Tag: Gold

SolGold (LSE: SOLG) said on Wednesday it’s making headway with the potential sale of its flagship Cascabel copper-gold project in Ecuador, as it has held talks with more than 20 “highly credible” interested groups.

Brazil-focused explorer Bravo Mining (TSXV: BRVO; US-OTC: BRVMF) shares surged on Monday after the company announced an initial resource estimate for its Luanga palladium-platinum-rhodium-gold-nickel project located in Pará state.

Embattled miner Scotgold Resources, which operates Scotland’s only gold mine, said on Monday it was close to securing enough funding from a new strategic investor, which will help it avoid going into administration.

Goliath Resources (TSXV: GOT; US-OTC: GOTRF) has completed the second and final tranche of a recently upsized private placement that would see the Canadian junior miner raise a total of $8.6 million.

Workers at Peñasquito, Mexico’s largest gold mine, accepted a proposal from operator Newmont (NYSE: NEM; TSX: NGT) late on Thursday, ending a four-month-long strike that cost the miner millions of dollars a day.

Shares of Nevada King Gold (TSXV: NKG; US-OTC: NKGFF) soared on Monday after the company reported bonanza oxide gold of 11.64 grams per tonne over 108.3 metres from recent drilling at its Atlanta mine project in Nevada.

A 21st-century gold rush is unfolding in Idaho — a state that, historically, has been overshadowed by its U.S. northwest neighbours’ rich mining legacies. Now emerging as an epicentre for precious metal exploration, the state is attracting investment for its geology, project permitting regime, which could unleash a potential economic boom.

‘Gwnewch y pethau bychain mewn bywyd’ is an ancient and historically important phrase but not one that is widely recognized. ‘Do the little things in life’ was the message of guidance to the Welsh from their patron saint, David, some 1,500 years ago, and it remains a well-known maxim in the country.

Aris Mining (TSX: ARIS) announced on Monday gold production of 19,406 oz. at its Segovia Operations in Colombia during August, the highest monthly production since the expansion of the Maria Dama processing plant in 2022.

The idled Minto mine in central Yukon, which began operations in 2007 and produced about 500 million lb. of copper since, is officially up for sale.

Mining’s top industry group with BHP (NYSE: BHP; LSE: BHP; ASX: BHP) and Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) among its members has published a framework for companies to determine their emissions, including how to unravel pollution by suppliers and customers.

New Found Gold (TSXV: NFG; NYSEA: NFGC) shares gained 5% on Monday on the release of new drill results from a program to expand the K2 Zone discovered in May at its flagship Queensway project in Newfoundland and Labrador.