Gold mining news

According to new World Gold Council data, in November, gold-backed ETFs and similar products (gold ETFs) recorded their first net outflows in 12 months and second largest monthly outflows ever.

Golden Birch Resources Inc. has announced that preparations for the initial drill programme at the flagship Omu copper-gold prospect are nearing completion.

Condor Gold has announced that it has commenced a 4000 m close-spaced infill diamond drilling programme within the permitted opencast at La India Project, Nicaragua.

Ariana Resources plc has announced additional resources estimated in accordance with the JORC 2012 Code for the Magellan Project, which is 100% owned by Venus Minerals Ltd.

Ariana Resources plc has announced the completion of conditional agreements on its joint venture with Özaltin Holding A.S., via its subsidiary, Özaltin Insaat, Ticaret and Sanayi A.S. and with Proccea Construction Co.

OceanaGold Corp. has announced the receipt of permits for the Golden Point Underground Mine, Deepdell North Stage III opencast extension, and the Frasers West expansion.

A major gold mining company in the Republic of Kazakhstan is operating a CAT D10T dozer on RCT’s technology to improve safety and productivity on site.

Cobra Resources has announced significant high-grade gold intercepts at the Clarke deposit, part of the Wudinna Gold Project in Australia.

IronRidge Resources Ltd has reported initial drilling results from the third phase drilling programme at the Ehuasso and Ebilassokro and targets, both within the Zaranou Gold Project area.

Rockfire Resources plc has provided an update on field and related exploration activity for its portfolio of 100%-owned exploration projects in North Queensland, Australia.