US markets rise, Dec. 27-31
The Dow Jones Industrial Average rose 387.74 points or 1.08% to finish the trading week at 36,338.30 and the S&P 500 gained 40.39 points or 0.86% to 4,766.18. Spot gold…
Newmont
Newmont raises US$1B through mining industry’s first sustainability linked bond
Newmont (TSX: NGT; NYSE: NEM) has closed the mining industry’s first sustainability-linked bond, raising net proceeds of US$992 million in a registered $1 billion public offering of senior notes issued…
GMS: Between fund managers and miners, much value left on the floor, says Barrick’s Mark Bristow
The global gold mining industry is generally caught between a rock and a hard place when it comes to the disconnect between fund managers and the business of producing sustainable…
Sumitomo makes strategic investment in Kenorland Minerals
With the news of Sumitomo becoming a significant shareholder, shares of Kenorland Minerals surged.
Peru central bank warns against anti-mining protests
A rising wave of anti-mining protest in Peru, which has paralyzed several operations in the world’s second largest copper producing country in the last few months, is already affecting investors’…
Barrick shifting into growth gear says CEO Mark Bristow
Since the merger of Barrick Gold (TSX: ABX; NYSE: GOLD) and Randgold Resources early in 2019, the new gold major appears to be completing a full circle under the leadership…
First Labola resource underpins the making of a new regional explorer
Exploration and mine development company Diamond Fields Resources (TSXV: DFR) says a privately held company it intends to acquire has completed an initial resource estimate on the Labola gold project…
Barrick Gold says mining at Pueblo Viejo would end without TSF
Barrick Gold (TSX: ABX; NYSE: GOLD), the world’s second-largest producer of the precious metal, warns that mining at its Pueblo Viejo operation in the Dominican Republic could finish this year if a new tailings storage facility…
Agnico Eagle and Kirkland Lake Gold merger likely the last major deal in Canada
The mega-merger of Agnico Eagle Mines (TSX: AEM; NYSE: AEM) and Kirkland Lake Gold (TSX: KL; NYSE: KL; ASX: KLA) unveiled to the market on September 28 “makes a lot…
Nevada Gold Mines enters earn-in on Ridgeline’s Swift gold project
The Swift project is a district-scale land package located in the Cortez district.
Azimut’s Patwon appears to be widening at depth
Quebec-focused project generator Azimut Exploration (TSXV: AZM) expects the mineralized intrusion underpinning the Patwon discovery of 2019 to widen and increase in grade at depth, president and CEO Jean-Marc Lulin…
i-80 Gold to create Nevada complex through asset exchange with Nevada Gold
U.S.-focused gold miner i-80 Gold (TSX: IAU; US-OTC: IAUCF) has inked a deal with Nevada Gold Mines that will help it create a major mining complex in the precious metals-rich state…