Gold

Allied Nevada Gold's Hycroft gold mine, 87 km west of Winnemucca, Nevada.  Credit: Allied Nevada Gold

Allied Nevada advances US$1.4B Hycroft plan

VANCOUVER — It’s been a tough year for producer Allied Nevada Gold (TSX: ANV; NYSE-MKT: ANV) as it has moved through lower-grade areas at its flagship Hycroft mine, 87 km west of Winnemucca, Nev. The company is hoping an…




Drillers at an Orbis Gold drill site in Burkina Faso. Credit: Orbis Gold

Semafo amends bid for Orbis Gold

Semafo (TSX: SMF) has amended its bid for 100% of Orbis Gold (ASX: OBS) to A$0.65 per share from its proposal on Oct. 12 of between A$0.62 and A$0.65 per share in a deal now worth A$163.9 million (US$143 million).




Clarification

The story “Probe Mines brings ex-Barrick CEO on board” (T.N.M., Sept. 29-Oct. 5/14),  included analysis of Probe Mines’  (TSXV:PRB)Borden gold project by Mike Hocking, a mining analyst at Scotia Capital. The story…



A truck loaded with concentrate at Fortune Minerals' Revenue silver-gold-lead-zinc mine in southwest Colorado. Credit: Fortune Minerals

Fortune aims for near-term cash flow at Revenue

VANCOUVER — According to president Robin Goad, Fortune Minerals’ (TSX: FT; US-OTC: FTMDF) acquisition of the fully permitted Revenue silver-gold-lead-zinc mine in southwestern Colorado is poised to take the company…



A leaner Coeur Mining boosts returns

Coeur Mining (TSX: CDM; NYSE: CDE) is steadily turning the corporate ship back towards profitability. The largest U.S.-based primary silver producer has spent nearly three years in transition — navigating choppy metal prices and financial…


Drillers at an Orbis Gold drill site in Burkina Faso. Credit: Orbis Gold

Orbis Gold spurns Semafo’s advances

A day after the board of directors of Orbis Gold (ASX: OBS) rejected an unsolicited all-cash takeover offer made on the Thanksgiving holiday weekend from Montreal-based Semafo (TSX: SMF; US-OTC: SEMFF), the Australian mining company released an…


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