Kirkland Lake Gold hits production record ahead of merger with Agnico Eagle

Mining News Pro - Kirkland Lake Gold ended its final quarter before its combination with Agnico Eagle Mines on a high note – with record production of 380,470 oz. gold achieved across its three operations.

Gold price steady as investors weigh policy outlook against omicron

Mining News Pro - Gold steadied after its best week in two months as traders weigh the outlook for monetary policy against the threat posed by a fresh coronavirus wave in the U.S.

GoldStone completes second gold pour at Ghana project

Mining News Pro - GoldStone Resources has completed its second gold pour at the Homase mine, in the Ashanti Gold Belt, in Ghana.

Iamgold in search of new CEO as Stothart leaves

Mining News Pro - Canada’s Iamgold is looking for a new chief executive officer as its current leader Gordon Stothart has stepped down and resigned from the board with immediate effect.

B2Gold says Mali mine can withstand impact of sanctions

Mining News Pro - Canadian miner B2Gold’s Fekola mine in Mali continues to operate normally and remains unaffected by sanctions imposed on the country by the Economic Community of West African States (ECOWAS), CEO Clive Johnson told Reuters on Tuesday.

B2Gold says Mali mine can withstand impact of sanctions

Mining News Pro - Canadian miner B2Gold’s Fekola mine in Mali continues to operate normally and remains unaffected by sanctions imposed on the country by the Economic Community of West African States (ECOWAS), CEO Clive Johnson told Reuters on Tuesday.

Lundin Gold beats 2021 production targets at Fruta del Norte

Mining News Pro - Canada’s Lundin Gold (TSX: LUG) saw production jump at its Fruta del Norte gold-silver mine in Ecuador in 2021, its first full year of operations, churning out a total of 428,514 gold ounces.

Gold catalyst helps transform methane into methanol, acetic acid

Mining News Pro - While some researchers are proposing the idea of using a platinum catalyst to keep methane out of the atmosphere, a group of British, Chinese and American scientists demonstrated, for the first time, the direct conversion of methane into methanol and acetic acid using a gold catalyst.

Torr Metals, Tahltan government sign Latham copper-gold agreement

Mining News Pro - Torr Metals and the Tahltan Central Government have signed a communications and engagement agreement with respect to the company’s 100%-owned Latham copper-gold project in British Columbia’s Golden Triangle.

Goldman Sachs says bitcoin will compete with gold as “store of value”

Mining News Pro - Bitcoin will take market share away from gold in 2022 as digital assets become more widely adopted, Goldman Sachs analyst Zach Pandl said in a research note to clients.

Gold price bounces higher ahead of Fed minutes

Mining News Pro - The gold edged higher on Wednesday, supported by declines in the dollar and worries over the fast-spreading omicron variant, though trading was range-bound as investors await the minutes of the US Federal Reserve’s latest policy meeting.

Pure Gold aims to get Red Lake mine on track with leadership shakeup

Mining News Pro - Pure Gold Mining has put new leadership in place at its PureGold operation in Red Lake, Ontario, in order to get the mine to consistent production and profitability.

Rise Gold shares bounce on draft EI report for Idaho-Maryland project

Mining News Pro - Shares in US-focused junior Rise Gold jumped more than 42% in Toronto trading Tuesday morning after it received a Draft Environmental Impact Report (DEIR) for its brownfields Idaho-Maryland gold project (IMM) in Nevada County, California.

Centerra Gold confirms talks with Kyrgyzstan for out-of-court settlement over mine dispute

Mining News Pro - Canada’s Centerra Gold on Monday confirmed it was in talks with the Kyrgyzstan government for an out-of-court settlement over a dispute in which the state seized the company’s Kumtor mine.

Gold price extends loss with bond yields

Mining News Pro - Gold extended its decline heading into 2022, falling by more than 1% on Monday as a risk-on rally in equities pressured bullion, with investors shrugging off concerns surrounding the omicron coronavirus variant.

Gold steadies near 6-week high as firmer yields offset Omicron woes

Mining News Pro - Gold scaled a six-week high before it gave up gains to trade flat on Monday, as safe-haven buying fuelled by an Omicron-driven surge in Covid-19 infections countered pressure from higher US Treasury yields.

Last chance for Harte Gold bidders to come forward

Mining News Pro - Potential suitors for Harte Gold and its Sugar Zone gold mine in Ontario have until Jan. 14 to submit bids for the distressed company. If no bids are received, Australia’s Silver Lake Resources will become the new owner of the assets.

Miner seeks to revive 1882 gold lode as Australian dollar weakens

Mining News Pro - A weak Australian dollar has miners eying shuttered reserves, including an abandoned gold deposit first excavated the same year Thomas Edison began commercial operation of a power plant in New York in the late 19th century.

Lundin slumps after deal to buy copper-gold project in Argentina

Mining News Pro - Lundin Mining Corp. fell the most since March after it agreed to acquire Josemaria Resources Inc., a copper-gold project in Argentina, for C$625 million ($483 million).

Gold Royalties bids for Elemental Royalties

Mining News Pro - Gold Royalties is proposing to acquire Elemental Royalties in an all-share deal valued at C$130 million ($100.4m).

Gold price holds steady as investors assess omicron risk

Mining News Pro - Gold prices held steady on Monday, hovering close to a three-week peak, as the spread of the omicron coronavirus variant continues to smother investors’ appetite for riskier assets, lifting bullion’s safe-haven appeal.

MAS Gold updates North Lake resource

Mining News Pro - MAS Gold has updated the resource estimate for its North Lake gold deposit in the La Ronge Gold Belt of northeastern Saskatchewan, increasing the tonnage by 28.3% and in situ gold resources by 18.5%.

Otso Gold CEO detained in Finland on suspicion of fraud

Mining News Pro - A former CEO of Otso Gold, Brian Wesson, has been detained in Finland and remains in pre-trial custody under criminal suspicion of aggravated embezzlement and payment fraud, the company has disclosed.

Serabi Gold’s Coringa project in Brazil hit by court ruling

Mining News Pro - Shares in Serabi Gold fell on Thursday after a Brazilian judge ruled that no future licenses or titles should be granted to the company until it is proven that its Coringa gold project doesn’t pose harm to Indigenous tribes, or until they are consulted.

Gold demand in India seen best in a decade in festival quarter

Mining News Pro - Gold consumption in India will probably be the best in at least a decade in the current quarter as buyers stocked up for festivals in November and the peak wedding period that followed, according to the World Gold Council.

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