Soaring gold price boosts Centamin’s profits
Egypt-focused Centamin ((TSX: CEE; LON: CEY) has reported a 25% increase in annual profit thanks to higher gold sales at soaring prices for the precious metal. The miner’s profit last…
Gold
Calibre raising $100M to advance projects in Canada, US and Nicaragua
Calibre Mining (TSX: CXB; US-OTC: CXBMF) is raising $100 million for projects in Canada, the United States, and Nicaragua. A syndicate of underwriters led by BMO Capital Markets has agreed…
Barrick keen to seek new gold, copper deposits in DRC
The miner aims to explore new projects following its success with the Kibali gold mine.
Perseus gets key OreCorp shareholders onside with sweetened bid
Perseus Mining (TSX: PRU; ASX: PRU) announced on Wednesday that it has raised its off-market takeover offer for OreCorp (ASX: ORR) as it seeks to beat out Canadian rival Silvercorp…
Hummingbird faces fresh headwinds at Guinea mine
Africa-focused Hummingbird Resources (AIM: HUM) is facing more challenges at its Kouroussa gold mine in Guinea after one of its main contractors, Corica Mining Services, halted activities because of contractual…
Aurion shares bounce on B2Gold JV discovery in Lapland
Aurion Resources (TSXV: AU) shares rose almost 11% today after reporting a greenfields discovery with 70% joint-venture partner B2Gold (TSX: BTO) in northern Finland’s Central Lapland greenstone belt. The discovery…
Video: Montage CEO eyes growth in Africa
After taking the reins of Montage Gold (TSXV: MAU; US-OTC: MAUTF) in February, CEO Martino De Ciccio is working to realize his vision of recreate a multi-asset Africa-focused gold miner…
JV Video: Mandalay Resources aims for acquisitions
Mandalay Resources has a three-pronged strategy to expand into a mid-tier gold producer, president and CEO Frazer Bourchier says in a new video. Toronto-based Mandalay is maintaining cash flow from…
K92 pauses work at Kainantu mine after worker death
K92 Mining (TSX: KNT; US-OTC: KNTNF) announced on Tuesday that underground operations at its Kainantu gold mine have been temporarily suspended following the death of an employee on March 10….
TNM Drill Down: Collective tops assays again with Guayabales project in Colombia
Our TNM Drill Down features highlights of the best gold assays of the March 8-15 period. Drill holes are ranked by gold grade x width as identified by data company…
JV Article: Kirkland Lake Discoveries drills promising targets in the Abitibi
In the heart of the renowned Kirkland Lake Camp within the Abitibi greenstone belt, Kirkland Lake Discoveries (TSXV: KLDC; US-OTC: KLKLF) is embarking on an ambitious 4,000-metre drilling initiative at…
Latin America snapshot: Eight companies hunting for gold, copper and more
For centuries, Latin America has been renowned for its vast mineral potential. Here are eight companies making the most of the opportunity as they explore in Argentina, Ecuador, Mexico and…