Video interview: Darin Labrenz on Pure Gold’s pivotal year ahead
Pure Gold Mining (TSXV: PGM; LSE: PUR) says its growth ambitions are back on track following a somewhat troubled start of production at the namesake mine in Ontario’s storied Red…
Gold
Omicron disrupts Agnico’s Nunavut operations
A spike in presumptive Covid-19 cases at its operations in Nunavut have prompted Agnico Eagle Mines (TSX: AEM; NYSE: AEM) to send home its Nunavut-based workforce and temporarily ramp down operations for the…
Generation Mining clinches $240M stream with Wheaton for Marathon construction
Two weeks after it announced it would be upping its interest in the Marathon palladium-copper project in northern Ontario to 100%, Generation Mining (TSX: GENM) has landed a $240 million streaming deal…
Avino totals 137M oz. silver-equivalent at La Preciosa
The latest resource estimate for the La Preciosa silver project, which is being acquired by Avino Silver and Gold Mines (TSX: ASM; NYSE: ASM), totals 137 million oz. of silver-equivalent…
Newcrest moves to boost stake in Havieron gold-copper project
Australia’s largest gold producer, Newcrest Mining (ASX: NCM), is moving to increase its stake in the Havieron gold-copper project that it is developing with Greatland Gold (AIM:GGP) in the Paterson…
Last chance for Harte Gold bidders to come forward
Potential suitors for Harte Gold (TSX: HRT) and its Sugar Zone gold mine in Ontario have until Jan. 14 to submit bids for the distressed company. If no bids are received, Australia’s Silver Lake Resources…
Lundin Mining to acquire Josemaria Resources for $625 million
Lundin Mining (TSX: LUN) is acquiring Josemaria Resources (TSX: JOSE) for about $625 million for its namesake copper-gold project in San Juan, Argentina. The Canadian miner is acquiring the company for $1.60 a…
Newmont raises US$1B through mining industry’s first sustainability linked bond
Newmont (TSX: NGT; NYSE: NEM) has closed the mining industry’s first sustainability-linked bond, raising net proceeds of US$992 million in a registered $1 billion public offering of senior notes issued…
Fortuna Silver receives EIA extension for San Jose mine in Mexico
Mexico has granted Fortuna Silver Mines (TSX: FVI; NYSE: FSM) a 12-year extension to its environmental impact authorization for the company’s San Jose mine in Oaxaca state, after first denying the extension in November. “After continued dialogue and technical…
Update: Gold Royalties makes unsolicited offer for Elemental Royalties
Gold Royalties (NYSE-AM: GROY) is proposing to acquire Elemental Royalties (TSXV: ELE) in an all-share deal valued at $130 million. Gold Royalties said it is taking its offer directly to…
Update: Bear Creek Mining acquires Mercedes mine from Equinox
The company says the Mercedes acquisition will provide a source of funding for future construction of its Corani silver mine.
Victoria Gold lowers production guidance due to supply chain troubles
Victoria Gold (TSX: VGCX) expects 2021 gold production to be 10% lower than its previous guidance of 180,000 oz. due to supply chain issues. It produced 114,726 oz. gold in the first nine months of the…