Mr. Quinton Hennigh reportsNOVO FILES UPDATED BEATONS CREEK TECHNICAL REPORT Novo Resources Corp.has filed a technical report prepared pursuant to National Instrument 43-101 (Standards of Disclosure for Mineral Projects) related to its Oct. 10, 2018, news release announcing the updated resource estimate for its Beatons Creek gold project, Western Australia. The independent technical report, entitl...Read More
The Women in Mining (WIM) organisation has recognised the pioneering work of Kay Nimmo at the International Tin Association in achieving practical solutions to the challenges of responsible minerals sourcing. Nimmo has worked over the past decade to create and implement industry-leading initiatives which achieve real impacts, including the ITSCI programme to resolve conflict mineral concerns, and...Read More
Infill drilling in the southwestern part of the Marathon deposit in Newfoundland continues to return high-grade gold intercepts, Marathon Gold (TSX: MOZ) reports.The company recently completed its 41,000-metre step-out and infill drill program for 2018, and assays include 5.36 grams gold over 11 metres from 26 metres below surface in hole MA-18-330; 3.63 grams gold over 10 metres from 134 metres...Read More
Nov 22, 2018 Guest(s): Sepantra Dorri VP, Corporate & Stakeholder Dev., Teranga Gold Despite some analysts predicting that we are about to, or have already, reached peak gold, one miner is continuing record production. Teranga Gold has been steadily increasing reserves at their flagship West African project, the Sabodala Gold Mine, this according to Sepantra Dorri, VP of corporate development of...Read More
Mr. Eric Fier reportsSILVERCREST FILES MINERAL RESOURCE TECHNICAL REPORT ON THE LAS CHISPAS PROPERTYSilvercrest Metals Inc. has filed a technical report titled, "Technical Report and Updated Mineral Resource Estimate for the Las Chispas Property, Sonora, Mexico," dated Nov. 19, 2018, with an effective date of Sept. 13, 2018. The Las Chispas report was completed for Silvercrest by N. Eric Fier, CPG...Read More
Mr. Jean Martineau reportsDYNACOR PRODUCES 7,352 OUNCES OF GOLD IN OCTOBER, ITS BEST 2018 MONTHLY RESULTSDynacor Gold Mines Inc. has provided its October gold production results, which were the best monthly gold production results in 2018. In October, the corporation produced 7,352 ounces of gold, an 11-per-cent monthly average increase from the previous nine months. The total amount of ore purcha...Read More
Mr. David Wolfin reportsAVINO ANNOUNCES MANAGEMENT CHANGES Avino Silver & Gold Mines Ltd.'s Malcolm Davidson, chief financial officer, will depart the company immediately."Mr. Davidson spent eight years with Avino, and we wish him the best in his future endeavours," said David Wolfin, president and chief executive officer. "He built a strong finance team, which will manage the transition to a...Read More
Delrey Metals (CNSX: DLRY) has finished its $165,000 phase one exploration program at its Sunset cobalt-copper-zinc property in southwest British Columbia.In September 2018, the company took 708 soil samples at Sunset as well as 68 rock samples and 11 stream sediment samples. The company had previously collected 436 soil samples at Sunset, and a previous operator collected 938 soil samples. As a...Read More
(Kitco News) - Even though U.S. retail sales will not beat last year’s performance – the strongest in more than a decade – the 2018 holiday season will still be a “cheerful” one, IHS Markit said in its outlook.Retail sales during the winter holidays will grow 4.4% over last year, which saw a 5.7% increase — the best results since 2005, said IHS Markit associate...Read More
Mr. David Wolfin reportsCORAL ANNOUNCES MANAGEMENT CHANGESMalcolm Davidson, chief financial officer, will depart Coral Gold Resources Ltd. immediately."Mr. Davidson spent eight years with Coral and we wish him the best in his future endeavours," said David Wolfin, president and chief executive officer. "He built a strong finance team which will manage the transition to a new CFO effectively."The c...Read More
