Asante Gold grows Bibiani output with third satellite pit
Asante Gold (CSE: ASE) has begun mining from the Russel starter pit at its Bibiani gold mine in Ghana, after receiving all necessary permits earlier…
Gold
Fed cuts rate by 0.5%, gold rises
The United States Federal Reserve lowered its benchmark interest rate by 50 basis points to a range of 4.75% to 5% on Wednesday as the…
Magna Mining PEA update hikes return five-fold for Crean Hill nickel project
An updated preliminary economic assessment (PEA) for Magna Mining’s (TSXV: NICU; US-OTC: MGMNF) Crean Hill project near Sudbury, Ont. bumps its internal rate of return…
Tribal warfare kills at least 20 near Porgera mine in PNG
Tribal warfare near Barrick Gold‘s (TSX: ABX: NYSE: GOLD) 49%-owned Porgera gold mine in Papua New Guinea has escalated into a violent shootout that’s killed…
Letter to the editor: Where has Yukon’s sense of urgency gone on Eagle cleanup?
The forced receivership of Victoria Gold has exposed a troubling pattern of mismanagement and double standards by the Yukon government. The government’s initial emphasis on…
Dearth of quality new gold discoveries to crimp supply — report
In recent years, gold discoveries around the world have become more scarce and smaller in size, dampening the outlook for future supply of the metal,…
Gowest Gold preps to go private as Chinese investors hold almost half of shares
Gowest Gold (TSXV: GWA) is about to go private after the Ontario Superior Court of Justice approved a plan for shareholders to buy the company’s…
Atlantic Mining to pay Nova Scotia $80M gold mine clean-up bond as it appeals conditions
The Nova Scotia subsidiary of Australia’s St Barbara (SBM:ASX) says the province has agreed to accept the remaining $38.7 million of a bond by the end…
Wheaton Precious Metals unveils US$1M tech challenge
Wheaton Precious Metals (TSE: WPM) and Foresight Canada are launching the Future of Mining challenge, offering a US$1-million prize for groundbreaking technology. The competition, which is…
Beaver Creek: Rule, Hathaway, Giustra reflect on surging gold price, humdrum equities
Beaver Creek, Col. – Industry leaders debated the roles of economic uncertainty, inflation and monetary policy in driving gold to a record high this week…
Australia’s $2.4B market cap Westgold joins TSX
A shower of confetti and an electronic bell ring at the Toronto Stock Exchange Friday morning welcomed Westgold Resources (ASX: WGX; US-OTC: WGXRF; TSX: WGX) as its…
Beaver Creek: Fury Gold CEO slams market for stalled share price despite Quebec discovery
Beaver Creek, Colo. – Fury Gold Mines (TSX: FURY; NYSE: FURY) CEO Tim Clark says the market is undervaluing the company’s portfolio despite delivering a…