Barrick Gold is not actively seeking to sell its Tongon mine, in Côte d’Ivoire, and the Massawa project, in Senegal but will consider various options for both, CEO Mark Bristow told Reuters this week.
"We don’t have a for-sale sign" at Tongon …
Barrick doesn’t have ‘for-sale’ sign on Tongon, Massawa, but open to options – CEO Read More »
Gold developer Capricorn Metals has hedged 200 000 oz of gold from its Karlawinda mine, in Western Australia, at a price of A$2 249/oz.
The hedging amount represented around two years of anticipated gold production out of the current eight-and-a-half…
Capricorn hedges first gold from Karlawinda Read More »
Sun Metals Corp. [SUNM-TSXV] shares were active Tuesday August 13 after the company released drill…
Sun Metals advances on B.C. drilling news Read More »
Filo Mining Corp. [FIL-TSXV, NASDAQ First North] is moving to raise $40 million to fund…
Lundin company Filo Mining raising $40 million Read More »
Precious metals now have a buy the dip mentality
With the pushing back of tariffs this morning we have US markets moving higher. What is very encouraging for PM…
David Erfle – Gold Market Commentary – Tue 13 Aug, 2019 Read More »
INTERCEPTS 12.35 G/T GOLD OVER 0.91 METER AND 3.06 G/T GOLD OVER 2.6 METRES Avino…
The first gold pour from the Fruta del Norte mine that Vancouver-based Lundin Mining is building in south-east Ecuador is only months away, with the mine forecast to deliver its first gold next quarter. Overall construction at the Fruta del Norte site …
Fruta del Norte’s first gold only months away Read More »
Guyana Goldfields, a miner that has lost more than half its value in the past year, is exploring options including a potential sale of the business, according to people familiar with the matter.
The Toronto-based company is working with advisers at Ro…
Guyana Goldfields is said to explore options including sale Read More »
Aim- and TSX-listed Caledonia Mining produced 12 712 oz of gold in the second quarter, ended June 30 – an increase of 6.4% on the first quarter’s production of 11 948 oz. This took half-year production for the miner to 24 660 oz.
Caledonia lowers full-year output guidance Read More »
Gold miner Saracen Mineral Holdings has completed the acquisition of Bligh Resources, netting that company’s major shareholder, Zeta Resources a 260% premium on its initial A$9-million investment cost.
Saracen in June launched a A$38.2-million all-scr…
Saracen completes Bligh buy Read More »
