Miner said on Thursday its gold production rose nearly 3% sequentially for the third quarter.

The Volcanic team discovered significant concentrations of bonanza-grade and visible gold within a 250 x 570-metre zone, at the prospect, notably in quartz veins.

Both the companies expect the deal to close in early November, Newmont said.

Proceeds will be used to fund Goliath's exploration efforts at the Golddigger and Lucky Strike properties.

The carrier failed to ensure the shipment marked “valuable cargo” had adequate security and protection, Brink’s alleges.

Strong purchases during the October-December festival period, considered an auspicious time to own and wear gold, may underpin the global market.

New Found is part of a central Newfoundland gold exploration surge.

The BC government notes that Cariboo was the first project to be approved under the new Environmental Assessment Act, which was updated in 2018.