Sanctions cause cost surge for Russia’s Polyus gold project
Russia’s largest gold producer, Polyus, announced that the cost of developing the massive Sukhoi Log gold deposit in Siberia has nearly doubled to $6 billion,...
Tag : gold
Mozambique Mining Mineral Group launches mobile gold mining units to empower small businesses across Africa
Mozambique Mining Mineral Group (MMMG) is launching an innovative project aimed at transforming gold mining across Africa by introducing mobile gold mining units tailored to...
Nativo Resources shares rise after securing Morrocota gold mine acquisition in Peru
Shares of Nativo Resources Plc rose sharply in early trading after the company announced it had signed a term sheet to acquire the Morrocota gold...
Zijin Mining completes acquisition of Pan American Silver’s La Arena mine for $245 million
Jinteng Mining, a subsidiary of China’s Zijin Mining Group, has officially become the new owner of Pan American Silver’s La Arena open-pit mine and project...
Rio Tinto and Sumitomo Metal Mining sign joint venture for Winu copper-gold project
Rio Tinto and Sumitomo Metal Mining (SMM) have entered into a term sheet for a joint venture to develop the Winu copper-gold project in Western...
Thor Explorations reports positive drilling results at Segilola gold mine in Nigeria
Thor Explorations, listed on AIM and TSX-V, has announced further positive results from its initial proof-of-concept drilling program targeting the down-plunge potential beneath the Segilola...
Prime Mining reports larger-than-expected gold-silver deposits at Los Reyes project in Mexico
Prime Mining Corp. has announced encouraging drilling results at its flagship Los Reyes gold-silver project in Sinaloa, Mexico, suggesting that the three main deposit areas...
Ariana Resources unveils promising exploration results at Dokwe gold project in Zimbabwe
Ariana Resources plc, an AIM-listed mineral exploration and development company with gold interests in Africa and Europe, has provided an update on its ongoing exploration...
Amaroq Minerals celebrates first gold pour at Nalunaq mine in Greenland
Amaroq Minerals, listed on the AIM and TSX-V, has successfully completed its first gold pour at the Nalunaq gold mine in Greenland. The pour took...
China uncovers giant gold reserve in Hunan with potential value of $83 billion
China’s gold reserves could see a significant boost with the discovery of a massive deposit in Hunan Province. Geologists have identified over 40 gold veins...