Gold price steadies after record-breaking run
Gold prices held steady after a record-breaking rally that saw the spot price hitting new highs and futures touching US$2,000 per oz. for the first time. Spot gold continued its…
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Nighthawk adds to resource estimates at Indin Lake
Nighthawk Gold (TSX: NHK; US-OTC: NIMZF) has released an updated resource estimate for its Colomac gold deposits as well as a maiden underground resource for the Damoti deposit, 28 km…
US Mint limits gold, silver coin sales
The U.S. Mint has reduced the supply of gold and silver coins to third-party distributors as the coronavirus pandemic slows down the production of coin currency. The Mint’s New York-based…
Rio Tinto sees promise at Winu copper-gold project in Australia
Rio Tinto (NYSE: RIO; LSE: RIO) says it has made a “promising” discovery in Western Australia, 2 km east of its Winu copper-gold project, which is on track to begin…
ETFs drive gold price in Q2 as physical demand falls: Refinitiv
As the gold price breaks through US$1,900 per oz., Refinitiv has released its review of the gold sector in the second quarter, providing insight into where the demand is coming…
Golden Star sells stake in Bogoso-Prestea gold mine
Golden Star Resources (TSX: GSC; NYSE-AM: GSS) has announced it will sell its 90% stake in the Bogoso-Prestea gold mine in southwestern Ghana to Future Global Resources for US$55 million…
Iamgold resumes operations at Rosebel after coronavirus outbreak
Iamgold (TSX IMG; NYSE: IAG) has resumed operations at its Rosebel gold mine in Suriname, which was shut down in June after union leaders asked their members to put down…
Pentagon contracts Lynas to design rare earths facility in Texas
Lynas (ASX: LYC) has signed a contract with the U.S. Department of Defense to start design work for a heavy rare earth element (HREE) separation facility in Texas. The facility…
Teranga Gold says Senegal mine a ‘top tier’ asset
Teranga Gold (TSX: TGZ; US-OTC: TGCDF) has released a prefeasibility study for its Sabodala-Massawa complex in Senegal that shows the project is a “top tier mine” asset, the company says….
US gov’t approves Ambler access road in Alaska
The U.S. Bureau of Land Management has approved the development of the northern route to provide access to the Ambler mining district in northwest Alaska. According to South32 (ASX: S32)…
Roxgold drills more high grades at Seguela
Four drill rigs at Roxgold’s TSX: ROXG; US-OTC: ROGFF) Sequela gold project in Cote d’Ivoire continue to return high-grade results at both Ancien and Antenna North, the company reports. Assay…
Kore advances FG gold project in BC
KORE Mining (TSXV: KORE; US-OTC: KOREF) has released assay results for six holes completed at its FG Gold project in B.C.’s Cariboo region, which extend the Lower Zone discovery and…