Pretium Resources Inc.: Brucejack Mine Q3 2018 Production Update
“We added $48 million to our cash on hand during the third quarter, and are focused on sustaining long-term profitability,” said Pretivm President & CEO Joseph Ovsenek. “We are on our way to meeting our gold production guidance of 200,000 to 220,000 ounces of gold for the second half of 2018.” More
Gold Resource Corporation Reports 2017 Net Income of $4.2 Million, or $0.07 Per Share; Provides 2018 Production Outlook -
"Gold Resource Corporation (NYSE American:GORO) (the “Company” or “GRC”) today announced a seventh consecutive year of profitability, reporting net income of $4.2 million or $0.07 per share. Included in the financial results is a $7.3 million, or $0.13 per share, non-cash income tax expense related to the recently enacted Tax Cuts and Jobs Act. Cash increased by $8.2 million to $22.4 million at year-end. The Company also confirmed its previously announced 2017 annual mill production of 28,117 gold ounces and 1,773,263 silver ounces for 52,050 precious metal gold equivalent ounces." More
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Freeport-McMoRan Reports Third-Quarter and Nine-Month 2017 Results -
"Freeport-McMoRan Inc. (FCX) reported net income attributable to common stock of $280 million ($0.19 per share) for third-quarter 2017 and $776 million ($0.53 per share) for the first nine months of 2017, compared with net income attributable to common stock of $217 million ($0.16 per share) for third-quarter 2016 and a net loss attributable to common stock of $4.4 billion ($3.45 per share) for the first nine months of 2016." More
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NOVAGOLD Reports 2017 Third Quarter Results: Donlin Gold Final Environmental Impact Statement on Track to be Published in 2018 -
"NOVAGOLD RESOURCES INC. (NG.TO) (NYSE American:NG) today released its third quarter financial results and updates for its flagship Donlin Gold project in Alaska, which NOVAGOLD equally owns with Barrick Gold Corporation (“Barrick”) and its Galore Creek copper-gold-silver project in British Columbia, which NOVAGOLD equally owns with Teck Corporation (“Teck”)." More
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Centerra Gold Announces Sale of Mongolian Business Unit -
"Centerra Gold Inc. (“Centerra”) (CG.TO) announced today that it has completed the sale of its Mongolian business unit, including the Boroo Gold Mine and processing facility and the Gatsuurt Gold Project to OZD ASIA PTE Ltd. (“OZD”), for net proceeds of US$35 million. OZD has purchased all of the outstanding shares and debt of Centerra Netherlands, BVBA which is the 100% direct shareholder of the Company’s Mongolian subsidiaries, Boroo Gold LLC and Centerra Gold Mongolia LLC (“CGM”)." More
- 10/12/18 | Item
Golden Star Supports the Return of Giants of Africa to Ghana -
"Golden Star Resources Ltd. (NYSE American: GSS; TSX: GSC; GSE: GSR) ("Golden Star" or the "Company") is pleased to announce that it is supporting the return of Giants of Africa to Ghana , as part of the Company's commitment to industry-leading corporate social responsibility ("CSR")." More
- 10/12/18 | Item
McEwen Mining Reports Q3 2018 Production Results -
"McEwen Mining Inc. (MUX) (MUX.TO) reports consolidated production for Q3 2018 of 33,806 gold ounces and 745,172 silver ounces, or 43,742 gold equivalent ounces(1)(“GEOs”), using a 75:1 gold to silver ratio. Consolidated production for the nine months ended Sept. 30, 2018 was 135,344 GEOs, which is 48% higher than the comparable period in 2017." More
- 10/12/18 | Item
B2Gold Reports Record Third Quarter 2018 Gold Production; Quarterly Gold Production Increase of 78% to 242,000 oz as Gold Revenues Increase by 110% ($170 M) -
"With the new large, low-cost Fekola Mine in Mali now in full production (after achieving commercial production on November 30, 2017), consolidated gold production in the third quarter of 2018 was a quarterly record of 242,040 ounces, a significant increase of 78% (106,412 ounces) over the same period last year and in-line with budget." More
- 10/11/18 | Item
Barrick Reports Preliminary Third Quarter Production Results -
"Barrick Gold Corporation (ABX)(ABX.TO) (“Barrick” or the “Company”) today announced preliminary third quarter sales of 1.20 million ounces of gold, and 114 million pounds of copper, as well as preliminary third quarter production of 1.15 million ounces of gold, and 106 million pounds of copper. The average market price for gold in the third quarter was $1,213 per ounce, while the average market price for copper was $2.77 per pound." More
- 10/11/18 | Item
Barrick Announces Filing of Management Information Circular for Merger with Randgold -
