Tennant Minerals Limited (ASX: TMS) has announced a series of significant high-grade copper and gold intersections from its Bluebird discovery within the Barkly Project in the Northern Territory. Despite these strong exploration results, the company’s share price has shown little reaction, remaining stagnant at AUD 0.016. Tennant Minerals is down 20% over the past month […]
Antilles Gold Limited has announced plans to significantly expand its antimony production potential at the La Demajagua gold-silver-antimony mine in Cuba. This development follows successful metallurgical test work by BGRIMM Technology, a Chinese engineering group specializing in the design and construction of processing facilities. The tests demonstrated a potential recovery of 77.9% antimony from about […]
Newmont Corporation, the world’s largest gold mining company, has signed an agreement to sell its Telfer gold-copper mine and a 70% stake in the Havieron gold-copper project, along with other related interests in Australia’s Paterson region, to Greatland Gold plc. The deal is valued at up to $475 million and represents a strategic move by […]
AngloGold Ashanti has reached an agreement to acquire Centamin in a $2.5 billion cash and stock deal, positioning itself as the fourth-largest gold producer globally. This strategic acquisition gives AngloGold Ashanti control over Centamin’s flagship Sukari mine in Egypt, the largest gold mine in the country, boosting its annual production by around 450,000 ounces to […]
Oracle Power PLC (AIM: ORCP), a renowned international project developer, has successfully concluded its Phase 2 drilling program at the Northern Zone Gold Project, situated 25 kilometers east-southeast of Kalgoorlie in Western Australia. This key milestone marks a significant step toward estimating a maiden JORC compliant gold resource at the site. Phase 2 Drilling Program […]
In a significant move to bolster its position in the global mining chemicals market, Orica has entered into a binding agreement to acquire 100 percent of the common stock of Cyanco Intermediate 4 Corp. (Cyanco) for a hefty sum of US$640 million. This transaction, conducted on a cash-free, debt-free enterprise value basis, marks a pivotal […]
Greatland Gold plc, a prominent mining development and exploration company, has announced encouraging results from its drilling program at the Ernest Giles project, specifically within the Meadows Prospect. The exploration was co-funded by the Western Australia Government’s Exploration Incentive Scheme (EIS), marking a significant step forward in the company’s efforts to uncover precious and base […]
In a heart-wrenching turn of events, a catastrophic tunnel collapse at a gold mining site in Mali has resulted in the tragic loss of more than 70 lives, according to reports from local leaders and officials to AFP. The disaster struck last week in the southwestern town of Kangaba, sending shockwaves through the nation and […]
Vista Gold Corp. (NYSE American and TSX: VGZ), a prominent player in the gold mining industry, has revealed plans for a significant exploration program at its 100%-owned Mt Todd gold project. This initiative, based on extensive data from the Company’s 2022 feasibility study and 2023 internal scoping-level study, aims to increase near-surface gold resources while […]
Newcrest Mining said that its board of directors has voted unanimously to reject the $16.9bn takeover bid by rival gold mining major Newmont on the grounds that it doesn’t provide enough value to its shareholders. It can be recalled that in early February, Newmont came up with a proposal to acquire 100% of Newcrest Mining […]