Consolidation will continue in the gold sector, B of A says
A new report from Bank of America Securities puts the total deal value of global gold mergers and acquisitions last year at US$20.19 billion — the highest in nine years…
Gold
Harte Gold delivers strong Q4 production, exceeds guidance
Production of 8,017 oz. gold in the fourth quarter from its Sugar zone mine has allowed Harte Gold (TSX: HRT; US-OTC: HRTFF) to exceed its previously revised production guidance of…
Orezone Gold launches $20M bought deal
Burkina Faso-focused developer Orezone Gold (TSXV: ORE) has announced a $20 million bought deal co-led by Canaccord Genuity and PI Financial. The underwriters will purchase a total of 37.1 million…
Chile’s top court backs Barrick in Pascua Lama water case
Chile’s Supreme Court handed another small victory to Barrick Gold (TSX: ABX; NYSE: GOLD) after rejecting an appeal by a local indigenous community asking for a revision of the water…
Sokoman advances Moosehead gold project in Newfoundland
In November 2019, the Canadian Institute of Mining, Metallurgy and Petroleum’s Newfoundland and Labrador branch named Sokoman Minerals (TSXV: SIC) the prospector and explorer of the year for its wholly…
Maverix proves skeptics wrong
In the three and a half years since Geoff Burns cofounded Maverix Metals (TSX: MMX; NYSE-AM: MMX) with CEO Daniel O’Flaherty in July 2016, the royalty and streaming company’s portfolio…
Gold price scales US$1,600 after Iran attacks US military base
Gold futures jumped after reports of rocket attacks on a U.S. military base in Iraq, hitting fresh six year highs. Gold for delivery in February touched US$1,613.30 per oz., up…
Rubicon grows Phoenix resource; feasibility underway
Rubicon Minerals (TSX: RMX; US-OTC: RBYCF) has released updated resources for its Phoenix gold project in the Red Lake gold district of northwestern Ontario, with 811,000 oz. gold in the…
Newmont ‘refreshes brand’, raises dividend 79%
Newmont (TSX: NGT; NYSE: NEM) kicked off the second week of January with an announcement that it is dropping Goldcorp from its name and is also raising its quarterly dividend…
Ascot Resources drills more high grades at Silver Coin in BC
The latest results from the Silver Coin deposit at Ascot Resources’ (TSX: AOT) Premier gold project continue to show high-grade mineralization at this zone. Drill highlights include 7 metres of…
China’s JCHX takes stake in Cordoba Minerals
Cordoba Minerals (TSXV: CDB) says a strategic investment from China’s JCHX Mining Management, which specializes in underground mine development and construction, should close before the end of January. JCHX is…
Doré Copper options Joe Mann gold mine
Recently listed Doré Copper Mining (TSXV: DCMC) has signed an option agreement to acquire 100% of the Joe Mann gold mine in Quebec. The project is 50 km from the…