Asante Gold shuns takeover bid from UAE investor firm
Asante Gold (CSE: ASE) has turned down a takeover proposal by Fujairah Holding LLC, a global investment company based in UAE that owns a 11.43% stake in the West Africa-focused…
Gold
Far North Snapshot: Eight companies exploring for gold, critical minerals and more
The Far North contains a wealth of minerals, and although remote, many Far North regions have a rich history of mining. Here’s a glimpse of eight companies advancing some of…
Probe’s assays hike resource outlook at Novador gold project in Quebec
Probe Gold (TSXV: PRB) has reported scores of assays from its Pascalis deposit signalling a potential resource increase this year at the Novador gold project near Val d’Or, Que. More…
Lumina’s Cangrejos ranks as 26th-largest global gold asset, according to new PFS
A new prefeasibility study on Lumina Gold’s (TSXV: LUM, US-OTC: LMGDF) Cangrejos gold-copper project in El Oro province, southwest Ecuador, substantially improves the large but low-grade project’s economics. The study,…
B2Gold kicks off phased closure of Namibia mine
B2Gold (TSX:BTO; NYSE: BTG) said on Tuesday it had begun the phased closure of its Otjikoto gold mine in Namibia, once the country’s largest producer of the precious metal. The…
Namibia-focused Osino cuts best gold hit yet
Osino Resources (TSXV: OSI; US-OTC: OSIIF) has reported the best gold drill intercept in the company’s history at its Ondundu project in Namibia. Hole ONRC23-017 returned 109 metres grading 2.3…
TNM Drill Down: Serbia produces best gold assay of Apr. 6-13
Our TNM Drill Down features highlights of the top gold assays of the past week. Drill holes are ranked by gold grade x width, as identified by our sister company…
Troubled Pure Gold mine in Red Lake finds a buyer
West Red Lake Gold Mines (TSXV: WRLG; US-OTC: WRLGF) has inked an agreement with Sprott Resource Lending Corp. and Pure Gold Mining and to acquire all of the issued and…
Discussions on Mexico’s mining law overhaul to begin today
Discussions related to the proposed overhaul of Mexico’s mining laws are set to begin today at the parliament’s lower chamber. The Environment and Natural Resources Commission is expected to submit…
Proxy advisory firms greenlight Integra-Millennial merger
Two independent proxy advisory firms have thrown their weight behind the proposed at-market merger of Integra Resources (TSXV: ITR) and Millennial Precious Metals (TSXV: MPM), concluding Friday the deal represents…
How not to drill a project, Part 2 — drill crew tensions lead to disaster
Strolling around PDAC in March, I ended up in the core shack, perusing all of the world class, upper quartile tier 1 discoveries guaranteed to become a mine one day….
Four killed in accident at Sibanye-Stillwater gold project in South Africa
Shares in Sibanye-Stillwater (NYSE: SBSW; JSE: SSW) were down 3.5% during pre-market in New York on Friday after reporting four deaths at its Burnstone gold project in South Africa following…