Between 1890-1954, the Kenville mine produced approximately 66,000 oz. of gold.

Prefeasibility study on the project in southwest Ecuador substantially improves the economic metrics and positions it as a prime development candidate.

Thieves broke into the gold room at Patagonia's Cap-Oeste project in the province of Santa Cruz in the early hours of April 17.

The latest results yield a weighted average grade of 1.57 grams gold per tonne over an average width of 44.2 metres.

Historically, gold has been viewed as a hedge against inflation, and given the high-price environment now, a rally would make perfect sense.

The revised transaction will result in St Barbara shareholders owning up to 19.5% of Genesis.

The trend for gold is still up, says Kitco Metals analyst.