AUSTRALIA – The principal of corporate advisory firm PCF Capital, Liam Twigger, said this week that the global equities pool for mining has divided into a two-speed market where survival will now depend on getting bigger through acquisition as the̷…
OUTLOOK: Valuation gaps create M&A necessities, says advisor Read More »
BURKINA FASO – Teranga Gold’s Wahgnion open pit gold mine in Burkina Faso started processing ore in August, two months ahead of schedule, and is expected to produce 30,000 to 40,000 oz. of gold in 2019. Wahgnion has an estimated…
The post GOLD: T…
GOLD: Teranga’s Wahgnion gold mine starts ahead of schedule Read More »
NEW BRUNSWICK – Montreal-based Osisko Metals has published updated information about its exploration programs at its properties in this province. The first priority is the Key Anacon property, followed by the Brunswick Belt property. At the Key Anacon …
ZINC-LEAD: Osisko updates exploration in New Brunswick Read More »
ONTARIO – Treasury Metals of Toronto says its partner G2 Goldfields has drilled new gold mineralization at the Weebigee-Sandy Lake gold project 225 km north of Red Lake. Core from the new W3 zone included 0.7 metre of 450 g/t…
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GOLD: Treasury drills new discovery at W3 zone at Sandy Lake Read More »
NOVA SCOTIA – Anaconda Mining of Toronto has received the assays from 18 diamond drill holes that tested the East Goldbrook system at the Goldboro project 175 km northeast of Halifax. A total of 5,734 metres were drilled – six…
The post GOLD: Ana…
GOLD: Anaconda extends Goldoro deposit with very high grades Read More »
Vancouver-based Guyana Goldstrike has invited Robert Stuart (Tookie) Angus to become an advisor to the company’s board of directors. He joins Sandy McVey and Dr. Tony Guo on the board. Angus is presently the chairman of San Marco Resources, K92…
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MINING PEOPLE: Guyana Goldstrike, Mazarin, Orano Canada, and Spanish Mountain Read More »
SWEDEN – Metso continues developing the global production footprint in its Minerals Consumables business area by reviewing manufacturing capabilities in the EMEA region. As part of the initiative, Metso is starting personnel negotiations to review the …
WEAR PARTS: Metso to restructure rubber, poly-met production Read More »
First Quantum Minerals (TSX: FM; LSE: FQM) management says it could have a buyer for any nickel produced from a restart of the venerable Ravensthorpe nickel-cobalt mine at Bandalup Hill in Western Australia, but on a second quarter earnings call, the&#…
Mystery nickel buyer could bring First Quantum’s Ravensthorpe back online Read More »
LAS VEGAS – Rapaport published a report stating that the escalation of the U.S.-China trade war, the protests in Hong Kong, and the depreciation of the yuan, paired with dealers taking their summer vacations, greatly impacted the diamond market in̷…
DIAMONDS: Uncertainty in Asia pushing prices down – report Read More »
QUEBEC – Probe Metals has released an updated resource estimate for its Val-d’Or East project in Quebec. The project consists of three of its wholly owned properties – Pascalis, Courvan and Lapaska – along with two other properties, Monique and Cadilla…
GOLD: Probe Metals hikes resource estimate at Val-d’Or East Read More »
