski on Windfall’s excess; Wabun, O3, Lundin, McConnell also awarded
John Burzynski, Osisko Mining’s (TSX: OSK) chairman and CEO, recalls how exploration drilling at the Windfall gold project in Quebec set a few records and ruined an entire generation of…