Gold price rebounds on US-Iran deal hopes
Gold bounced back on Wednesday to approach a two-week high, as optimism over a U.S.-Iran peace deal eased concerns over inflation and an extended period of high interest rates. Spot…
Gold
Power Metallic hits 4.4% copper at Nisk in Quebec
Power Metallic Mines (TSXV: PNPN; US-OTC: PNPNF) has hit two more thick, shallow polymetallic intervals at the Nisk project’s Lion zone. Shares rose. Both holes are about 100 metres below…
Collective gold drills lift Ramp zone in Colombia among ‘highest profile globally’
The first holes targeting part of the Ramp zone at Collective Mining’s (NYSE, TSX: CNL) Apollo deposit in west-central Colombia highlight Ramp’s potential as a main target in the development…
Gold M&A: Regis, Vault merge to create $7.7B producer
Regis Resources (ASX: RRL) has agreed to merge with Vault Minerals (ASX: VAU) in an all-share deal valued at about A$10.7 billion (US$7.7 billion), creating a new senior gold producer…
Obituary: Dale Corman remembered as tireless builder
During times that demand mining industry leadership as metals rise in global importance, Canada has lost one of its trailblazers of precious and critical metals. Dale Corman, leader of numerous…
Blast at Glencore’s Kazzinc plant kills two, injures five
Two people were killed and five others were injured following an explosion at Glencore’s (LSE: GLEN) large zinc-gold production facility in eastern Kazakhstan on Tuesday. Preliminary findings suggest that the…
Dominican Republic halts GoldQuest gold-copper project after protests
Dominican Republic President Luis Abinader has ordered a suspension of all activity at GoldQuest Mining’s (TSX-V: CQC) Romero gold-copper project after mass protests over environmental risks Thousands of demonstrators marched…
Ottawa’s $6B skills push pits miners vs builders
Ottawa’s $6-billion (US$4.4-billion) push into skilled trades aims to ease a looming labour crunch, but it’s uncertain how much of the spending will reach mining – an industry already scrambling…
Sibanye halts Kloof shaft after two killed
Sibanye-Stillwater (JSE: SSW, NYSE: SBSW) said it halted a shaft at its Kloof gold operations in South Africa to probe how two of its employees died during a routine inspection….
Gold price continues to slide as US-Iran deal stalls
Gold dipped on Monday after two straight weekly declines, as a stalled United States-Iran deal continued to reinforce investor concerns over inflation. Spot gold fell as much as 1.8% to…
Pakistan separatists unravel Barrick’s Reko Diq plans
Militant attacks in Pakistan’s Balochistan province are emerging as a central risk to the U.S.-backed resources push anchored by Barrick Mining’s (TSX: ABX; NYSE: B) Reko Diq copper-gold project. The…
Newmont-backed Awalé drills new gold zone at Odienné
Drilling at Awalé Resources’ (TSXV: ARIC; US-OTC: AWLRF) Odienné copper-gold project in northwest Côte d’Ivoire has uncovered a new zone in near-surface gold mineralization at its Fremen target. Highlight hole SSAC-08 cut 17 metres…