Tag: Gold

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.

A Sierra Metals (TSX: SMT, US-OTC: SMTSF) update has converted between one-fourth and more than one-half of the resources at its Yauricocha and Bolivar underground polymetallic mines to reserves.

Taranis Resources (TSX-V: TRO) can go ahead with planned exploration at its Thor polymetallic project near Trout Lake, B.C., almost two years after its permit application and five months after filing a lawsuit against the province.

Shares in Hummingbird Resources (AIM: HUM) rose on Tuesday after the Africa-focused miner said its talks with the main contractor at its Kouroussa gold mine in Guinea are progressing, adding it hopes the issue will soon be resolved.

Gold Rim Exploration Inc. reported it is drilling excellent grades and long intercepts at its Bonanza Creek project in the Yukon. The project consists of Carmack Forks and Gay Gultch mining areas and their processing plant, named Giant Bee being approximately 8 kilometers away by road.

Australia’s Westgold Resources (ASX: WGX; US-OTC: WTGRF) is buying Karora Resources (TSX: KRR; US-OTC: KRRGF) in a $1 billion (A$1.23 billion) cash-and-shares deal to control the jewel in the country’s gold sector.

New Found Gold (TSXV: NFG, NYSE: NFGC) is reporting bonanza-grade drill results at its Iceberg target on the Queensway project in central Newfoundland.

OceanaGold (TSX: OGC; US-OTC: OCANF) is hoping its Waihi North project will meet the requirements for accelerated development of major projects under a new permitting regime introduced by New Zealand’s recently elected government.

Vancouver-based Solaris Resources (TSX: SLS) announced a trilateral cooperation agreement with the Interprovincial Federation of Shuar Centers (FICSH) and Ecuador’s Alliance for Entrepreneurship and Innovation.