Aussie investors buy Yorbeau’s Rouyn gold project for $25M
Quebec-focused explorer Yorbeau Resources (TSX: YRB) is selling its flagship Rouyn gold property to a group of Australian investors for $25 million — a move that it says will help…
Gold
Video: New commodity supercycle to lift gold, copper and uranium stocks, fund manager says
Global investment in infrastructure and inflationary pressures are driving a new commodity boom, fund manager Wasif Latif said in an interview. Latif, the chief investment officer at Texas-based Sarmaya Partners,…
Velocity Minerals sells Bulgarian assets for US$59M
Bulgaria-focused Velocity Minerals (TSXV: VLC; US-OTC: VLCJF) has agreed to sell its Rozino gold project, along with various other assets, in return for US$59 million in cash. Türkerler, a diversified…
Thor Explorations settles Nigerian tax bill, denies reports of tax evasion
Thor Explorations (TSXV: THX; AIM: THX) said Tuesday it immediately paid a US$61,900 bill for outstanding taxes presented yesterday by a state magistrate for its Segilola gold mine in Nigeria’s…
Barrick negotiates with Mali junta as it arrests four
Barrick Gold (TSX: ABX; NYSE: GOLD) said it was negotiating financial terms with the Malian government after authorities arrested four employees of its Loulo-Gounkoto mine. “Details of the agreement, based in…
Video: Gold Fields targets aggressive Americas-focused growth, CEO says
Gold Fields (NYSE: GFI; JSE: GFI) expects to boost production by 600,000 oz. in the coming years, CEO Mike Fraser says in a new video. Its pending $2.2-billion acquisition of…
Why choose stocks with large undeveloped deposits?
Before I became a mining analyst and editor at Fat Tail Investment Research in Melbourne, I worked as a geologist in the mining industry. But in all my time writing to…
Quebec snapshot: Eight companies seeking gold, base metals, lithium and more
Quebec has a rich mining history and prospective geology for precious and base metals, critical minerals and more. Just as important, the provincial government offers an array of incentives to…
JV video: Alamos Gold eyes 80% growth, mostly from within portfolio, CEO says
After digesting a series of acquisitions made at lower gold prices, Alamos Gold (TSX: AGI; NYSE: AGI) president and CEO John McCluskey says the company aims to grow production by…
Filo shareholders approve BHP-Lundin’s $4.1B takeover
Shareholders of Filo Corp. (TSX: FIL) voted in favour of BHP Group (ASX, NYSE: BHP) and Lundin Mining‘s (TSX: LUN) $4.1-billion buyout in what could be one of the biggest…
Asante Gold raises US$100M from mystery investor to grow Ghana mines
Asante Gold (CSE: ASE) has secured US$100 million ($136 million) through the sale of shares to a strategic investor, which it will use to fund growth and development at its…
Miners prefer Canada to overseas: KPMG
Canada’s increased government funding and protectionism are boosting outlooks compared with rising geopolitical risks in foreign countries, according to a new KPMG survey of industry executives. Nearly 80% of mining…