Lower silver output in Peru, Mexico to drag down global production
Global mined silver production will fall 2% in 2023 to 820 million ounces from 2022 totals due to lower output from operations in top producing countries Mexico and Peru, The…
Newmont
Credit rater Fitch upbeat on gold majors’ resilience amid hazy markets
Fitch Ratings of London has issued a stable credit outlook for global gold producers, citing their strong financial metrics and debt reduction despite higher inflation, interest rates and geopolitical risk….
Newmont starts ramp-up at Peñasquito as strike ends
Newmont (TSX: NGT; NYSE: NEM), the world’s largest gold producer, has begun restarting operations at its Peñasquito mine in Mexico, after reaching a definitive agreement with striking workers last week….
CMS: State should ‘stay out of the way,’ Garofalo says
Investors must back junior explorers to reverse the global trend of falling gold production while governments should give the industry leeway, Gold Royalty (NYSE: GROY) CEO David Garofalo says. The…
G2 Goldfields shares gain on high-grade find at Oko project in Guyana
G2 Goldfields (TSXV: GTWO; US-OTC: GUYGF) says it’s discovered the high-grade Ghanie South zone at its Oko project in Guyana as it seeks interest from large miners. Drill hole GDD-68A cut 11…
Strike at Newmont’s Peñasquito ends with 8% raise
Workers at Peñasquito, Mexico’s largest gold mine, accepted a proposal from operator Newmont (NYSE: NEM; TSX: NGT) late on Thursday, ending a four-month-long strike that cost the miner millions of dollars…
JV Article: Discovery Silver’s Cordero project is in the big league
Discovery Silver (TSX: DSV; US-OTC: DSVSF) owns the largest undeveloped primary silver deposit globally by reserves and has attracted a tier one management team led by Tony Makuch, the former…
Canadian mint introduces bullion coin using Éléonore gold
The Royal Canadian Mint’s newest single-mine Gold Maple Leaf coin is entirely sourced from Newmont’s (NYSE: NEM; TSX: NGT) Éléonore mine in northern Quebec. The coin weighs one Troy ounce…
RANKED: Top gold producers of H1 2023
Gold has taken centre stage this year as a flurry of multi-billion dollar M&A deals have played out in the industry. Newmont’s (TSX: NGT; NYSE: NEM) US$19.2 billion acquisition of…
Goliath cores glint with visible gold at Golddigger project in BC’s Golden Triangle
Goliath Resources (TSX-V: GOT; US-OTC: GOTRF) says it’s found as much as 1% visible gold in three stacked zones on its Golddigger property in northern British Columbia. Drill hole GD-23-197…
Industry council strives to cut emissions with new guidelines
Mining’s top industry group with BHP (NYSE: BHP; LSE: BHP; ASX: BHP) and Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) among its members has published a framework for companies…
Upcoming elections in near-bankrupt Argentina could finally unlock the country’s huge mineral projects
Food, energy and now minerals. In a world where competition for raw materials is only increasing, Argentina is blessed with an abundance of natural resources. But the country’s nationalist politics…