Monarch reports bonanza gold grades at McKenzie Break
Monarch Mining (TSX: GBAR; US-OTC: GBARF) has intersected near surface bonanza grades 200 metres southwest of the current pit shell at its McKenzie Break gold project, 35 km north of…
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Hummingbird Resources restarts Mali gold mine
It said stoppage will affect full-year production, placing it below the bottom end of the expected 100,000-110,000 gold ounces range.
Yamana Gold ups production targets after find in Quebec
It expects gold output from its Canadian mines to reach 500,000 ounces a year by 2028 thanks to new mineralized zones found at Wasamac.
Midland Exploration options Tete Nord nickel-copper property to Rio Tinto
Midland Exploration (TSXV: MD) is optioning its Tete Nord nickel-copper property near the town of La Tuque in Quebec to Rio Tinto Exploration Canada. Under the agreement, Rio Tinto Exploration…
Global shift to ‘green steel’ will require US$278B investment by 2050: report
The global steel industry could be almost completely decarbonized by 2050 with an investment of US$278 billion in clean capacity and retrofits to existing production, according to BloombergNEF’s new report, Decarbonizing Steel: A Net-Zero Pathway. A move…
Nighthawk reports new greenfield find – Albatross – near former Colomac gold mine
Nighthawk Gold (TSX: NHK; US-OTC: MIMZF) has made a new greenfield discovery about 15 km southwest of the former Colomac gold mine about 220 km northwest of Yellowknife, in the…
Clean Air Metals’ PEA rates Thunder Bay North NPV at $378M, IRR at 29.8%
Clean Air Metals (TSXV: AIR; US-OTC: CLRMF) has released a preliminary economic assessment for its 100%-owned Thunder Bay North project putting the after-tax net present value with a 5% discount…
Barrick, NovaGold to update $7.4B Donlin feasibility
Barrick Gold (TSX: ABX; NYSE: GOLD) and NovaGold Resources (TSX: NG; NYSE: NG), 50:50 owners of the Donlin gold project are working on an updated feasibility study, scheduled for release…
Renewables adoption speed still too slow to limit climate crisis — IEA
Growth in renewable energy is set to hit an all-time record this year, but is still falling “well short” of what is necessary to reach net zero emissions by 2050,…
Turquoise Hill okays Oyu Tolgoi US$75M bridging budget
Turquoise Hill Resources (TSX, NYSE: TRQ) has approved a bridging budget of US$75 million that allows the parties involved in the vast Oyu Tolgoi copper-gold mine in Mongolia to progress the…
Report: Large gold miners contributed US$38B in GDP to local economies in 2020
Large scale gold miners make a big contribution to local economies, with a research report released by the World Gold Council today putting some numbers to that contribution. According to the report, The Social and Economic…
UPDATED: Osisko Mining raises $154M for Windfall, plans JV with Australia’s Northern Star
Osisko Mining (TSX: OSK) has signed an agreement with Australia’s Northern Star Resources (ASX: NST) to raise $154 million for continued work on its Windfall gold project 200 km north…