Spanish Mountain signs $55M royalty deal with Wheaton
Spanish Mountain Gold (TSX-V: SPA) has inked a $55 million (C$75 million) royalty agreement with Wheaton Precious Metals (TSX: WPM) tied to its namesake project in British Columbia, Canada. The…
Wheaton Precious Metals Corp
Wheaton Precious Metals unveils US$1M tech challenge
Wheaton Precious Metals (TSE: WPM) and Foresight Canada are launching the Future of Mining challenge, offering a US$1-million prize for groundbreaking technology. The competition, which is open to cleantech companies from…
Vista Gold economics, capex edge higher in updated Mt Todd feasibility
Vista Gold (TSX: VGZ; NYSE-AM: VGZ) has released an updated feasibility study for its Mt Todd gold project in Australia that shows slightly better economics at a higher gold price…
Wheaton Precious Metals beefs up streaming portfolio with US$530M spend
Wheaton Precious Metals (TSX: WPM, NYSE: WPM; LSE: WPM) announced on Thursday agreements to acquire existing precious metals royalty streams on Ivanhoe Mines’ (TSX: IVN) Platreef project in South Africa…
Video: Randy Smallwood on gold’s enduring value in a digital age
Precious metals streaming pioneer Randy Smallwood joined The Northern Miner‘s Canadian Mining Symposium, Oct. 12-13 in London, U.K., to discuss gold vs. cryptocurrencies, streaming’s role in supporting critical minerals development,…
TSX drops during May 15-19 trading week
Stocks ended the May 15-19 trading period with a modest drop as investors considered drawn-out negotiations about the U.S. government’s debt ceiling while Canadian and U.S. April retail sales landed…
How to finance early-stage mining projects
Early-stage mining projects should keep financing simple to avoid later entanglements, experts told a conference in New York this month. Raising capital through share issues is the easiest path…
Wheaton adds Lumina’s Cangrejos project gold stream
Wheaton Precious Metals (TSX: WPM; NYSE: WPM) is adding a gold stream from Lumina Gold’s (TSXV: LUM) flagship Cangrejos project to its portfolio of assets, in a deal worth US$300…
Lithium Royalty to issue IPO with eye on Quebec investment
Lithium Royalty, a Toronto-based investor in battery metal producers, is planning to list on the city’s stock exchange to raise capital as it considers opportunities in Quebec for the fast-growing…
Canaccord bullish on gold price, Endeavour, Kinross and Probe
Investment bank Canaccord Genuity is upbeat on the gold price and production margins as recession looms and the United States dollar retreats. It also picks Endeavour Mining (TSX: EDV; LSE:…
Hecla Mining acquires Yukon miner Alexco Resource in all-share deal
American silver producer Hecla Mining (NYSE: HL) has agreed to acquire all shares of Canadian Alexco Resource (TSX: AXU: NYSE-AM: AXU) it doesn’t already own, in a deal that values the target’s…
Wheaton enjoys record 2020 revenue of $1.1B
Wheaton Precious Metals enjoyed record 2020 revenues of $1.1 billion (all figures are U.S. dollars) with 627,063 oz. gold-equivalent sold. The figure includes sales of 367,419 oz. gold, 22,9 million…