Newmont ‘refreshes brand’, raises dividend 79%
Newmont (TSX: NGT; NYSE: NEM) kicked off the second week of January with an announcement that it is dropping Goldcorp from its name and is also raising its quarterly dividend…
Fast News
Ascot Resources drills more high grades at Silver Coin in BC
The latest results from the Silver Coin deposit at Ascot Resources’ (TSX: AOT) Premier gold project continue to show high-grade mineralization at this zone. Drill highlights include 7 metres of…
China’s JCHX takes stake in Cordoba Minerals
Cordoba Minerals (TSXV: CDB) says a strategic investment from China’s JCHX Mining Management, which specializes in underground mine development and construction, should close before the end of January. JCHX is…
Nevada Copper ships first copper concentrate from Pumpkin Hollow in Nevada
The first copper concentrate has been shipped from Nevada Copper’s (TSX: NCU) Pumpkin Hollow project in Nevada to the company’s offtake partner Concord Resources. Production at the Pumpkin Hollow processing…
AngloGold Ashanti and Iamgold to sell stakes in Sadiola mine in Mali
South Africa’s AngloGold Ashanti (NYSE:AU) and its joint-venture partner IAMGOLD (TSX: IMG) are selling their 82% stake in the Sadiola mine in Mali to Australia’s Allied Gold for US$105 million….
Gold Fields receives environmental permit for Salares Norte in Chile
The Atacama Environmental Assessment Commission has approved the environmental impact study on Gold Fields’ (NYSE: GFI) Salares Norte project in northern Chile — paving the way for the company to…
Kirkland Lake expands mineralization at Fosterville
Kirkland Lake Gold (TSX: KL; NYSE: KL) has released infill and step out results from the Robbin’s Hill area, north of its high-grade Fosterville mine in Australia, where expansion drilling…
Osisko Metals shows ‘upside potential’ at Pine Point
Osisko Metals has released drill results from the East Mill zone at its Pine Point project with eight of the nine intercepts reported from outside of the current resource boundaries….
Kinross sells stake in Lundin Gold for $150M
Kinross Gold (TSX: K; NYSE: KGC) is selling 20.7 million shares, or its 9.2% stake, in Lundin Gold (TSX: LUG) for $150 million. Shareholders Newcrest Mining (ASX: NCM) and the…
Rio Tinto suspends South African operation over ‘criminal activity’
Increasing violence in communities around its Richards Bay Minerals complex in South Africa has forced Rio Tinto (NYSE: RIO) to curtail all mining operations there, the Anglo-Australian miner says. The…
First Cobalt advances Ontario-based refinery
First Cobalt (TSXV: FCC; US-OTC: FTSSF) has released an update on the progress of recommissioning its cobalt refinery in partnership with Glencore (LON: GLEN). The company expects to complete a…
Unigold finds gold mineralization at Neita in Dominican Republic
Two drill holes at Unigold’s (TSX-V:UGD) wholly owned Neita concession have intersected gold-rich massive sulphide mineralization at the project’s Candelones Extension zone. The 226-sq.-km Neita concession, 100 km southwest of Santiago…