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…
Gold
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…
Falco raises $17M for Horne 5 engineering, studies
Falco Resources (TSXV: FPC) has completed the last tranche of its $17.3 million private placement to continue engineering, technical and environmental studies related to its 100%-owned Horne 5 gold-copper-zinc project….
Lundin Gold estimates three-year production at 400,000 oz. annually
Lundin Gold (TSX: LUG), 100% owner of the Fruta del Norte mine in Ecuador, estimates that over the next three years the mine will average 400,000 oz. of gold annually….
SolGold reports first resource estimate for Cacharposa deposit in Ecuador
SolGold (TSX: SOLG; LSE: SOLG) has released an initial resource estimate for its Cacharposa porphyry copper-gold deposit, part of the company’s Porvenir project in southern Ecuador, about 100 km south…