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14 clusters · 41 sources · 51 days · First seen · Last updated

Global mineral exploration and mining development

Overview

Global mining operations continue to advance through significant exploration and infrastructure development. In Canada, White Gold Corp. has released a Preliminary Economic Assessment (PEA) for its namesake project in the Yukon Territory, projecting a C$1.9 billion post-tax net present value. The PEA describes a 9.4-year open-pit operation capable of producing an average of 188,000 ounces of gold per year, reporting an after-tax 41% Internal Rate of Return (IRR) and a 1.5-year payback period based on a gold price of USD$3,600/oz.

Other Canadian activity includes Gold X2 Mining Inc. reporting high-grade gold intersections in Ontario, specifically at its Moss Gold Project where resource expansion at the QES Zone intersected mineralized core shear zones. Amex Gold Mining has also reported a discovery at its Perron project, identifying the Rosé Zone. Manhattan Gold Corporation identified a high-grade gold intercept at its Hook Lake project in Nunavut, while Norsemont Mining Inc. has reported progress at its Choquelimpie project. Goldcliff Resource Corporation identified the ‘East Breccia Zone’ at its Kettle Valley project in British Columbia.

Recent developments in Canada include Blue Lagoon Resources Inc. initiating a 10,000-metre Phase One exploration drilling program at its Dome Mountain Gold Mine near Smithers, British Columbia, to test high-priority targets and expand existing mineral resources. Additionally, Laurion Mineral Exploration Inc. reported assay results from its Ishkōday Gold and Polymetallic Project in northwestern Ontario, where drilling identified gold, silver, copper, and zinc mineralization intended to support a potential maiden Mineral Resource Estimate.

In the United States, West Point Gold is initiating a new 30,000-meter drilling program at its Gold Chain project in Arizona. In Mexico, Algo Grande Copper Corp. reported high-grade copper results from its Adelita project, and Axo Metals announced high-grade gold oxide intercepts at its San Antonio flagship project.

Entities

Gold X2 Mining Inc. · Sonora · Sarfartoq Nd-Pr Rare Earths Project · Moss Gold Project · Resolution Copper

Timeline

  1. [BUSINESS] 2 sources
    Canadian mining companies advance gold exploration programs

    Canadian mining companies Blue Lagoon Resources and Laurion Mineral Exploration have announced new drilling activities and assay results for gold and polymetallic projects in British Columbia and Ontario.

  2. [BUSINESS] 2 sources
    Gold mining companies announce drilling and economic assessments

    West Point Gold begins a 30,000-meter drilling program in Arizona, while White Gold reports strong economics for its Yukon project.

  3. [BUSINESS] 2 sources
    Mining companies report significant gold exploration results in North America

    Mining companies report significant gold exploration results across Mexico, the US, and Canada, including Torex Gold's record US$51 million budget increase in Mexico.

  4. [BUSINESS] 2 sources
    Mining companies report significant mineral discoveries in Sonora, Mexico

    Axo Metals and Algo Grande Copper report significant gold and copper drilling successes at exploration projects in Sonora, Mexico.

  5. [BUSINESS] 5 sources
    Gold mining companies report significant drilling discoveries in Canada

    Gold X2 Mining and Amex Gold Mining report significant drilling successes in Canada, with Gold X2 expanding resources at the Moss Gold Project and Amex discovering the Rosé Zone at the Perron project.

  6. [BUSINESS] 6 sources
    Mining companies Algo Grande and Goldcliff report exploration and funding updates

    Algo Grande Copper Corp. raised $4.79 million for exploration in Sonora, while Goldcliff Resource Corp. identified new gold-silver mineralization at its Kettle Valley project in British Columbia.

  7. [BUSINESS] 2 sources
    Mining updates: Norsemont drilling progress and Namibia Critical Metals project advancement

    Norsemont Mining reports progress on its Choquelimpie drilling program, while Namibia Critical Metals advances its Lofdal rare earth project with Japanese partners JOGMEC and Toyota Tsusho.

  8. [BUSINESS] 3 sources
    Greenland mining companies report resource updates and field progress

    Greenland Mines reported its first Indicated Mineral Resource for the Sarfartoq rare earths project, while Greenland Resources launched a summer field program in east Greenland to advance engineering and mine-s

  9. [BUSINESS] 2 sources
    Australian mining companies Manuka and MGX advance gold production

    Manuka Resources has restarted gold production at its Wonawinta facility in New South Wales, while MGX Resources is investing $412 million to advance its Central Tanami gold project in the Northern Territory.

  10. [BUSINESS] 4 sources
    Westgold Resources and Westhaven Gold report significant mineral resource updates

    Westgold Resources reports a 41% increase in gold reserves, while Westhaven Gold confirms high-grade mineralization at its Shovelnose property in British Columbia.

  11. [BUSINESS] 2 sources
    Mining companies report significant mineral resource updates

    Mining companies report major resource milestones: American Tungsten defines MREs for its US IMA Mine Project, while Empire Metals identifies the Pitfield Project in Australia as the world's largest titanium-er

  12. [BUSINESS] 6 sources
    Global mining sector reports significant mineral discoveries and production progress

    Mining companies report major updates: Viking Mines finds tungsten in Nevada, Manhattan Gold hits high-grade gold in Canada, Lindian Resources nears Malawi production, and Augustus Minerals drills in Australia.

  13. [BUSINESS] 2 sources
    Mining companies advance copper exploration and development in US and Canada

    Resolution Copper has awarded US$110 million in contracts for Arizona underground works, while Azarga Metals begins a diamond drilling program at its Marg Project in Canada's Yukon Territory.

  14. [BUSINESS] 18 sources
    Global mining firms report new drilling and production updates

    Mining companies worldwide report significant progress, including White Gold's C$1.9 billion project assessment, Amaroq's new drilling in Greenland, and McEwen Copper's advancement in Argentina.

Sources

aheadoftheherd.com · alistair.substack.com · backlinksseo.in · brisbanetimes.com.au · businessday.com.au · caesarsreport.com · citizen-nantes.com · construnoticias.com · deutscherpresseindex.de · europesays.com · freundin.de · ibtimes.com.au · industriaminera.cl · kmsnews.org · mining.com · mining.com.au · mittelstandcafe.de · mommygearest.com · mqworld.com · newmediawire.com · newsdirect.com · noticiasdemalaga.es · observer.com.na · outsourcemagazine.co.uk · pavpanchekha.com · presse-control.de · presseradar.de · pressreach.com · radiocity.sk · reporterbox.de · resourceworld.com · seekingalpha.com · share-talk.com · smallcaps.com.au · smh.com.au · stichtingverslaving.nl · stocknews.com · stocktitan.net · theage.com.au · thedeepdive.ca · webdisclosure.com

This summary has been updated 12 times: see revision history