AngloGold buys Augusta Gold in Nevada push
AngloGold Ashanti (JSE: ANG; NYSE: AU) agreed to buy Canadian explorer Augusta Gold (TSX: G; US-OTC: AUGG) for about $152 million (US$111 million) in cash to further expand its Nevada footprint. Augusta…
Financial Matters, M&A
BHP to explore Chinese battery partnerships
BHP (NYSE, LSE, ASX: BHP) has signed preliminary agreements with two of China’s leading battery makers to evaluate the use of electric vehicles across its global mining operations. The partnerships…
Private miners overlook disclosure: legal experts
Many private Canadian mining companies may be unaware that they are subject to the same technical disclosure rules as public issuers and that they could face compliance risks under a…
Ivanhoe sees $70M Kakula mine dewatering cost
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) said it expects the dewatering of its Kakula mine in the Democratic Republic of Congo to cost as much as $70 million (C$96 million). Production…
West Red Lake’s Rowan might earn 42% return
West Red Lake Gold Mines (TSXV: WRLG; US-OTC: WRLGF) said a preliminary economic assessment shows that developing the Rowan project in northwestern Ontario may generate a high rate of return. Based…
Kinterra scores win in New World Copper takeover bid
Australia’s Takeovers Panel has blocked New World from issuing shares to CAML, giving Kinterra time to contest the deal.
Kenorland options three Ontario projects to Centerra
Kenorland Minerals (TSXV: KLD; OTCQ-X: KLDCF) said it’s optioned three early-stage gold projects located in Northwestern Ontario to Centerra Gold (TSX: CG; NYSE: CGAU) with a view of developing the…
Juniors chase ounces, cash flow
Juniors must deliver resource growth, production gains and technological edge to capture capital, according to participants at this month’s Mining Investment Event of the North in Quebec City. The Northern…
Vizsla raising US$100M to develop Panuco project
Canadian miner Vizsla Silver (TSX, NYSE: VZLA) is raising about US$100 million ($138 million) to advance the exploration, drilling and development of its flagship Panuco project in western Mexico. The…
Video: New Gold CEO ramps up growth across two assets
New Gold (TSX: NGD; NYSE: NGD) has acquired full ownership of the New Afton copper-gold mine in British Columbia and prepped its new C-Zone to hit peak output. The mine…
Sprott to buy $200M of uranium for special fund
Asset manager Sprott (TSX, NYSE: SII) said it plans to buy about US$200.1 million ($270 million) worth of physical uranium for its dedicated fund after raising twice as much money…
Barrick to appeal Mali court’s administrator
Barrick Mining (TSX: ABX; NYSE: B) plans to appeal a Malian court decision appointing Soumana Makadji, a former health minister, as the provisional administrator of its Loulo-Gounkoto operation for six…