Marathon Gold on schedule to begin production in early 2025
Marathon Gold (TSX: MOZ) is on track to begin production at its Valentine gold project in Newfoundland by the first quarter of 2025. The company began early works on the…
Gold
American Pacific adds Centerra Gold to roster of prospecting partners
Canadian exploration outfit American Pacific Mining (CSE: USGD; US-OTC: USGDF) on May 2 agreed to buy privately held Clearview Gold in a deal valued at $5 million, thus adding a…
Oroco rises on ‘robust’ copper resource at Santo Tomas in Mexico
Shares in Oroco Resource (TSXV: OCO; US-OTC: ORRCF) gained after the explorer said a deposit estimate for the Santo Tomas copper project in northwest Mexico “significantly” expands on 1990s studies. The…
Mexico’s ‘shock’ new mining law hurts juniors most
A new mining regime blindsided Canadian juniors in Mexico on Apr. 29 after the Mexican Senate rushed through a contentious bill that experts say will deter investment. Under the new…
Gold Fields buys half of Osisko’s Windfall high-grade gold project in Quebec
Gold Fields (NYSE: GFI; JSE: GFI), the eighth-largest miner by market value, has joined with Osisko Mining (TSX: OSK) to back the Windfall gold project in Quebec, one of Canada’s…
Newmont touts Goldcorp synergies as clock ticks on Newcrest takeover bid
As an exclusive four-week due diligence period for Newmont (NYSE: NEM; TSX: NGT) to assess the Newcrest Mining (TSX: NCM; ASX: NCM) data room draws to a close, Newmont says…
BMC Minerals expands Yukon portfolio with $3.6M Kona copper-gold deal
BMC Minerals has acquired 100% of the Kona copper-gold deposit from Pacific Ridge Exploration (TSXV: PEX) in southern Yukon as part of a $3.6-million deal. In late March, BMC made…
Emerita readies first resource for La Romanera in Spain
Iberian Pyrite Belt-focused explorer Emerita Resources (TSXV: EMO; US-OTC: EMOTF) on Monday reported a strong batch of drill results from its La Romanera polymetallic deposit ahead of an initial resource…
Army gives glimmer of hope for Pebble copper-gold project in Alaska
The United States Army is improving the slim odds for the Northern Dynasty Minerals (TSX: NDM; NYSE: NAK) Pebble project in southwest Alaska which has already been blocked by environmental…
TNM Drill Down: Best gold assays of the week come from Fiji, Colombia and Mali
Our TNM Drill Down features highlights of the top gold assays of the past week (Apr. 21-28). Drill holes are ranked by gold grade x width, as identified by our…
No mining allowed in six new Indigenous reserves in Brazil
Brazilian President Luiz Inácio ‘Lula’ Da Silva has issued a decree creating six new Indigenous reserves, most of them in the Amazon, that are off limits for mining. The move…
Eldorado Gold shares rise on Q1 production jump, earnings beat
Eldorado Gold (TSX: ELD) has reported a 21% bump in first-quarter production to 112,533 oz. gold from the same period last year on the back of higher gold production at…