Explorer combs near ex-Rio copper mine in Pacific
A private Canadian junior is exploring on Papua New Guinea’s Bougainville Island that suffered a decade-long civil war and environmental damage linked to a former Rio Tinto (NYSE: RIO; LSE:…
Gold
JV Article: New legislation to ‘turbo-charge’ mining in New Zealand: Resource Minister
The election of a new Prime Minister late last year was a geopolitical shift in New Zealand. The new government introduced a fast-track approvals bill for infrastructure and mining projects…
Contango grows Alaska gold footprint with two buys
Emerging North American gold producer Contango Ore (NYSE-A: CTGO) is boosting its landholding and production in Alaska with the acquisition of Canada’s HighGold Mining (TSXV: HIGH; US-OTC: HGMIF) and an…
Pan American Silver sells La Arena gold project in Peru to Zijin Mining for US$295M
Pan American Silver (TSX: PAAS; NYSE: PAAS) is selling its La Arena gold mine in Peru to China’s Zijin Mining for US$245 million cash upfront and a US$50 million contingent…
Dundee Precious Metals rushes Serbian gold discovery to high-margin PEA
Dundee Precious Metals (TSX: DPM) assembled a study backing development for its Čoka Rakita gold discovery in Serbia in 18 months. With an initial investment of US$381 million and at…
Treasury Metals to buy Giustra-backed Blackwolf Copper and Gold
Treasury Metals (TSX: TML; US-OTC: TSRMF) is bolstering its balance sheet and management with a deal to acquire Alaska-focused Blackwolf Copper and Gold (TSXV: BWCG; US-OTC: BWCGF) and its development-stage…
Abitibi Metals posts 2.3% copper at B26 in Quebec
Abitibi Metals (CSE: AMQ; US-OTC: AMQFF) reported more strong copper mineralization on Thursday at its B26 deposit in western Quebec after results earlier in the week and in March. Drill hole…
Glencore takes 15.4% Stillwater Critical Minerals stake
Swiss diversified miner Glencore (LSE: GLEN) has increased its stake in Stillwater Critical Minerals (TSXV: PGE; US-OTC: PGEZF) to 15.4% for a total investment of $7.1 million in less than…
Sitka Gold’s first hole of 2024 ‘most consistent’ yet at RC project in Yukon
Sitka Gold (TSX-V:SIG; US-OTC:SITKF) reported grades Wednesday of up to 1.16 grams gold per tonne over 191 metres in its first drill hole of the year at its RC Gold…
Thesis Gold gains on new resource hiking Lawyers-Ranch tonnage in B.C.’s Toodoggone area
Thesis Gold (TSXV: TAU; US-OTC: THSGF) says an updated resource at the combined Lawyers-Ranch gold silver project in British Columbia increases the tonnage by nearly a third compared with a 2022…
Barrick’s Mali mine feeds Russian war machine, advocacy group says
Barrick Gold (TSX: ABX; NYSE: GOLD) faced criticism outside its annual general meeting on Tuesday in Toronto for supporting Malian rulers with ties to Russia. The operator of the Loulo-Gounkoto…
Bullion demand rises on central banks, East-West investor flip-flop, gold council says
Gold demand increased 3% during the first quarter because of buying by central banks, Asian investors and jewellers, the World Gold Council says in a new report. Purchases rose to…