Gold Fields to become world’s No. 4 gold miner with US$6.7B Yamana Gold buy
South African miner Gold Fields (NYSE: GFI; JSE: GFI) is buying Canada’s Yamana Gold (TSX: YRI; NYSE: AUY) in an all-share deal worth US$6.7 billion, which will make it the…
Gold
Vanstar doubles drill program as it looks to go deep at Bousquet-Odyno in Quebec
Vanstar Mining (TSXV: VSR) has reported “promising” partial results from its initial drill program at the Bousquet-Odyno project in Quebec, where it hopes to expand the gold system at depth….
Colombia miners brace for environmental crackdown
Miners operating in Colombia are bracing for tighter environmental rules as the two anti-establishment presidential candidates that made it to a runoff on June 19, have promised stricter environmental rules…
JV Article: Lundin Gold is now generating significant free cash flow
Last year was an exceptional one for Lundin Gold (TSX: LUG) and its high-grade Fruta del Norte underground mine in southeastern Ecuador, 130 km northeast of Loja, the country’s fourth-largest…
Equinox and Sandstorm create new royalty company
Equinox Gold (TSX: EQX) and Sandstorm Gold (TSX: SSL; NYSE: SAND) are creating a new diversified metals royalty company — Sandbox Royalties — which will combine assets in the Americas…
Investors not impressed by Aurelius’ maiden Aureus East resource estimate
Aurelius Minerals (TSXV: AUL; US-OTCQB: AURQF) has released an initial mineral resource estimate on its Aureus East gold project in Nova Scotia, sending its equity to a new 12-month low…
SilverCrest Metals begins commissioning Las Chispas in Mexico
SilverCrest Metals (TSX: SILV; NYSE-AM: SILV) said Thursday it has begun commissioning the processing plant at its Las Chispas gold-silver project in Sonora, Mexico, which is expected to reach commercial…
Galway Metals closes $10.5M bought deal for Canadian exploration
Galway Metals (TSXV: GWM) has completed its recently upsized bought deal private placement, raising gross proceeds of $10.5 million. The financing consisted of the sale of approximately 6.66 million flow-through…
B2Gold to buy Aussie junior Oklo Resources
Canada’s B2Gold (TSX, NYSE: BTO) is buying Australian explorer Oklo Resources (ASX: OKU) in a deal valued at A$90 million (US$64 million) or 17.25¢ per share, representing a 127% premium on…
New drill results from Kerkasha project in Eritrea suggest large gold discovery, says Alpha
Alpha Exploration (TSXV: ALEX) has reported drill results from its first campaign on the Aburna gold prospect, part of the company’s Kerkasha project in Eritrea, based on which it expects…
Higher prices do not incentivize more production: BofA report
Higher commodity prices are not high enough to incentivize new production to come online, as slowing demand from China weighs heavy, especially on copper. Bank of America recently hosted its…
Osisko Development shares Cariboo PEA, plans first gold pour Q1 2024
Osisko Development (TSXV: ODV) has released the results from its preliminary economic assessment (PEA) for the Cariboo gold project in central B.C. The study, which examines a large, low-cost underground…