Franco-Nevada lands $1B royalty on Iamgold’s Côté
Canada’s Franco-Nevada (TSX, NYSE: FNV) has agreed to acquire a royalty package on the Côté Gold mine in Ontario from a private third party for $1.05 billion in cash. The Toronto-based…
Iamgold
Joint Venture Article: As mining faces rising cyberattacks, strengthen your defences with free training
The mining sector has become a significant target for cyberattacks. An increasingly uncertain political climate, new emerging technologies and more sophisticated criminals have resulted in many headline-making breaches over the…
Is private equity the solution to funding shortfalls?
Private equity’s interest in mining remains robust despite a short-term slump in deals, industry executives and financiers say. Metals and mining transactions involving private equity and venture capital firms fell…
YMP awards $225,000 in mining student scholarships
The 2024 Young Mining Professionals Scholarship Fund has awarded a total of $225,000 to students pursuing mining-related programs at post-secondary institutions across Canada. “This year, a record 30 mining companies…
London Symposium JV Video: Renewed industry push sees Ontario mines power up
Ontario is modernizing its Mining Act to meet business needs, mines minister George Pirie said at a recent London conference. This year, Iamgold (TSX: IMG; NYSE: IAG) began the $3…
London Symposium: ‘Mining must move at the pace of business, not bureaucracy,’ Ontario’s Pirie says
Ontario’s bid to lead in the critical minerals boom in Canada is fuelled with funding increases and deregulation goals in a new mining code. Yet the province must still widen…
Iamgold cuts Westwood reserves by 17% amid mine plan overhaul
Iamgold (TSX: IMG; NYSE: IAG) shares fell Thursday after it cut 202,300 oz., or 17%, off the December 2023 Westwood Complex reserve estimate in Quebec. The downgrade follows new classification…
Iamgold reclaims 70% stake in Côté gold mine
Côté will be Canada’s third-largest gold operation once at full tilt.
Blue Moon acquires two brownfield copper projects in Norway for US$67M
Blue Moon Metals (TSXV: MOON) (OTCQB: BMOOF) says it’s buying two former copper-producing assets in Norway to diversify from its zinc project in California while emphasizing near-term output. The Vancouver-based…
Blue Moon appoints ex-Adventus CEO with M&A record after board shakeup
Blue Moon Metals (TSXV: MOON; US-OTC: BMOOF), a small developer that’s seen a shareholder battle over dilutive capital raisings, has chosen former Adventus Mining CEO Christian Kargl-Simard as its new head. The…
G Mining-Reunion Gold spinout Greenheart raises $36M for exploration
Greenheart Gold (TSXV: GHRT) shares gained 10.5% Friday after it said it had closed a $36-million, upsized private placement to fund exploration at its projects in the Guiana Shield. The…
Blue Moon shareholder battle spotlights shades of grey in junior market
A minority group of shareholders in Blue Moon Metals (TSXV: MOON; US-OTC: BMOOF), which holds a first-resource-stage zinc-silver project in California, says its CEO issued defensive stock offerings that destroyed an…