Tag: Gold

A preliminary economic assessment of Gold Rim Exploration Inc.'s Cotogchoa project in Quito, Ecuador has identified an open-pit zone capable of producing an average of more than 3,000 ounces of gold a year over a four-to-six-year period for a potential mine production of nearly 20,000 ounces of gold, making the project the company's most successful project in the country.

The danger of cyanide contamination following the accident at Victoria Gold’s (TSXV: GCX) Eagle mine in Yukon might be fading after the latest test results show low levels of the chemical in water bodies.

Africa-focused Montage Gold (TSX-V: MAU) has secured the final mining permit for its flagship Koné project in Côte d’Ivoire, which allows it to begin mine construction and is valid for 20 years.

Victoria Gold (TSXV: GCX) faces charges after a heap leach pad (HLP) accident this week at its Eagle mine in Yukon caused a landslide and potential cyanide leak, the second landslide this year, the government said Friday.

South African gold miner AngloGold Ashanti (NYSE: AU; ASX: AGG; JSE: ANG) plans to spend 1.1 billion reais (US$198 million) in Brazil this year, mainly on exploration.

Contango Ore (NYSE-A: CTGO) said on Tuesday that the Manh Choh mine in Alaska will pour its first gold on July 8 at the Fort Knox mill.

Gold Rim Exploration Inc, a leading Canadian precious metals mining company, is excited to announce the commencement of operations at its 49% owned site in Esibomvu Village, Bulawayo, Zimbabwe. This significant development marks a new chapter in Gold Rim Exploration Inc's commitment to responsible mining practices and community engagement.

Adventus Mining (TSXV: ADZN) and Salazar Resources (TSXV: SRL) have scored a win in Ecuador after the country’s environment ministry granted the partners a water use permit for their Curipamba-El Domo copper-gold project.

U.S. Gold (NASDAQ: USAU) has hit the next permitting milestone to develop its CK project in Wyoming, which is expected to produce 108,500 oz. of gold equivalent annually over an estimated 10-year life.

Cascadia Minerals’ (TSXV: CAM) shares soared on Monday after the junior miner announced a $3.2 million private placement led by Michael Gentile, who plans to raise his stake to 9.99% as one of the Yukon explorer’s largest shareholders.

Endeavour Mining (TSX, LSE: EDV) has begun wet commissioning of its 80%-owned and newly built Lafigué gold mine in Côte d’Ivoire, with production slated to begin in late June.

China’s top copper producer Zijin Mining expects to produce 4% more copper in 2025 than previously planned to profit from the metal’s price ongoing rally, driven by anticipated supply shortages.