Avesoro grows Youga gold mine in Burkina Faso
Avesoro Resources (TSX: ASO; LON: ASO) has increased the mineral reserves at its Youga gold mine by 23% — extending the mine life of the Burkina Faso open-pit operation by…
Africa
Ivanhoe extends strike length at Kamoa North Bonanza Zone
Earlier this year, Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) discovered a shallow, thick zone of bonanza-grade copper mineralization on its Kamoa-Kakula mining licence in the Democratic Republic of Congo (DRC),…
Interview: North American Palladium CEO Jim Gallagher on global palladium markets
The following is an edited transcript of a portion of a podcast interview with James Gallagher, president and CEO of North American Palladium (TSX: PDL; US-OTC: PALDF). Gallagher discusses the…
Cupric Canyon secures financing for Khoemacau in Botswana
A US$565-million funding package brings Cupric Canyon Capital one step closer to turning its Khoemacau project into a major copper and silver mine in northwestern Botswana. The private company has…
Thor secures US$78M for Segilola in Nigeria
Thor Explorations (TSXV: THX) estimated in a definitive feasibility study two months ago that pre-production capital expense to build an open-pit mine at its Segilola gold project in Nigeria would…
CESCO Week: Deficits delayed in global copper market
SANTIAGO, CHILE — Mention electric vehicles and copper industry executives’ eyes dazzle like the headlights on a Tesla. As electric motors and lithium batteries replace combustion engines, cars, buses and…
Walkabout Resources secures Asian buyers for its large flake graphite
With its second binding offtake agreement in two weeks, Walkabout Resources (ASX: WKT) has secured the sale of 75% of its large flake graphite concentrate for the first three years…
US markets rise, April 1-5: Lithium Americas, Sibanye-Stillwater, First Majestic
The spot gold price fell 0.04% to US$1,291.40 per ounce. The Philadelphia Gold & Silver Index rose 0.62% to 76.84 and the Dow Jones Industrial Average rose 1.9% to 26,424.99….
Global Gold Snapshot: Eight companies advancing projects globally
Gold exploration and mine development remain leading drivers of mining activity around the world by Canadian-based gold companies. Here is a look at eight junior and senior companies with significant…
Ivanhoe tests area near Kamoa North discovery hole
In January, Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) reported a 22-metre intercept of 13.05% copper at a 2% cut-off in a shallow, flat-lying discovery sitting within 190 metres of surface…
Golden Star boosts net reserves despite decline at Prestea
Golden Star Resources (TSX: GSC; NYSE: GSS) has increased its overall reserves by 6%, net of mining depletion. It offset a loss in reserves at its Prestea gold mine by…
B2Gold earmarks US$43M for global exploration
B2Gold (TSX: BTO; NYSE-AM: BTG) was created as a junior exploration company in 2007, and since then it has grown to become an intermediate gold producer, with five mines in…