Yukon mulls subsidies to help miners decarbonize: CBC
The Yukon government is considering subsidizing mining companies in the territory to help them cut emissions, according to CBC. In a submission last summer to the government’s cabinet committee…
Gold
Ramelius Resources secures permit for Cue gold project
Australian gold miner Ramelius Resources (ASX: RMS) has secured a key permit from the Western Australian government for the company’s Cue gold project, which paves the way for early works to…
Cascadia Minerals soars on fund manager financing
Cascadia Minerals’ (TSXV: CAM) shares soared on Monday after the junior miner announced a $3.2 million private placement led by Michael Gentile, who plans to raise his stake to 9.99%…
Heavy storms wash out Australian gold production
Gold output in Australia fell 9% in the first quarter after tropical storms flooded mines and halted some operations, consultancy Surbiton Associates says in a new report. Gold production dropped from…
TNM Drill Down: Red 5 hits triple-digit gold at Darlot
Our TNM Drill Down features highlights of the best gold assays of the May 24-31 period. Drill holes are ranked by gold grade x width as identified by data company Mining…
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…
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…