Newmont makes ‘best and final’ bid for Newcrest
The world’s largest gold producer Newmont (NYSE: NEM; TSX: NGT) has upped its bid for Australia’s Newcrest Mining (TSX: NCM; ASX: NCM) to US$21.2 billion from the original implied value…
Gold
TNM Drill Down: Osisko Mining leads week’s gold assays at Windfall project in Quebec
Our TNM Drill Down features highlights of the top gold assays of the past week. Drill holes are ranked by gold grade x width, as identified by our sister company…
TSX drifts higher over holiday-shortened Apr. 3-6 trading week
Over the Good Friday-shortened Apr. 3-6 trading week, the S&P/TSX Composite Index inched up 96.8 points or 0.5% to 20,196.69. The S&P/TSX Global Mining Index added 0.41 points or 0.4%…
Mixed fortunes for the American indexes during Apr. 3-6 trading week
The Dow Jones Industrial Average gained 211.1 points or 0.6% to 33,485.29 and the S&P 500 fell 4.29 points or 0.1% over the week to 44,105.02. Franco-Nevada was the top…
Endeavour Silver reports 18% production boost in Q1
Precious metals miner Endeavour Silver (TSX: EDR; NYSE: EXK) has released first quarter production results showing an 18% increase in silver equivalent output compared to the same period last year….
Stuart ‘Tookie’ Angus remembered as a ‘rainmaker,’ mentor, and ‘brilliant’ lawyer
The Howe Street investment community is grieving the loss of industry veteran Stuart ‘Tookie’ Angus. Angus, who leaves a deep mark after a 50-year career in the industry, peacefully passed…
Hecla firms up deal to acquire ATAC Resources
Hecla Mining (NYSE: HL) has entered a definitive agreement to acquire Yukon-focused junior ATAC Resources (TSXV: ATC; US-OTC: ATADF) for an implied value of $39 million. The deal, which has…
Newcrest, Harmony Gold ink deal to move Wafi-Golpu project forward
Newcrest Mining (ASX, TSX: NCM) and Harmony Gold (NYSE: HMY) said Thursday they have signed a framework agreement with the Papua New Guinea (PNG) government that sets key terms to jointly…
Site visit: Prismo Metals’ Hot Breccia project blooms in Arizona copper belt
The helicopter arcs around the scrubland hills like the start of a M*A*S*H episode. Except these hills are in Arizona, not Korea, and they’re studded with giant saguaro cactuses on…
Exploits Discovery cuts visible gold at Bullseye project in Newfoundland
Exploits Discovery (CSE: NFLD; US-OTC: NFLDF) says assays from three drill holes show visible gold on its Bullseye property in central Newfoundland. Drill hole BE-23-005 cut 3.5 metres grading 12.6…
High-grade results at Lynx target expand Osisko’s Windfall project
Osisko Mining (TSX: OSK) reported on Wednesday assay results as high as 286 grams gold per tonne from its Lynx target in the Abitibi greenstone belt in the Eeyou Istchee…
Eldorado secures 80% of Skouries gold-copper project funding
Canada’s Eldorado Gold (TSX: ELD, NYSE: EGO) said on Wednesday it had secured previously announced €680 million (about $999 million) in financing facility for the development of its long-delayed Skouries…