Gold Fields to shut Damang after Ghana denies lease
Gold Fields (JSE, NYSE: GFI) will cease operations at its Damang mine in Ghana after the government rejected the company’s application to extend the site’s lease expiring on Friday. The…
Precious Metals
PDAC video: Newcore Gold expands drill program for Enchi resource upgrade, CEO says
Newcore Gold (TSXV: NCAU; OTCQX: NCAUF) has increased its drilling to 35,000 metres at the Enchi gold project in Ghana, CEO Luke Alexander says in a video interview. Upgraded and…
PDAC Video: Blue Lagoon preps for July gold production start in BC
Blue Lagoon Resources’ (CSE: BLLG; US-OTC: BLAGF) Dome Mountain gold project is the most recently permitted mine in British Columbia and it’s looking to start producing in July. Through its…
PDAC JV video: New Zealand aims to fast-track mining
New Zealand is holding up its fast-track and “one-stop shop” legislation as ways to streamline project approvals and reinvigorate the economy, resources minister Shane Jones says. The new processes are…
Power Metallic CEO sees ‘monster-size’ deposit at Nisk
Power Metallic Mines’ (TSXV: PNPN; US-OTC: PNPNF) Nisk polymetallic property is probably at least as large as Anglo American’s (LSE: AAL; US-OTC: AAUK) 44-million-tonne Sakatti copper-nickel-platinum project in Finland, CEO…
Dryden encounters ‘significant’ visible gold at Elora
Canadian junior miner Dryden Gold (TSXV: DRY; USOTC: DRYGF) says it encountered “significant” visible gold during deeper drilling at its Elora property in Ontario. The newly discovered section in hole…
Barrick eyes over $2B in financing for Reko Diq
Barrick Gold (TSX: ABX; NYSE: GOLD) plans to secure more than $2 billion (C$2.84 billion) in financing for its Reko Diq copper and gold project in Pakistan, with term sheets…
PDAC video: Eldorado targets 43% output surge
Eldorado Gold (TSX: ELD; NYSE: EGO) is aiming for a 43% increase in output over the next three years over 2023 gold production levels as new projects enter operations and…
Renforth boosts Parbec gold project’s size by 29%
A new resource estimate for Renforth Resources’ (CSE: RFR; US-OTC: RFHRF) Parbec gold project in western Quebec raises the deposit’s size by about one-third, the company says. Measured and indicated…
Kinross buys 9.9% of Nevada-focused Eminent Gold
Kinross Gold (TSX: K) is taking a 9.9% equity stake in Eminent Gold (TSXV: EMNT) by partaking in a private placement arranged by the Nevada-focused gold junior. Under the placement disclosed on…
Mining dominates Poilievre’s speedy permits list
Mining investments make up nearly all the resource projects Conservative leader Pierre Poilievre would approve within a year if elected Canadian Prime Minister this month. Campaigning in British Columbia on…
Ontario’s $11B in tariff aid defers mining tax
Ontario plans to provide about $11 billion in relief to workers and businesses to help weather the impact of U.S. tariffs. The support package includes deferring business taxes, including the mining…