Strong returns at G2’s new Northwest target in Guyana
G2 Goldfields (TSX: GTWO; US-OTC: GUYGF) reported on Monday a new discovery at its Northwest (NW) OKO target in Guyana with intersections as strong as 8.5 grams gold per tonne…
Gold
New technocrat Mexican leader unlikely pro-mining even as she replaces ‘whim and bombast’
Claudia Sheinbaum, a climate scientist, won Mexico’s election to become the country’s first female leader and is expected to continue the anti-mining policies of outgoing President Andres Manuel López Obrador. …
MacDonald Mines pulls assays linked to former CEO Yarie, echoing Red Pine
Another Canadian gold junior who had Quentin Yarie as a former CEO is withdrawing its assays on a project because of inconsistencies. MacDonald Mines Exploration (TSX-V: BMK; US-OTC: MCDMF) said…
New Gold reports cores among best yet at New Afton as it hikes ownership
New Gold’s (TSX: NGD; NYSE: NGD) exploration drilling at the New Afton copper-gold mine in British Columbia has produced among the best intersections yet as the company looks to extend…
Founders finds near-surface gold at Antino in Suriname
Drilling at Founders Metals’ (TSXV: FDR; US-OTC: FDMIF) Antino project in southeast Suriname has returned strong near-surface gold mineralization as high as 8 metres grading 6.64 grams gold per tonne…
Silver Lake shareholders approve merger with Red 5
The A$2.2-billion ($1.5bn) deal creates Australia’s fifth largest gold producer.
Billions in African gold smuggled to UAE: report
As much as US$35 billion worth of gold produced by artisanal and small-scale mining in Africa, the world’s top bullion producing continent, goes undeclared and then smuggled out, a report…
Cabral Gold shares rise on top-three results ever at Cuiú Cuiú project in Brazil
Drilling at Cabral Gold’s (TSXV: CBR; US-OTC: CGBZF) Machichie target has returned some of the highest-grade assays at the Cuiú Cuiú project in northern Brazil, news that saw shares jump…
Southern Cross Gold more than doubles Sunday Creek drill program
Australia’s Southern Cross Gold (ASX: SXG) has reported 38 intersections with grades higher than 100 grams per tonne gold-equivalent over a metre’s width at its Sunday Creek project in Victoria,…
Endeavour begins commissioning Lafigue gold mine
Endeavour Mining (TSX, LSE: EDV) has begun wet commissioning of its 80%-owned and newly built Lafigué gold mine in Côte d’Ivoire, with production slated to begin in late June. The company…
Red Pine makes high-grade gold headway at Wawa
Following the early May assay tampering allegations at Red Pine Exploration (TSXV: RPX; US-OTC: RDEXF), the company says its latest drill results expand mineralization at the Wawa project near Lake…
Mining M&A slips as firms lawyer-up to fight regulators
Global mining dealmaking is falling this year but political drama and litigation are escalating in the United States and Canada, while other trends include paying premiums to get copper and…