Gold Royalty adds BHP’s Brazil mine in $70M deal
Gold Royalty (NYSE-A: GROY) has agreed to buy an existing royalty on the Pedra Branca mine held by BlackRock World Mining Trust for $70 million cash. The copper-gold mine, located…
Precious Metals
London Symposium: Japan Gold seeks new partners
Japan Gold (TSXV: JG; US-OTC: JGLDF) has begun talks with various investors looking to jointly explore for gold and develop mines in the Asian country after an alliance with Barrick…
McEwen expands high-grade gold zone at Froome mine
McEwen (TSX, NYSE: MUX) said new drilling at its Froome mine in northern Ontario boosted the property’s higher-grade gold mineralization by about 45%. Drillhole 25PR-G467 cut 31 metres grading 7.7 grams gold…
Fortuna betting on West Africa to boost gold output
Séguéla, Côte d’Ivoire – West Africa is poised to play a pivotal role in Fortuna Mining’s (TSX: FVI; NYSE: FSM) drive to boost annual gold output past the 500,000 oz. mark…
Site visit: Fortuna’s Séguéla gold mine poised for growth
Séguéla, Côte d’Ivoire – Fortuna Mining’s (TSX: FVI; NYSE: FSM) success in expanding its flagship Séguéla mine in Côte d’Ivoire has surprised even some of its own employees. Vancouver-based Fortuna last month…
Glencore cuts 2026 copper target, plots long-term jump
Mining and commodities giant Glencore (LSE: GLEN) plans to expand annual copper production to about 1.6 million tonnes by 2035 as it seeks to reverse a multi-year slump in output….
Sitka Gold results extend Eiger target in Yukon
Recent drilling at Sitka Gold’s (TSX-V: SIG; US-OTC: SITKF) Eiger target in Yukon has expanded the mineralized envelope beyond the resource estimate boundary as high-grade results suggest a stronger section…
Torex finds new high-grade gold zones near Media Luna
Torex Gold Resources (TSX: TXG; US-OTC: TORXF) said new drilling near its Media Luna underground mine in Mexico yielded high-grade zones west of the main deposit. Hole ML25-1088D in the…
Endeavour aims for 15M oz in 5-year exploration push
Endeavour’s $540M plan expands operations and adds 6Moz via greenfield projects, including two to three potential cornerstone assets.
Jansen ‘learnings’ key to limiting costs: BHP executive
BHP (NYSE, LSE, ASX: BHP) wants to use lessons from its maiden foray into potash production to ensure that a subsequent expansion of the facility is completed at or under…
Selkirk Copper’s drilling expands Minto high-grade zone
Selkirk Copper Mines (TSX-V: SCMI) said fresh drilling at the past-producing Minto copper-gold-silver mine in the Yukon has expanded a previously identified high-grade mineralized area in the property’s northwest zone….
London Symposium: Artisanal mining growing in South America, Pan Am Silver exec says
Pan American Silver (TSX, NYSE: PAAS) is working with small-scale miners in Peru to help them raise production standards and sell their gold to central banks – an effort that isn’t…