Silvercorp deal for Adventus hits roadblock
Silvercorp Metals (TSX: SVM) says it’s reviewing plans to acquire Adventus Mining (TSXV: ADZN) after a local lawsuit challenged the target company’s environmental permit for its project in Ecuador. The…
Gold
Westgold’s buyout of Karora gets ISS blessing ahead of shareholder vote
Canada’s Karora Resources (TSX: KRR; US-OTC: KRRGF), the target of a A$1.2-billion (US$830 million) acquisition by Australia’s Westgold Resources (ASX: WGX), said on Monday a leading independent proxy advisory firm…
Skeena court win overturns ‘incomprehensible’ 2022 tailings ruling
The miner has successfully appealed a prior decision regarding ownership of waste rock and tailings from the British Columbia mine.
No cyanide risk to drinking water after Victoria Gold accident, Yukon government says
Drinking water is safe to consume after the heap leach pad (HLP) accident last week at Victoria Gold’s (TSXV: GCX) Eagle mine in Yukon, a health official said Thursday, but…
BHP cuts employee incentives by 20% globally – report
BHP (LSE: BHP; NYSE: BHP; ASX: BHP), the world’s largest miner is reportedly reducing by 20% short-term incentives offered for the 2023-24 fiscal year to all employees, the Australian Financial…
Orla files for arbitration against Panama and First Quantum could be next
Vancouver-based Orla Mining (TSX: OLA; NYSE: ORLA) has filed for international arbitration against Panama over the cancellation of permits for its Cerro Quema gold project. The company is seeking damages…
Kinross invests in Wyoming-focused gold junior
Kinross Gold (TSX: K; NYSE: KGC) has acquired 9.9% of Wyoming-focused explorer Relevant Gold (TSXV: RGC; US-OTC: RGCCF) which is advancing the Golden Buffalo project. The major spent $1.5 million…
Aus gold miner Ramelius refinances for $160M in debt
Australian gold miner Ramelius Resources (ASX: RMS) has secured a A$175 million ($160 million) revolving debt facility, along with government grants, to fund its operations and recent acquisitions. Banks including Australia and…
Site visit: Can Western Copper and Gold rise to its green challenges?
Near Carmacks, Yukon — Western Copper and Gold’s (TSX: WRN; NYSE-AM: WRN) Casino project sits at the potential junction of a trans-Canadian green power conduit while promising metals needed for the…
Wesdome Gold drilling may extend Eagle mine in Ontario
Wesdome Gold Mines (TSX: WDO)says drill results expanded three underground zones at its Eagle River mine in northern Ontario as it considers extending its production life. In the Six Central zone,…
Antofagasta updates on US$4.4B Centinela expansion
Chilean miner Antofagasta (LSE: ANTO) has started installing a second concentrator in a Centinela copper mine expansion aiming to increase the company’s total production of the wiring and plumbing metal…
Gold, copper equities to rise, metals flat: analysts
Stocks in certain gold and copper producers are expected to gain this year even as a surge in the metals’ prices subsides, BMO Capital Markets says. Investors may seek attractive…