Shares of Russia-focused miners collapse on Ukraine invasion
Shares in mining companies with operations in Russia were among the first to feel the impact of Moscow’s wide-ranging attack on Ukraine on Thursday, while oil topped US$105 a barrel…
Gold
Makuch hands over Agnico Eagle reins
A little more than two weeks following the closure of the US$10 billion merger of Agnico Eagle Mines (TSX: AEM; NYSE: AEM) and Kirkland Lake Gold, Agnico’s new CEO Tony…
Artemis secures US$360M project financing for Blackwater
Artemis Gold (TSXV: ARTG) has secured project debt financing that will fund a significant part of its Blackwater project in central British Columbia. This has been done through a credit-approved…
Kinross says its Russian gold mines unaffected by sanctions
Canadian senior miner Kinross Gold Corporation (TSX: K; NYSE: KGC) says its operations in Russia are operating to plan and currently remain unaffected by Western and US sanctions announced on…
Bluestone completes feasibility study for Cerro Blanco in Guatemala
Bluestone Resources (TSXV: BSR; US-OTC; BBSRF) has released a feasibility study for its Cerro Blanco Gold project in Guatemala, located 160 km southeast of Guatemala City. The study forecasts an…
Newmont declares industry-leading dividend
The board of the world’s largest gold miner, Newmont (TSX: NGT; NYSE: NEM), has declared a fourth-quarter dividend of US55c per common share, maintaining its position as the highest dividend…
Hecla Mining silver reserves at second-highest level in 130 years
Silver producer Hecla Mining (NYSE: HL) said that its proven and probable reserves of the precious metal grew to 200 million ounces in 2021 — the second highest level in…
Barrick Gold near Pueblo Viejo tailings decision
Barrick Gold (TSX: ABX; NYSE: GOLD) is close to reaching an agreement with the government of the Dominican Republic on where to build a new tailings storage facility (TSF) for…
Osisko to develop Windfall without Northern Star
Osisko Mining (TSX: OSK) has decided to develop its 100%-owned Windfall gold project in Quebec by itself. Joint venture talks with Northern Star Resources (ASX: NST) were announced last November,…
Golden Minerals reports assays from its Yoquivo project in Mexico
Golden Minerals (TSX: AUMN; NYSE-AM: AUMN) has reported high-grade drill results from its Yoquivo gold-silver project in Mexico’s Chihuahua state, about 32 km from the Pinos Altos mine owned by…
Resolute Mining ups Mali gold project resource estimate by 40%
Resolute Mining (ASX: RSG; LSE: RSG) has increased the measured and indicated resource estimate for its Tabakoroni gold deposit in Mali by 40%. The Western Australia-based miner said the asset,…
Crescat Capital acquiring up to 19.9% stake in Goliath Resources
Crescat joins Canadian billionaire Eric Sprott as notable strategic investors in the company.