Navoi’s Q1 output value doubles as gold prices soar
Uzbekistan‘s Navoi Mining & Metallurgical Co. said first-quarter output doubled in dollar terms as gold prices soared. Gold production by value in the first three months of 2025 jumped to US$2.1…
Gold
Power Metallic CEO sees ‘monster-size’ deposit at Nisk
Power Metallic Mines’ (TSXV: PNPN; US-OTC: PNPNF) Nisk polymetallic property is probably at least as large as Anglo American’s (LSE: AAL; US-OTC: AAUK) 44-million-tonne Sakatti copper-nickel-platinum project in Finland, CEO…
Gold ETFs log US$21B rise in first quarter, WGC says
Global gold exchange-traded funds (ETFs) grew by US$21 billion in the first quarter to reach their second highest quarterly level by value since the second quarter of 2020 at the…
Dryden encounters ‘significant’ visible gold at Elora
Canadian junior miner Dryden Gold (TSXV: DRY; USOTC: DRYGF) says it encountered “significant” visible gold during deeper drilling at its Elora property in Ontario. The newly discovered section in hole…
Barrick eyes over $2B in financing for Reko Diq
Barrick Gold (TSX: ABX; NYSE: GOLD) plans to secure more than $2 billion (C$2.84 billion) in financing for its Reko Diq copper and gold project in Pakistan, with term sheets…
PDAC video: Eldorado targets 43% output surge
Eldorado Gold (TSX: ELD; NYSE: EGO) is aiming for a 43% increase in output over the next three years over 2023 gold production levels as new projects enter operations and…
Renforth boosts Parbec gold project’s size by 29%
A new resource estimate for Renforth Resources’ (CSE: RFR; US-OTC: RFHRF) Parbec gold project in western Quebec raises the deposit’s size by about one-third, the company says. Measured and indicated…
Kinross buys 9.9% of Nevada-focused Eminent Gold
Kinross Gold (TSX: K) is taking a 9.9% equity stake in Eminent Gold (TSXV: EMNT) by partaking in a private placement arranged by the Nevada-focused gold junior. Under the placement disclosed on…
PDAC JV video: New Zealand aims to fast-track mining
New Zealand is holding up its fast-track and “one-stop shop” legislation as ways to streamline project approvals and reinvigorate the economy, resources minister Shane Jones says. The new processes are…
Mining dominates Poilievre’s speedy permits list
Mining investments make up nearly all the resource projects Conservative leader Pierre Poilievre would approve within a year if elected Canadian Prime Minister this month. Campaigning in British Columbia on…
Ontario’s $11B in tariff aid defers mining tax
Ontario plans to provide about $11 billion in relief to workers and businesses to help weather the impact of U.S. tariffs. The support package includes deferring business taxes, including the mining…
US, DRC near minerals deal: report
The United States and the Democratic Republic of Congo are discussing an agreement that would see U.S. companies take greater control of critical mineral assets in exchange for support for…