Video: Iamgold pursues ‘Canada-first’ strategy, CEO says
Iamgold (TSX: IMG; NYSE: IAG) is shifting its focus to Canadian production, president and CEO Renaud Adams said. Franco-Nevada (TSX, NYSE: FNV) last month acquired a 7.5% net profit interest…
M&A, Financing and Restructuring
Dundee Precious Metals to buy Adriatic in $1.25B deal
Canada’s Dundee Precious Metals (TSX: DPM) is acquiring UK-based Adriatic Metals (LSE: ADT1) in a cash-and-stock deal worth $1.25 billion (C$1.7 billion), marking the latest in a wave of foreign…
Opinion: Why Canada must step up in mining
My family and I came to Canada from Romania when I was in Grade 9 – newcomers with suitcases in hand, no real plan, and no exposure to mining –…
JV video: Quebec links investors, communities in mining development push
Quebec has established a network of agencies, implemented legal reforms and developed AI tools to speed up the development of critical minerals projects, strategic advisor Jonathan Lafontaine says. The package…
JV video: Equity Metals tests Silver Queen porphyry in BC
Equity Metals (TSXV: EQTY) plans to push its Silver Queen resource in British Columbia past 100 million oz. gold-equivalent in the near term, vice-president for exploration Robert Macdonald says. Since…
JV video: Sun Summit to double 2024 drill metres at Toodoggone JD prospect
Fresh from closing a $10 million placement last week, Sun Summit Minerals (TSXV: SMN; US-OTC: SMREF) is preparing to speed up drilling at its JD-Theiry gold-silver project in British Columbia’s…
JV video: Assays, new deal drive Maple Gold Mines 2.0
Maple Gold Mines (TSXV: MGM) president and CEO Kiran Patankar says this year’s drill results have put the company on a new path. The Vancouver-based company has restructured its joint…
Abu Dhabi’s IRH spends $500M to control Alphamin tin
Abu Dhabi’s International Resources Holding (IRH) is acquiring a majority stake in Alphamin Resources (TSXV: AFM) to access the Bisie tin mine, one of the world’s largest and highest-grade deposits…
Guatemalan Xinka oppose Pan Am silver mine restart
A Xinka Indigenous delegation visiting Canada from Guatemala had a clear message for Escobal mine owner Pan American Silver (TSX, Nasdaq: PAAS): “No.” Escobal, suspended since a 2017 Guatemalan Supreme…
AngloGold sells Brazil mine to Aura for $76M
AngloGold Ashanti (NYSE: AU; JSE: ANG) is selling its stake in Mineração Serra Grande (MSG) gold mine in central Brazil to Latin America-focused Aura Minerals (TSX: ORA) for $76 million….
Diamond mining industry cracks under pressure
The global diamond industry is rapidly collapsing, with plunging revenues, halted operations, and doubts about its relevance.
Harmony Gold buys MAC Copper for $1B
Harmony Gold (JSE: HAR; NYSE: HMY), South Africa’s top gold producer by volume, has agreed to acquire MAC Copper (ASX: MAC; NYSE: MTAL) for $1.03 billion, accelerating its strategic shift…