SSR pulls guidance for Çöpler after mine disaster
SSR Mining (TSX: SSRM; NASDAQ: SSRM; ASX: SSR) has withdrawn its 2024 and long-term guidance forecasts for the 80%-owned Çöpler gold mine in light of the recent disaster that led…
Gold
McEwen’s Stock project hikes gold resource by a third
McEwen Mining (TSX: MUX; NYSE: MUX) says inferred gold ore tonnage increased by 33% last year at its Stock project in northern Ontario while drilling cut a bonanza interval in…
Karora drills hit high-grade gold, nickel in Oz
Canada’s Karora Resources (TSX: KRR; US-OTC: KRRGF) has released high-grade drill results from the Fletcher shear and Larkin gold zones and the emerging 50C nickel zone at the Beta Hunt…
TNM Drill Down: Wesdome’s Eagle River tops gold assays as it expands Ontario mine
Our TNM Drill Down features highlights of the best gold assays of the past week, Feb. 16-23. Drill holes are ranked by gold grade x width as identified by data…
Reunion Gold adds underground resource at Oko West ahead of Q2 PEA
South America-focused Reunion Gold‘s (TSXV: RGD; US-OTC: RGDFF) updated resource estimate for its Oko West project in Guyana shows a substantial increase in both grades and contained gold since its…
Legal battle looms amid Cat Lake Nation, First Mining road dispute
Cat Lake First Nation has launched legal action to halt construction of an 18-km access road crucial to First Mining Gold’s (TSX: FF; US-OTC: FFMGF) Springpole project in northern Ontario….
Fury Gold buys Newmont’s half of Éléonore South project in Quebec
Fury Gold Mines (TSX, NYSE: FURY) is spending $4.3 million to buy Newmont’s (NYSE: NEM, TSE: NGT) half of the Éléonore South project next to the mine of the same…
BHP’s tech-inspired startup program closes in on first deals with tiny explorers
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) is using its giant heft to jumpstart small exploration companies with new ideas on how to find energy transition minerals. The company’s BHP…
Montage Gold gains on Lundin-backed financing
Montage Gold (TSXV: MAU; US-OTC: MAUTF) hired a new CEO and nearly doubled a Lundin Group-backed stock offering to fund the US$712 million Koné gold project in Côte d’Ivoire. Toronto-based…
Sibanye-Stillwater to cut 2,600 jobs in South Africa
The precious metals producer kicked off in October a restructuring process at its four loss-making mines that was expected to result in the loss of 4,095 jobs.
Zijin to expand Tibet copper mine expected to be world’s largest
China’s Zijin Mining Group announced on Friday that is going ahead with the second phase of a major expansion at its Julong copper project in Tibet, after receiving government approval. The…
Newmont to sell mines in Canada, Australia after Newcrest buy
Newmont (TSX: NGT; NYSE: NEM) says it plans to sell six inessential assets including mines in Quebec, Ontario, the Yukon and Western Australia to cut debt. The list contains the…