Keyword: "gold"

Mining News Pro - Canadian miner Pancontinental Resources and American engineering company Environmental Risk Transfer were selected in a competitive process to explore the former Brewer gold mine in South Carolina, near Pancon’s Jefferson project.

Mining News Pro - Miners working at porphyry copper and gold deposits should be aware that the deeper a deposit is, the more copper there will be, while gold-rich deposits are closer to the surface. This, according to a study published in Nature Communications.

Mining News Pro - B2Gold reported a record annual consolidated gold production of 969,495 ounces in 2019, including 118,379 ounces from discontinued operations.

Mining News Pro - American Battery Metals Corp. has entered into a non-binding letter of intent to acquire Bayshore Minerals Inc., a private exploration and development company that owns the Elk gold project located in south-central British Columbia.

Mining News Pro - Goldsource Mines on Friday provided a summary of its highlights and accomplishments over the past year and presented an outlook for 2020.

Mining News Pro - Scotgold Resources, the company aiming to open Scotland’s first commercial gold and silver mine in Cononish, is seeking its next big discovery by stepping up sediment and soil sampling programs across the Grampian project, in the Scottish Highlands.

Mining News Pro - Canada’s IAMGOLD Corp. announced Thursday that chief executive officer Stephen Letwin will retire at the end of February after a decade at the company, with the post to be assumed by the current president and chief operating officer Gordon Stothart.

Mining News Pro - Australia’s Titan Minerals announced Wednesday that the company has been successful in its offer to purchase all issued and outstanding common shares of Vancouver-based Core Gold to create an emerging Latin America-focused gold miner.

Mining News Pro - Serabi Gold (TSX: SBI) recorded its highest ever quarterly gold production and exceeded 40,000 ounces in a year for the first time, the Brazil-focused gold miner announced Tuesday.

Mining News Pro - Resolute Mining Ltd said on Wednesday it will sell its Ravenswood Gold mine for up to A$300 million ($207 million) to a consortium led by resource-focused private equity firm EMR Capital.

Mining News Pro - Canada’s Continental Gold said on Tuesday that independent proxy advisory firms ISS and Glass Lewis have urged the Canadian miner’s shareholders to vote in favor of the takeover offer from Zijin Mining, China’s No.1 gold producer.

Mining News Pro - Australia’s Resolute Mining confirmed on Monday that is in advanced talks with private equity fund EMR Capital Management over the sale of Ravenswood gold mine in Queensland, Australia.

Mining News Pro - A report by Fitch Ratings states that miners should resist the temptation to increase cash returned to shareholders as gold prices rise and suggests exhibiting more caution than in past bull cycles.

Mining News Pro - Researchers from the Swiss Federal Institute of Technology in Zurich created a lightweight 18-carat gold nugget, using a matrix of plastic in place of metallic alloy elements.

Mining News Pro - The Australian dollar gold price has temporarily moved into record territory of around $2350 an ounce as tensions between the United States and Iran increased.

Mining News Pro - Sudan has begun allowing private traders to export gold, a measure designed to crack down on smuggling and attract foreign currency into the country’s cash-strapped treasury.

Mining News Pro - Egypt-focused gold miner Centamin saw production increase 51% in the last three months of 2019, putting pressure on rival Endeavour Mining to improve its bid for the company, which is expected by Jan. 14.

Mining News Pro - On Thursday, gold was retreating further from near seven-year highs reached Tuesday, but even gold bugs probably aren’t complaining (not too much anyway) about a price in the mid-$1,500s, the highest since March 2013.

Mining News Pro - Global gold-backed exchange-traded funds (ETFs) and similar products had $19.2 billion or 400 tonnes of net inflows in 2019 after holdings rebounded in December, the World Gold Council (WGC) reports. In the fourth quarter, ETF holdings reached an all-time high of 2,900 tonnes.

Mining News Pro - After spiking to a near seven-year high when news of an Iranian missile attack on a US base in Iraq first broke, the price of gold plummeted on Wednesday.

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