Mining Articles

Asante Gold Enters into Exclusivity Agreement with Kinross Gold to Purchase Chirano Gold Mine in Ghana

Mon Apr 11 08:41:32 2022 / Staff reporter

VANCOUVER, British Columbia, April 06, 2022 (GLOBE NEWSWIRE) -- Asante Gold Corporation (CSE:ASE | FRANKFURT:1A9 | U.S.OTC:ASGOF) ("Asante" or the "Company") is pleased to announce that it has entered into an Exclusivity Agreement with Kinross Gold Corporation to negotiate the potential purchase of all of their interests in Ghana ("Kinross Ghana"), including its 90% interest in the Chirano Gold Mi...Read More

Letter - Gold mining in Virginia?

Mon Apr 11 05:42:15 2022 / Staff reporter

To the Editor: Modern open pit gold mining of low grade ore is one of the most polluting mining activities there is. Recent studies have documented that more than 70 to 90% of major gold mines that are near underground or surface water cause contamination of that water. Many open pit gold mines excavate 8 [...]Read full newsRead More

Victoria Gold: Eagle Gold Mine Q1 2022 Operational Highlights

Mon Apr 11 05:42:10 2022 / Staff reporter

WHITEHORSE, Yukon, April 07, 2022 (GLOBE NEWSWIRE) -- Victoria Gold Corp. (TSX-VGCX) ("Victoria" or the "Company") produced 24,358 ounces of gold during the first quarter of 2022. Mr. John McConnell, President and CEO commented, "During the first quarter, we successfully completed a six-week winter maintenance program and resumed stacking ore on the heap leach pad. As we head into spring, stacking...Read More

Harmony Gold Mining (NYSE:HMY) Trading 1.5% Higher

Mon Apr 11 05:42:08 2022 / Staff reporter

Harmony Gold Mining Company Limited (NYSE:HMY - Get Rating)'s share price traded up 1.5% on Wednesday . The company traded as high as $4.74 and last traded at $4.74. 52,859 shares were traded during trading, a decline of 99% from the average session volume of 8,999,868 shares. The stock had previously closed at $4.67. A [...]Read full newsRead More

Kestra Advisory Services LLC Invests $48,000 in Harmony Gold Mining Company Limited (NYSE:HMY)

Mon Apr 11 05:42:05 2022 / Staff reporter

Kestra Advisory Services LLC purchased a new stake in Harmony Gold Mining Company Limited (NYSE:HMY - Get Rating) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 11,562 shares of the mining company's stock, valued at approximately $48,000. A number of other large [...]Read full newsRead More

Asante Gold Enters into Exclusivity Agreement with Kinross Gold to Purchase Chirano Gold Mine in Ghana

Mon Apr 11 05:42:04 2022 / Staff reporter

VANCOUVER, British Columbia, April 06, 2022 (GLOBE NEWSWIRE) -- Asante Gold Corporation (CSE:ASE | FRANKFURT:1A9 | U.S.OTC:ASGOF) ("Asante" or the "Company") is pleased to announce that it has entered into an Exclusivity Agreement with Kinross Gold Corporation to negotiate the potential purchase of all of their interests in Ghana ("Kinross Ghana"), including its 90% interest in the Chirano Gold Mi...Read More

Groups seek to stop gold mine exploratory drilling in Idaho

Mon Apr 11 05:42:03 2022 / Staff reporter

BOISE, Idaho (AP) - Environmental groups are renewing efforts to stop exploratory drilling by a Canadian mining company hoping to build a gold mine in Idaho west of Yellowstone NationalRead full newsRead More

Letter - Gold mining in Virginia?

Mon Apr 11 02:41:15 2022 / Staff reporter

To the Editor: Modern open pit gold mining of low grade ore is one of the most polluting mining activities there is. Recent studies have documented that more than 70 to 90% of major gold mines that are near underground or surface water cause contamination of that water. Many open pit gold mines excavate 8 [...]Read full newsRead More

Victoria Gold: Eagle Gold Mine Q1 2022 Operational Highlights

Mon Apr 11 02:41:08 2022 / Staff reporter

WHITEHORSE, Yukon, April 07, 2022 (GLOBE NEWSWIRE) -- Victoria Gold Corp. (TSX-VGCX) ("Victoria" or the "Company") produced 24,358 ounces of gold during the first quarter of 2022. Mr. John McConnell, President and CEO commented, "During the first quarter, we successfully completed a six-week winter maintenance program and resumed stacking ore on the heap leach pad. As we head into spring, stacking...Read More

Harmony Gold Mining (NYSE:HMY) Trading 1.5% Higher

Mon Apr 11 02:41:06 2022 / Staff reporter

Harmony Gold Mining Company Limited (NYSE:HMY - Get Rating)'s share price traded up 1.5% on Wednesday . The company traded as high as $4.74 and last traded at $4.74. 52,859 shares were traded during trading, a decline of 99% from the average session volume of 8,999,868 shares. The stock had previously closed at $4.67. A [...]Read full newsRead More

