Kirkland Lake raises dividend on strong earnings
Kirkland Lake Gold (TSX:KL; NYSE: KL) reported third-quarter gold production of 339,584 oz., a 3% increase over the 329,770 oz. generated in the prior quarter. The Detour Lake and Fosterville…
Newmont
Maverix to acquire gold royalty portfolio from Newmont
Gold-focused royalty and streaming company Maverix Metals (TSX: MME; NYSE-AM: MMX) has entered into a binding agreement with Newmont to acquire a portfolio of 11 gold royalties on preproduction assets…
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…
Tectonic Metals drills high-grade gold at Tibbs project in Alaska
Tectonic Metals (TSXV: TECT; US-OTC: TETOF) has released the first set of drill results from the 2020 drilling campaign at its Tibbs gold project, located in the Goodpaster mining district, 175…
Water rights under scrutiny in Chile’s Atacama Desert
In one of the world’s driest deserts, the battle for water is heating up. Mining companies sifting northern Chile’s Atacama Desert for copper, lithium, and other minerals are increasingly finding…
‘Get creative’: Elim Mining’s John Antwi on copper fundamentals at the Global Mining Symposium
Mining executive John Antwi, president and director of privately held Elim Mining, spoke about the copper market on the third day of The Northern Miner’s Global Mining Symposium. Antwi and…
‘Gold is becoming mainstream’: Ronald-Peter Stoeferle on precious metals and mining stocks at the Global Mining Symposium
The Global Mining Symposium continued apace on the second day of the three-day event with Alisha Hiyate, editor at The Canadian Mining Journal, interviewing Ronald-Peter Stoeferle, managing partner and fund…
US markets mixed, Aug. 17-21
The Dow Jones Industrial Average fell 0.003% to finish the week at 27,930.33 and the S&P 500 rose 0.72% to 3,397.16. Spot gold climbed US$2.40 per oz., or 0.12%, to…
Pacton Gold uses AI to advance projects in Red Lake
In the summer of 1925, the discovery of gold in northwestern Ontario’s Red Lake region triggered the last great gold rush in North America. At the height of the gold…
Kirkland Lake signs strategic alliance agreement with Newmont in Northern Ontario
Kirkland Lake Gold (TSX:KL, NYSE:KL) and Newmont (TSX: NGT; NYSE: NEM) have signed a strategic alliance agreement to collaborate on exploration and development work in Northern Ontario. Under the terms…
Mexican gov’t greenlights Orla Mining’s Camino Rojo
Mexico has approved the environmental impact statement (EIS) for Orla Mining’s (TSX: OLA) Camino Rojo oxide gold project in Zacatecas state — clearing the way for mine construction to start….
Premier to buy Getchell gold project in Nevada
Premier Gold Mines (TSX: PG; US-OTC: PIRGF) has entered into a definitive purchase agreement with Waterton Global Resource Management to acquire a 100% interest in the Getchell gold project, which…