Mining Stocks - Latest News

Beacon Minerals is a small gold producer in Australia. They have one project (Jaurdi) on 30,000 acres. It is a small resource (350,000 oz) and an open pit (1.2 gpt). They are profitable, producing 30,000 oz annually with all-in costs are around $1350 per...  more

Hannan Metals is a project generator with several large properties in Peru. They have a 25% JV with a Japan corp that is drilling for copper/silver/gold on their San Martin (70,000 acres). Plus, they are planning to do initial drilling their Provisto (100  more

Tietto Minerals is advancing a large gold project (Abujar) in West Africa (Cote D'Ivoire). It's a 3.5 million oz (1.2 gpt) open pit project, with a higher grade starter pit. It's under construction, with production targeted for Q4 2022. It has a $230...  more

Lundin Gold obtained the Fruta Del Norte from Kinross for $240 million. Fruta is a huge high-grade underground mine (9 million oz at 8 gpt). Kinross paid $1.2 billion for it from Aurelian Resources. Kinross did a pre-feasibility study to produce 400,000...  more

Goldquest Mining has an advanced gold project in the Dominican Republic. The Romero project is 2 million oz at 2.5 gpt with a 28% after-tax IRR at $1300 gold. The capex is $158 million (2016 estimate). Cash costs are projected to be around $500 per oz (20  more

Newmont Corp is a solid major, although growth will be flat at around 6.5 million oz for the next five years (6.2 in 2022). They have about 195 million oz of gold resources and a large pipeline (15 projects in development). Their problem is that they are...  more

Western Copper and Gold has a huge copper/gold project in Canada (Yukon) called Casino. I think it is too big for them to build on their own with a capex of $2.5 billion. The feasibility was completed back in 2013, with an update due in 2022. They are...  more

Prime Mining is a new company. They acquired the Los Reyes project from Vista Gold for $6 million. It is a high-grade oxide open-pit gold project in Mexico. It has about 1 million oz of gold equivalent (including silver). It has three drill areas:...  more

Cantex Mine Development is a project explorer focused in Canada and Nevada. They have two early exploration properties (North Rackla and Mt Good) in the Yukon. Both are discoveries, although not large enough to be mines yet. In North Rackla they hit some...  more

St. James Gold is a new project generator focused in Canada. They have three projects, although they are focusing on Florin (22,000 acres) in the Yukon. It is a 2.5 million oz (.45 gpt) inferred deposit that is likely to double in size, the main problem...  more