How mining figures in the BC election
The NDP and Conservative parties vying to govern British Columbia agree critical minerals projects need to be fast-tracked through permit stages. This week they released their platforms on mining. Premier…
Newmont
Beaver Creek: Fury Gold CEO slams market for stalled share price despite Quebec discovery
Beaver Creek, Colo. – Fury Gold Mines (TSX: FURY; NYSE: FURY) CEO Tim Clark says the market is undervaluing the company’s portfolio despite delivering a resource expansion and recent exploration…
Drilling at Founders’ Antino project expands Froyo, serves up Cupcake treat
New high-grade gold results at Founders Metals’ (TSXV: FDR, US-OTC: FDMIF) Antino project in southeast Suriname have almost doubled the size of its main Froyo zone, while also putting the…
AngloGold Ashanti to buy Centamin for US$2.5 billion
Deal hands AngloGold Egypt’s largest and first modern gold mine, and will make it the world’s no.4 producer of the precious metal.
Newmont sells Telfer, Havieron stake to Greatland Gold for US$475M
As part of its efforts to offload non-core assets, Newmont (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) has agreed to sell its Telfer mine and a 70% stake in…
US$1.4B value tops strong economics at G Mining’s PEA for Oko West gold project in Guyana
A new study for G Mining Ventures’ (TSX: GMIN; US-OTC: GMINF) Oko West gold project in north-central Guyana outlines a net present value (NPV) of US$1.4 billion over a 12.7-year…
JV Article: Sandvik’s versatile jumbo bolter improves mining operations at KGHM’s Victoria project
In June, DMC Mining Services started trialing Sandvik’s DD422i two-boom dual controls jumbo bolter at KGHM’s Victoria nickel-copper project in Ontario, 35 km west of Sudbury. The multi-purpose diesel-powered jumbo…
Australian gold production declines as miners adapt to record prices
Australia, the largest gold producer after China, produced slightly less of the yellow metal in the 12 months to June 30 as miners adjusted strategies for record high prices even…
People in Mining: Stephen Stewart’s tactical moves lift Ore Group on several fronts
A decade ago, Stephen Stewart launched Ore Group with a clear strategy: capitalize on distressed assets from the global financial crisis and develop them into high-potential projects. His approach has…
SolGold sets Cascabel project milestones to reach by year-end
Ecuador-focused SolGold (LSE: SOLG; TSX: SOLG) reaffirmed its commitment to de-risking and advancing its flagship Cascabel copper-gold asset through a set of milestones, in a progress update on Wednesday. The…
Franco-Nevada buys Yanacocha gold mine royalty for US$210M
Royalty and streaming company Franco-Nevada (TSX: FNV; NYSE: FNV) has agreed to pay Buenaventura up to US$235 million in cash and shares for a 1.8% net smelter return royalty (NSR)…
Consolidation in Western Australian gold sector to continue amid record prices
KALGOORLIE, WA — Record gold prices have set off a flurry of mergers and acquisitions over the past year in the Western Australian gold sector, with further consolidation still ahead,…