Vizsla sees 7-month payback for Panuco project
Vizsla Silver (TSX, NYSE: VZLA) said a new study shows the company would need less than a year to recoup its investment if it proceeds with the flagship Panuco silver-gold…
gold mining
SSR Mining adds 12 years to Colorado gold mine
SSR Mining (Nasdaq, TSX: SSRM) said a new technical study for the recently acquired Cripple Creek & Victor (CC&V) gold mine in Colorado extends the asset’s mineral reserve estimate and projected…
AngloGold gains on record quarterly cash generation
AngloGold Ashanti (NYSE: AU) shares rose Tuesday after the South African miner boosted quarterly output and generated record cash flow. Consolidated production climbed 17% to 768,000 oz. in the third…
Barrick starts review to boost predictability, safety
Barrick Mining (TSX: ABX; NYSE: B) says it’s reviewing operations to curtail unplanned downtime and improve worker safety as the Canadian miner shifts its focus to North America. Toronto-based Barrick is…
Montage boosts resource at Côte d’Ivoire’s Koné project
Canadian mine developer Montage Gold (TSX: MAU, OTCQX: MAUTF) says an exploration update for its Koné project in Côte d’Ivoire shows increases in both indicated and inferred resources since the…
Aya values Boumadine in Morocco at $3B with spot gold
Canada’s Aya Gold & Silver (TSX: AYA; US-OTC: AYASF) said a preliminary economic assessment (PEA) for its Boumadine polymetallic project in Morocco shows the company would need barely a year…
Gold Fields pays $50M for 12% of Founders Metals
Gold Fields (NYSE, JSE: GFI) agreed to pay about $50 million (US$36 million) to become the biggest shareholder in Founders Metals (TSXV: FDR; US-OTC: FDMIF), which is developing the Antino…
Fortuna boosts underground potential in Côte d’Ivoire
Exploration drilling at Fortuna Mining’s (TSX: FVI; NYSE: FSM) Séguéla open-pit mine in Côte d’Ivoire improves the odds of an underground operation at the Sunbird deposit, the company said. Hole SGRD2434…
Newmont’s Ahafo North achieves commercial production
Newmont (NYSE, ASX: NEM) said its Ahafo North operation in Ghana officially reached commercial production – a key milestone at one of West Africa’s biggest mining projects in recent memory….
Could Barrick’s next CEO break up the company?
Spinning off Barrick Mining’s (TSX: ABX; NYSE: B) U.S. assets into a new company or exploring a merger with Newmont (NYSE: NEM) are some of the key options that the…
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…
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…