Plummeting platinum group prices could worsen shortage: report
The price of platinum group metals (PGM) has fallen by 42% this year and could widen a supply deficit if unprofitable mines are sidelined, according to a new report by…
Gold
Seabridge confirms new porphyry discovery at Iskut property in BC
Seabridge Gold (TSX: SEA) (NYSE: SA) has achieved its 2023 goal of finding a new porphyry mineral system from drilling on the Snip North target of its Iskut property in…
Vista Gold taps Wheaton for $20M royalty to advance Mt. Todd project in Australia
Wheaton Precious Metals (TSX: WPM, NYSE: WPM; LSE: WPM) is buying a 1% gross revenue royalty on Vista Gold’s (TSX: VGZ; NYSE-AM: VGZ) Mt. Todd project in Australia for US$20…
Osisko Gold Royalties sells Osisko Mining shares
Canada’s Osisko Gold Royalties (TSX:OR; NYSE: OR) has sold all the shares it held in exploration and development company Osisko Mining (TSX: OSK) for $132 million (US$98.3 million). The Montreal-based firm,…
Barsele takes over Gold Line while advancing Agnico-led project in Sweden
Barsele Minerals (TSXV: BME; US-OTC: BRSLF) is buying Gold Line Resources (TSXV: GLDL; US-OTC: TLLZF) in an all-share deal to consolidate projects in Sweden and Finland, the companies said on Wednesday. Gold Line…
Eldorado Gold shares fall on lower Lamaque reserves
Shares in Eldorado Gold (TSX: ELD; NYSE: EGO) fell on Wednesday after the company announced a 5% decrease this year in proven and probable gold reserves at specific assets within…
Barrick says outside actors to blame in fresh abuse allegations at North Mara in Tanzania
Barrick Gold (TSX: ABX; NYSE: GOLD) says a human rights group making allegations of forced expulsions to expand the North Mara mine in Tanzania is incorrect. Ottawa-based MiningWatch Canada contends…
Pasofino becomes sole owner of Dugbe gold project in Liberia
Pasofino Gold (TSXV: VEIN; US-OTC: EFRGF) is now the sole owner of the Dugbe gold project in Liberia after consolidating a 100% interest from Hummingbird Resources (AIM: HUM), as the…
Solaris taps US$80M Orion financing to advance Warintza copper project in Ecuador
Solaris Resources (TSX: SLS; US-OTC: SLSSF) has secured US$80 million in funding from Orion Mine Finance Management for the Warintza copper-gold project in Ecuador. The deal is made up of US$60…
TNM Drill Down: Westgold tops week’s assays at Fortnum in Australia
Our TNM Drill Down features highlights of the top gold assays from Dec. 1-8. Drill holes are ranked by gold grade x width, as identified by data company Mining Intelligence.Projects…
Dundee tallies 1.8M oz gold resource less than a year after Čoka Rakita discovery
Dundee Precious Metals (TSX: DPM) has released its first resource for a discovery it made less than a year ago — its Čoka Rakita project in eastern Serbia. The initial…
Barrick gets go ahead for Goldrush mine ramp-up
Barrick Gold (TSX: ABX; NYSE: GOLD) said on Monday the US Bureau of Land Management has approved the company’s plan of operations for its Goldrush underground mine at the Cortez…