GJ Town India

  B2Gold Q3 revenue increased significantly by 57% B2Gold announces its gold production and gold revenue for the third quarter and first nine months of 2020.  2020 Third quarter highlights, consolidated gold production of 248,733 ounces from the Company's three operating mines, above budget by 1% (2,929 ounces) and a significant increase of 17% (35,455 ounces) over the third quarter of 2019 (excluding discontinued operations of El Limon and La Libertad).   Total gold production of 263,813 ounces, record quarterly consolidated gold revenue of $487 million, a significant increase of $176 million (57%) over the third quarter of 2019, the Fekola Mine continues to operate unimpeded and no operational days have been lost due to the recent political developments and demonstrations in Mali. B2Gold maintains a strong financial position and liquidity; the Company is now debt-free after fully repaying the outstanding Revolving Credit Facility balance of $425 million during the third quart

Quartz Vein Discovery at Tapare!   Altus Strategies provides an exploration update on the Company’s Laboum gold project in northern Cameroon & said, 1: 5,000m of trenching underway at Laboum gold project in Cameroon, 2: Four gold prospects defined by exploration surveys and artisanal gold workings & 3: Results from trenching to guide maiden drilling programme!   Steven Poulton, Chief Executive of Altus, commented, “Laboum is an exciting gold system that has never been drilled tested. The Project comprises a 17km long gold-bearing shear zone within Birimian age metavolcanic and Meta sedimentary formations that hosts a number of hard-rock and alluvial artisanal gold workings. Exploration by Altus to date has included high density stream, soil and geophysical surveys. This work has defined four priority gold prospects, of between 1.6km and 7.0km in length.  Altus has recently discovered a quartz vein array at the Tapare prospect, which has returned a highest grade of 36.20 g/t A

  Bulk Program at Goldwedge Mine, Nevada   Scorpio Gold Corporation announces the commencement of an underground bulk sampling program and preliminary metallurgical testing at its 100% owned Goldwedge Mine located in Manhattan Nevada. The program is intended to provide additional information where 2020 drilling intersected high-grade gold and silver mineralization proximal to underground workings.   Scorpio Gold contracted Nevada Rand Mining LLC to conduct the underground program which began on October 7, 2020. The sampling will focus on an area where 2020 underground drill hole GWUG20-001 intersected 7.6 m averaging 12.47 g/t gold and 176.23 g/t silver, that included 1.52 m grading 53.49 g/t gold and 0.15 m grading 3,960 g/t silver.   Diane Zerga, General Manager for Mineral Ridge LLC & Goldwedge LLC, comments, “We are pleased to work with NRM to advance our understanding of the mineralization at the Goldwedge Mine, which in turn will assist in future drill planning, potential

  Gwalia gold production maintained between 175K to 190K ounces!   St Barbara provides the production update for the September 2020 quarter, Q1 FY21. Consolidated production for the quarter was 72,990 ounces against the Q4 FY20 of 108,612 ounces.   Atlantic Gold produced 27,226 ounces of gold at an average milled grade of 1.29 g/t Au, consistent with expectations for the quarter. The recent Hurricane Teddy did not adversely impact site or production for the quarter. Simberi produced 23,139 ounces of gold in the quarter, at an average milled grade of 1.30 g/t Au. During the quarter, there was some unscheduled maintenance (now completed) to the semi-autonomous grinding (SAG) mill, scrubber and aerial rope conveyor.   As advised on 18 September 2020, a fall of ground at approximately 1,600 metres below surface in the Hoover Decline temporarily interrupted production at the Gwalia mine in Leonora. Rectification work included over 30 metres of lateral rehabilitation in the decline.   Th

  The drill could change the economics of Granada Mine!   Rouyn Noranda, Quebec, Granada Gold Mine provides an update on its on-going drill program at Granada. The Company completed the 6000-meter drill program and has begun another 6000-meter drill program with 2 drills on site. All drill holes intercepted mineralization which will be used in the updated resource calculation. Lengths are core length and are close to true widths, no capping applied. Au is Gold by Fire assay, or by gravimetric finish or screen metallic method. Frank J. Basa, P Eng, “The drill hole data under the pit-constrained resource could potentially change the economics of developing the Granada Mine Property.  Previously explored as a low-grade, open pit deposit, the company now envisions an open pit with a ramp from the bottom of the pit into the higher-grade mineralization below, significantly adding more ounces to the current resource.”   Holes GR-20-16 and GR-20-17 were then drilled on the same set-up as GR-

