First Mining grows Quebec land position with acquisition of Iamgold claims

The region has good infrastructure, an established regulatory and permitting regime and prospective geological terrain.

Gold’s recent rally shows that the market doesn’t expect the Fed to do much more to tackle inflation right now.

CEO says the estimates demonstrate that Fenelon continues to grow from a small, high-grade deposit into a potential multi-million ounce deposit.

The company produced 606,000 ounces of gold in the quarter at an average AISC of $1,016 per ounce.

All in all, the outlook for the precious metals market is not bullish, even though the last several days/weeks might make one feel otherwise.

Building pathways to decarbonization is essential for the future of mining.

A recent feasibility study details a further two years at the producing oxide phase and a 10.5-year expansion.

Sawiris changed the structure of his gold mining company La Mancha this summer to bring other investors into the $1.4 billion fund.

Gold is now on course for a fifth straight day of gains.