PDAC JV video: Mandalay aims for low-cost, mid-tier status, CEO says
Mandalay Resources (TSX: MND) aims to triple output to as much as 300,000 to 500,000 oz. by 2030, CEO Frazer Bourchier said in Toronto. The company produces about 100,000 oz….
Gold
Morningstar sees gold falling to $1,820 by 2030
Despite gold’s record-breaking rallies and banks doubling down on their bullish price forecasts, one analyst has a contrarian take on where the precious metal stands long term. According to David…
PDAC JV video: Aurania Resources founder Keith Barron on his next gold discovery
Aurania Resources (TSXV: ARU; US-OTC: AUIF) CEO Keith Barron sparked interest at PDAC, showing off a quartz sample with visible gold from Brittany in northern France. “Maybe we made the…
PDAC Q&A: Torex CEO sees Mexico administration ‘tailwinds’ for Media Luna
Canadian gold producer Torex Gold Resources (TSX: TXG) is almost ready to start commercial production this spring at its $950-million (C$1.36-billion) underground Media Luna project in Mexico’s Guerrero gold belt….
Abitibi’s B26 hits high-grade copper in Quebec
Drilling at Abitibi Metals’ (CSE: AMQ; US-OTC: AMQFF) main B26 polymetallic project in western Quebec has returned results as high as 13.25% copper, the company reported Wednesday. Shares rose. Highlight…
PDAC JV video: Poor performers force quality juniors into steep discounts, Fury Gold CEO says
Excessive spending and stretched financing by project developers push even good projects into steep discounts, Fury Gold Mines CEO Tim Clark said. A good example is the 300-km greenstone belt…
Atex rises on best copper-gold assay yet at Valeriano
Drilling at Atex Resources’ (TSXV: ATX) Valeriano copper-gold project in northern Chile returned results as high as 2.21% copper – the company’s highest-grade intersection yet in mineralized porphyry at the…
Gold price to reach $4,000 on central bank demand, DoubleLine’s Gundlach says
Gold added some more sparkle to the still-recovering financial markets on Friday by reaching the $3,000-an-oz. level for the first time. The die-hard bulls have long seen this coming, and…
Baru Gold plunges after investment deals break down
Shares of Baru Gold (TSXV: BARU, OTCQB: BARUF) plunged on Monday after the junior miner announced that both of its previously agreed investments would not go through, leaving it once again in…
Barrick fined for excess cobalt in BC river
Barrick Gold (NYSE: GOLD; TSX: ABX) has been hit with a $114,750 fine for its repeated, excessive discharge of toxic materials from the now-decommissioned Nickel Plate gold mine near Hedley,…
Gold makes history with $3,000 milestone
Gold made history on Friday by reaching the $3,000 per oz. level for the first time, as investors continue to pile onto the safe-haven metal to seek cover from economic…
Collective soars again as Agnico invests $63M
Collective Mining (TSX, NYSE: CNL) hit a fresh one-year high after the company secured a $63.4 million investment from Agnico Eagle Mines (TSX, NYSE: AEM) in a share offering and…