Kinross and S2 team up to find Finnish gold
Kinross Gold (TSX: K; NYSE: KGC) has signed a US$9.5 million farm-in agreement with a Finnish subsidiary of Australia-based S2 Resources (ASX: S2R) to look for gold. The agreement covers…
Kinross Gold
US markets slip, May 10-14
The Dow Jones Industrial Average slipped 1.14% to finish the week at 34,382.13 and the S&P 500 fell 1.39% to 4,173.85. Spot gold increased by US$13.20 per oz., or 0.72%, to…
Lundin Gold sees record production at Fruta del Norte
Canada’s Lundin Gold (TSX: LUG) has reported record gold production for the March quarter, which marked a year since its Fruta del Norte gold-silver mine in Ecuador, the country’s largest, kicked…
Nighthawk Gold hunts for more near-surface mineralization at Indin Lake project
Nighthawk Gold (TSX: NHK; US-OTC: MIMZF) hopes to develop Canada’s next gold camp at its 100%-owned Indin Lake gold project in the Northwest Territories, about 220 km north of Yellowknife, says…
Premier unveils top-level team for i-80 Gold
Premier Gold Mines (TSX: PG; US-OTC: PIRGF) has picked the management team for new U.S.-focused gold miner i-80 Gold Corp., a company formed as part of the $612 million (US$478 million)…
Gold Fields begins construction of Chilean project
South African miner Gold Fields (NYSE: GFI) has formally begun construction of the mining infrastructure for its Salares Norte project in northern Chile. The company expects to complete the US$860 million project in late 2022, with…
Victoria Gold’s John McConnell on launching a mine during a pandemic
Victoria Gold (TSXV: VGCX) commenced production at its Eagle heap-leach mine in the Yukon on July 1 – perhaps the only new gold mine in the world to launch in…
Young Mining Professionals announces 2020 scholarship winners
Young Mining Professionals (YMP) has announced its 2020 scholarship recipients. A total of $61,500 in scholarships has been awarded to students studying mining-related programs in Canada. “The scholarships are not…
TSX up, Sept. 28-Oct. 2
The S&P/TSX Composite Index rose 0.83% to 16,199.25 during the Sept. 28-Oct. 2 trading week. The S&P/TSX Global Mining Index increased 0.14% to 96.25, and the S&P/TSX Global Base Metals…
Kinross to acquire 70% of Peak Gold project in Alaska for US$94M
Kinross Gold (TSX: K; NYSE: KGC) says it plans to strengthen its medium-term production and cash flow profile with the US$93.7 million acquisition of the Peak Gold project in Alaska,…
US markets slip, Sept. 14-18
The Dow Jones Industrial Average fell 0.03% to finish the Sept. 14-18 trading week at 27,657.42 and the S&P 500 Index dropped by 0.84% to 3,319.47. Spot gold climbed US$8.80…
Gold output to fall 1.7% in 2020 on shutdowns: report
The suspension of mining activities due to the Covid-19 outbreak in the second quarter of this year will result in a 1.7% decline in global gold production in 2020, says…