OceanaGold reports $124M profit for 2018
OceanaGold (TSX: OGC; ASX: OGC) reported annual revenue in 2018 of US$773 million and net profit before unrealized gains or losses on undesignated hedges of US$124 million. Earnings before interest, tax,…
Gold
First Mining hits higher gold recoveries at Springpole
First Mining Gold (TSX: FF; US-OTC: FFMGF) says positive interim metallurgical test results for its Springpole gold project, located 110 km northeast of Red Lake, Ont., could increase the project’s…
Kinross Gold posts $23.6M loss for 2018
Kinross Gold (TSX: K; NYSE: KGC) produced 2.45 million gold-equivalent ounces last year with record production from its Paracatu mine in Brazil and its Bald Mountain mine in Nevada, and…
Bolivia’s door creaks open to foreign mining investment
SANTIAGO, CHILE — A first-of-its kind deal between Bolivia’s state mining company Comibol and Vancouver-based explorer New Pacific Metals (TSXV: NUAG; US-OTC: NUPMF) promises to usher in a new period of…
Silvercrest finds high-grade vein at Las Chispas
Silvercrest Metals (TSXV: SIL; NYSE: SILV) has discovered the Babi Sur silver-gold vein on its Las Chispas property in Sonora, Mexico, through recent drilling. The company intersected high-grade silver and…
United States Snapshot: Ten companies with projects on the go in the USA
Mining and mineral exploration in the U.S. has been on an uptick in recent years, thanks to higher gold and silver prices, and an easing in some regulatory burdens. Here’s…
Ascendant doubles resource of Lagoa Salgada in Portugal
Ascendant Resources (TSX: ASND; US-OTC: ASDRF) has nearly doubled the number of tonnes at both its North and South deposits, part of the Lagoa Salgada polymetallic project in Portugal’s Iberian…
Facts ‘n’ figures: Central banks buoyed gold demand in 2018
The following is an edited summary from the World Gold Council, based on its Gold Demand Trends Full Year and Q4 2018 report. To access the full report, visit www.gold.org. Global gold demand…
BMO: Silvercrest Metals an attractive takeover candidate
Silvercrest Metals (TSXV: SIL) expects to update the resource estimate and complete a preliminary economic assessment in the first quarter of the year on its Las Chispas silver project in…
Continental Gold expands resource at Buritica
Continental Gold (TSX: CNL; US-OTC: CGOOF) has tabled an increased resource estimate for its Buritica gold development project in northwestern Colombia that also reinterprets the way the company sees its…
Roxgold acquires Newcrest’s Seguila project in Cote d’Ivoire
Roxgold (TSX: ROXG; US-OTC: ROGFF) is purchasing from Newcrest Mining (ASX: NCM) a large and carefully assembled land package in Cote d’Ivoire that includes the Seguela gold project and its…
Kerr Mines targets 2020 production at Copperstone
Kerr Mines (TSX: KER; US-OTC: KERMF) expects to mine and stockpile mineralized material from its Copperstone gold project in Arizona in the fourth quarter of this year, with production starting…