Turquoise Hill flags US$200M cost increase at Oyu Tolgoi
Canada’s Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) flagged after markets closed on Thursday a US$200-million cost increase for the ongoing expansion of the massive…
Gold
Torex Gold continues to deliver on production, cost guidance with strong Q2
Torex Gold Resources (TSX: TXG) shares saw a nearly 15% bounce in trading today after the Mexico-focused miner posted second quarter results that beat analysts’…
Capex edges higher in Iamgold’s latest update for Cote gold JV
Iamgold (TSX: IAG ; NYSE: IAG) on Wednesday announced another increased estimate of capital expenditures for its 70%-owned Côté gold joint venture in northern Ontario…
Condor Gold shares jump on La India test results
Shares in Condor Gold ((TSX: COG; LSE: CNR) jumped on Thursday after unveiling final metallurgical tests results for its flagship La India open pit gold project in Nicaragua,…
Signal Gold shares rise on government green light for Nova Scotia project
Shares of East Coast-focused Signal Gold (TSX: SGNL) rose 17% Wednesday on the news that its Goldboro gold project has been approved by the Nova…
Silver Lake to invest more than $30M in turnaround plan for Sugar Zone gold mine
Australia’s Silver Lake Resources (ASX: SLR), the new owner of the Sugar Zone mine in northern Ontario, is prepared to invest between $31.2 million and…
Seabridge PEA outlines standalone underground mine opportunity at KSM with US$5.8B after-tax NPV
Seabridge Gold (TSX: SEA; NYSE: SA) has announced results of a preliminary economic assessment (PEA) for a potential copper-rich underground mine at its 100% owned…
One ‘Zamazama’ dead, 46 arrested in South Africa’s Witwatersrand Basin
About 700 tonnes of gold-bearing material valued at about $191,357 (ZAR2.5 million) has been recovered in a multidisciplinary enforcement action on eight premises on Monday…
Royal Gold ups royalty on Cortez gold complex in Nevada in US$525M deal
Royal Gold (NASDAQ: RGLD; LSE: 0KXS) announced on Tuesday a US$525-million acquisition of a sliding-scale gross royalty on an area including the Cortez mine and…
TSX end July 25-29 trading week in the black
Over the July 25-29 trading week, the S&P/TSX Composite Index gained 588.44 points or 3.1% to end at 19,104.48. The S&P/TSX Global Mining Index gained…
New Found Gold connects Keats and 515 zones at Queensway project in Newfoundland
New Found Gold (TSXV: NFG) has released results from 17 diamond drill holes that were completed as part of an ongoing program exploring a highly…
Gold Fields slowly turning Yamana deal doubters into allies
Gold Field’s (NYSE: GFI; JSE: GFI) intended acquisition of Canada’s Yamana Gold (TSX: YRI; NYSE: AUY) remains in limbo, though the South African miner has…