Wesdome Gold on course for record production year
Wesdome Gold Mines (TSX: WDO; US-OTC: WDOFF) reaffirmed on Thursday that the company remains on track for a record year of production following the release of its third-quarter operational results….
Financial Matters, M&A
Lithium Americas revamps Thacker Pass deal with GM in new US$625M JV
Shares in Lithium Americas (TSX: LAC; NYSE: LAC) jumped by 20.2% on Wednesday after it announced a new, US$625-million joint venture agreement with General Motors for its Thacker Pass project…
NexGold, Signal Gold merger aims to create 200,000 oz per year producer
NexGold Mining (TSXV: NEXG; US-OTC: NXGCF) and Signal Gold (TSX: SGNL; US-OTC: SGNLF) have agreed to merge and create a new Canadian gold developer with a combined resource base of…
Americas Gold and Silver buys out JV partner Sprott at Galena complex in Idaho
Americas Gold and Silver (TSX: USA; NYSE-AM: USAS) has agreed to buy out its 40% joint-venture partner — an affiliate of Canadian mining investor Eric Sprott — in its producing…
Orion, Allianz among US$15T in funds seeking to boost mining investments for tripling output
A global group of institutional investors including Allianz, Legal & General and Orion Resource Partners wants to attract more funds to the mining industry by polishing its image and educating…
Mali seeks US$500M from Barrick for past taxes, dividends: Reuters
Authorities in Mali briefly detained four Malian staff members working for Barrick last month.
Iamgold closer to buying back 9.7% stake in Côté gold mine
Iamgold (TSX: IMG; NYSE: IAG) is a step closer to buying back the 9.7% interest in its Côté gold mine in Ontario from Sumitomo Metal Mining, after issuing a 60-day…
Aussie investors buy Yorbeau’s Rouyn gold project for $25M
Quebec-focused explorer Yorbeau Resources (TSX: YRB) is selling its flagship Rouyn gold property to a group of Australian investors for $25 million — a move that it says will help…
Teck steps into Ring of Fire with Canterra option
Teck Resources (TSX: TECK.A and TECK.B; NYSE: TCK) has made its first step into Ontario’s Ring of Fire. The Vancouver-based major has entered into an option agreement with Canterra Minerals…
Velocity Minerals sells Bulgarian assets for US$59M
Bulgaria-focused Velocity Minerals (TSXV: VLC; US-OTC: VLCJF) has agreed to sell its Rozino gold project, along with various other assets, in return for US$59 million in cash. Türkerler, a diversified…
Barrick negotiates with Mali junta as it arrests four
Barrick Gold (TSX: ABX; NYSE: GOLD) said it was negotiating financial terms with the Malian government after authorities arrested four employees of its Loulo-Gounkoto mine. “Details of the agreement, based in…
Vale considers listing base metals business in late 2026
Speaking at the FT Mining Summit, chairman Mark Cutifani said Vale Base Metals could be valued at $40 billion.