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…
Africa
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…
Newmont rejects Barrick takeover, suggests Nevada JV
Barrick Gold (TSX: ABX; NYSE: GOLD) is attempting to “bite off substantially more than it can chew,” and has “a poor M&A track record,” Newmont Mining (NYSE: NEM) CEO Gary…
Alphamin nears production at Bisie in DRC
Alphamin Resources (TSXV: AFM; US-OTC: AFMJF) is nearing production at its Bisie tin project in North Kivu, a province in the eastern region of the Democratic Republic of the Congo…
Bristow seeks to build the world’s most valuable gold company
In a one hour and forty-five minute conference call on Feb. 13, barely seven weeks after the merger of Barrick Gold (TSX: ABX; NYSE: GOLD) and Randgold Resources became effective…
Golden Star boosts Father Brown inferred resource 93%
Golden Star Resources (TSX: GSC; NYSE: GSS) has boosted the inferred resource at its Father Brown gold project in Ghana 93% to 2.3 million tonnes grading 6.4 grams gold per…