TNM Drill Down: Top gold assays of the week Aug 4-12
Our weekly TNM Drill Down feature focuses on the top gold assays of the past week. Assays are ranked by gold grade x width, as identified by our sister company…
South America
SolGold reshuffles C-suite as it ramps up Cascabel
Ecuador-focused miner SolGold (TSX: SOLG; LSE: SOLG) has announced a round of management changes, with newly appointed chief financial officer Ayten Saridas stepping down after only six weeks in the job….
Lundin Gold raises production forecast for the year
Lundin Gold (TSX: LUG) has raised its production guidance and decreased its cost estimates for 2022, based on strong results in the first half of the year. The Vancouver-based miner…
Hochschild Mining granted environmental permit for Brazil gold project
Precious metals producer Hochschild Mining (LSE: HOC) has been granted a key permit that allows it to build a processing plan and kick off mine pre-stripping at the Mara Rosa…
B2Gold, AngloGold shelve Gramalote gold JV in Colombia
B2Gold (TSX: BTO; NYSE-AM: BTG) and AngloGold Ashanti (NYSE: AU; JSE: ANG;) have put their Gramalote gold joint venture in Colombia on hold. In a news release on Aug. 3,…
JV Article: Silvercorp Metals has significant silver production, development, and exploration exposure
Silvercorp Metals (TSX: SVM; NYSE: SVM) is expanding its mining operations to meet the growing demand for silver used in the solar panels and wind technologies that are powering the transition…
Hundreds of new mines required to meet 2030 battery metals demand, finds IEA report
Global battery and minerals supply chains need to expand ten-fold to meet projected critical minerals needs by 2030, a report published by the International Energy Agency (IEA) has found. In…
Adventus finalizes US$55M Trafigura offtake for El Domo; looks to raise another US$40M in debt
Adventus Mining (TSXV: ADZN) has finalized a US$55-million offtake financing agreement with Trafigura for the construction of its 75%-owned El Domo-Curipamba copper-gold project in Ecuador. Of the total US$248-million estimated…
Anglo American to appeal El Soldado project rejection
Anglo American (LSE: AAL) is planning to appeal a Chilean environmental commission’s rejection of its $40-million operational continuity project for El Soldado copper mine, 125 km north of the capital…
US markets rise over July 25-28 trading week
Over the July 25-28 trading period, the Dow Jones Industrial Average gained 855.09 points, or 2.7%, to 32,845.13, and the S&P 500 jumped 151.79 points or 3.8% to 4,118.63. Although…
TSX end July 25-29 trading week in the black
Over the July 25-29 trading week, the S&P/TSX Composite Index gained 588.44 points or 3.1% to end at 19,104.48. The S&P/TSX Global Mining Index gained 5.15 points or 5.9% to…
Gold Fields slowly turning Yamana deal doubters into allies
Gold Field’s (NYSE: GFI; JSE: GFI) intended acquisition of Canada’s Yamana Gold (TSX: YRI; NYSE: AUY) remains in limbo, though the South African miner has gained backers and says its…