Three generations teach gold miningRead full newsRead More
Systemic risks abound right now that, in my view, could favor allocations to physical gold and gold mining stocks. Those risks include sustained inflation, a potential global recession, looming food and energy crisis, and an escalation of hostilities in Eastern Europe.Read full newsRead More
Water board ordered company to post $104.9M in security after review, up from $30.7MThe Victoria Gold Corp. is taking the Yukon Water Board to court over an order for the company to pay an additional $74 million in security for its Eagle Gold mine, on top of the approximately $30.7 million the comRead full newsRead More
By Jaime Llinares Taboada Hochschild Mining PLC said Wednesday that it has been granted an environmental authorization for its Mara Rosa gold project in...Read full newsRead More
The planned Back Forty gold mine along the Menominee River has new owners who pledge to protect the environment. But opponents hardened by a long fight are skeptical of gilded promises.Read full newsRead More
JOHANNESBURG (AP) - South African prosecutors have charged seven self-employed miners...Read full newsRead More
Water board ordered company to post $104.9M in security after review, up from $30.7MThe Victoria Gold Corp. is taking the Yukon Water Board to court over an order for the company to pay an additional $74 million in security for its Eagle Gold mine, on top of the approximately $30.7 million the comRead full newsRead More
By Kathryn Hardison Stocks in Canada were higher in midday trading Wednesday. Canadian base metals, health care and information technology sectors led the...Read full newsRead More
The Mara Rosa gold mine, in Brazil's central state of Go?-as, is expected to begin production in the first half of 2024.Read full newsRead More
By Jaime Llinares Taboada Hochschild Mining PLC said Wednesday that it has been granted an environmental authorization for its Mara Rosa gold project in...Read full newsRead More
The planned Back Forty gold mine along the Menominee River has new owners who pledge to protect the environment. But opponents hardened by a long fight are skeptical of gilded promises.Read full newsRead More
Artisanal gold mining is highly organised and rule-bound. Men, women and even children participate a hierarchy sustained by a web of buyers, sponsors and customers.Read full newsRead More
The program will address "vulnerabilities" in the domestic critical materials supply chain, which are both an economic disadvantage and an impediment to the clean energy transition, the departmentRead More
Share this articleTORONTO - Centerra Gold Inc. [CG-TSX, CAGDF-OTC] on Wednesday reported a second quarter net loss of US$2.6 million ($0.01 per share) and sharply reduced gold production guidance for 2022.As a result of the suspension of certain activities at the Oksut Mine (Turkey) together with the continuing impact of declining copper prices at the Mount Milligan mine (British Columbia), the co...Read More
Last Thursday, in a stunning moment of bipartisan cooperation, the highly anticipated CHIPS and Science Act cleared the Senate with a vote of 64-33. America's struggling semiconductor industry has finally been granted some much-needed breathing room. Executives from chipmaking giants like Taiwan Semiconductor Manufacturing (TSMC) and Intel could hardly contain their childlike excitement as the de...Read More
Pure Gold Mining (TSXV: PGM) has released an updated mineral resource estimate for its namesake operation in Ontario's Red Lake gold camp, reporting 20% fewer ounces in the resource categories.A new technical report completed by SRK sees the mine's global resource base falling to 2 million oz. from 2.5 million oz. and the average grade reduced to 7.2 grams gold per tonne from 8.7 grams per tonne.T...Read More
St Barbara (ASX: SBM) has released its fiscal 2023 guidance after receiving approval of a tailings raise for its Touquoy gold mine in Nova Scotia. The Australian miner's consolidated gold production is now expected to total between 280,000 and 315,000 oz. at an all-in sustaining cost (AISC) of US$2,050 to US$2,150 per oz.The company's guidance was previously in question as it awaited provincial go...Read More
K92 Mining (TSX: KNT) has released a first resource for its Blue Lake gold porphyry project, only 4 km southwest of its Kainantu mine in Papua New Guinea. Inferred resources total 10.8 million oz. of gold equivalent at 0.61 gram gold equivalent per tonne, based on 549 million tonnes averaging 0.21 gram gold per tonne, 0.23% copper and 2.42 grams silver. The estimate used a 0.4 gram gold equival...Read More
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 now expects to produce between 430,000 and 460,000 ounces of gold, from a previous guidance of 405,000 to 445,000 ounces.All-in sustaining costs (AISC) are forecast to be in the US$820 to US$930 per oz. range, down from...Read More
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 gold project in Brazil's central state of Go?-as.The environmental licence also means that the Latin America-focused miner can begin construction of all the required site infrastructure.Chief executive officer Ignacio Bustama...Read More