  The maiden drilling program   Gibb River Diamonds announces that the maiden drilling program at the high grade Edjudina Gold Project (GIB with Option to Purchase 100%) will commence in the first week of September. A contract with Top Drive Drillers Australia has been signed to provide drilling services to the Company. A Program of Works authorisation has been received from the WA Mines Department which permits the Company to undertake this drilling work and a number of subsequent drill programs. The maiden aircore drilling program will consist of a minimum of 2,000 metres of aircore drilling. It will aim to test a number of targets which have been generated by the Company using historic geological data, these include, 1: Areas of previous mining activity which include historical shafts and workings as evidenced in GIB’s field program. 2: Areas covered by alluvium or windblown sand along strike from previous workings which have not been explored or tested, 3: Areas with evidence of

TomaGold announces the sale Interest to Goliath Resources! TomaGold Corporation announces the signing of an option agreement for the sale of up to an 80% interest in the Lac Doda Property to Goliath Resources Limited. The Lac Doda Property consists of 80 mining claims covering 4,478 hectares and is located approximately 20 km southwest of the Monster Lake property in the Chibougamau mining camp in Quebec. The following is a summary of the terms for the acquisition by Goliath of a 65% undivided interest, 1: Upon receipt of the approval of the TSX Venture Exchange or at the latest on July 31, 2020, Goliath will issue 625,000 common shares and 625,000 warrants, each warrant entitling the holder to acquire one common share of Goliath at a price of $0.24 over a 36-month period. 2: On or before August 31, 2020, Goliath will pay TomaGold an amount of $25,000. 3: On or before August 31, 2021, Goliath will pay an additional amount of $25,000 to TomaGold. In order to acqu

Marigold Mine Increased 2020 Exploration Budget! SSR Mining Inc announces that our Marigold mine achieved another major milestone with the production of its four millionth ounce of gold on June 30, 2020. The Marigold mine has been in continuous operation for more than 30 years and produced a record 220,227 ounces of gold in 2019. Paul Benson, President and CEO said, “Four million ounces of gold from continuous production is a testament to the scale and quality of the Marigold deposits and the commitment of the Marigold team. Since the mine began operating in 1989, it has consistently replaced Mineral Reserves and Mineral Resources and today it has a longer mine life than when it opened. We are advancing several exploration targets across our Marigold, Valmy, and Trenton Canyon land packages which have the potential to increase Mineral Resources. With the recent promising sulphide ore intercepts at Trenton Canyon, the Marigold mine continues to demonstrate its explo

Focuses Makedontsi Gold Project, SE Bulgaria Velocity Minerals Ltd entered into an option agreement with Bulgarian partner, Gorubso Kardzhali A.D, to acquire a 70% interest in the 194-hectare Nadezhda property, which includes the Makedontsi gold project; a geological resource registered on the Bulgarian State balance.   Under the terms of the option agreement, Velocity can earn a 70% interest by delivering a mineral resource estimate prepared under National Instrument. The Makedontsi deposit is located in southeast (SE) Bulgaria. The deposit is open for expansion and requires systematic exploration to investigate its full potential and to deliver a mineral resource. The resource which is registered with the Ministry of Energy in Bulgaria is based on historical exploration, including approximately 250 drill holes (11,500m) and 5,000m of trenching completed by Gorubso. A Bulgarian explorer completed additional detailed mapping and drilled a single drill hole in 2001

Gold production down by 16.1%, Sales decreased by 13.9% Dynacor Gold Mines Inc, a Corporation with a similar volume processed (20,814 tonnes in Q1-2019 vs. 21,035 tonnes in Q1-2018) our production is down by 16.1% compared to Q1-2018 (16,000 ounces in Q1-2019 vs. 19,072 ounces in Q1-2018). This decrease is mainly explained by a 13.1% decrease in the average grade of the available ore purchased and processed. At Operational front, volume of ore processed of 20,814 tonnes of ore DMT compared to 21,035 DMT in Q1-2018. Gold production of 16,000 ounces, a decrease of 16.1% compared to Q1-2018 due to the reduced grades. Yet, Dynacor Gold booked for 32nd consecutive quarter of profits. Sales of $22.9 M in Q1-2019, a decrease of 13.9% compared to Q1-2018 and Gross operating margin of $2.8 M (12.2%) in Q1-2019, a decrease of 22.2% compared to Q1-2018. Over all Net income of $1.2 M ($0.03 per share) in Q1-2019, a decrease of 25.0% compared to Q1-2018. Jean Martineau Presid

