Gold miner Navoi issues $500M Eurobond
Navoi Mining & Metallurgical Co., the world’s fourth-largest gold miner, has placed a new $500 million corporate bond in London following a $1-billion issue in October as the company preps…
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Valley tonnage balloons in Snowline Gold update
A resource update for Snowline Gold’s (TSX-V: SGD; US-OTC: SNWGF) Valley project in east-central Yukon adds more than 3 million contained oz. in the measured category while almost doubling indicated…
Agnico lifts Foran stake but copper project costs jump
Canada’s Agnico Eagle (TSX, NYSE: AEM) is increasing its stake in Foran Mining (TSX: FOM) which is coping with increased capital costs for its McIlvenna Bay copper-zinc-gold-silver project in Saskatchewan. …
First Quantum mine closure sucks $1.7B from Panama
First Quantum Minerals (TSX: FM) says its shuttered copper mine in Panama would have contributed more than $1.7 billion (C$2.38 billion) to the Latin American nation’s economy had it remained…