Marathon Gold is expecting first ore to the mill at the end of 2024 and production ramp-up during the first quarter of 2025.Read More
Visual observations from two step-out diamond drill holes expanded the width and vertical depth of the Main Breccia area almost double the dimensions to 385m of strike by 350m width and 825m depthRead More
Leading regional gold miners, including Denver-based Newmont, are reviewing the level of dividend payments as cost pressures grow.Read More
The company earned about 23,850 attributable GEOs in Q3, with preliminary revenues from royalties and streams of C$53.7 (US$38.89) million and preliminary cost of sales of C$4.Read More
"This has been another record quarter of production at Segilola, beating our Q3 2022 guidance by over 1500oz," Thor president and CEO Segun Lawson said, noting that it was done during the rainyRead More
The deal is made up of $80 million in cash and $70 million in UEC stock, UEC said. The cash portion isfully funded from $173 million of cash and liquid Assets on the balance sheet.Read More
Sheffield Resources is forging ahead at the Thunderbird ilmenite and zircon project, as executive chair Bruce Griffin explains.Read More
(IDEX Online) - A diamond tycoon from Lesotho scored a surprise victory in the nation's polls last week.Sam Matekane, the richest man in the poverty-stricken African mountain kingdom, came closer than anyone expected to an overall majority and is expected to form a coalition government.He founded the pro-business Revolution for Prosperity (RFP) party, just seven months before the elections, w...Read More
Chaarat makes headway at KyzyltashSPONSOREDchaarat gold holdings ltd.Metal Bank draws on experience as resource upgrades nearSPONSOREDmetal bank limitedCerrado eyes feasibility study for Brazil assetSPONSOREDcerrado goldMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDRio Tinto and the Canadian government have announced investments of up to C$737 million (US$537 million) over the...Read More
Many analysts say gold is volatile. But they should say that the gold market is volatile. That's because most of it is paper gold, with only a small amount of physical gold to support it.Think of the gold market as an inverted pyramid, with a small amount of gold at the bottom, holding up a huge amount of paper gold. The paper market could be 100 times the size of the physical market.That means th...Read More
The latest reports from S&P Global Commodity Insights confirm an overall downward trend, with the market intelligence firm's Pipeline Activity Index (PAI) falling to a 20-month low in August.In its State of the Market Q2 report, S&P said the downtrend has been roughly correlated with a steady downtrend in mining equities since March."We anticipate exploration activity levels to continue cooling in...Read More
Collective Mining (TSXV: CNL; US-OTC: CNLMF) shares rose almost 10% Wednesday as the company announced the "most cumulative mineralization in drill holes completed to date" in the high-grade, copper-gold-silver porphyry-related Main Breccia discovery at its Guayabales project in Colombia.Guayabales is located in the historic Colombian gold mining department of Caldas, about 300 km inland from Barr...Read More
Thesis Gold (TSXV: TAU; OTC: THSGF) says the first metallurgical tests on samples from its Ranch project in north-central British Columbia's Golden Horseshoe have a gold recovery rate of between 90% and 98%. The company believes the property could produce high-grade gold concentrates using low-cost conventional extraction methods.The tests were carried out on composite core samples from the Bonanz...Read More
Uranium Energy (NYSE: UEC) has agreed to purchase 100% of the Roughrider project for $150 million from Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO). Rio will receive $80 million in cash and $70 million in Uranium Energy stock.The Roughrider uranium project is located 13 km west of the McClean Lake uranium mill, about 750 km north of Saskatoon, Sask. It has a historic resource of 58 million lb. uraniu...Read More
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) is investing up to $515 million over the next eight years to decarbonize its Fer et Titane (RTFT) operations in Sorel-Tracy, Que. and to help diversify its critical minerals portfolio, while the federal government will contribute up to $222 million to the initiatives.The partnership, worth up to $737 million will support innovations to reduce by up to 70%...Read More
Gatos Silver (NYSE, TSX: GATO) is coming off its best ever quarter of production, with the 70%-owned Cerro Los Gatos mine in Mexico producing a record 2.7 million oz. of silver for the three months ended September 30, a 59% increase over the third quarter of 2021.Zinc production of 17.8 million lb. and lead production of 12.2 million lb. were also record highs, up 32% and 13% respectively from th...Read More
In the spirit of the October month, I want to tell you a story about a haunted castle in West Virginia.It's called the Berkeley Springs Castle.And as far as it being haunted... well, I don't know if the castle is haunted by ghosts or a poltergeist like in the movies.But I think by the end of this you'll agree the story of the Berkeley Springs Castle is haunting itself. And I promise there's an inv...Read More
Former students of the Yale School of the Environment catalog current research on restoration techniques after surface gold mining and suggest more research is needed to determine best practices in the area.Read full newsRead More
Social-media giant Facebook will showcase its new mixed-reality headset on Oct. 11. But something else is key to its resurgence.Read full newsRead More
Although gold cooled by nearly 3%, it was enough to beat U.S. Treasury and corporate bonds, domestic and oversea stocks, commodities and Bitcoin. In the bloodbath that was September, gold's traditional role as a diversifier and haven was clear to see.Read full newsRead More