News and Reports

Sprott ups stake in New Found Gold to 31.4% with $125.9M purchase of shares from Novo

April 12, 2022 / www.northernminer.com

Western Australia-focused gold producer Novo Resources (TSX: NVO; OTC: NSRPF) has agreed to sell its entire stake in New Found Gold, consisting of 15 million shares or about 9% of NFG's share capital, to a corporation controlled by Canadian mining investor Eric Sprott. Pursuant to arm's-length negotiations, Novo will receive total consideration of $125.9 million, representing a 9.3% premium to NFG...Read More

Zeb Nickel reports new gold zone at flagship nickel project in South Africa

April 12, 2022 / www.northernminer.com

Zeb Nickel (TSXV: ZBNI; US-OTC: ZBNIF) has discovered a new gold zone at its at its namesake nickel project located in Limpopo, South Africa. Two out of the eight drill holes from its recently completed program intersected high-grade gold, the company said. The gold zone is located adjacent to and beneath the nickel and platinum group element (PGE) mineralized zones of its flagship project....Read More

Glencore to supply cobalt to GM in multi-year deal

April 12, 2022 / www.northernminer.com

Miner and commodities trader Glencore (LON: GLEN) has inked a multi-year agreement with General Motors (NYSE: GM) to provide the automaker with cobalt from its Murrin Murrin operation in Australia.The U.S. car producer has committed to making all-electric vehicles by the end of the decade, setting the goal of having 30 new EVs models, equivalent to 1 million electric cars, in the market by 2025."...Read More

The Northern Miner Podcast - episode 286: How far have we come? ft Women in Mining Central America founder Ana Gabriela Juarez

April 12, 2022 / www.northernminer.com

This week's episode features Ana Gabriela Juarez, president of CTA Environmental Consultants and founder of WIM Central America. Ana discusses her work as the president of an environmental consultancy focused on mining, as well as the challenges women face in the mining industry, particularly in South America. She also describes some of the educational initiatives WIM Central America has undertake...Read More

You Just Got Robbed!

April 12, 2022 / dailyreckoning.com

Assume - for the moment - that yours is the standard American household. How much money did inflation steal from you in March?The answer, the distressing answer, shortly. First the news...March inflation data came issuing this morning. They represented the greatest annual inflationary jump since December 1981 - an 8.5% escalation.The New York Post gives the particulars:Labor Department officials s...Read More

Thor Explorations reaches steady state production at Segilola gold mine

April 11, 2022 / dlvr.it

TSX-listed Thor Explorations' operations at the Segilola gold mine, in Nigeria, performed in line with forecasts for the first quarter of this year and remains on track to meet full-year guidance of between 80 000 oz and 100 000 oz. A throughput of 221 920 t with an average head grade of 3.18 g/t gold, and an overall recovery rate of 94.1%, resulted in gold production of 21 343 oz for the quar...Read More

Caracal Achieves First Gold at Kilimapesa's Pilot Plant -- Commodity Comment

April 11, 2022 / dlvr.it

By Jaime Llinares Taboada Caracal Gold PLC said Monday that its pilot processing plant at the Kilimapesa mine in Kenya has achieved first gold production...Read full newsRead More

Desjardins Trims Pure Gold Mining (OTCMKTS:LRTNF) Target Price to C$0.70

April 11, 2022 / dlvr.it

Pure Gold Mining (OTCMKTS:LRTNF - Get Rating) had its price objective reduced by Desjardins from C$1.20 to C$0.70 in a research report report published on Friday morning, The Fly reports. Other research analysts have also issued research reports about the company. Stifel Nicolaus raised Pure Gold Mining from a hold rating to a buy rating [...]Read full newsRead More

Pure Gold Mining (OTCMKTS:LRTNF) Given New C$0.70 Price Target at Desjardins

April 11, 2022 / dlvr.it

Pure Gold Mining (OTCMKTS:LRTNF - Get Rating) had its target price cut by Desjardins from C$1.20 to C$0.70 in a research report sent to investors on Friday morning, The Fly reports. A number of other analysts have also weighed in on the stock. Stifel Europe lowered their price objective on shares of Pure Gold Mining [...]Read full newsRead More

Segilola Gold Mine Q1 Operational Update - 21,343 Ounces of Gold Produced

April 11, 2022 / dlvr.it

Vancouver, British Columbia--(Newsfile Corp. - April 11, 2022) - Thor Explorations Ltd. (TSXV: THX) (AIM: THX) (Read full newsRead More

