Omai books high grades at Guyana’s Wenot deposit
New drilling at Omai Gold Mines’ (TSX-V: OMG; US-OTC: OMGGF) Wenot deposit in Guyana encountered wide zones of high-grade mineralization, the company said. Hole 25ODD-119 cut 7.5 metres at 31.7…
Gold
Gold price may hit $4,000 by year-end: Fidelity
Gold prices could be heading towards $4,000 per oz. by the end of this year as the Federal Reserve begins to cut rates and the U.S. dollar continues its decline,…
Kinross divests 12% stake in Ryan’s White Gold
Kinross Gold (TSX: K, NYSE: KGC) has divested its entire 12% equity stake in White Gold (TSXV: WGO), which has been focused on a project in the Yukon advanced by…
Adriatic lifts output, trims forecast pre-Dundee M&A
Adriatic Metals (ASX, LSE: ADT) reported strong gains in silver and gold production in the second quarter even as it lowered full-year projections ahead of its planned acquisition by Dundee…
Torex Gold buys Prime in $449M Mexico expansion
Torex Gold Resources (TSX: TXG), the largest gold producer in Mexico, is acquiring Prime Mining (TSX: PRYM; US-OTC: PRMNF) and its primary Los Reyes gold-silver project in Sinaloa in an…
McEwen to buy Canadian Gold for $73M
Canadian miner McEwen (TSX, NYSE: MUX) agreed to buy smaller rival Canadian Gold (TSX-V: CGC) to add the mothballed Tartan mine in Manitoba and exploration properties in Ontario and Quebec….
Majestic Gold halts Chinese mine after a death
China-focused Majestic Gold (TSXV: MJS) has suspended operations at its Denggezhuang (DGZ) underground mine in the eastern province of Shandong after a hanging wall incident killed one of its employees….
Equinox bonanza drilling may expand Nicaragua assets
Equinox Gold (TSX, NYSE-AM: EQX) said new drilling at its El Limon mine in Nicaragua yielded the highest-grade gold mineralization discovered to date on the property. Highlight hole EL-TMR-25-036, which…
Three BC miners rescued after 60 hours
Three workers who were trapped at Newmont’s (NYSE, ASX: NEM; TSX: NGT) Red Chris mine in northwest British Columbia, have been safely rescued after more than 60 hours underground. Kevin…
Video: Streamex, Giustra raise $1B for crypto gold plan
Streamex, a New York-based cryptocurrency trading platform, joined mining hall of famer Frank Giustra’s company to secure $1.1 billion (C$1.5 billion) this month to put gold assets on blockchain. They…
Orla seeks Mexico mine slide answers
Orla Mining (TSX: OLA; NYSE: ORLA) said initial geotechnical assessments of the incident that stopped pit‑mining activities at the Camino Rojo oxide mine in central Mexico should be completed in the coming week….
Opinion: As empires crumble, precious metals reign
What does United States President Donald Trump do when his debt becomes unmanageable? He walks away from it! According to reports, Trump’s businesses have filed for “reorganization” under Chapter 11…