GOLD
Horizon secures funding for Boorara gold mine in Western Australia
Horizon Minerals has secured debt and equity funding of A$6m ($3.6m) for its Boorara gold project in Kalgoorlie, Western Australia. The package includes an A$4m ($2.4m) loan facility from a German investment company Sparta and an A$2m ($1.2m) equity...
GOLD
Terreno Resources Announces Proposed 2020 Exploration Program for the Las Cucharas Gold & Silver Project in Mexico
Terreno Resources Corp. George A. Brown, President & CEO, is pleased to announce the proposed plans for 2020 fieldwork at the Las Cucharas Gold and Silver Project in Nayarit, Mexico, which are subject to financing.
Las Cucharas represents a historic...
GOLD
Newmont’s Boddington to become world’s first autonomous gold mine
Newmont’s Australian Boddington operation will be the world’s first open pit gold mine with an autonomous haul truck fleet when its Autonomous Haulage System (AHS) is fully online in 2021.
“Not only does Boddington continue to deliver strong performance, our...
GOLD
Lode-Star Mining Signs First Toll Milling Contract With Scorpio Golds Goldwedge Mill in Manhattan Nevada
Lode-Star Mining Inc. is pleased to announce the signing of a Toll Milling Agreement between Scorpio Gold Corporation's company affiliate, Goldwedge LLC. The Agreement will allow for the processing of ore delivered from Lode-Star's Goldfield Bonanza Project to Scorpio...
GOLD
GoldON Provides Exploration update on West Madsen Gold Property in Ontario’s Red Lake Camp
GoldON Resources Ltd is pleased to provide an exploration update on the West Madsen gold property that it has the right to earn up to a 100% interest in through an option agreement with Great Bear Resources.
The Property is...
Europe
Newmont Completes Sale of Interests in KCGM and Updates 2020 Guidance and Long-term Outlook
Newmont announced it successfully completed the sale of its 50 percent stake in Kalgoorlie Consolidated Gold Mines to Northern Star Resources Limited receiving cash proceeds of $800 million.
“Newmont is pleased to complete the sale of KCGM to Northern Star...
GOLD
Newmont Goldcorp agrees to sell Red Lake in deal worth up to $475mn
The deal is expected to be finalised in the first quarter of 2020 when Newmont will receive $375mn in cash and contingent payments of up to an additional $100mn tied to new resource discoveries.
“This transaction both strengthens our balance...
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