Mexico Snapshot: Eight companies with Mexican projects to follow
Mexico has a long and storied history as a silver producer, and there is no reason to think that will change anytime soon. Here are eight Canadian companies active in…
Gold
Wallbridge infill drilling at Fenelon hits more good grades
In preparation for its initial resource estimate due by the end of the third quarter, Wallbridge Mining (TSX: WM) is nearing completion of the definition drilling program at the Fenelon…
Torex foregoes the Muckahi mining method for Media Luna
Torex Gold (TSX: TXG) has announced it will proceed with conventional development and mining methods for its proposed Media Luna project in Mexico instead of using the newly developed Muckahi…
Resolute Mining sells Bibiani mine to Asante Gold for US$90 million
Australia’s Resolute Mining (LSE: RSG; ASX: RSG) is selling its Bibiani gold mine in Ghana to Canada’s Asante Gold (TSXV: ASE) for US$90 million in cash. The company will receive an initial US$30 million payment, followed by…
The View from England: Pandemic yields buried treasure
Gold is still being discovered in England, but it’s not geologists doing the finding. As we emerge from the pandemic it seems that many of us spent the lockdown digging…
Quebec injects $13.5 million into Monarch Mining to help it reopen Beaufor
The Canadian province of Quebec has granted Monarch Mining (TSXV: GBAR; US-OTC: GBARF) a $13.5 million senior secured term loan agreement to help the company restart the Beaufor gold mine and Beacon…
RANKED: World’s ten biggest gold mining companies
Gold made history in 2020 when the price hit a record high in August as pandemic concerns weighed on investor sentiment. Gold mining has been a hallmark of commerce across the ages,…
Canada’s newest gold mine starts commercial production
Pure Gold Mining (TSXV: PGM; LSE: PUR) has kicked off commercial production at its namesake mine in Red Lake, Ontario, eight months after pouring first gold. The Toronto-based miner said the milestone, achieved on August 1, followed a successful commissioning…
Barrick agrees to independent environmental studies for Pueblo Viejo expansion
Barrick Gold (TSX: ABX; NYSE: GOLD) and its key stakeholders have agreed on independent government-led oversight of the environmental and social impact studies for the Pueblo Viejo gold mine expansion…
Thor Explorations pours first gold at Segilola in Nigeria
The first gold has been poured at Thor Exploration’s (TSXV: THX; AIM: THX) 100%-owned Segilola open-pit mine in Nigeria and the company forecasts the mine will produce about 40,000 oz….
Sibanye-Stillwater to acquire Eramet’s Sandouville nickel processing facility in France
In its second acquisition in the battery metals space in six months, Sibanye-Stillwater (NYSE: SBSW), one of the world’s largest primary producers of platinum, palladium and rhodium and its third-largest…
SSR Mining sells non-core royalty portfolio to EMX Royalty
SSR Mining (TSX: SSRM; NASDAQ: SSRM; ASX: SSR) is selling its non-core royalty portfolio to EMX Royalty (TSXV: EMX; NYSE-AM: EMX) for a total of US$100 million. The sum consists…