Agnico now owns 94% of O3, extends offer to Feb 3
Agnico Eagle Mines (TSX: AEM) has moved one step closer to its planned takeover of O3 Mining (TSXV: OIII). Toronto-based Agnico, the second-largest gold miner by stock market value, has acquired…
Eldorado Gold
London Symposium JV Video: Major backers drive exploration push at Brixton Metals’ BC assets
Brixton Metals (TSXV: BBB; US-OTC: BBBXF) has sharpened its focus on the massive Thorn project in northwestern British Columbia, aiming to find large-scale copper-gold porphyry deposits, a London event heard….
London Symposium Video: New unified global sustainability standard to roll out by 2026, panel hears
Global mining groups aim to launch a single sustainability standard by early 2026 to simplify reporting and address industry challenges, an event in London heard this month. The International Council…
O3 Mining shares surge on $204M Agnico Eagle takeover offer
O3 Mining (TSXV: OIII) shares soared 55% Thursday morning after it signed an agreement for Agnico Eagle Mines (TSX: AEM; NYSE: AEM) to acquire it for about $204 million. The…
JV Article: Wall of Water fire suppression system protects mines from raging forest fires
An Ottawa-based company has developed a new fire prevention technology for mines and exploration camps susceptible to the increasing prevalence of forest fires. The patented fire prevention technology, described by…
Eldorado funds Brixton Metals’ BC gold quest
Mid-tier producer Eldorado Gold (TSX: ELD) is pledging nearly $6.5 million to advance Brixton Metals‘ (TSXV: BBB; US-OTC: BBBXF) search for the source of river gold that once produced a…
G Mining buys Reunion’s Oko West gold project in Guyana for $875M
Montreal-based G Mining Ventures (TSX: GMIN; US-OTC: GMINF) is expanding its South American holdings by taking over Reunion Gold’s (TSXV: RGD; US-OTC: RGDFF) Oko West gold project in Guyana in…
Video: Eldorado Gold geared for growth as Skouries build progresses
Eldorado Gold (TSX: ELD; NYSE: EGO) expects its production profile to swell about 45% over the next four years to 703,250 oz. gold per year, CEO George Burns says. The…
Eldorado Gold buys 9.9% of Amex Exploration to boost Perron project in Quebec
Eldorado Gold (TSX: ELD; NYSE: EGO) is buying almost 10% of Amex Exploration (TSXV: AMX; US-OTC: AMXEF) to advance the Perron gold project in the same northern Quebec district as…
Site visit: O3 Mining preps to be new node in Val-d’Or ‘circular economy’
Val-d’Or, Que. – Look towards the horizon from the viewing tower at Parc Belvédère in Val-d’Or, Que., and it’s just visible where a new kid on the block wants to…
Credit rater Fitch upbeat on gold majors’ resilience amid hazy markets
Fitch Ratings of London has issued a stable credit outlook for global gold producers, citing their strong financial metrics and debt reduction despite higher inflation, interest rates and geopolitical risk….
Eldorado secures 80% of Skouries gold-copper project funding
Canada’s Eldorado Gold (TSX: ELD, NYSE: EGO) said on Wednesday it had secured previously announced €680 million (about $999 million) in financing facility for the development of its long-delayed Skouries…