Gold mining news

The drilling has extended and confirmed the deeper zone of continuous mineralisation hosting significant gold, copper and zinc with intercept thickness of over 50 m.

Of the 22 samples collected, all returned elevated gold and 15 returned assays greater than 1 g/t gold including five samples over 100 g/t with a peak value of 186.6 g/t.

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.