G Mining greenlights $973M Guyana gold mine
Canada’s G Mining Ventures (TSX: GMIN; US-OTC: GMINF) said it’s going ahead with construction of the $973 million Oko West mine in Guyana that’s expected to start pouring gold in…
gold mines
Site visit: Maple works to boost resource in Quebec
Kiran Patankar cracks a grin as he points towards the boreal forest that stretches as far as the eye can see. “When you’re up here the first thing that strikes…
Fortuna soars on fast repay plan for Senegal gold project
Fortuna Mining (TSX: FVI; NYSE: FSM) says a preliminary economic assessment (PEA) for the Diamba Sud gold project in Senegal shows the Canadian miner could recoup its investment in less than…
West Red Lake books high-grade gold at Madsen
Underground drilling at West Red Lake Gold Mines’ (TSXV: WRLG; US-OTC: WRLGF) primary Madsen property in Northwestern Ontario yielded multiple instances of high-grade gold, the company said. Highlight hole MM25D-12-4860-004 in the…
First Majestic production climbs on record silver output
First Majestic Silver (TSX, NYSE: AG) said total production rose 39% in the third quarter as the Canadian miner churned out the most silver in its history. Shares hit their…
G Mining eyes Guyana gold project decision this month
G Mining Ventures (TSX: GMIN; US-OTC: GMINF) said Monday it will decide this month whether to proceed with the Oko West project in Guyana after securing up to $537.5 million (C$753 million)…
Barrick to sell Tongon mine to Atlantic for up to $305M
Barrick Mining (TSX: ABX; NYSE: B) agreed to sell its stake in the Tongon gold mine and certain exploration properties in Côte d’Ivoire to the Atlantic Group for up to…
Torex hits record as high-grade gold booked in Mexico
New high-grade structures discovered by Torex Gold Resources (TSX: TXG) during drilling at its ELG underground mine in Mexico could help the company achieve a goal of extending the deposit’s operating…
Barrick CEO exit could spur asset sales, M&A: analysts
Leadership changes at two of North America’s biggest miners open the door to asset sales and even a potential takeover of Barrick Mining (TSX: ABX; NYSE: B), analysts say. On…
G Mining gets Brazilian tax cut for gold mine
Authorities in Brazil have granted G Mining Ventures’ (TSX: GMIN; US-OTC: GMINF) main Tocantinzinho mine a reduced tax rate, a move that the Canadian company says will “materially enhance” profit…
Omai Gold hits all-time TSX high on Guyana assays
Omai Gold Mines (TSXV: OMG; US-OTC: OMGGF) stock hit a new all-time high Friday after the company said new drilling at its namesake project in Guyana produced multiple high-grade intercepts….
Fortune Bay’s Goldfields project value jumps
Fortune Bay (TSXV: FOR; US-OTC: FTBYF) said an updated economic study for the company’s Goldfields project in Saskatchewan shows rising gold prices have resulted in a quadrupling of the past-producing…