Lundin targets top-10 copper miner status
Canada’s Lundin Mining (TSX: LUN) has unveiled a strategic growth plan designed to catapult the company into the world’s top 10 copper producers. The Vancouver-based miner aims to reach annual…
Gold
Resolute strikes gold in Côte d’Ivoire
Resolute Mining (ASX: RSG) has found “a major” gold deposit at its Doropo asset in northeastern Côte d’Ivoire near the Burkina Faso border, according to a government website. Doropo holds…
Central banks expect more gold buying, de-dollarization
Central banks around the world continue to hold favourable expectations for gold, with most looking to add to their reserves over the coming months and even years, an annual survey…
Asante locks in $635M refinancing, eyes TSXV debut
Asante Gold (CSE: ASE; US-OTC: ASGOF) has secured $470 million (C$635 million) to refinance debt, fund expansion at its Bibiani and Chirano gold mines in Ghana, and prepare for a…
Video: New Gold CEO ramps up growth across two assets
New Gold (TSX: NGD; NYSE: NGD) has acquired full ownership of the New Afton copper-gold mine in British Columbia and prepped its new C-Zone to hit peak output. The mine…
Foran assays extend copper zone at McIlvenna Bay
Foran Mining (TSX: FOM; OTCQ-X: FMCXF) cut a highlight result of 21.3 metres grading 1.55% copper at its McIlvenna Bay project in east-central Saskatchewan. Hole BZ-25-02 also intersected 0.69% zinc,…
Video: Cupel Advisory director flags M&A surge, industry image crisis as key trends
A new wave of mergers and acquisitions is rising in the mining sector and single-asset companies might be the first to sell out, Cupel Advisory director Nikki Adshead-Bell says. “We…
Citi sees gold price falling below $3,000 as rally fades
Citigroup Inc. expects gold prices to decline below $3,000 an oz. in the coming quarters, forecasting a cooldown after this year’s record-setting run. The bank cites weakening investment demand, improving…
Video: Gold miners’ cash flows grow faster than any US sector, Adrian Day says
Puerto Rico–based Adrian Day says retail investors are avoiding gold miner stocks even as the companies generate cash quicker than any other United States sector. Day, whose firm Adrian Day…
Ecuador reopens mining registry after seven-year freeze
Ecuador has reopened its mining concessions registry for the first time since January 2018, aiming to attract investment, streamline licensing and crack down on illegal mining—a long-standing issue across the…
Augusta offered $50M loan to build Nevada gold mine
Augusta Gold (TSX: G; US-OTC: AUGG) has received a letter from the Export-Import Bank of the United States (EXIM) expressing its interest in providing up to $50 million for the…
Video: Exploits Discovery leaps from zero to 680,000 oz gold in Ontario and Quebec
It took about one month for Exploits Discovery (CSE: NFLD; US-OTC: NFLDF) to transform itself from a zero-ounce minnow to holding about 680,000 oz. of historical gold resources in Quebec…