St Barbara realised gold price of A$1,810 per oz for Q3 FY19 St Barbara attained consolidated gold production for the quarter ended 31 March 2019 (Q3 FY19) was 88,358 ounces remained lower to the previous, Q2 FY19 of 89,244 ounces. Consolidated All-In Sustaining Cost (AISC) for Q3 March FY19 was A$1,098 per ounce to Q2 FY19: A$1,108 per ounce). The average realised gold price for Q3 FY19 was A$1,810 per ounce is higher over Q2 FY19 of A$1,722 per ounce). Gwalia, situated at Western Australia, gold production for Q3 FY19 was 54,261 ounces surpassed Q2 FY19 of 53,257 ounces at AISC of A$1,016 per ounce & Q2 FY19 had earned A$1,081 per ounce. Mined grade for Q3 FY19 was 11.7 g/t Au remained good over Q2 Dec FY19: 10.4 g/t Au, with 150 kt ore milled while Q2 FY19 had milled 172 kt. Simberi (PNG) gold production for Q3 FY19 was 34,097 ounces fall short to Q2 FY19: 35,987 ounces at AISC of A$1,229 per ounce soars over Q2 FY19 of A$1,146 per ounce. Guidance for FY19

SSR Mining increased Production at lower costs! SSR Mining Inc reports consolidated financial results for the first quarter ended March 31, 2019. & that says increased production at lower costs. SSR Mining has achieved quarterly consolidated production of near-record 112,513 gold equivalent ounces at cash costs of $712 per payable ounce of gold sold. Paul Benson, President and CEO said, "Pleasingly, we had a strong first quarter with near-record consolidated production of over 112,000 gold equivalent ounces at lower cash costs, driven by solid performance at all three operations. Seabee achieved record production at near-record low cash costs, while Puna production and costs benefited from a full quarter of processing higher grade Chinchillas ore and increasing by-product credits. As a result, we delivered another quarter of solid financial performance and are well positioned to achieve record production for 2019." First Quarter 2019 remained of solid

1Q Gold Production was 752K oz! Started a process to review divestment! AngloGold Ashanti said costs improved in the first quarter and all aspects of full-year guidance remained on track, as the Company started a process to review divestment options for its South African assets. Production for the three months ended 31 March 2019 was 752,000oz at an average total cash cost of $791/oz, compared to 824,000oz at $834/oz during the first quarter of last year. All-in sustaining costs from these operations fell 2% to $1,009/oz over the same period. The company delivered a solid Adjusted EBITDA margin of 37%, despite a lower gold price and marginally lower production from certain assets, which it had flagged earlier in February. AngloGold Ashanti is streamlining its portfolio to ensure greater management focus and to concentrate its capital on projects delivering the highest returns. The Company, which said it started a process to review divestment options for its South A

Secures additional gold deposit! TomaGold Corporation updated on the previously announced spin-out transaction involving the Corporation's wholly-owned subsidiary, Monster Exploration Inc and to announce that, in connection with the Spin-Out, Monster entered into a share purchase option agreement with an arm's length party with respect to the acquisition of all the issued and outstanding securities of 9220-5392 Québec Inc, which holds an option to acquire a 100% interest in the Philibert property, located approximately 10 km southeast of the Monster Lake property, in Quebec's Chibougamau mining camp. Monster also announces that it intends to complete its non-brokered private placement offering through the issuance of subscription receipts at a price of $0.50 per Subscription Receipt, and flow-through subscription receipt at a price of $0.65 per FT Subscription Receipt, for aggregate minimum gross proceeds of $8,000,000 and up to $10,000,000. In addition,

Group gold production up by 8% Net earnings per share increased by 83% Barrick Gold Corporation’s first quarterly results since its merger with Randgold Resources Limited (Randgold) show solid results across the board from the new group, which also reported rapid progress with the integration of the two businesses as well as with the implementation of key strategic initiatives. While quarter on quarter comparisons are skewed by the merger, group gold production was up 8% in line with guidance, net cash from the operations rose by 27%, net earnings per share increased by 106% to $0.06, adjusted net earnings per share1 increased by 83% to $0.11, and debt, net of cash was down 12% to $3.65 billion. A dividend of $0.04 per share was declared in respect of the first quarter of 2019. Key Performance Indicators are, 1: Integration and strategic initiatives on track across the group following Barrick-Randgold merger, 2: Nevada Joint Venture agreement signed and implement

Silver production fall by 21% & 24% lower gold production YoY Endeavour Silver Corp. reports its production results for the First Quarter (1Q), 2019 from the Company’s four silver-gold mines in Mexico: the Guanaceví mine in Durango State, the Bolañitos and El Cubo mines in Guanajuato state and the El Compas mine in Zacatecas state. Silver production in the First Quarter, 2019 was 1,071,355 ounces (oz) and gold production was 10,055 oz, resulting in silver equivalent production of 1.9 million oz at an 80:1 silver-gold ratio.   The 21% lower silver production and 24% lower gold production compared to Q1, 2018 were due to the planned reduction of mine output at El Cubo, lower than planned throughput at Bolañitos and lower silver grades at Guanacevi.   Bradford Cooke, Endeavour CEO, commented, “All four mines typically start slowly each year as we commence our annual capital investments, then production improves as the mines work toward achieving their annual mine pl