London Symposium: Rule, Roosen call for smarter junior mining investment
“No one ever won the Kentucky Derby with the best jockey on a donkey,” Osisko Development (TSXV: ODV; NYSE: ODV) founder and CEO Sean Roosen told an industry event last…
M&A, Financing and Restructuring
Energy Fuels MOU with Madagascar unlocks path for US$2B Toliara project
Energy Fuels (TSX: EFR; NYSE: UUUU) has an initial agreement with Madagascar clearing the way for a final investment decision on its US$2-billion Toliara critical minerals project by early 2026. …
G2 Goldfields advances G3 spin-out of Guyana assets
G2 Goldfields (TSX: GTWO; US-OTC: GUYGF) plans to seek shareholder approval to spin out its non-core Guyanese assets into a new company, G3 Goldfields, as an updated resource for its…
Platinum Group partners with Saudi firm for smelter amid South African export hurdles
Canada’s Platinum Group Metals (TSX: PTM; NYSE-AM: PLG) is working with Saudi Arabia and a Riyadh-based partner to build a smelter and refinery in the Middle East country. But they…
Mining CEO salaries rise, but gender diversity remains elusive, Bedford report finds
Chief executive base salaries in the mining industry increased between 2% and 12% in 2023, according to the Bedford Group/TRANSEARCH’s 2024 Board and Executive Compensation Report. Companies with assets under…
Anglo American sells coal mines to Peabody for US$3.8B
The move is the first of four big asset divestments Anglo announced in May, after it fought off a $49bn hostile takeover attempt from BHP.
Filo expands copper-gold Aurora Zone in Argentina amid $4.1B sale
Filo Corp. (TSX: FIL) said Friday new drill results from its Filo del Sol project in Argentina add scale and grade. The results come as the company works to complete…
White Gold grows Yukon resource base
White Gold (TSXV: WGO; US-OTC: WHGOF) reported an 18.5% rise in inferred and a 4.3% increase in indicated resources at its Yukon project, conceived by co-founder and veteran prospector Shawn…
Marvel Gold’s sale of Mali assets falls through
Australia’s Marvel Gold (ASX: MVL) announced on Wednesday that the planned sale of its gold projects in Mali will not proceed as intended due to recent developments affecting miners operating…
Sayona, Piedmont to create lithium giant in US$623M merger
Australia’s Sayona Mining (ASX: SYA) is buying U.S.-based Piedmont Lithium (ASX: PLL; NASDAQ: PLL) in an all-stock deal that will consolidate their Canadian operations and boost the merged firm’s exposure to the…
Permitting delays impact BC projects valued at $38B, AME says
British Columbia’s exploration sector has over 60 critical mineral projects waiting for permits. It’s a $38-billion pileup of economic opportunities, some waiting indefinitely, Association for Mineral Exploration (AME) president and…
Orla Mining expands to Canada with US$850M Newmont mine buy
Orla Mining (TSX: OLA) is buying Newmont’s (NYSE: NEM) Musselwhite gold mine in Ontario for US$850 million, enabling it to more than double production of the precious metal as prices…