Newmont profit beats estimates on higher bullion boost The Denver, Colorado-based gold producer benefited from slightly higher prices of the precious metal. Reuters | July 22, 2021 | 5:00 am
Eldorado Gold grabs stake in Probe Metals for $18.9m Company has acquired 15 million common shares at C$1.575 each in Probe, a Quebec-focused gold junior. Cecilia Jamasmie | July 22, 2021 | 3:48 am
Northern Star to sell Kundana gold ops to Evolution for $294m Evolution said the acquisition raises its three-year gold production outlook. Reuters | July 21, 2021 | 5:08 pm
Newcrest says annual gold output at flagship mine beat forecast Total production fell to 542,332 ounces in the June quarter from 573,175 ounces a year ago. Reuters | July 21, 2021 | 4:15 pm
Osisko receives permit for bulk sampling at Cariboo The company intends to take a 10,000-tonne sample from the Cow Mountain deposit. Canadian Mining Journal Staff | July 21, 2021 | 1:25 pm
British Columbia government loses round two in tax fight with Teck over Galore Creek BC Court of Appeal dismisses appeal from province over exploration tax claim for Galore Creek. Nelson Bennett - Business in Vancouver | July 21, 2021 | 12:16 pm
US bankruptcy court holds Kyrgyz gov’t in contempt over Kumtor seizure The Kyrgyz government’s ongoing legal actions against Kumtor Gold Company violates Chapter 11 protection. Henry Lazenby | July 21, 2021 | 12:08 pm
Rio2 to raise up to $135m for Fenix gold mine construction The mine financing package would allow the company to maintain its current schedule for first gold production in Q4 2022. MINING.COM Staff Writer | July 21, 2021 | 10:29 am
Rio Tinto, Bougainville community reach agreement to assess Panguna legacy impacts The Panguna mine was operated by BCL, majority-owned by Rio Tinto, for 17 years from 1972 until 1989, when operations were suspended due to an uprising against the mine and subsequent civil war. MINING.com Editor | July 20, 2021 | 4:44 pm