Omai reports double-digit gold in Guyana
Omai Gold Mines (TSXV: OMG, OTCQB: OMGGF) says strong new assays will boost its Guyana site’s potential in a resource update due by mid-year. Hole 25ODD-101 at WeNot, one of two…
Canada
First Nations slam BC mining claims framework
British Columbia’s new framework requiring consultation with First Nations before registering mining claims misses the mark for consulting with Indigenous groups, First Nations say. The new consultation Mineral Claims Consultation…
PDAC JV video: Alamos Gold plans to mine about 1M oz gold by 2030, CEO says
Alamos Gold (TSX, NYSE: AGI) plans to produce nearly a million ounces of gold by 2030, CEO John McCluskey said in an interview. The optimistic outlook draws only on organic…
PDAC JV video: ValOre aims to consolidate Brazil PGMs district, CEO says
ValOre Metals (TSXV: VO) is set to create a nearly 1,000 sq. km precious metals district in Brazil’s Ceará state, according to chairman and CEO Jim Paterson. On Feb. 14,…
Sanu Gold rises as Montage, Lundin maintain backing
Sanu Gold (CSE: SANU; US-OTC: SNGCF) shares hit their highest level in two years on Tuesday after the West Africa-focused junior announced a private placement backed by Montage Gold (TSXV:…
Thor Explorations rises on dispute win in Nigeria
Thor Explorations (TSXV, AIM: THX) rallied on Wednesday after an inter-ministerial committee in Nigeria dismissed allegations of business malpractice against the Canadian miner. According to a report released by the…
New Found Gold plummets on first resource
Shares in New Found Gold (TSXV: NFG, NYSE: NFGC) plunged nearly a third on Tuesday after the explorer posted a long-awaited initial resource for its Queensway project in Newfoundland that missed expectations. The project…
Torex Gold begins copper production at Media Luna
Canadian bullion producer Torex Gold Resources (TSX: TXG) has achieved first production of precious metal-rich copper concentrate at its Media Luna mine, part of the company’s Morelos Complex in Mexico’s…
Canada scraps federal review of large projects
Canada’s federal government will permit major infrastructure and mining projects with provincial and territorial approvals alone, Prime Minister Mark Carney said Friday evening after meeting with the country’s 13 premiers….
Gold dominates mining M&A again in 2024: S&P Global
Gold was once again the dominant theme of mergers and acquisitions (M&A) deals within the precious and base metals mining space in 2024, accounting for 70% of the year’s transaction…
BC exploration rules disappointing: AME
A new British Columbia consultation framework for mineral claims fails to address key industry concerns and runs the risk of scaring off investors, the provincial association of prospectors said. B.C….
PDAC JV video: Aurania Resources founder Keith Barron on his next gold discovery
Aurania Resources (TSXV: ARU; US-OTC: AUIF) CEO Keith Barron sparked interest at PDAC, showing off a quartz sample with visible gold from Brittany in northern France. “Maybe we made the…