Elemental shareholders reject Gold Royalties’ hostile takeover bid
Gold Royalties (NYSE-AM: GROY) failed to acquire Elemental Royalties (TSXV: ELE) as its all-share hostile takeover bid expired on May 12, bringing an end to a saga that began in…
Gold
Condor Gold says La India ‘construction ready’
Nicaragua-focused Condor Gold (LSE: CNR; TSX: COG) said on Friday its flagship La India open pit gold project in the Central American country, was “construction ready” and “materially de-risked.” Delivering…
Mining in Africa Snapshot: Eight companies to watch
Africa is home to bountiful reserves of metals such as gold, copper, and lithium. The continent also offers mineral exploration and development companies with large areas of underexplored terrain as…
Hochschild Mining earmarks US$200M to build gold mine in Brazil
Precious metal producer Hochschild Mining (LSE: HOC) will invest about $200 million to build the Posse gold mine in Brazil, a project added to its portfolio last year through the…
Mining Indaba: Global fractures over Russia-Ukraine war trigger big policy, market shifts – Veracity Worldwide
Russia’s war on Ukraine is dividing the global order along fault lines, and Africa risks being caught in the middle, the Investing in Africa Mining Indaba heard this week. Veracity…
Kinross reports ‘messy’ Q1 results as sale of Russian assets awaits approval
Kinross Gold (TSX: K; NYSE: KGC) says that the company is in “uncharted territory” regarding the closure of the sale of its Russian assets. In April, the company announced that…
Endeavour Silver beats Q1 production forecast
Shares of Endeavour Silver (TSX: EDR; NYSE: EXK) rose to their highest level in a week as the company beat analysts’ expectations in its quarterly report. The company produced 1.3…
Aton’s shares rise on gold-silver-zinc intercept from Rodruin in Egypt
Shares of Aton Resources (TSXV: AAN) reached their highest value in three years as the company reported its latest drill results from its Rodruin gold exploration project in eastern Egypt. …
Mining Indaba: Bristow pleads with African miners to create ‘partnerships for prosperity’
A renewed focus on creating meaningful partnerships between miners, host communities and governments is quintessential to unlocking economic prosperity for African stakeholders, Barrick Gold (TSX: ABX; NYSE: GOLD) CEO Mark…
TSX Venture ends May 2-6 session lower
The S&P/TSX Venture Composite Index retreated by 44.46 points or 5.5% over the May 2-6 trading session to end at 769.97. Vancouver-based Chesapeake Gold rose 17¢ to close the week…
Imperial Metals speeds up work to reopen Mount Polley copper mine
Imperial Metals (TSX: III) is aiming to reopen its Mount Polley copper-gold mine in British Columbia, Canada, before the end of June, buoyed by high prices for the metal and a…
Two of McEwen Mining’s top execs step down
McEwen Mining (TSX: MUX; NYSE: MUX) surprised markets on Friday by announcing that two of its top suite executives were leaving the company for personal reasons. Chief financial officer Anna…