$4,800 gold price in 5 years: Incrementum
Gold could exceed $4,800 per oz. by December 2030 based on a probable base-case scenario, Liechtenstein-based gold fund Incrementum outlined in its In Gold We Trust report. The report’s base-case scenario…
South America
G2 reports near-surface gold at Peters project in Guyana
Canadian explorer G2 Goldfields (TSXV: GTWO; US-OTC: GUYGF) said early drilling at its Peters mine in northern Guyana showed significant widths of near-surface gold mineralization. Hole PDD1 cut 76 metres grading…
Outcrop Silver’s high-grade hits confirm size of Los Mangos system in Colombia
Recent drill results from Outcrop Silver & Gold’s (TSXV: OCG; US-OTC: OCGSF) Santa Ana project in west-central Colombia have confirmed wide, high-grade zones inside the Los Mangos vein system. Highlight…
Rio Tinto bets big on Lithium Triangle’s brine riches
Rio Tinto (ASX, LSE: RIO) is doubling down on lithium, with CEO Jakob Stausholm declaring that South America’s Lithium Triangle is the ideal region to secure the metal critical to…
Mining without feasibility studies risks losing projects
Mining companies that move to production without pre-feasibility or feasibility studies face risky consequences. Though forgoing studies is rare, it can lead to costly delays and regulatory issues, Alexander Pizale,…
Friedland-backed Cordoba sells Alacrán copper project
Cordoba Minerals (TSXV: CDB; US-OTC: CDBMF) has agreed to sell its remaining half-interest in the Alacrán copper project to a consortium of investors including China’s JCHX for cash of up…
Greenheart’s strong hits show Guiana Shield potential
Drilling by Greenheart Gold (TSXV: GHRT; US-OTC: GHRTF) at its Majorodam project in northeast Suriname has returned results as high as 6 metres grading 9.34 grams per tonne. That result,…
Barrick cuts ‘Gold’ from name as metal prices fuel profit
Canada’s gold giant Barrick (TSX: ABX; NYSE: GOLD) has officially changed its name to Barrick Mining Corporation, or Société minière Barrick in French, and reported stronger-than-expected first-quarter profit that was…
Mineros gains on Povernir build permit in Nicaragua
Mineros (TSX: MSA) has received the permit it needs to start building its underground mine at the Porvenir project in northeast Nicaragua. Shares gained 7%. Its subsidiary Hemco Mineros Nicaragua…
Lithium Ionic books 29% rise in resources at Bandeira
An update for Lithium Ionic’s (TSXV: LTH; US-OTC: LTHCF) Bandeira project in eastern Brazil has lifted contained resources by about one-third over a feasibility study conducted last year. Measured and…
Lundin/BHP’s first Filo copper resource ranks Chile project among world’s largest
Lundin Mining (TSX: LUN) says an initial mineral resource estimate shows its jointly owned Filo del Sol project in Chile’s Atacama region would rank among the world’s 10 largest producing…
Kidnappers kill 13 guards at Peru mine
Thirteen security guards kidnapped from one of Peru’s largest gold mines were found dead on Sunday, in a brutal incident underscoring the worsening security crisis in the country’s Amazonian Pataz…