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…
Precious Metals
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…
Rosebud project, like in ‘Citizen Kane,’ reveals another secret
New drilling by Canadian explorer Blossom Gold (TSX: BGAU) at its Rosebud open-pit, heap-leach project in Nevada points to broad mineralized zones around areas of historical underground mining. Hole BG26-027 in…
Tether lifts Metalla stake to 14%
Tether International has raised its stake in Metalla Royalty & Streaming (TSXV, NYSE-A: MTA) to about 14%, deepening the stablecoin group’s push into Canadian gold royalty companies. The El Salvador-based…
Salares Norte lifts Gold Fields as other mines falter
Gold Fields (JSE, NYSE: GFI) is leaning on its newest operating mine, Salares Norte in northern Chile, to offset weaker expected production at Gruyere in Australia and Tarkwa in Ghana…
Barrick names Bock to lead overseas arm
Barrick Mining (NYSE: B; TSX: ABX) has named Sebastiaan Bock to lead its international gold and copper business as the miner prepares to split its North American and overseas assets….
Lake Victoria’s Tembo holds 600K oz. gold near Barrick
An initial resource for Lake Victoria Gold’s (TSXV: LVG) Tembo project in Tanzania shows the deposit contains almost 600,000 oz. gold next to Barrick Mining’s (TSX: ABX; NYSE: B) Bulyanhulu…
Fortuna buys Barrick, Iamgold project for $200M
Fortuna Mining (NYSE: FSM; TSX: FVI) is buying the Bambadji gold project in Senegal for $200 million (C$279 million) from Barrick Mining (NYSE: B; TSX: ABX) and Iamgold (TSX: IMG;…
Study gives White Gold nearly $2B value for 9-year mine
A preliminary economic assessment (PEA) for White Gold’s (TSXV: WGO; US-OTC: WHGOF) namesake site positions it among Yukon’s top undeveloped yellow metal projects by economics and returns, with its $1.9…
Gold holds above $4,300 per oz as rate-cut bets build
Bullion extends last week’s 7% surge as weak US employment data, investor positioning and Chinese buying lend support.
Iamgold defers Côté expansion, studies bigger build
Iamgold (TSX: IMG; NYSE: IAG) has deferred a planned expansion of Côté Gold while it studies a much larger build that could nearly double the Ontario mine’s processing rate to…