Shares in miner and infrastructure supplier Mineral Resources (ASX: MIN) went ballistic on Thursday after striking a deal to sell a half-share in its Western Australia-based Wodgina lithium project to battery metals giant Albemarle for $1.15 billion.Under the terms of the exclusivity agreement, the two companies will work to execute a binding transaction by Dec. 14, allowing Albemarle to acquire a...Read More
(Kitco News) - Gold managed to hold on to most of its previous gains, with markets largely ignoring the European Central Bank’s (ECB) meeting minutes and instead focusing on Italy’s decision to resist EU’s budget pressure.The December Comex gold futures were last trading at $1,228.30 an ounce, up 0.02% on the day, keeping firmly above the $1,220 level.With the U.S. financial mark...Read More
Roberta RamptonPALM BEACH, Florida (Reuters) - U.S. President Donald Trump warned on Thursday there could be a government shutdown next month over security on the border with Mexico, suggesting he could hold up a funding deal if no more money is provided for a wall between the two countries.“Could there be a shut down? There certainly could and it will be about border security, of which the...Read More
Mr. Derek White reportsMETALLURGICAL TEST WORK INDICATES VERY HIGH GOLD RECOVERIES AT ASCOT'S PREMIER PROPERTY Ascot Resources Ltd.'s confirmatory metallurgical testwork on six new composites from the Premier/Northern Lights, Big Missouri and Silver Coin deposits produced outstanding gold recoveries over a range of grind sizes utilizing a gravity and leach process.Derek White, president and chief...Read More
Precious metals streaming and royalty company Maverix Metals (TSXV: MMX) forecasts it will exceed its previously announced guidance for the year of 18,000 to 19,000 gold-equivalent ounces.In the third quarter, Maverix recorded attributable gold-equivalent ounces sold of 6,195 ounces, and in the nine months ended Sept. 30, the company's total attributable gold-equivalent production reached 15,236...Read More
KHARTOUM (Reuters) - Sudan signed an agreement with a state-owned Turkish company on Thursday allowing it to mine for gold and other minerals in Sudan’s Red Sea state, a source at the Sudanese petroleum ministry said.The agreement between Sudan’s Geological Authority, which falls under the petroleum ministry, and Turkey’s Mineral Research and Exploration General Directorate (MTA)...Read More
Mr. John Williamson reportsCAMINO PROVIDES UPDATE AHEAD OF 2019 DRILLING PROGRAMCamino Minerals Corp. is in the process of completing extensive surface exploration on the 20,000-hectare Chapitos copper-gold project, near Chala, southern Peru.Since August, Camino has intensified surface exploration on the Chapitos project, and has commenced planning the 2019 exploration and drilling program. Fieldw...Read More
Mr. Quinton Hennigh reportsNOVO FILES UPDATED BEATONS CREEK TECHNICAL REPORT Novo Resources Corp.has filed a technical report prepared pursuant to National Instrument 43-101 (Standards of Disclosure for Mineral Projects) related to its Oct. 10, 2018, news release announcing the updated resource estimate for its Beatons Creek gold project, Western Australia. The independent technical report, entitl...Read More
Mr. Eric Fier reportsSILVERCREST FILES MINERAL RESOURCE TECHNICAL REPORT ON THE LAS CHISPAS PROPERTYSilvercrest Metals Inc. has filed a technical report titled, "Technical Report and Updated Mineral Resource Estimate for the Las Chispas Property, Sonora, Mexico," dated Nov. 19, 2018, with an effective date of Sept. 13, 2018. The Las Chispas report was completed for Silvercrest by N. Eric Fier, CPG...Read More
By Daniel CookPart 2: It's Only Natural...Every mining company has the same problem, they've got to replenish their inventory every year. That means if they're mining 100,000 ounces of gold annually they need to discover at least 100,000 ounces every year to stay afloat. Analysts and investors demand it and watch these inventory levels closely.Did you know SSR Mining's most profitable operation co...Read More