Omai values Guyana gold project at $4B
A new economic study for Omai Gold Mines’ (TSXV: OMG; US-OTC: OMGGF) namesake project in Guyana positions it among the largest and most valuable undeveloped gold projects in South America,…
Precious Metals
Gold Fields puts $77M in Suriname-focused Founders
Gold Fields (NYSE, JSE: GFI), one of the world’s largest gold miners, is investing another $77 million (US$55.7 million) to raise its stake in Suriname explorer Founders Metals (TSXV: FDR;…
Onyx hits 13g gold at Munro-Croesus in Ontario
Onyx Gold (TSXV: ONYX) reported one of its highest-grade intervals yet at the Munro-Croesus project in northern Ontario as the Canadian developer works to outline a broad gold system. The…
McFarlane Lake boosts Juby gold resource by 2M oz
An update for McFarlane Lake Mining’s (CSE: MLM; US-OTC: MLMLF) Juby gold project in northeastern Ontario has lifted global contained gold by 48% over the initial resource from last October, while…
Arizona Eagle buys three-past producing silver mines
Arizona Eagle Mining (TSXV: AZEM; US-OTC: AZEMF) said it’s acquired about 251,000 sq. metres of land hosting three past-producing high-grade silver mines in Yavapai County, Arizona. The newly acquired properties…
Equinox Gold gains key federal permit for South Railroad, kicks off early works
Equinox Gold (TSX, NYSE-A: EQX) is starting early works construction at its South Railroad project in Nevada after it completed an important stage of federal environmental permitting, putting it on…
OceanaGold expands with $553M Ausgold buy
Canadian gold and copper producer OceanaGold (TSX, NYSE: OGC) is buying Australia’s Ausgold (ASX: AUC) for A$776 million (almost US$553 million), giving the miner its first acquisition in Australia and…
AngloGold Ashanti in $58.5M deal to double Thesis stake
AngloGold Ashanti (NYSE: AU) is investing $58.5 million (US$42 million) to double its stake in Thesis Gold & Silver (TSXV: TAU; US-OTC: THSGF) and help the Vancouver-based developer advance the…
Venezuela targets $4.4B London gold stash
Venezuela’s government and opposition have agreed to jointly pursue the return of about 31 tonnes of gold held at the Bank of England in a plan to help finance reconstruction…
Newmont backs junior Headwater on 3rd Nevada project
Newmont (NYSE, ASX: NEM; TSX: NGT) has agreed to earn control of Headwater Gold’s (CSE: HWG; US-OTC: HWAUF) Jupiter gold project in Nevada by covering exploration costs and completing a…
G Mining hikes cost forecast on labour, royalties
Operating expenses at South America-focused gold producer G Mining Ventures (TSX: GMIN; US-OTC: GMINF) will be about 12% higher this year due in part to labour-cost inflation and increased royalty…
Podcast: Wheaton Precious Metals CEO Haytham Hodaly on the evolution of the streaming model
This week’s episode features Wheaton Precious Metals (TSX, NYSE, LSE: WPM) CEO Haytham Hodaly in conversation with host Adrian Pocobelli on how the streaming model is holding up in today’s…