Mining industry
Researchers at the Commonwealth Scientific and Industrial Research Organisation (CSIRO) in Australia have discovered that a common soil fungus can metabolize gold. The fungus, Fusarium oxysporum, typically decomposes organic matter, but in this study, it was found to dissolve gold particles in its environment and precipitate them onto its mycelial
Mining industry
Recent high-resolution Sub-Audio Magnetics (SAM) geophysical survey results have provided valuable insights for Kalgoorlie Gold Mining Limited at its Pinjin Gold Project. The survey has resulted in the identification of extensive elevated conductivity zones that correlate with known gold distributions, guiding the company's upcoming RC drill program. The
Mining industry
Reko Diq Mining Company is on the cusp of finalizing financing for its copper and gold project in Balochistan, with commitments totaling around $6 billion, nearly double the amount needed for phase one. The financing package includes at least $500 million in support from the United States, with multilateral institutions
Mining industry
The Reko Diq mining company is closing in on finalizing a substantial financing package for its copper and gold project in Balochistan, Pakistan, with commitments totaling around $6 billion. This sum is nearly double the amount required for phase one, marking a significant milestone for the project. The financing package
Mining industry
Perseus Mining Limited has announced substantial updates to its Mineral Resources and Ore Reserves, citing an increase in gold production as a result of strategic portfolio optimization. The company's focus on expanding its resource base and mining operations has led to significant gains, with Measured and Indicated Mineral
Mining industry
Titan Minerals Ltd (ASX:TTM, OTC:TTTNF) has expanded its mineralisation footprint at the Dynasty Gold Project in southern Ecuador, with significant new intercepts in gold and silver. Trenching and channel sampling at the Kaliman porphyry system and the Brecha-Comanche prospect have revealed wide, high-grade mineralisation, extending the known zones
Gold mining
TG Metals Limited has made significant progress at the Van Uden Gold Project, identifying near-term cash flow opportunities through processing at third-party facilities. The Company has received final drilling assay results from historical stockpiles, which have estimated 60,232 tonnes at 0.84g/t Au. A high-grade surface laterite mineralisation
Mining industry
Questcorp Mining Inc. has announced the completion of 25% of its planned drilling program at its La Union Project in northwest Sonora, Mexico. The project is led by property vendor and operator Riverside Resources Inc., with Questcorp holding an option to acquire a 100% interest in the property. The drill
Mining industry
AJN Resources Inc. has mobilized field crews to start exploration work on the Okote Gold Project, located near the Lega Dembi Gold Mine in Ethiopia. The project area covers an extensive artisanal workings identified over 3km of strike, with a potential mineralized corridor transgressing the tenement from south to north.
Gold
G Mining Ventures Corp. (TSX: GMIN, OTCQX: GMINF) has released its financial and operational results for the three and six months ended June 30, 2025, showcasing a remarkable quarter for the company. The highlights include a significant increase in gold production, record free cash flow generation, and strong profitability. The
Mining industry
The El Dorado project, a 730-hectare site owned by Freehill Mining, has yielded significant copper and gold results, further solidifying the potential of the area. Located adjacent to the Yerbas Buenas magnetite mine and aggregates operation, the El Dorado project has shown IOCG style magnetite-copper-gold mineralisation. The latest exploration phase,
Mining industry
C3 Metals Inc. has initiated a diamond drilling program at its Bellas Gate copper-gold project in Jamaica, aiming to test multiple prospects along an 18-kilometer strike length. This comprehensive program will involve drilling nine holes over 2,750 meters, conducted in conjunction with an extensive geophysical survey. The project, spanning
