Newmont to decide on $2 billion project in Peru by year-end
Yanacocha Sulfides would allow operations at the massive gold mine to continue beyond 2040.
Newmont
Barrick’s Q2 gold production lower on production outages
Planned and unplanned maintenance shutdowns at Nevada Gold Mines in the US and Pueblo Viejo in the Dominican Republic have resulted in a 5.4% drop in the world’s second-largest gold…
AngloGold names ex-BHP executive Calderon as new CEO
AngloGold Ashanti (NYSE: AU) has appointed former BHP executive Alberto Calderón as its new CEO, ending almost a year without a top boss, after Kelvin Dushnisky’s sudden departure last July. Calderón, a…
TSX up, June 21-25
The S&P/TSX Composite Index rose 1.15% to 20,230.26 during the June 21-25 trading week. The S&P/TSX Global Mining Index climbed 2.53% to 106.87, and the S&P/TSX Global Base Metals Index…
JV Article: Drilling advances understanding of gold system at Frotet in Quebec
Kenorland Minerals’ (TSXV: KLD) Frotet project in the Frotet-Evans greenstone belt of Quebec, 100 km north of Chibougamau, is shaping up to be a potentially significant gold system, says Zach Flood,…
David Garofalo’s Gold Royalty to acquire Ely Gold Royalties
Gold Royalty (NYSE-AM: GROY), which has a portfolio of 18 net smelter return royalties ranging from 0.5% to 2.0% covering 12 projects in the Americas, is acquiring Ely Gold Royalties (TSXV: ELY; US-OTC:…
Global Mining Symposium: Garofalo on Gold Royalty’s role in reversing the reserve decline
The precious metals-focused royalty and streaming business model continues to unlock value through win-win deals for exploration and development, Gold Royalty (NYSE-AM: GROY) CEO David Garofalo told The Northern Miner’s…
79North reports new gold discovery at Nassau project in Suriname
79North (CSE: JQ; US-OTC: SVNTF) has made a new discovery at its 20,000 hectare Nassau gold project in Suriname, about 20 km south of Newmont’s (TSX: NGT; NYSE: NEM) Merian…
Global Mining Symposium: Evolution Mining’s Jake Klein on margins over volume
In the first six months of fiscal 2021, Evolution Mining (ASX: EVN) banked over 50% of every ounce of gold it produced in terms of its EBITDA margins, posted a…
With gold M&A heating up, could Orezone’s Bomboré project be ripe for the picking?
Construction of Bomboré is underway after Orezone secured a $189M finance package.
Pandemic lops 8% off mining capex spend in 2020 — report
New research by S&P Global Market Intelligence has found that among more than 400 mining companies examined, actual capital expenditures fell 8% in 2020 regional lockdowns forced work stoppages and placed global…
JV Article: The creation of a new Canadian gold miner
Emerging Canadian junior Goldshore Resources ticks all the boxes to be a highly successful gold exploration and development company, says Brett Richards, Goldshore’s president and CEO. Goldshore has assembled a…