Category: Gold
Vancouver junior Barrian optimistic after IP survey at Nevada gold project
Vancouver-based Barrian Mining (TSX-V: BARI) announced that it recently completed induced-polarization and resistivity geophysical survey at its flagship Bolo gold property, located 90 kilometres northeast of Tonopah, central Nevada. In a media statement, Barrian said that the survey identified multiple...
Earthquake rattles northern Peru near gold and copper mines
A magnitude 8.0 earthquake struck northern Peru early Sunday near copper and gold mines, prompting officials to activate emergency protocols. The quake hit at 2:41 a.m. local time, according to the European-Mediterranean Seismological Centre. The U.S. Geological Survey put the...
South African carbon tax finally becomes law
South Africa’s long-delayed carbon tax has been enshrined in law, the treasury said on Sunday, as one of the continent’s worst polluters transitions to lower emissions in its efforts to meet agreements on global climate change. The tax was first...
Max positive about initial results of exploration program in Colombia
Max Resource (TSXV: MXR) reported this week the first assays from its 10-week exploration program underway at the North Chocó copper-gold project, located 80 kilometres southwest of Medellín, Colombia. Among the highlights of the campaign, Max informed that seven of...
Stoppage at Newmont Goldcorp mine costs Mexico millions daily – official
Ongoing stoppages at Newmont Goldcorp Corp’s Penasquito gold mine in Mexico are costing “millions” every day to both public coffers and the company, a senior Mexican official said on Thursday, urging a solution that will restart operations. Speaking to reporters...
California project yields high-grade mineralization for Rise Gold
Rise Gold (CSE: RISE) reported this week that the exploration drill program the company is carrying out at its Idaho-Maryland project intercepted high-grade gold mineralization in multiple vein structures downdip from historic workings. The past-producing high-grade Idaho-Maryland gold mine is...
Contact Gold raises C$4m to drill Pony Creek, stock jumps
Contact Gold Corp. (TSX-V: C) has completed its previously announced public offering, raising C$4 million. Shares of the company jumped by more than 13% on Wednesday morning. Its market capitalization now stands at about C$12.7 million. The funds will be...
Gold miners must focus on returns, mergers to attract investment – Barrick CEO
Gold miners must focus on maximising returns and more mergers to attract investors seeking to diversify after years of under-investing in mines, Barrick Gold’s chief executive said on Wednesday. “The industry is in decline and we have put ourselves in...
Scientists replicate medieval gold purification technique
Scientists at Northwestern University have experimentally replicated a medieval gold purification method employed by West Africans in the 10th and 11th centuries. The researchers followed a technique initially described in a 2014 paper by archaeologist Sam Nixon, in consultation with...
SolGold in talks to finance long-life Ecuador copper project
SolGold is in talks with financiers keen to invest in its Ecuadorian copper-gold prospects and mining major BHP could increase its stake in the company, SolGold’s chief executive said on Monday. In a preliminary economic assessment of the Alpala copper-silver-gold...
Venezuelan NGO says illegal mining runs rampant in protected, Indigenous land
Human rights group Kapé-Kapé denounced this week that illegal mining continues to destroy the traditional territory of the Pemón Indigenous tribe in southeastern Venezuela. The civil society association issued a media statement this week saying that unregulated gold extraction is...
Peru leader seeks to rebuild trust in graft-hit political class
Peru must shake up its electoral system and root out graft before the 2021 election to restore faith in its political leadership following the country’s biggest-ever bribery scandal, President Martin Vizcarra said. The government is urging the opposition-controlled Congress to...