Asante Gold Enters into Exclusivity Agreement with Kinross Gold to Purchase Chirano Gold Mine in Ghana

Mon Apr 11 02:41:04 2022 / Staff reporter

VANCOUVER, British Columbia, April 06, 2022 (GLOBE NEWSWIRE) -- Asante Gold Corporation (CSE:ASE | FRANKFURT:1A9 | U.S.OTC:ASGOF) ("Asante" or the "Company") is pleased to announce that it has entered into an Exclusivity Agreement with Kinross Gold Corporation to negotiate the potential purchase of all of their interests in Ghana ("Kinross Ghana"), including its 90% interest in the Chirano Gold Mi...Read More

Groups seek to stop gold mine exploratory drilling in Idaho

Mon Apr 11 02:41:02 2022 / Staff reporter

BOISE, Idaho (AP) - Environmental groups are renewing efforts to stop exploratory drilling by a Canadian mining company hoping to build a gold mine in Idaho west of Yellowstone NationalRead full newsRead More

Rio board signs off on Simandou

11 April 2022 / Kristie Batten

Outgoing chairman Simon Thompson made the announcement at Rio's London annual general meeting on Friday.The company said the project would be developed in line with its ESG standards and would maintain capital discipline."The framework agreement recently signed with the government of Guinea and our Chinese joint venture partners sets out co-development of the port and rail infrastructure, which wi...Read More

Wolfden drills 496 g/t AgEq over 5.3 metres at California Lake, New Brunswick

April 11, 2022 / Editor

Share this article VANCOUVER - Wolfden Resources Corp. [WLF-TSXV; WLFFF-OTC] reported exploration results from its fall exploration program at its California Lake project in New Brunswick. Drilling included nine holes in some 1,368 metres across five target areas.The objective of the program was to test new drill targets and the potential to expand a couple of known silver-gold zones. This work d...Read More

Can This Small Company Match Apple's 200,000% Rise?

April 11, 2022 / Luke Sweeney

How many of you are reading this article on a device like one of these?Chances are your computer/tablet/smartphone is slightly older than these - I know mine certainly are. But collectively, the power contained inside these tiny devices is greater than all the hardware that came before them combined. Progress really is a beautiful thing. Take this glorious piece of sepia-toned nostalgia, for ins...Read More

York Harbour gathers Newfoundland base metals exploration momentum

April 11, 2022 / Posted Henry Lazenby

With the energy revolution ramping up at an unprecedented pace, the search is on to find and develop the next generation of critical metals deposits feeding into the approaching wall of demand.One company making such progress is York Harbour Metals (TSXV: YORK; US-OTCPK: YORKF), which has completed more than 10,000 metres of diamond drilling at its namesake copper-zinc project in western Newfoundl...Read More

Western Australia is world's new top mining destination

April 11, 2022 / Posted Cecilia Jamasmie

Resource-rich Western Australia has been picked the most attractive region for mining investment in 2021, replacing the U.S. state of Nevada, which fell to the third place in the latest annual survey of mining companies released by the Fraser Institute.Canada's Saskatchewan continues to be on the podium, climbing from a third place overall in 2020 to a second position in the 2021 index, which take...Read More

Sigma Lithium updates Grota do Cirilo feasibility, creates US$1.6B after-tax NPV

April 11, 2022 / Posted Jackson Chen

Sigma Lithium (NASDAQ: SGML, TSXV: SGML) has released an updated Phase 1 feasibility study for its wholly-owned Grota do Cirilo project in Minas Gerais, Brazil, host to the the largest lithium hard rock deposit in the Americas.The Phase 1 study reveals an after-tax net present value of US$1.6 billion, potentially increasing to US$1.9 billion, with an internal rate of return of 424%. The study assu...Read More

US markets fall during Apr. 4-8 trading week

April 11, 2022 / Posted Naimul Karim

The Dow Jones Industrial Average fell 200.76 points or 0.57% to 34,721.12 and the S&P 500 fell 94.36 points or 2.1% over the week to 4,488.28. Shares of Gatos Silver rose 6.3% to US$4.72 as the company released "record silver production" figures from its 70%-owned Cerro Los Gatos mine in Mexico for the first quarter of 2022. Gatos also announced the appointment of Dale Andres, the company's curr...Read More

TSX falls during Apr. 4-8 trading week

April 11, 2022 / Posted Naimul Karim

Over the Apr. 4-8 trading period, the S&P/TSX Composite Index fell 211.25 points or 0.96% to 21,874.35. The S&P/TSX Global Mining Index increased 0.6 points or 0.46% to 129.58 and the S&P/TSX Global Base Metals Index fell 9.25 points or 4.1% to 221.74. The S&P/TSX Global Gold Index rose 8.03 points or 2.2% to 363.36 and spot gold ended the week US$11.1 per oz. higher, or 0.57%, at US$1,941.40 per...Read More

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