Gold and Silver

Mining News Pro - Vancouver based Pan American Silver may put its Bell Creek and Timmins West gold mines up for sale, reported Northern Ontario Business last week.

Mining News Pro - Papua New Guinea plans to take a larger share of the Porgera gold mine as part of lease-renewal talks, diluting the ownership of joint venture partners Barrick Gold Corp and Zijin Mining Group, the country’s commerce minister told Reuters on Monday.

Mining News Pro - In its 2018/19 Full Year Financial Results, published on August 16, 2019, Newcrest Mining (ASX: NCM) announced that it has started a process aimed at divesting a least a 26% interest from its current 75% ownership of the Gosowong gold operation in Indonesia.

Mining News Pro - West Africa-focused gold miner Avesoro Resources (TSX, AIM:ASO) has regained control of its Youga gold mine in Burkina Faso after being forced to halt operations last week.

Mining News Pro - Embattled Acacia Mining (LON:ACA), Tanzania’s top bullion producer, has resumed exports from its largest mine in the country, but noted that ore processing is now officially halted, as a ban issued by the government last month has come into effect.

Mining News Pro - Australia’s Northern Star Resources (ASX:NST) has been signalled as the frontrunner to acquire Barrick Gold’s (TSX:ABX)(NYSE:GOLD) 50% stake in the Super Pit, once the country’s biggest open-pit gold mine, located in Kalgoorlie, Western Australia.

Mining News Pro - The Japanese Ministry of Economy, Trade and Industry approved Japan Gold’s (TSXV: JG) new prospecting rights applications covering extensions to its Sanru epithermal-gold project in the Hokkaido prefecture.

Mining News Pro - In discussing its second quarter results, Barrick Gold slipped in two very interesting bits of information.

Mining News Pro - Lydian International (TSX:LYD) will know next week whether the Armenian government will allow the company to continue building its Amulsar gold mine, located in the mountainous south of the country.

Mining News Pro - Barrick Gold (TSE: ABX) is considering a sale of its Tongon Gold mine in the Ivory Coast as the company ramps up asset disposals following its purchase of Randgold Resources Ltd., people familiar with the matter said.

Mining News Pro - South Africa’s AngloGold Ashanti (JSE:ANG) (NYSE:AU), the world’s third-biggest producer of the precious metal, said the recent surge in bullion prices has not made it easier for the company to sell the mines it has put up for sale.

Mining News Pro - Canada’s Centerra Gold (TSX:CG) and the Kyrgyz Republic have finally completed all conditions included in a deal signed in Sept. 2017 ending long-dragged out environmental and economic disputes over the company’s Kumtor gold mine, the country’s largest.

Mining News Pro - Klondike Gold (TSXV: KG) released on Tuesday results from nine of the 12 drill holes testing the Nugget zone at its Klondike District property in Canada’s Yukon territory, where high-grade gold mineralization has been found.

Mining News Pro - Barrick Gold (TSE: ABX) said on Friday the National Court of Papua New Guinea had ruled that the miner could continue to operate the Porgera gold mine, while the country’s government considers an application to extend the lease for the mine.

Mining News Pro - Australia’s Northern Star Resources (ASX:NST) said Tuesday it had achieved record sales of 232,042 ounces of gold across its operations during the June quarter, driven particularly by its Pogo mine in Alaska, as well as its Kalgoorlie and Jundee operations in Western Australia.

Mining News Pro - Shares in Mexico-focused precious metals miner Fresnillo (LON:FRES) hit a three-year low on Tuesday after it reported half-year results that fell short of market expectations.

Mining News Pro - Vancouver-based Pure Gold Mining (TSXV: PGM) and the First Nations of Wabakuskangand Lac Seul have inked a project agreement with respect to the Madsen Red Lake gold mine in Northern Ontario.

Mining News Pro - It took less than three minutes for eight armed men to make off with $30 million worth of gold bars from Sao Paulo’s international airport — possibly the second-largest heist in Brazil’s history.

Mining News Pro - Australia’s OceanaGold Corp (TSX, ASX: OGC) has halted mining at its Didipio gold and copper asset in the Philippines, as an ongoing dispute with a provincial government over its license to operate is negatively impacting the operation.

Mining News Pro - Barkerville Gold Mines (TSXV: BGM) released new drill results on Tuesday from the 2019 Island Mountain exploration program at the company’s flagship Cariboo project in the historical Cariboo Mining District of central British Columbia.

In Picture