Victoria Gold: Eagle Gold Mine Q1 2022 Operational Highlights

April 11, 2022 / dlvr.it

WHITEHORSE, Yukon, April 07, 2022 (GLOBE NEWSWIRE) -- Victoria Gold Corp. (TSX-VGCX) ("Victoria" or the "Company") produced 24,358 ounces of gold during the first quarter of 2022. Mr. John McConnell, President and CEO commented, "During the first quarter, we successfully completed a six-week winter maintenance program and resumed stacking ore on the heap leach pad. As we head into spring, stacking...Read More

Asante Gold Enters into Exclusivity Agreement with Kinross Gold to Purchase Chirano Gold Mine in Ghana

April 11, 2022 / dlvr.it

VANCOUVER, British Columbia, April 06, 2022 (GLOBE NEWSWIRE) -- Asante Gold Corporation (CSE:ASE | FRANKFURT:1A9 | U.S.OTC:ASGOF) ("Asante" or the "Company") is pleased to announce that it has entered into an Exclusivity Agreement with Kinross Gold Corporation to negotiate the potential purchase of all of their interests in Ghana ("Kinross Ghana"), including its 90% interest in the Chirano Gold Mi...Read More

Letter - Gold mining in Virginia?

April 11, 2022 / dlvr.it

To the Editor: Modern open pit gold mining of low grade ore is one of the most polluting mining activities there is. Recent studies have documented that more than 70 to 90% of major gold mines that are near underground or surface water cause contamination of that water. Many open pit gold mines excavate 8 [...]Read full newsRead More

Victoria Gold: Eagle Gold Mine Q1 2022 Operational Highlights

April 11, 2022 / dlvr.it

WHITEHORSE, Yukon, April 07, 2022 (GLOBE NEWSWIRE) -- Victoria Gold Corp. (TSX-VGCX) ("Victoria" or the "Company") produced 24,358 ounces of gold during the first quarter of 2022. Mr. John McConnell, President and CEO commented, "During the first quarter, we successfully completed a six-week winter maintenance program and resumed stacking ore on the heap leach pad. As we head into spring, stacking...Read More

Harmony Gold Mining (NYSE:HMY) Trading 1.5% Higher

April 11, 2022 / dlvr.it

Harmony Gold Mining Company Limited (NYSE:HMY - Get Rating)'s share price traded up 1.5% on Wednesday . The company traded as high as $4.74 and last traded at $4.74. 52,859 shares were traded during trading, a decline of 99% from the average session volume of 8,999,868 shares. The stock had previously closed at $4.67. A [...]Read full newsRead More

Kestra Advisory Services LLC Invests $48,000 in Harmony Gold Mining Company Limited (NYSE:HMY)

April 11, 2022 / dlvr.it

Kestra Advisory Services LLC purchased a new stake in Harmony Gold Mining Company Limited (NYSE:HMY - Get Rating) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 11,562 shares of the mining company's stock, valued at approximately $48,000. A number of other large [...]Read full newsRead More

Asante Gold Enters into Exclusivity Agreement with Kinross Gold to Purchase Chirano Gold Mine in Ghana

April 11, 2022 / dlvr.it

VANCOUVER, British Columbia, April 06, 2022 (GLOBE NEWSWIRE) -- Asante Gold Corporation (CSE:ASE | FRANKFURT:1A9 | U.S.OTC:ASGOF) ("Asante" or the "Company") is pleased to announce that it has entered into an Exclusivity Agreement with Kinross Gold Corporation to negotiate the potential purchase of all of their interests in Ghana ("Kinross Ghana"), including its 90% interest in the Chirano Gold Mi...Read More

Groups seek to stop gold mine exploratory drilling in Idaho

April 11, 2022 / dlvr.it

BOISE, Idaho (AP) - Environmental groups are renewing efforts to stop exploratory drilling by a Canadian mining company hoping to build a gold mine in Idaho west of Yellowstone NationalRead full newsRead More

Letter - Gold mining in Virginia?

April 11, 2022 / dlvr.it

To the Editor: Modern open pit gold mining of low grade ore is one of the most polluting mining activities there is. Recent studies have documented that more than 70 to 90% of major gold mines that are near underground or surface water cause contamination of that water. Many open pit gold mines excavate 8 [...]Read full newsRead More

Victoria Gold: Eagle Gold Mine Q1 2022 Operational Highlights

April 11, 2022 / dlvr.it

WHITEHORSE, Yukon, April 07, 2022 (GLOBE NEWSWIRE) -- Victoria Gold Corp. (TSX-VGCX) ("Victoria" or the "Company") produced 24,358 ounces of gold during the first quarter of 2022. Mr. John McConnell, President and CEO commented, "During the first quarter, we successfully completed a six-week winter maintenance program and resumed stacking ore on the heap leach pad. As we head into spring, stacking...Read More

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