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…
Precious Metals
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…
Seabridge confirms new porphyry discovery at Iskut property in BC
Seabridge Gold (TSX: SEA) (NYSE: SA) has achieved its 2023 goal of finding a new porphyry mineral system from drilling on the Snip North target of its Iskut property in…
Vista Gold taps Wheaton for $20M royalty to advance Mt. Todd project in Australia
Wheaton Precious Metals (TSX: WPM, NYSE: WPM; LSE: WPM) is buying a 1% gross revenue royalty on Vista Gold’s (TSX: VGZ; NYSE-AM: VGZ) Mt. Todd project in Australia for US$20…
Barsele takes over Gold Line while advancing Agnico-led project in Sweden
Barsele Minerals (TSXV: BME; US-OTC: BRSLF) is buying Gold Line Resources (TSXV: GLDL; US-OTC: TLLZF) in an all-share deal to consolidate projects in Sweden and Finland, the companies said on Wednesday. Gold Line…