Erdene CEO sees Mongolia gold mine anchoring district
Canada’s Erdene Resource Development (TSX: ERD) is working to turn its new Bayan Khundii open-pit gold mine in Mongolia into the anchor of a future minerals district that will one day…
gold exploration
Sumitomo’s first Frotet resource shows 5-gram gold
Kenorland Minerals (TSXV: KLD; US-OTCQX: KLDCF) says an inaugural inferred mineral resource for the Regnault gold deposit at northern Quebec’s Frotet project shows average grades of 5.47 grams per tonne.Regnault…
NGEx hits 4% copper, 11g gold at Lunahuasi in Argentina
NGEx Minerals (TSX: NGEX; US-OTCQ: NGXXF) said new drilling at the Lunahuasi polymetallic project in Argentina vertically extended an existing high-grade zone by 100 metres. The stock rose. Hole DPDH048 in the deposit’s…
American Eagle drilling boosts NAK copper-gold project
Canadian explorer American Eagle Gold (TSX-V: AE; US-OTC: AMEGF) says new drilling at its polymetallic NAK project in British Columbia has markedly expanded a previous discovery zone. The stock rose….
Collective finds new gold zone in Colombia
Collective Mining (TSX, NYSE: CNL) said new drilling at its Guayabales project in Colombia has significantly expanded the size of the deposit’s Apollo system. The stock rose. Hole APC-143D cut 130…
Lundin Gold sees higher costs, stable output in Ecuador
Lundin Gold (TSX: LUG; US-OTC: LUGDF) said output at its Fruta del Norte gold mine in southeast Ecuador should remain flat over the next three years while unit costs climb…
Contango Ore agrees $812M deal to buy Dolly Varden
Contango Ore (NYSE-A: CTGO) agreed to buy Canada’s Dolly Varden Silver (TSX-V: DV; NYSE-A: DVS) to create a mid-tier silver and gold producer by adding one of the largest high-grade…
London Symposium: Japan Gold seeks new partners
Japan Gold (TSXV: JG; US-OTC: JGLDF) has begun talks with various investors looking to jointly explore for gold and develop mines in the Asian country after an alliance with Barrick…
McEwen expands high-grade gold zone at Froome mine
McEwen (TSX, NYSE: MUX) said new drilling at its Froome mine in northern Ontario boosted the property’s higher-grade gold mineralization by about 45%. Drillhole 25PR-G467 cut 31 metres grading 7.7 grams gold…
Fortuna betting on West Africa to boost gold output
Séguéla, Côte d’Ivoire – West Africa is poised to play a pivotal role in Fortuna Mining’s (TSX: FVI; NYSE: FSM) drive to boost annual gold output past the 500,000 oz. mark…
Appian backs Atlantic’s Barrick mine buyout with $150M
U.K. private-equity firm Appian Capital Advisory said on Wednesday it has provided a US$150 million financing package to support the Atlantic Group’s buyout of a West African gold mine from…
Site visit: Fortuna’s Séguéla gold mine poised for growth
Séguéla, Côte d’Ivoire – Fortuna Mining’s (TSX: FVI; NYSE: FSM) success in expanding its flagship Séguéla mine in Côte d’Ivoire has surprised even some of its own employees. Vancouver-based Fortuna last month…