Pan American, Agnico Eagle throw wrench in Gold Fields-Yamana deal
Pan American Silver (TSX: PAAS; NASDAQ: PAAS) and Agnico Eagle Mines (TSX: AEM; NYSE: AEM) have announced a rival offer for Yamana Gold (TSX: YRI; NYSE: AUY), throwing Gold Fields’…
Gold
Coeur Mining closes southern Nevada asset sale to AngloGold, stock up
Coeur Mining (NYSE: CDE) announced Friday the closing of the sale of its southern Nevada projects to a subsidiary of AngloGold Ashanti (NYSE: AU). Coeur’s southern Nevada portfolio comprises the…
Equinox Partners website names and shames gold mining directors with little skin in the game
Equinox Partners, a long-term value investor, announced Thursday the launch of directorswithoutstock to amplify its investment stewardship policy. The New York-based hedge fund, with over US$700 million in total assets under management with more…
Barrick falls to new 12-month low as Q3 profit drops on lower output, higher cost
Canada’s number-one gold producer Barrick Gold (TSX: ABX; NYSE: GOLD) has reported a sharp drop in third-quarter earnings as lower production and higher costs weighed on its September-quarter financial results….
AbraSilver updates resource for Diablillos in Argentina
AbraSilver Resource (TSXV: ABRA) has updated a September 2021 resource estimate for its Diablillos project in Argentina’s Salta province, significantly expanding the high-grade Tesoro zone, which is the highest-grade area…
New Found Gold announces high-grade results from new Lotto North zone
The latest assay results from New Found Gold (TSX-V: NFG; NYSE-A: NFGC) show near-surface, high-grade mineralization at its Lotto zone in northeast Newfoundland. The drilling shows that Lotto North is…
Maverix reveals new royalty in third quarter update
Maverix Metals (TSX: MMX; NYSE-AM: MMX) says it’s on track to meet its revised 2022 guidance of 28,000 to 31,000 attributable gold-equivalent ounces and unveiled a new royalty deal on…
B2Gold, AngloGold put Gramalote project in Colombia up for sale
Canada’s B2Gold (TSX: BTO; NYSE-AM: BTG) and South Africa’s AngloGold Ashanti (NYSE: AU; ASX: AGG) have decided to put their US$925-million Gramalote gold project in Colombia up for sale before…
Skeena extends Eskay Creek Rift in B.C.’s Golden Triangle
The first deep drill hole in the down dip extension of the Eskay Creek deposits in northwestern B.C. has identified a new occurrence of rhyolite-hosted mineralization about 650 metres down…
First Majestic drills high-grade gold near active underground mine area at Jerritt Canyon
First Majestic Silver (TSX: FR; NYSE: AG) has announced positive drill results from its ongoing exploration program at the Jerritt Canyon gold mine in Elko County, Nevada. The 2022 drilling…
Sibanye-Stillwater mulls cutting thousands of jobs at gold mines in S. Africa
Precious metals miner Sibanye-Stillwater (NYSE: SBSW) may axe more than 2,000 jobs at some of its gold mines in South Africa as part of a restructuring of those operations struggling to make…
‘Bait and switch’: House Committee asks A.G. to investigate alleged Pebble deception
Northern Dynasty Minerals (TSX: NDM; NYSE American: NAK) has expressed its “extreme disappointment” at a U.S. Transportation and Infrastructure House Committee report that recommends asking the attorney general to investigate…