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…
Gold
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…
JV Article: Tudor advances Treaty Creek – one of the largest gold discoveries in the last 30 years
Location is key for success in many undertakings. In real estate it is the only consideration. In gold exploration, the best location to look for is where there are other…
U.S. markets fall during May 16-20 trading week
The Dow Jones Industrial Average fell 961.52 points or 3.1% to 31,261.90 over the week, with the S&P 500 retreating by 106.65 points or 2.7% to 3,901.36. Shares of Gold…
TSXV edges higher over May 16-20
The S&P/TSX Venture Composite Index eked out a gain of 5.44 points over the May 16-20 trading week to end at 702.09. Los Andes Copper saw the biggest share price…
Social engagement can make or break mining investment in Colombia, Ecuador and Peru
When mining in Colombia, Ecuador, and Peru, implementing corporate social responsibility (CSR) programs is simply not enough to guarantee success. Instead, mineral explorers and developers often see substantial projects halted…