Allied discovers new targets at Ethiopia gold project
Allied Gold (TSX, NYSE: AAUC) said recent drilling at its Kurmuk property in western Ethiopia has identified at least five new target areas, bolstering the case for a high-volume gold…
gold mining
Gold to reach new highs in 2026: Goldman poll
Almost 70% of global institutional investors expect gold prices to post additional gains next year, Goldman Sachs said, citing the conclusions of a new poll. The biggest proportion of respondents…
DPM forecasts higher output at Serbia gold project
Canadian miner DPM Metals (TSX: DPM; ASX: DPM) said a feasibility study for the Čoka Rakita project in Serbia shows increased output and higher value generation compared with an earlier…
Omai Gold discovery extends depth of Guyana deposit
Omai Gold Mines (TSXV: OMG; US-OTC: OMGGF) said new drilling at its namesake project in Guyana has extended the past-producing site’s Wenot deposit to new depths, opening the door to a…
Vizsla sees 7-month payback for Panuco project
Vizsla Silver (TSX, NYSE: VZLA) said a new study shows the company would need less than a year to recoup its investment if it proceeds with the flagship Panuco silver-gold…
SSR Mining adds 12 years to Colorado gold mine
SSR Mining (Nasdaq, TSX: SSRM) said a new technical study for the recently acquired Cripple Creek & Victor (CC&V) gold mine in Colorado extends the asset’s mineral reserve estimate and projected…
AngloGold gains on record quarterly cash generation
AngloGold Ashanti (NYSE: AU) shares rose Tuesday after the South African miner boosted quarterly output and generated record cash flow. Consolidated production climbed 17% to 768,000 oz. in the third…
Barrick starts review to boost predictability, safety
Barrick Mining (TSX: ABX; NYSE: B) says it’s reviewing operations to curtail unplanned downtime and improve worker safety as the Canadian miner shifts its focus to North America. Toronto-based Barrick is…
Montage boosts resource at Côte d’Ivoire’s Koné project
Canadian mine developer Montage Gold (TSX: MAU, OTCQX: MAUTF) says an exploration update for its Koné project in Côte d’Ivoire shows increases in both indicated and inferred resources since the…
Aya values Boumadine in Morocco at $3B with spot gold
Canada’s Aya Gold & Silver (TSX: AYA; US-OTC: AYASF) said a preliminary economic assessment (PEA) for its Boumadine polymetallic project in Morocco shows the company would need barely a year…
Gold Fields pays $50M for 12% of Founders Metals
Gold Fields (NYSE, JSE: GFI) agreed to pay about $50 million (US$36 million) to become the biggest shareholder in Founders Metals (TSXV: FDR; US-OTC: FDMIF), which is developing the Antino…
Fortuna boosts underground potential in Côte d’Ivoire
Exploration drilling at Fortuna Mining’s (TSX: FVI; NYSE: FSM) Séguéla open-pit mine in Côte d’Ivoire improves the odds of an underground operation at the Sunbird deposit, the company said. Hole SGRD2434…