Barrick eyes Nevada Gold Mines as Newmont ramps up deal pressure
Mining News Pro - Canada’s Barrick Gold Corp would be open to taking over Newmont’s stake in its Nevada Gold Mines joint venture, CEO Mark Bristow said on Wednesday, after Newmont’s $16.9 billion bid for Newcrest ramped up pressure on gold miners to do deals.
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Maple Gold Mines gathers critical mass at Douay and Joutel
Mining News Pro - Following short on releasing a resource update that tops 3 million oz. gold across all categories on the flagship Douay project in Quebec, explorer Maple Gold Mines believes it is reaching critical mass as it looks to drill test other underexplored zones, president and CEO Matthew Hornor says.
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Barrick’s first-quarter output hurt by Nevada gold mines
Mining News Pro - Barrick Gold said on Thursday first-quarter production fell 17.7% from the previous three months, hurt by lower output at its Carlin and Cortez mines in Nevada.
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Sibanye halts work at gold mines as workers begin strike
Mining News Pro - Sibanye Stillwater Ltd. halted work at its three gold mines in South Africa from Wednesday evening after workers began a strike over wages.
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Kinross says Russian gold mines unaffected by sanctions
Mining News Pro - Canadian senior miner Kinross Gold (TSX: K; NYSE: KGC) says its operations in Russia are operating to plan and currently remain unaffected by Western and US sanctions announced on February 22.
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Top Gold Mines in South Africa
Mining News Pro - This list, compiled by Further Africa, highlights the top 10 gold mines in the country by proven gold reserves
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Barrick Gold mines in Tanzania reach Tier One status
Mining News Pro - Barrick Gold said on Tuesday it had succeeded in taking its North Mara and Bulyanhulu gold mines in Tanzania from “moribund” to Tier One assets.
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Dolly Varden Silver to acquire Fury Gold Mines’ Homestake Ridge project for $39m
Mining News Pro - Dolly Varden Silver s acquiring Fury Gold Mines’ Homestake Ridge gold and silver project in British Columbia’s Golden Triangle in a cash and shares deal valued at C$50 million ($39m).
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Equinox breaks ground at one of Canada’s largest gold mines
Mining News Pro - Equinox Gold has begun full-scale construction at its $1.23 billion Greenstone Gold Mines project in Ontario, Canada, which is slated to become one of the country’s largest gold mines, producing more than 400,000 ounces annually for the first five years of operations.
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Equinox breaks ground at one of Canada’s largest gold mines
Mining News Pro - Equinox Gold has begun full-scale construction at its $1.23 billion Greenstone Gold Mines project in Ontario, Canada, which is slated to become one of the country’s largest gold mines, producing more than 400,000 ounces annually for the first five years of operations.
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Maple Gold Mines to buy former Eagle mine in Quebec
Mining News Pro - Maple Gold Mines has entered into an option agreement with Globex Mining Enterprises regarding the past-producing Eagle gold mine, 60 km southwest of Matagami, Quebec.
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Sibanye may wind down gold mines in South Africa’s fading sector
Mining News Pro - Sibanye Stillwater may wind down its three South African gold mines in the next decade or so as it becomes harder to exploit aging assets in an industry that was once the world’s largest.
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Sibanye may wind down gold mines in South Africa’s fading sector
Mining News Pro - Sibanye-Stillwater may wind down its three South African gold mines in the next decade or so as it becomes harder to exploit aging assets in an industry that was once the world’s largest.
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Osisko could breathe life back into BC’s Barkerville Gold Mines
Mining News Pro - British Columbia’s next new gold mines could be in production as early 2022 and promise to breathe life back into B.C.’s historic Barkerville region.
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Caledonia said to be eyeing one of Zimbabwe’s largest gold mines
Mining News Pro - Caledonia Mining is interested in buying one of Zimbabwe’s largest gold operations as it embarks on an aggressive plan to acquire more assets in the country, according to a person familiar with the details.
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Rare win for union at Nevada Gold Mines
Mining News Pro - Nevada Gold Mines (NGM) – the world’s largest gold mining complex – was created last year as a joint venture between Newmont and Barrick, and the miners said the business combination is expected to generate savings of $500 million a year within the first full five years.
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Sibanye-Stillwater looking to buy gold mines outside South Africa
Mining News Pro - Sibanye-Stillwater CEO Neal Froneman said on Monday he wanted to increase the mining company`s exposure to gold, but added that it was a difficult time to do deals.
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Focus plots rise of mothballed WA gold mines
Mining News Pro - Focus Minerals has flagged the potential awakening of two open pit gold mines at the Coolgardie project in Western Australia.
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Premier Gold Mines reports positive results following covid-19 shutdown
Mining News Pro - Premier Gold Mines announced that since restarting operations in June at its Mercedes operation in Mexico, the mine is generating positive cash flow under its revised production plan.
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Newcrest gold mines hit by lower mill rates
Mining News Pro - Newcrest Mining has delivered lower gold production across its mines in Australia and Papua New Guinea.
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Zimbabwe gold mines lure investor despite economic ruin
Mining News Pro - Zimbabwe’s biggest gold mines are being snapped up by Mauritius-based Sotic International Ltd. as the price of bullion soars to the highest in more than eight years.
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Barrick;
Nevada Gold Mines exceeds expectations
Mining News Pro - Barrick Gold’s Nevada Gold Mines (NGM), established one year ago Wednesday, posted an exceptional performance in its first 12 months of operation, CEO Mark Bristow said in a media statement Wednesday.
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World’s deepest gold mines on a ‘cliff’ as virus cuts output
Mining News Pro - South Africa’s gold industry output has dwindled to a fifth of its 1970s’ peak as ever-deepening shafts and higher costs take their toll. The coronavirus may pose an even bigger threat.
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Resolute delivers record production at African gold mines
Mining News Pro - Resolute Mining has produced over 110,000 ounces of gold from its gold mines in Africa during the March 2020 quarter, marking record quarterly production for the company.
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Nevada Gold Mines donates $1.5m to covid-19 task force
Mining News Pro - Nevada Gold Mines has announced measures to provide financial and logistical support to mitigate the impact of the covid-19 pandemic on local communities.
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Visit: 668