Alamos Gold seeks $1bn from Turkey linked to stalled project

معدن نیوز -Canada’s Alamos Gold is seeking to obtain more than $1 billion from Turkey for what it deems as “unfair and inequitable treatment” of its Kirazli gold project, which has been halted since 2019 following protests and the expiration of the mining permit.

GWR to create gold-focussed subsidiary

Mining News Pro - GWR Group is set to demerge its Wiluna West gold project in Western Australia and assign the site to proposed subsidiary Western Gold Resources.

Laneway sells coal project stake to focus on gold

Mining News Pro - Aus Tin mining has completed its stage one acquisition of the Ashford coking coal project in New South Wales from Laneway Resources.

B2Gold commissions world`s largest off-grid solar plants for the mining industry

Mining News Pro - B2Gold, a low-cost international senior gold producer headquartered in Vancouver, Canada, announced the commissioning of an off-grid hybrid solar-battery system at Fekola in southwest Mali, one of the world’s biggest gold mines.

China opens its borders to billions of dollars of gold imports

Mining News Pro - China has given domestic and international banks permission to import large amounts of gold into the country, five sources familiar with the matter said, potentially helping to support global gold prices after months of declines.

Gold price nears 2-month high on stronger US retail data

Mining News Pro - Gold prices rose to their highest since late February following declines in both the dollar and bond yields Thursday, placing the precious metal on course for a second straight weekly gain.

Top eight gold producers’ output to increase again after 2020 drop

Mining News Pro - Production from the world’s eight largest gold producers – Newmont, Barrick Gold, AngloGold Ashanti, Polyus, Kinross, Gold Fields, Newcrest and Agnico-Eagle – decreased by 6.5% year-on-year to 24.98-million ounces in 2020, reports data and analysis provider GlobalData.

Gold price rebounds on US inflation data

Mining News Pro - Gold prices rebounded on Tuesday from their lowest levels in more than a week after new data showing a sharp rise in US inflation bolstered bullion’s appeal as an inflation hedge and weighed on the dollar.

Nevada-focused gold miner i-80 falls in Toronto debut

Mining News Pro - US-focused gold miner i-80 Gold Corp, a company formed as part of the C$612 million ($478m) acquisition of Premier by Equinox Gold, debuted on the Toronto exchanged on Tuesday, falling slightly in the first hour of trading.

B2Gold commissions “world’s largest” off-grid solar battery plant at Fekola

Mining News Pro - Canada’s B2Gold has commissioned an off-grid solar battery hybrid system at its Fekola gold mine in Mali, said to be the world’s largest in the mining industry.

Porgera gold mine set for restart

Mining News Pro - The Papua New Guinea (PNG) Government and Barrick Gold have formed a new partnership that will lead to the reopening of the Porgera gold mine later this year.

Implantable gold sensor can help monitor vital values

Mining News Pro - Scientists at Johannes Gutenberg University Mainz have developed an implantable sensor based on color-stable gold nanoparticles. The sensor can be operated in the body for several months.

Gold Road yet to secure acquisition of Tropicana stake

Mining News Pro - Gold Road Resources has confirmed that a bid it made to acquire IGO’s 30 per cent interest in the Tropicana joint venture project in Western Australia has not reached an agreement.

Gold prices surge to six-week highs

Mining News Pro - Spot gold prices have risen to a high of $US1759.70 ($2298.06) per ounce on Thursday, reaching its highest point in over a month.

Equinox completes Premier Gold Mine acquisition, renames Hardrock project

Mining News Pro - Equinox Gold has completed its acquisition of TSX-listed Premier Gold Mines, adding Premier`s interest in the construction-ready Hardrock project in Ontario, Canada; the producing Mercedes mine, in Mexico; and the Hasaga and Rahill-Bonanza exploration properties, in Ontario, to the company`s existing portfolio of gold assets.

WA gold, nickel sales surge alongside iron ore

Mining News Pro - Western Australia has achieved record sales and employment in its mineral and petroleum industry in 2020 despite the hard border impacts brought on by the COVID-19 pandemic.

Cemin’s Pullalli gold-silver operation in Chile to use 100% renewable energy

Mining News Pro - Chilean mid-tier miner Cemin Holding Minero announced a deal with the local subsidiary of France’s Engie for the supply of renewable energy to its Pullalli gold-silver operation, located in the central region of Valparaíso.

OceanaGold confirms Macraes life extension

Mining News Pro - OceanaGold has increased its gold reserves for 2020 following a string of exploration activities across its New Zealand and United States assets.

Condor Gold touts drill results at La India

Mining News Pro - Condor Gold said on Tuesday that first drill results from the starter pit at its flagship La India gold project in Nicaragua have reinforced the company’s confidence in the geological model, mineral resource, reserve calculation and the mining plan.

B2Gold denied exploration permit renewal in Mali

Mining News Pro - Canada’s B2Gold said the Mali government had not renewed the Menankoto exploration permit, which formed a part of the Anaconda area and is located 20 kms north of its flagship Fekola mine license area.

50-year gold price vs stocks chart shows bullion fair value above $2,500

Mining News Pro - Gold has been flirting with a bear market this week with the price down nearly 20% from the intra-day high of $2,089 an ounce reached in August last year.

Bryah hits bonanza gold grade at WA site

Mining News Pro - Bryah Resources has encountered bonanza gold grades at Australian Vanadium’s namesake vanadium-titanium-magnetite project in Western Australia.

Bardoc Gold to jump into mid-tier

Mining News Pro - Bardoc Gold has released its definitive feasibility study for its new Western Australian gold project, which is forecast to average 136 thousand ounces of gold per annum for six years.

Gold price pares weekly drop as dollar weakens, yields retreat

Mining News Pro - Gold prices edged up slightly on Friday, paring a weekly loss as the dollar slipped against most G10 currencies, while bond yields retreated from session highs after the latest US spending data showed declines in February.

Canada`s Novo takes a stake in Victorian gold project

Mining News Pro - Canadian gold explorer Novo Resources Corporation has exercised its joint venture (JV) with ASX-listed Kalamazoo Resources to earn a 50% in that company’s Queens gold project, in Victoria.

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