Newmont to decide on $2 billion project in Peru by year-end
Yanacocha Sulfides would allow operations at the massive gold mine to continue beyond 2040.
Gold
Skeena’s Eskay Creek gold project boasts NPV of $1.4 billion, IRR of 56%
Skeena Resources (TSX: SKE: US-OTC: SKREF) has released a preliminary feasibility study on its 100%-owned Eskay Creek gold project. The study outlined an after-tax net present value of $1.4 billion…
Iamgold updates Côté gold construction, costs
Iamgold (TSX: IMG; NYSE: IAG) recently updated construction progress and costs at its Côté gold project near Gogama, Ontario. The project is 65% owned and operated by Iamgold. Sumitomo Metal…
JV Article: Inflection Resources employs science-based approach to projects in Australia
Inflection Resources (CSE: AUCU, US-OTC: AUCUF) is an early-stage exploration company focused on looking for gold and copper-gold deposits in the Macquarie Arc, part of the Lachlan Fold Belt, in eastern…
Eldorado Gold grabs stake in Probe Metals for US$18.9 million
Eldorado Gold (TSX:ELD; NYSE:EGO) has bought an 11.5% stake in Quebec-focused explorer Probe Metals (TSXV: PRB; US-OTC: PROFB) in a deal worth about $23.7 million (US$18.9 million). The acquisition of…
JV Article: New discovery at Solaris Resources’ Warintza copper project in Ecuador hints at superpit potential
Solaris Resources (TSX: SLS: US-OTC: SLSSF) has made a new discovery within its Warintza copper project in southeastern Ecuador. The Warintza project is adjacent to the national highway that runs…
Orezone Gold reports gold intercepts from previously untested zone at Bombore
Orezone Gold (TSXV: ORE; US-OTC; ORZCF) has released assays from its 90%-owned Bombore gold project in Burkina Faso, about 85 km east of the capital Ouagadougou. The 150.2 sq. km project…
US bankruptcy court holds Kyrgyz government in contempt over Kumtor seizure
The U.S. Bankruptcy Court for the Southern District of New York has ruled the Kyrgyz government is in contempt of court for continuing its legal actions locally against Canada’s Centerra…
Rio2 to raise up to US$135 million for Fenix gold mine construction
The mine financing package would allow the company to maintain its current schedule for first gold production in Q4 2022.
The View from England: Silly season launched in Scotland
The British Broadcasting Corporation has launched a three-part TV series on a “mountain full of treasure,” and it’s in Scotland. Apart from being bullish for the valuation of Scotland’s first…
Top ten U.S.-based mid-tier and junior precious metal companies
This year’s ranking of the top ten U.S.-based mid-tier and junior precious metals companies based on market capitalization as of July 7, features a number of new entrants including i-80…
Yamana green lights development for Wasamac gold with higher production
Yamana Gold (TSX: YRI; NYSE: AUY; LSE: AUY) has given the go-ahead to develop the Wasamac gold mine, with study results showing more reserves, higher annual production and increased cash…