Category : Search result: gold mining acquisition


Xali Gold Closes Pico Machay Gold Project Acquisition

Xali Gold Corp. has completed its acquisition of the advanced Pico Machay Gold Project in Peru, outlining a $17M payment plan and a strategy for near-term production. Learn about the deal's structure and the company's plans.

Banks Race to Capitalize on Gold's Historic Price Surge

As gold and silver hit record highs, major banks and traders are aggressively expanding their precious metals operations, transforming a once-sleepy sector into a profit powerhouse. Discover the driving forces.

Gold Nears $4,500 as Investors Seek Safe Haven

Gold prices hover near record highs of US$4,500 an ounce. Discover how Canadian investors are buying gold and the key factors, from U.S. monetary policy to geopolitical tensions, driving this historic rally.

Daura Gold Begins Exploration at Cerro Bayo Project

Daura Gold Corp. has commenced induced polarization surveys at Latin Metals' Cerro Bayo gold-silver project in Argentina, advancing towards a 1,500-meter drill program planned for early 2026.

Foremost Announces $9M 2026 Exploration Program

Foremost Clean Energy Ltd. plans an ambitious $9 million exploration program for 2026, focusing on uranium in Saskatchewan's Athabasca Basin and gold in Manitoba. The program includes over 11,500 metres of drilling.

Revival Gold Consolidates Mercur Gold Project in Utah

Revival Gold Inc. exercises its option to acquire Barrick's full interest in the Mercur Gold Project, a major step towards restarting production at the historic Utah site. Learn about the deal and project economics.

Robex Pours First Gold at Kiniéro on Schedule

Robex Resources has successfully poured first gold at its Kiniéro Gold Project in Guinea, meeting its schedule and budget. The milestone marks the company's second producing asset and strengthens its position ahead of a proposed merger.

Women in B.C. Mining Rise to Over 20% of Workforce

The mining sector in British Columbia is transforming, with female participation jumping from 12% to over 20%. Industry leaders cite diversity as a key business advantage for the future.

Alkane Doubles Storheden Gold Deposit Depth in Sweden

Alkane Resources announces significant depth extension at its Storheden gold deposit in Sweden, more than doubling tested depth to 464m. New high-grade intercepts highlight potential for new production area.

Montage Gold expands exploration in Côte d'Ivoire

Montage Gold Corp. secures two new exploration permits in Côte d'Ivoire, significantly expanding its Koné project land package and adding a promising greenfield property. Read about the strategic growth.

Coppernico Launches Large Geophysical Program in Peru

Coppernico Metals Inc. has commenced a large-scale UAV magnetic and ground gravity survey at its Sombrero copper-gold project in Peru, aiming to define new drill targets and expand the mineralized footprint.

Orezone Hits High-Grade Gold at Bomboré P17 Zone

Orezone Gold announces strong confirmatory drill results, including 5.55 g/t gold over 15m, at the P17 Zone of its Bomboré mine. The zone is set to be a primary feed source for the new hard rock plant, with commissioning underway and first gold imminent.

GoldHaven Drills 8 Holes at Copeçal, 9th Underway

GoldHaven Resources Corp. has completed eight diamond drill holes at its Copeçal Gold Project in Brazil, with a ninth hole now underway to follow up a promising sulphide intersection. Read the latest on this exploration campaign.

QGold Engages SLR for Quartz Mountain Permitting

QGold Resources Ltd. has engaged environmental consultancy SLR to lead permitting for its flagship Quartz Mountain Gold Project in Oregon, marking a major development milestone.

Rocky Shore Gold Adds Two Historical Gold Resources in NL

Rocky Shore Gold Ltd. strengthens its Gold Anchor Project in central Newfoundland by acquiring claims hosting historical resources of over 938,000 gold ounces. The move consolidates its position in a prolific gold belt.

Precore Gold Begins Exploration at Arikepay Project

Precore Gold Corp. has initiated a brownfield exploration program at its flagship Arikepay Project in Southern Peru, following a successful site visit and recovery of historical drill core.

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