Gold mining news

Fulcrum Metals plc has provided an update on its exploration activities at its Schreiber-Hemlo project in Ontario, Canada.

The Séguéla Mine is expected to produce between 60 000 to 75 000 oz of gold in 2023 at an all-in sustaining cost of between US$880 and $1080 per oz.

Maple Gold Mines has provided an update regarding property-wide VMS targeting and plans for a summer field programme at the Douay and Joutel Gold Projects.

Saudi Arabia’s Ma’aden has finalised its agreement with Ivanhoe Electric to form a joint venture to undertake one of the largest exploration programmes ever conducted.

Newmont Corp. has announced that, following completion of due diligence, it has entered into a binding Scheme Implementation Deed under which it will acquire Newcrest.

At Especularita, successful sampling work at the Teresita and Victoria prospects highlights the prospectivity of the area with high-grade copper identified in outcrops and artisanal mine dumps.

The survey has identified strong geophysical anomalies which are coincident with the high-grade Ziatoyah gold discovery and gold in soil anomalies.

The order value of €17 million has been booked in the Minerals’ segment 1Q orders.

The acquisition will expand Fortuna’s presence in West Africa to include the preliminary economic assessment stage Diamba Sud Gold Project in Senegal.

Maple Gold Mines has announced the completion of the first phase of deep drilling its Douay and Joutel Gold Projects, which are held in a 50/50 joint venture with Agnico Eagle Mines.