Agnico Eagle exploration spending to hit record US$163M in 2021
Agnico Eagle Mines (TSX: AEM; NYSE: AEM) is on track to set a record with its 2021 exploration spending. This year’s budget is now US$163 million, compared to US$113 million…
Agnico Eagle Mines (TSX: AEM; NYSE: AEM) is on track to set a record with its 2021 exploration spending. This year’s budget is now US$163 million, compared to US$113 million…
Canadian miners minimized disruption at the start of the Covid-19 pandemic by acting quickly and decisively, leaving many in a good position to benefit from rising commodities prices, particularly gold,…
Shareholders of both Fortuna Silver Mines (TSX: FVI; NYSE: FSM) and Roxgold (TSX: ROXG) have approved the business combination of the companies in an all-share deal valued at about $1 billion (US$884.3 million) The deal, first announced…
Fortuna Silver Mines (TSX: FVI; NYSE: FSM) is buying Roxgold (TSX: ROXG; US-OTC: ROGFF) in an all-share deal valued at about $1 billion (US$884.32 million), as strong gold prices spurs a wave…
Shandong Gold Mining, one of China’s top bullion miners, said its acquisition of a Canadian junior that owns the massive Hope Bay property in Nunavut should be approved for economic…
Precious metals streaming and royalty company Maverix Metals (TSXV: MMX) forecasts it will exceed its previously announced guidance for the year of 18,000 to 19,000 gold-equivalent ounces. In the third…
TMAC Resources (TSX: TMR) posted a net loss of $10.3 million (11¢ per share) in the second quarter and warned there might be a risk of breaching certain debt covenants…
With metal prices on the rise, mineral projects and mines in the Far North are once again becoming more attractive, and companies are devoting more funds this year to work…
The S&P/TSX Composite Index rose 0.32% to finish the trading week at 15,857.22. The S&P/TSX Global Mining Index and the S&P/TSX Global Gold Index moved in the opposite direction, falling…
The U.S. Federal Reserve’s decision to hold interest rates steady sent Canada’s benchmark index up 1.7% to 14,697.93 and the gold price up 2.1% to US$1,337.10 per ounce. The S&P/TSX…
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