Bronze bust honours barber who struck gold
In what might be a parting gift, Newmont (TSX: NGT; NYSE: NEM) has unveiled a new statue commemorating prospector Benny Hollinger who struck gold in 1909 at what became the Porcupine…
Newmont
Heavy storms wash out Australian gold production
Gold output in Australia fell 9% in the first quarter after tropical storms flooded mines and halted some operations, consultancy Surbiton Associates says in a new report. Gold production dropped from…
Strong returns at G2’s new Northwest target in Guyana
G2 Goldfields (TSX: GTWO; US-OTC: GUYGF) reported on Monday a new discovery at its Northwest (NW) OKO target in Guyana with intersections as strong as 8.5 grams gold per tonne…
Founders finds near-surface gold at Antino in Suriname
Drilling at Founders Metals’ (TSXV: FDR; US-OTC: FDMIF) Antino project in southeast Suriname has returned strong near-surface gold mineralization as high as 8 metres grading 6.64 grams gold per tonne…
Mining M&A slips as firms lawyer-up to fight regulators
Global mining dealmaking is falling this year but political drama and litigation are escalating in the United States and Canada, while other trends include paying premiums to get copper and…
Newmont reopens Argentina’s Cerro Negro gold mine
Newmont (TSX: NGT; NYSE: NEM), the world’s largest gold producer, has resumed operations at its Cerro Negro mine in Argentina, after a six-week suspension following the death of two workers. “The…
Greatland grows exploration portfolio in Western Australia
Greatland Gold (LSE: GGP) is expanding its exploration portfolio in Western Australia with the acquisition of a new tenement, which is part of the Mount Egerton gold-copper project. The company…
Kenorland stock surges as Centerra Gold takes 9.9% stake
Centerra Gold (TSX: CG) is taking a 9.9% stake in Kenorland Minerals (TSXV: KLD; US-OTC: KLDCF), joining Sumitomo Metal Mining as one of the junior’s biggest investors. Centerra is acquiring the…
Greatland Gold may buy Havieron back from Newmont
Greatland Gold (LSE: GGP) said Tuesday it is in a strong position to buy back a majority stake in the Havieron gold-copper project in Western Australia from Newmont (NYSE: NEM;…
Newcore hikes Enchi gold project value 75% on higher forecast output, bullion price
Newcore Gold (TSXV: NCAU, US-OTC: NCAUF) shares jumped to a 12-month high Thursday after the company increased the net present value (NPV) of the Enchi gold project in Ghana by…
Lundin Gold becomes debt free with US$330M repayment to Newmont
Lundin Gold (TSX: LUG; US-OTC: LUGDF) has negotiated a deal with Newmont (TSX: NGT; NYSE: NEM) to buy out the stream credit facility and offtake agreement for its Fruta del…
G Mining buys Reunion’s Oko West gold project in Guyana for $875M
Montreal-based G Mining Ventures (TSX: GMIN; US-OTC: GMINF) is expanding its South American holdings by taking over Reunion Gold’s (TSXV: RGD; US-OTC: RGDFF) Oko West gold project in Guyana in…