Peru’s mining policy snafu gives investment a bloody nose
Peru appears to have backtracked on a decision announced on November 19 that it would have forced the premature closure and block extensions of Hochschild Mining‘s (LSE: HOC; US-OTC: HCHDF)…
Gold
New World Resources reports first resource for Antler project in Arizona
Australia’s New World Resources (ASX: NWC) has wasted little time since signing an option agreement in January 2020 to earn 100% of the Antler copper project in northwestern Arizona. The…
Harte Gold announces assignment of credit facilities to Silver Lake Resources
Australia’s Silver Lake Resources (ASX: SLR) has acquired US$63.3 million in credit facilities that BNP Paribas provided Canadian miner Harte Gold (TSX: HTR) for its Sugar Zone mine in Ontario….
Rio Tinto CEO, Mongolian PM talk Oyu Tolgoi’s future
Rio Tinto (ASX, LON, NYSE: RIO) CEO Jakob Stausholm met this week with Mongolia’s Prime Minister Luvsannamsrain Oyun-Erdene in the hope of ironing out issues threatening the future of the…
The View from England: Party time is upon us
The U.S.A. is celebrating this week but Scotland will follow soon after, and there are few nations on Earth that know how to party like the Scottish, especially when there…
SolGold delays prefeasibility study for Cascabel again
SolGold (TSX: SOLG; LSE: SOLG) announced it will delay the release of the prefeasibility study for its flagship Cascabel copper-gold project in Ecuador. The mining company said the delay will…
Ghana backs Chifeng Jilong Gold Mining’s acquisition of Wassa mine
China’s Chifeng Jilong Gold Mining has received Ghana’s approval to proceed with the acquisition of Golden Star Resources (TSX: GSC), which owns 90% of the Wassa gold mine in the country’s southwest,…
Hochschild shares tank after Peru nixes key mine extensions
London-based Hochschild Mining (LSE: HOC; US-OTC: HCHDF) says it will fight “illegal” efforts by Peru to close and block extensions of its Pallancata and Inmaculada mines on environmental grounds. The…
Talisker cuts 81 grams gold per tonne in Bralorne-Pioneer Gap zone in BC
Talisker Resources (TSX: TSK; US-OTC: TSKFF) has reported drill results that include 81.09 grams gold per tonne over 1.3 metres from the 77 vein in the Gap zone, situated between…
JV Article: Great Panther Mining aims to add more ounces at Tucano in Brazil
Canadian miner Great Panther Mining (TSX: GPR; NYSE: GPL) is a gold and silver producer with a diversified portfolio of assets in the Americas. The Vancouver-headquartered company owns properties in Brazil, Mexico,…
London-based Tembo Capital raises US$380 million for third mining fund
In October, U.K.-based Tembo Capital, a leading investment advisor in the metals and mining sector, closed its third mining fund with commitments of US$380 million. The fund will focus on…
GMS: Between fund managers and miners, much value left on the floor, says Barrick’s Mark Bristow
The global gold mining industry is generally caught between a rock and a hard place when it comes to the disconnect between fund managers and the business of producing sustainable…