Canadian geologist Kirk Woodman murdered in Burkina Faso
Kirk Woodman, vice-president of exploration for Vancouver-based private gold explorer Progress Minerals, was found dead on Jan. 16 in rural Burkina Faso, after having been…
News
Wesdome forecasts grade increase at Eagle River
Wesdome Gold Mines (TSX: WDO) expects to produce 72,000-80,000 ounces of gold this year at all-in sustaining costs (AISC) of US$985-$1,040 per oz. at its…
Serabi Gold hits record gold production in Q4
Serabi Gold (TSX: SBI; LON; SRB) produced a record 10,256 oz. gold in 2018’s fourth quarter, propelling its 2018 gold production to 37,108 oz. gold,…
Integra delays resource after drill hit
Integra Resources (TSXV: ITR; US-OTC: IRRZF) will delay an updated resource estimate for its DeLamar gold-silver project in southwestern Idaho after drill core from a…
Nordgold boosts stake in Columbus Gold
Russian billionaire Alexey Mordashov’s mining company, Nordgold, has increased its stake in Canadian junior Columbus Gold (TSX: CGT; US-OTC: CGTTF) to 9.96% on a non-diluted…
Editorial: Newmont-Goldcorp merger rocks gold industry
The new year continues to be a fascinating one in the global mining industry, with the unveiling on Jan. 14 of Newmont Mining’s blockbuster US$10-billion…
Iamgold expects lower production, higher costs in 2019
Iamgold (TSX: IMG; NYSE: IAG) expects to produce fewer gold ounces while incurring higher all in sustaining costs and total cash costs in 2019 compared to…
Alamos Gold forecasts 2019 gold production
Alamos Gold (TSX: AGI; NYSE: AGI) produced 505,000 ounces of gold from its four mines in North America last year and expects a “similar rate…
Odds ‘n’ Sods: The treasure of Leija Cave
After spending 17 years with Newmont Mining as a senior exploration geologist, and being transferred twice in the same year (1997), I decided it was…
US markets rise, Jan. 7-11: Hecla, Pretium, Teck
Gold prices rose 0.2% to close the trading week at US$1,286.80, while the Philadelphia Gold and Silver Index fell 0.2% to close at 71.71. The…
TSX rises, Jan. 7-11: Barrick, Xanadu, Golden Queen, Pretium, Nautilus
After a jittery year-end, investors jumped back into stocks on the Toronto Stock Exchange during the first full week of trading in 2019, pushing the…
Newmont to buy Goldcorp for US$10B
Newmont Mining (NYSE: NEM) will acquire all outstanding Goldcorp (TSX: G; NYSE: GG) shares in a deal that values Goldcorp at US$10 billion to create…