"Barrick Gold Corporation (ABX)(ABX.TO) (“Barrick”) announced today that it has filed its management information circular and related voting materials in connection with a special meeting of shareholders to be held on November 5, 2018. The purpose of the meeting is to approve the issuance of Barrick common shares in connection with the merger of Barrick and Randgold Resources Limited (“Randgold”), as previously announced on September 24, 2018, as well as to approve the continuance of Barrick to the Province of British Columbia." More
- 10/10/18 | Item
Randgold Resources Limited - Publication and Posting of Scheme Document -
"On 24 September 2018, the Boards of Barrick Gold Corporation ("Barrick") and Randgold Resources Limited ("Randgold") (GOLD) (LSE:RRS) announced that they had reached agreement on the terms of a recommended share-for-share merger of Barrick and Randgold (the "Merger") to create an industry-leading gold company." More
- 10/05/18 | Item
Coeur Completes Acquisition of Northern Empire Resources -
"Coeur Mining, Inc. (“Coeur” or the “Company”) (CDE) today announced that it has successfully completed the acquisition of Northern Empire Resources Corp. (“Northern Empire”) (NM.V), by way of the previously announced plan of arrangement (the “Arrangement”)." More
- 10/02/18 | Item
First Majestic Produces a Record 6.7 Million Silver Equivalent Ounces in Third Quarter -
"First Majestic Silver Corp. ("First Majestic" or the "Company") announces total production in the third quarter of 2018 reached a new Company record of 6.7 million silver equivalent ounces. Total production consisted of 3.5 million ounces of silver, 35,260 ounces of gold, 4.4 million pounds of lead and 1.2 million pounds of zinc." More
- 10/15/18 | Item
Endeavour Appoints Vice President, Operations -
"Endeavour Silver Corp. (EXK) (EDR.TO) announces, effective today, the appointment of Nicholas (Nick) Shakesby as the new Vice President, Operations to oversee the Company’s underground mining operations in Mexico. Mr. Shakesby will report to Endeavour President and Chief Operating Officer, Godfrey Walton." More
- 10/15/18 | Item
Avino Announces Q3 2018 Production Results; Provides Corporate Update -
"During the third quarter of 2018, our production results were slightly lower than anticipated; however, we are very pleased that we have begun small-scale processing of newly-mined material from the San Luis area of the Avino Mine through Mill Circuit 2. We feel this highlights that our expansion was well timed and running smoothly." More
- 10/15/18 | Item
Mali expects 2018 industrial gold output to rise 21 pct -
"Industrial gold production in Mali, Africa's third biggest producer, is still expected to rise almost 21 percent to 60 tonnes this year, a government official told Reuters on Friday, despite slightly lower than expected output so far." More
- 10/05/18 | Item
Barrick Gold Is the Undisclosed Bidder for Detour Gold -
"Barrick Gold Corp. is the undisclosed gold miner who was asked to sign a confidentiality agreement alongside activist investor John Paulson to discuss potentially buying Detour Gold Corp., according to people familiar with the matter." More
- 07/20/18 | Item
South African Gold Output Falls Most Since February 2017 in May -
"Gold output in South Africa, once the world’s biggest producer of the metal, declined the most since February 2017 in May." More
- 07/12/18 | Item
Mining/Metals News Archive -
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Gunpowder Gold Corp. Announces the Appointment of Michael Nott as President -
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Argonaut Gold Announces New Chief Operating Officer -
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Victoria & First Nation of NaCho Nyak Dun Sign Letter of Intent and Victoria Stakes 290 km2 of Virgin Land Adjacent to Dublin Gulch, Yukon -
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Gentor Stock Option Grant -
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Black Iron Files Favourable Preliminary Economic Assessment Technical Report -
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Crocodile Gold Appoints Special Committee of the Board and Financial Advisors in Relation to the Luxor Bid -
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Goldeye Explorations Limited Announces Flow-Through Financing and Non-Flow-Through Financing -
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AVX is Industry’s First to Guarantee Conflict-Free Tantalum Capacitors -
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Avrupa Extends Warrant Expiry Date -
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Commerce Resources Corp. Intersects 176.43 metres of Middle and Heavy Rare Earth Element Enrichment from Surface at the Ashram Deposit, Northern Quebec -
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Victory Ventures Signs LOI to Option Copau Claims, BC -
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Granite Creek Reports on Its Annual General Meeting -
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Excalibur Announces Gold and Silver Assays From Cariboo Property -
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