Barrick aims to start producing at Pakistan’s Reko Diq in 2027
Barrick Gold (TSX: ABX; NYSE: GOLD) aims to start producing copper and gold from its Reko Diq project in Pakistan’s Balochistan province in 2027, the company’s CEO Mark Bristow said…
Gold
Marathon Gold’s Valentine project nears federal EA decision, early site work to begin in Q3
Having recently completed its environmental assessment (EA) process with the government of Newfoundland and Labrador, Marathon Gold (TSX: MOZ) says the federal EA for its Valentine project is also approaching a…
Sprott ups stake in New Found Gold to 31.4% with $125.9M purchase of shares from Novo
Western Australia-focused gold producer Novo Resources (TSXV: NVO; US-OTC: NSRPF) has agreed to sell its entire stake in New Found Gold (TSXV: NFG; US-OTC: NFGFF), consisting of 15 million shares…
Zeb Nickel reports new gold zone at flagship nickel project in South Africa
Zeb Nickel (TSXV: ZBNI; US-OTC: ZBNIF) has discovered a new gold zone at its at its namesake nickel project located in Limpopo, South Africa. Two out of the eight drill…
Western Australia is world’s new top mining destination
Resource-rich Western Australia has been picked the most attractive region for mining investment in 2021, replacing the U.S. state of Nevada, which fell to the third place in the latest…
TSX falls during Apr. 4-8 trading week
Over the Apr. 4-8 trading period, the S&P/TSX Composite Index fell 211.25 points or 0.96% to 21,874.35. The S&P/TSX Global Mining Index increased 0.6 points or 0.46% to 129.58 and…
TSX Venture Exchange advances, Apr. 4-8
The S&P/TSX Venture Composite Index advanced 22.21 points or 2.6% over the Apr. 4-8 trading session to end at 888.21. The week’s most actively traded stock was Pure Gold Mining,…
Barrick pulls the trigger on Pueblo Viejo expansion
The Dominican Republic has completed a review of the location for a new tailings storage facility for Barrick Gold’s (TSX: ABX; NYSE: GOLD) US$1.4 billion Pueblo Viejo gold mine expansion…
Civil claim filed against junior miner Pure Gold in BC Supreme Court
Pure Gold Mining (TSXV: PGM; LSE: PUR) has been named in a civil claim in the British Columbia Supreme Court for allegedly failing to disclose information relating to its operations…
Analysts adjust higher metal price assumptions on Russia-Ukraine conflict
Several analysts have adjusted higher their metal price assumptions for 2022 as the February Russian invasion of Ukraine drags on, wreaking havoc on global metals and mineral supply chains. Moody’s…
Kinross to post first resource for Great Bear in 2022, with prefeasibility study to follow
Kinross Gold (TSX: K; NYSE: KGC) is aiming to report an initial inferred resource for its recently acquired Great Bear (Dixie) project in Red Lake, Ont., by the end of…
First Larkin Zone resource boosts Beta Hunt gold inventory for Karora
With the addition of a first resource for the Larkin Zone at its Beta Hunt mine in Western Australia, Karora Resources (TSX: KRR; US-OTC: KRRGF) has increased its measured and…