Newmont sells Éléonore mine in Quebec for US$795M
The miner said the deal and other 2024 sales will raise $3.6 billion.
Newmont
Barrick touts ‘world-class’ potential of Fourmile project with huge resource boost
A resource update for Barrick Gold‘s (TSX: ABX; NYSE: GOLD) Fourmile project in Nevada has increased contained ounces as much as 192% and grades by 35% compared to last year’s…
White Gold grows Yukon resource base
White Gold (TSXV: WGO; US-OTC: WHGOF) reported an 18.5% rise in inferred and a 4.3% increase in indicated resources at its Yukon project, conceived by co-founder and veteran prospector Shawn…
Orla Mining expands to Canada with US$850M Newmont mine buy
Orla Mining (TSX: OLA) is buying Newmont’s (NYSE: NEM) Musselwhite gold mine in Ontario for US$850 million, enabling it to more than double production of the precious metal as prices…
Newcore cuts best gold grades yet at Enchi project in Ghana
Drilling at Newcore Gold’s (TSXV: NCAU, US-OTC: NCAUF) Enchi project in Ghana has returned the highest-grade gold intercepts in its 10-year history, the company said Wednesday. Hole KBRC301 cut 1…
BHP tops all miners in Forbes list of world’s best employers
Australian miner BHP (NYSE: BHP; LSE: BHP; ASX: BHP) has earned a spot in Forbes list of the world’s best employers of 2024, placing best amongst all peers in the…
How resource ‘classification debt’ chips away at miners’ growth and investor trust
Over the past decade, resource misclassification has saddled the mining industry with a costly problem. It’s one Guy Desharnais, Osisko Gold Royalties’ (TSX: OR; NYSE: OR) vice-president for project evaluation,…
G Mining-Reunion Gold spinout Greenheart raises $36M for exploration
Greenheart Gold (TSXV: GHRT) shares gained 10.5% Friday after it said it had closed a $36-million, upsized private placement to fund exploration at its projects in the Guiana Shield. The…
B2Gold backs Founders Metals with $12.1M investment for drilling at Antino in Suriname
Founders Metals (TSXV: FDR; US-OTC: FDMIF) has drawn a $12.1 million investment from B2Gold (TSX: BTO; NYSE: BTG), bringing to $32.1 million the total raised in the Suriname-focused gold explorer…
Video: Barrick’s Bristow douses Nevada Gold Mines IPO talk – Part 2
Despite rising metal prices, companies haven’t replaced the gold and copper reserves they’ve mined over the past two decades, Barrick Gold (TSX: ABX; NYSE: GOLD) CEO Mark Bristow said in…
Orion, Allianz among US$15T in funds seeking to boost mining investments for tripling output
A global group of institutional investors including Allianz, Legal & General and Orion Resource Partners wants to attract more funds to the mining industry by polishing its image and educating…
New Mexican president avoids open-pit ban
Mexico’s President Claudia Sheinbaum, who started this month after winning an election in June to succeed Andrés Manuel López Obrador, so far hasn’t declared she’ll act on her predecessor’s wish…