Lundin Gold says Beck to replace Hochstein as CEO
Lundin Gold (TSX, Nasdaq: LUG) said CEO Ron Hochstein will step down in November after 10 years in the role and make way for former Filo Corp. boss Jamie Beck….
gold
Galiano halts Ghana deposit work after clash
Galiano Gold (TSX, NYSE-A: GAU) says it temporarily suspended operations at the Esaase deposit at Ghana’s Asanko mine after one person died Tuesday during a clash between soldiers and area…
Vizsla lines up Macquarie-led $220M for Panuco
Canadian miner Vizsla Silver (TSX, NYSE: VZLA) hired Australia’s Macquarie Bank as lead arranger of a $220 million (C$304 million) maximum financing package for the construction and development of the Panuco…
Centerra buys 9.9% of Liberty to expand Idaho bet
Centerra Gold (TSX: CG, NYSE: CGAU) agreed to buy 9.9% of Liberty Gold (TSX: LGD; US-OTC: LGDTF) for about $28 million to add a stake in a junior miner that’s…
Montage worker dies in Côte d’Ivoire project accident
Montage Gold (TSX: MAU; US-OTC: MAUTF) says a worker died Thursday following an accident at the company’s Koné project in Côte d’Ivoire. Construction activities at the site resumed Friday after…
Aurion books high-grade gold in northern Finland
Aurion Resources (TSX-V: AU; US-OTC: AIRRF) cut a highlight result of more than 32 metres grading 4.42 grams gold per tonne at its Risti property in northern Finland. That result,…
Jaguar receives federal permit for Brazil mine restart
Jaguar Mining (TSX: JAG) has received federal authorization to begin preparatory work for the restart of its Turmalina underground gold mine in Minas Gerais, Brazil, with operations expected to resume…
Capstone OKs $176M Chile copper spend despite rise
Capstone Copper (TSX: CS; ASX: CSC) said it’s going ahead with the costlier-than-planned expansion of a sulphide concentrator at its Mantoverde property in Chile in a move that will add…
Centerra OKs Goldfield mine in Nevada after all
Centerra Gold (TSX: CG; NYSE: CGAU) said it’s moving ahead with development and construction of its Goldfield project in Nevada after rising gold prices boosted estimated returns. Using a long-term…
Orla cuts output target after Mexico wall slide
Orla Mining (TSX: OLA; NYSE: ORLA) said it will produce about 5% less gold than planned this year at higher costs after deferring some production following last month’s pit-wall failure at the…
Agnico rises on record quarterly profit, free cash flow
Agnico Eagle Mines (TSX, NYSE: AEM) shares rose after the Canadian miner reported record quarterly profit and free cash flow on the strength of rising gold prices. Adjusted net income…
B2Gold starts underground mining at Fekola in Mali
B2Gold (TSX: BTO; NYSE-A: BTG) said it began underground production at its flagship Fekola mine in Mali immediately after receiving approval from the government. The stock rose. The approval, which took effect…