Gold mining news

Gold production in West Africa’s leading markets is expected to increase by 2.7% in 2021 to 8 million ounces and grow to 8.4 million oz by 2024, according to GlobalData.

Copper Mountain Mining Corp. has announced strong 4Q20 and full year 2020 financial and operating results.

Northern Vertex Mining Corp. has acquired Eclipse Gold Mining Corp., creating a well-funded gold producer and consolidator, operating entirely in the Western US.

Barrick Gold Corp. has announced it has reached an agreement to sell its 100% interest in the Lagunas Norte mine in Peru to Boroo Pte Ltd (Singapore) for a total consideration of up to US$81 million.

Altus Strategies Plc has announced that reverse circulation drilling has extended the strike length of the FT Prospect to beyond 3 km at the Tabakorole gold project located in southern Mali.

Ariana Resources plc has announced the results of the latest geochemical sampling and geological interpretation of the Arzu North area at its joint venture Kiziltepe Gold-Silver Mine.

Ariana Resources plc has announced the completion of its transformational joint venture with Özaltin Holding A.S. and Proccea Construction Co., following the satisfaction of all conditions precedent.

OceanaGold Corp. has provided an update on Martha Underground at Waihi, New Zealand, including project development progress and updates to mineral resources.

The latest ‘Earth Resources Regulation Statistical Report’ confirms the growing contribution by Victoria’s mining and exploration sectors to jobs and support for more economically diverse regions.

Charles Gibson, Director at Edison Group, has released the following comments on Pan African Resource’s half year results.