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X @Bloomberg
Bloomberg· 2025-11-25 10:08
Barrick agrees to a $430 million settlement with Mali, as part of a deal to end a two-year dispute https://t.co/JBtFl43lam ...
Sitka Drills 172.4 Metres of 0.90 g/t Gold, Including 33.4 Metres of 2.40 g/t Gold, at Blackjack and 44.4 Metres of 1.33 g/t Gold from Surface at Saddle at Its RC Gold Project, Yukon
Newsfile· 2025-11-25 09:30
Core Insights - Sitka Gold Corp. announced significant drilling results from its RC Gold Project in Yukon, highlighting the expansion of gold mineralization at the Blackjack and Saddle zones, as well as the discovery of a new mineralized area at Blackjack South [2][3][4] Drilling Results - At the Blackjack Deposit, drill hole DDRCCC-25-099 intersected 310.0 meters of 0.61 g/t gold, including 172.4 meters of 0.90 g/t gold and 33.4 meters of 2.40 g/t gold, extending known mineralization further southwest [3][5] - Drill hole DDRCCC-25-102 returned 191.8 meters of 0.65 g/t gold, including 24.3 meters of 2.33 g/t gold, indicating strong mineralization outside the current Mineral Resource Estimate (MRE) margin [5][6] - At the Saddle Zone, drill hole DDRCCC-25-104 intersected 44.4 meters of 1.33 g/t gold from surface, extending near-surface mineralization further west [4][5] - New mineralization was identified at Blackjack South, with drill hole DDRCCC-25-110 intersecting 44.5 meters of 0.70 g/t gold, including 8.8 meters of 1.18 g/t gold [4][5] Mineral Resource Potential - The drilling results reinforce the potential for significant gold ounces to be added within the conceptual pit shell of the Blackjack gold deposit, with ongoing drilling expected to further define and expand the resource [6][19] - The RC Gold Project now has pit-constrained mineral resources totaling 1,291,000 ounces of gold in the indicated category and 1,044,000 ounces in the inferred category at Blackjack, along with 440,000 ounces in the inferred category at Eiger [36][41] Project Overview - The RC Gold Project covers a 431 square kilometer area in Yukon's Tombstone Gold Belt, strategically located between the Eagle Gold Mine and the Brewery Creek Gold Mine [35][41] - The project is accessible year-round via a secondary gravel road, facilitating ongoing exploration and development efforts [35][41]
Caledonia Mining Corporation Plc: Publication and Highlights of the Feasibility Study for Bilboes Gold Project
Globenewswire· 2025-11-25 07:00
ST HELIER, Jersey, Nov. 25, 2025 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc (“Caledonia” or the “Company”) (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) is pleased to announce the decision to proceed with the Bilboes Gold Project (“Bilboes” or the “Project”) following completion and publication of the feasibility study (the “Feasibility Study”)1. Highlights Single-phase development confirmed as the most economic development approach.Mineral reserves: Summary of proven and probable: 1.749 Moz of gol ...
Tunkillia Upgrade Drilling - 18,900m Phase 1 Complete
Accessnewswire· 2025-11-25 03:35
Core Insights - Barton Gold Holdings Limited has successfully completed upgrade drilling for the S1 and S2 pits at the Tunkillia Gold Project ahead of schedule and under budget [1] - The S1 'Starter Pit' is projected to yield 206,000 ounces of gold at a cost of A$997 per ounce, generating over A$800 million in operating cash during the first year of operations [1] Drilling Performance - A total of 18,893 meters were drilled across 209 holes in 62 days, achieving over 300 meters drilled per day [1] - The drilling was completed ahead of the planned timeline and under the allocated budget [1] Financial Projections - The S1 pit is expected to produce significant cash flow, with the potential to repay development costs two times over in the first year [1]
Lundin Gold: A High-Grade Growth Story The Market Hasn't Fully Priced In
Seeking Alpha· 2025-11-24 22:41
Core Insights - Lundin Gold is recognized for its high-quality operations, characterized by expansive margins and strong cash generation, alongside significant geological potential [1] Company Analysis - The company operates in a complex and dynamic market, particularly in Latin America, which allows for in-depth analysis of local assets while considering broader regional and global trends [1] - The investment approach focuses on deep value and long-term perspectives, emphasizing underfollowed names and structural stories within leading companies [1]
VIDEO - Market One Minute: Pasofino Gold Advances Liberia's Largest Undeveloped Gold Project Amid Record Prices
Newsfile· 2025-11-24 20:52
Vancouver, British Columbia--(Newsfile Corp. - November 24, 2025) - Pasofino Gold Limited (TSXV: VEIN) (OTCQB: EFRGF) (FSE: N07A) - Brett Richards, CEO and Executive Director of Pasofino Gold Limited, discusses the company's 100%-owned Dugbe Gold Project in Liberia, where an updated feasibility study and recent C$12 million financing are driving renewed momentum. With 3.9 million ounces of gold and strong local support, Richards outlines why Liberia remains one of Africa's most stable jurisdictions amid a ...
Majestic Gold Resumes Operations at the SJG Underground Mine
Thenewswire· 2025-11-24 18:30
Core Points - Majestic Gold Corp. has resumed operations at its Songjiagou Underground Mine following the successful renewal of its safety production permit [1][3] - Operations at the SJG Underground Mine were temporarily suspended on September 1, 2025, due to the expiration of the safety production permit [2] - The renewal of the safety production permit was received by the company's subsidiary, Yantai Zhongjia Mining Co., Ltd., on November 20, 2025 [3] Company Overview - Majestic Gold Corp. is a low-cost junior gold producer based in British Columbia, engaged in commercial gold production in eastern Shandong Province, China [4] - The company operates its flagship project, the Songjiagou Gold Mines, along with the Mujin Gold Project [4]
Barrick shares surge as it resolves dispute with Mali
MINING.COM· 2025-11-24 17:25
Loulo-Gounkoto gold mining complex. Credit: Barrick Barrick Mining (NYSE: B; TSX: ABX) says it has reached an agreement with Mali’s government to end their dispute, removing uncertainty surrounding the operation of its Loulo-Gounkoto complex in the African nation. Its stock surged.In a press release Monday, the Toronto-based gold miner confirmed that the Malian state has dropped all charges against the company and its affiliates and return operational control of Loulo-Gounkoto to Barrick. The government wil ...
As AI Stocks Like Nvidia Get Tarnished, This Gem Looks To Shine
Investors· 2025-11-24 17:08
Group 1 - The recent sell-off in the tech-heavy Nasdaq composite has negatively impacted artificial intelligence companies like Nvidia and Palantir Technologies, pushing their stock prices below key moving averages [1] - Gold stocks, particularly Kinross Gold, have shown relative resilience during this downturn, maintaining a position on the Investor's Business Daily Leaderboard as shares bounce back [1] Group 2 - Nvidia's stock has seen fluctuations as discussions arise regarding potential U.S. government approvals for chip sales to China, indicating a possible shift in market sentiment [2] - The performance of AI stocks is under scrutiny, with companies like Google experiencing gains while others like Oracle and Meta face declines, highlighting a divergence in the sector [4] - Insider selling at Palantir Technologies has raised concerns about its stock outlook, contributing to a bearish sentiment around the company [4]
X @Bloomberg
Bloomberg· 2025-11-24 16:01
Barrick Mining said it signed an agreement to end all its disputes with Mali’s government regarding its Loulo and Gounkoto gold mines https://t.co/Kbn5HL6Wuf ...