Eldorado to buy QMX Gold for US$105 million
Eldorado Gold (TSX: ELD; NYSE:EGO) is buying QMX Gold Corp. (TSXV: QMX) by acquiring all the shares it doesn’t already own in the Quebec-focused explorer, in a deal worth $132 million…
Gold
First Mining Gold releases PFS on open pit development at Springpole
First Mining Gold (TSX: FF) has released the results of a prefeasibility study on an 11-year, 30,000 tonne per day open pit operation at its Springpole gold project in northwestern…
Sabina grows Back River resources ahead of feasibility update
Developer Sabina Gold & Silver (TSX: SBB; US-OTC: SGSVF) has released an updated resource for its Back River gold project in Nunavut, which shows resource growth in both the measured…
SolGold CEO Nick Mather to retire after shareholder pressure
SolGold (TSX: SOLG; LSE: SOLG) announced that Nick Mather would step down as CEO after 13 years at the helm of the company. His resignation comes after Mather was handed…
Pan American expects increased silver and gold output in 2021
Americas-focused precious metals producer Pan American Silver (TSX: PAAS; NASDAQ: PAAS) has reported its 2020 production results and provided guidance for 2021. Last year’s silver and gold output – at…
JV Article: A global royalty and streaming creation company
Empress Royalty (TSXV: EMPR) has made an impressive start for a company in just six months. Since its creation in July 2020, the global precious metals royalty and streaming investment company…
Roxgold hits high grades at Seguela in West Africa
Roxgold (TSX: ROXG; US-OTC: ROGFF) has released assay results for reverse circulation and diamond tail drilling completed at the Koula deposit within its Seguela development project in Côte d’Ivoire. The…
Premier updates PEA for ‘cornerstone asset’ McCoy-Cove
Following the announcement last month of the sale of Premier Gold Mines (TSX: PG) to Equinox Gold (TSX: EQX; NYSE-AM: EQX), Premier has released an updated preliminary economic assessment for…
Rio Tinto looming talks with Mongolia to decide Oyu Tolgoi’s fate
The next three to six months will be crucial to the future of the vast Oyu Tolgoi copper-gold mine in Mongolia, as the companies behind the operation engage in talks…
Osisko announces $60 million bought deal private placement
Osisko Mining (TSX: OSK) plans to raise $60 million in a bought deal financing. A syndicate of underwriters led by Canaccord Genuity has agreed to purchase 11.22 million flow through shares…
Talon hits high-grade massive sulphide mineralisation at Tamarack Nickel
Talon Metals (TSX: TLO) has released the latest drill results from its Tamarack nickel-copper-cobalt project in Minnesota, 89 km west of Duluth and 210 km north of Minneapolis. Drillhole 20TK0273 intersected…
Moneta Porcupine acquires O3 Mining’s Garrison project in Timmins camp
O3 Mining (TSXV: OIII; US-OTC: OIIIF) is selling its Golden Bear assets including the Garrison gold project to Moneta Porcupine Mines (TSX: ME; US-OTC: MPUCF) and taking a 30% stake…