US markets mixed, April 26-30
The Dow Jones Industrial Average slipped 0.50% to finish the week at 33,874.85 and the S&P 500 rose 0.02% to 4,181.17. Spot gold declined by US$7.80 per oz., or 0.44%,…
Newmont
RANKED: World’s top 10 biggest gold mines
Despite being adversely affected by the Covid-19 pandemic, global gold production still surpassed 100 million ounces in 2020 and is expected to bounce back this year as economies continue to recover…
Tier One Silver on cusp of drilling Curibaya in Peru
In October, Auryn Resources was reorganized and split into three separate companies — Canada focused Fury Gold Mines (TSX: FURY NYSE-AM: FURY) and Peru-focused Sombrero Resources and Tier One Silver….
Evolution to acquire Battle North in $343M all-cash deal
Australia-based producer Evolution Mining (ASX: EVN) is acquiring Red Lake-focused gold developer Battle North Gold (TSX: BNAU) in a $343-million, $2.65 a share, all-cash deal. The two companies have entered…
Newmont to buy GT Gold
Newmont (TSX: NGT; NYSE: NEM), the world’s No. 1 gold miner, is acquiring all the shares it doesn’t already own in Canadian explorer GT Gold (TSXV: GTT) in a cash deal…
PDAC: Exploring 30 years of global gold endowment with Flydentity’s Douglas Silver
The first keynote address of this year’s Prospectors and Developers Association (PDAC) of Canada convention was particularly germane given that PDAC is the world’s largest mining conference, most publicly listed…
Is copper the new gold?
One of the key themes that emerged from the 30th BMO Global Metals & Mining conference last week was the desire among many gold and base metal companies to increase…
Sibanye-Stillwater calls for mega-merger with AngloGold, Gold Fields
Sibanye-Stillwater (NYSE: SBGL) said today that South Africa’s top gold miners should merge and create a rival to the world’s largest producers, Newmont (TSX: NGT; NYSE: NEM) and Barrick Gold…
Unigold hits high-grade mineralisation at depth on Neita concession in the Dominican Republic
Unigold (TSXV: UGD; US-OTC: UGDIF) has released the latest drill results from its exploration program at the Candelones Extension deposit, part of the company’s wholly-owned Neita concession in the Dominican Republic,…
Fury reports 7 metres of 11.56 g/t gold in Eau Claire step-out
Fury Gold Mines (TSX: FURY; NYSE: FURY) has released assay results for the first five drillholes completed as part of a 25,000-metre program focused on expanding and upgrading the highest-grade…
Newmont updates industry-leading reserve portfolio
Newmont (TSX: NGT; NYSE: NEM) has reported its 2020 year-end reserve and resource update, and its 94.2 million oz. of attributable gold reserves are the largest in the industry, the…
TSX up, Feb. 1-5
The S&P/TSX Composite Index jumped 4.61% to 18,135.90 during the Feb. 1-5 trading week. The S&P/TSX Global Mining Index rose 3.29% to 104.10, and the S&P/TSX Global Base Metals Index…