Fujimori leads Peru presidential vote as mining risks rise
Keiko Fujimori led Peru’s presidential vote but fell short of an outright win, setting up a run-off that could reshape the outlook for the country’s critical mining sector. Exit polls…
Precious Metals
M&A: Denarius targets Emerita in Spain’s zinc-copper belt
Denarius Metals (CBOE: DMET; US-OTC: DNRSF) offered to buy Emerita Resources (TSXV: EMO; US-OTC: EMOTF) in an all-share deal that would consolidate assets in Spain’s Iberian Pyrite Belt while adding…
New woe besets BC’s two biggest gold projects
Seabridge Gold’s (TSX: SEA; NYSE: SA) push for permits to dig tunnels at its giant KSM project is being delayed by British Columbia until the miner’s court fight with neighbour…
Gold price wins in Iran war, but not copper
The U.S.-Iran war may shave as much as 0.7% off the global economy and push gold prices higher as investors focus on a swelling U.S. deficit and a weaker dollar,…
G Mining to buy G2 Goldfields for $3B in Guyana play
Canadian miner G Mining Ventures (TSX: GMIN; US-OTC: GMINF) agreed to buy G2 Goldfields (TSX: GTWO; US-OTC: GUYGF) in a $3 billion (US$2.2 billion) all-share deal that would bring two…
Orla’s double-digit gold assays extend Musselwhite
Orla Mining (TSX: OLA; NYSE: ORLA) says new drilling at its Musselwhite mine in Ontario shows more high-grade gold zones over 2 km beyond workings, boosting the case for longer…
Critical One hits visible antimony at Howells Lake in Ontario as defence metal gains momentum
Critical One Energy’s (CSE: CRTL; US-OTC: MMTLF) first modern drill hole at the Howells Lake project in northwestern Ontario cut visible stibnite from near surface across about 100 metres of…
PDAC Video: Palmer sale sets up American Pacific’s Madison push
American Pacific Mining (CSE: USGD; OTCQX: USGDF) is preparing its biggest drill campaign yet at the Madison copper-gold project in Montana as it shifts its focus to the past-producing asset…
PDAC Video: Meridian funds early Cabaçal works
Meridian Mining (TSX: MNO; US-OTC: MRRDF) has raised $57.5 million (US$41.5 million) to advance its Cabaçal copper-gold project in western Brazil. The February financing is to pay for long-lead equipment,…
Versamet Royalties buys $360M gold stream on Skeena’s Eskay Creek in BC
Versamet Royalties (TSX-V: VMET) agreed to buy a cornerstone gold stream on Skeena Resources’ (TSX: SKE; NYSE: SKE) Eskay Creek project in British Columbia in a $360-million (C$500-million) transaction that represents…
Liberty Gold’s Black Pine project enters federal environmental review
Liberty Gold’s (TSX: LGD) Black Pine project in southeastern Idaho is advancing in permitting after officials confirmed the start of a federal environmental review. The United States Forest Service has…
France pulls last gold held in US for $15B gain
The Bank of France (BdF) says it has pulled the remaining gold stored in New York and replaced it with a similar amount at its vaults in Paris. Due to…