Probe’s assays hike resource outlook at Novador gold project in Quebec

With Camino Rojo ramping up production and beginning to generate cash flow, Orla will gradually increase exploration expenditures.

The miner said it is proceeding with the Disposition for investment portfolio management purposes.

Elevated inflation prints “and geopolitical uncertainty should drive gold modestly higher,” analysts at Morgan Stanley said.

Newmont will invest $2.5 million to kickstart the exploration alliance’s activity in the Tethyan Belt.

Pressure has grown from governments and non-governmental organisations for more to be done to bring artisanal miners into the market.

The company calls reaching the Area 51 zone a ‘significant milestone’ in that it allows tightly spaced underground drilling, geologic mapping and grade control sampling to proceed for the first time.

The project’s updated resource estimate totals 32.4 million tonnes grading 1.08 grams gold per tonne for contained gold of 1.1 million oz.

Ivory Coast, the world's top cocoa producer, is seeking to develop its long-neglected mining sector to diversify its revenue.

Barrick was reportedly interested in investing in Zambian copper mines previously operated by Glencore and Vedanta.