Ontario Snapshot: Eight companies to watch
Ontario is one of the world’s premier mining jurisdictions. Here’s a look at eight companies exploring the province for gold, PGMs, lithium and more. First Mining Gold First Mining Gold…
Evolution Mining
Harte Gold seeks creditor protection as Silver Lake closes in
Troubled Canadian miner Harte Gold (TSX: HRT) has been granted creditor protection after putting its Sugar Zone gold mine into production without a feasibility study two years ago and later failing…
UPDATED: Osisko Mining raises $154M for Windfall, plans JV with Australia’s Northern Star
Osisko Mining (TSX: OSK) has signed an agreement with Australia’s Northern Star Resources (ASX: NST) to raise $154 million for continued work on its Windfall gold project 200 km north…
Glencore to divest interest in Ernest Henry mine with sale to Australia’s Evolution Mining
Swiss commodity giant Glencore (LSE: GLEN) is selling its stake in the Ernest Henry copper-gold mine in Queensland, Australia to Evolution Mining (ASX: EVN) for A$1 billion ($916.5 million) in…
Evolution Mining divests Mt Carlton for up to US$65M
Australia’s Evolution Mining (ASX: EVN) is selling its Mt. Carlton gold mine in Queensland to Navarre Minerals (ASX: NML) in a deal worth up to A$90 million (US$65 million). The…
La Mancha launches US$1.4 billion gold mining fund
La Mancha Holdings, owned by Egyptian billionaire Naguib Sawiris, has unveiled a US$1.4 billion fund to hold the magnate’s gold mining investments and pursue new opportunities in the sector. The…
Q&A: Evolution Mining to acquire Kundana assets from Northern Star Resources
Evolution Mining (ASX: EVN) announced on July 22 that it is acquiring assets from Northern Star Resources’ (ASX: NST), most of which are within eight km of its Mungari mine…
Evolution Mining is on a roll
When Jake Klein spoke about Evolution Mining at the Northern Miner’s Global Mining Symposium in May, the company’s founder and executive chairman emphasized that his team was “continually looking to…
Global Mining Symposium: Evolution Mining’s Jake Klein on margins over volume
In the first six months of fiscal 2021, Evolution Mining (ASX: EVN) banked over 50% of every ounce of gold it produced in terms of its EBITDA margins, posted a…
JV Article: Trillium Gold and the resurgence at Red Lake
Imagine the value of 50 gold mines along the same stretch of highway. Current worth compared to historical value is what sparked Trillium Gold Mines (TSXV: TGM) CEO Russell Starr’s…
Trillium Gold bets on high-grade projects in Ontario’s Red Lake district
A year ago Russell Starr was senior vice president of corporate finance at Auryn Resources (now Fury Gold Mines) and slated to take charge of its Peruvian assets in a…
Evolution to acquire Battle North in $343M all-cash deal
Australia-based producer Evolution Mining (ASX: EVN) is acquiring Red Lake-focused gold developer Battle North Gold (TSX: BNAU) in a $343-million, $2.65 a share, all-cash deal. The two companies have entered…