Endeavour fires CEO over US$5.9M payment
Endeavour Mining (TSX: EDV; LSE: EDV) fired CEO Sebastien de Montessus with immediate effect on Thursday. The board accused de Montessus of “serious misconduct” regarding the disposal of an asset…
Precious Metals
2024 belongs to an offbeat pairing — uranium and gold
As demand for EV and base metals is expected to slow along with global growth in 2024, two very different metals are likely to stand out from the commodity pack:…
Rokmaster’s Revel Ridge BC project offers 21% return
Rokmaster Resources (TSXV: RKR) says its Revel Ridge gold-silver project in southeast British Columbia may produce a double-digit return for investors, according to a preliminary economic assessment. The study…
Silvercorp again hikes takeover offer for OreCorp
Canada’s Silvercorp Metals (TSX: SVM; NYSE: SVM) is boosting its buyout bid for African gold developer OreCorp (ASX: ORR) while competing with Perseus Mining (TSX: PRU; TSX: PRU). Silvercorp, a…
Analysis: Gold set for further record prices in 2024 and 2025
Gold prices have been setting annual records for the past three years. They are expected to set further records in 2024 and 2025, as the world struggles with a host…
Gold heists: Air Canada caper shows yellow metal’s criminal allure hasn’t dimmed
It’s a gold mine in the dead of night. Crooks snip through a wire fence and find keys to a forklift still in the ignition. It roars to life and…
A list of the biggest gold heists
A survey of some cases where gold didn’t get to point B shows the recent Toronto caper isn’t the largest and Air Canada has been targeted before. (Click here for…
Agnico Eagle invests in Finland-focused FireFox Gold
Agnico Eagle Mines (TSX: AEM; NYSE: AEM), the third-largest gold miner by market value, is buying a stake of junior FireFox Gold (TSXV:FFOX; US-OTC:FFOXF) that may progress to a joint…
AngloGold Ashanti invests in G2 Goldfields as Guyana faces annexation threat
AngloGold Ashanti (NYSE:AU), the fourth-largest gold producer, is buying a stake in Guyana-focused G2 Goldfields (TSXV: GTWO; US-OTC: GUYGF) even as neighbouring Venezuela vows to seize the land where its…
Blue Lagoon, Lake Babine Nation ink deal to start Dome Mountain mine
Blue Lagoon Resources (CSE: BLLG; US-OTC: BLAGF) and the Lake Babine Nation have signed an agreement allowing the start of underground mining at the Dome Mountain gold mine in central…
Pan Am Silver’s La Colorado Skarn project is large but manageable, BMO says
Pan American Silver’s (TSX: PAAS; NYSE: PAAS) La Colorada Skarn project in Mexico could mine 50,000 tonnes of ore a day to produce 17.2 million oz. a year of silver,…
Dundee spends C$287M to acquire Osino’s Twin Hills gold project in Namibia
Dundee Precious Metals (TSX: DPM) is buying Osino Resources (TSXV: OSI; US-OTC: OSIIF) for $287 million in cash and shares to acquire its advanced-stage Twin Hills gold project in Namibia. The…