Gold mining news

Fosterville South has announced assays from multiple wide intercepts of high-grade gold near surface from initial shallow scout drilling at the recently commenced Golden Mountain drilling programme.

Monarch Gold Corp. has announced the appointment of Yohann Bouchard as a director of the corporation as a representative for Yamana Gold.

IAMGOLD Corp. has recently announced the initial assay results from its 2020 exploration diamond drilling programme completed at its Nelligan joint venture project, Canada.

IAMGOLD Corp. has advised that seven personnel at its Rosebel Gold Mine operation in Suriname have been diagnosed with COVID-19.

Monarch Gold Corp. has recently announced the closing of a CAN$5 419 800 private placement with Yamana Gold Inc., Alamos Gold Inc. and other investors.

Ariana Resources plc has recently announced a Joint Ore Reserves Committee Resource update for the Tavsan Project in Turkey.

Steven Chopade and Shaheen Mulani, QY Research, India, give an overview of the mining industry in South America.

Outotec has been awarded a contract by Gold Fields for the delivery of process equipment to their Salares Norte greenfield gold project in Northern Chile.

Monarch Gold Corp. has announced the closing of the sale for the Fayolle property to IAMGOLD Corp. for a total consideration of CAN$11.5 million.

Mexus Gold US has recently announced that a second round of blasting has occurred on the Julio shear zone located at its Santa Elena mine.