Coeur Mining buys New Gold for $7B
Coeur Mining (NYSE: CDE) is acquiring Canada’s New Gold (TSX: NGD) in an all-stock deal valued at about $7 billion, creating a new North American mining heavyweight amid record gold…
Gold
Freeport expands BC’s AuRORA with near-surface grades
Freeport-McMoRan (NYSE: FCX) has extended the AuRORA copper-gold-silver discovery made by partner Amarc Resources (TSXV: AHR; OTCQB: AXREF) in British Columbia. A batch of long, near-surface intercepts released on Monday…
Gold Fields pays $50M for 12% of Founders Metals
Gold Fields (NYSE, JSE: GFI) agreed to pay about $50 million (US$36 million) to become the biggest shareholder in Founders Metals (TSXV: FDR; US-OTC: FDMIF), which is developing the Antino…
Kodal Minerals keeps Mali lithium mine running as Islamic militants advance
West Africa-focused Kodal Minerals (LSE: KOD) says operations at its Bougouni lithium mine in southern Mali remain unaffected despite escalating security tensions near the capital, Bamako. The London-listed company said…
Fresnillo enters Canada with $780M Probe Gold buy
Mexican precious metals miner Fresnillo (LSE: FRES) is acquiring Canada’s Probe Gold (TSX: PRB) for $780 million (US$556 million) in cash, marking the company’s first entry into North America. Fresnillo…
Site visit: Revival Gold shows ‘exploration sizzle’ in Idaho
BOISE, Idaho – An underground discovery hunt in central Idaho could shuffle Revival Gold’s (TSXV: RVG; US-OTC: RVLGF) development queue, CEO Hugh Agro said this week on a site visit….
Fortuna boosts underground potential in Côte d’Ivoire
Exploration drilling at Fortuna Mining’s (TSX: FVI; NYSE: FSM) Séguéla open-pit mine in Côte d’Ivoire improves the odds of an underground operation at the Sunbird deposit, the company said. Hole SGRD2434…
Idaho bets on schools, speedy approvals to renew mining
BOISE, Idaho – Access to local skilled labour is now the choke point to building new mines, Idaho’s mining leaders told the Idaho Mining Conference this week in Boise. The…
JV Q&A: Emperor Metals eyes next Quebec step with AI
Emperor Metals’ (CSE: AUOZ; US-OTC: EMAUF) is carving out its place in Quebec’s Southern Abitibi Greenstone Belt – one of the world’s richest gold regions – by combining geological expertise…
Aldebaran’s Altar copper project may generate $11B
Aldebaran Resources (TSXV: ALDE; US-OTC: ADBRF) says a preliminary economic assessment (PEA) for its Altar copper-gold project in Argentina establishes “robust” economics and sets the stage for new studies in…
Agnico’s $130M Avenir to probe beyond gold
Canada’s Agnico Eagle Mines (TSX, NYSE:AEM) has launched a new subsidiary, Avenir Minerals, to manage and advance nearly $80 million in early-stage critical minerals investments. The Toronto-based gold miner plans…
New Gold delivers record Rainy River output
New Gold (TSX, NYSE-A: NGD) soared to its highest in more than a decade on Wednesday after delivering a strong third quarter marked by the best-ever production at its Ontario…