SolGold secures US$50M royalty funding from Osisko Gold
SolGold (TSX: SOLG; LSE: SOLG) has secured US$50 million in royalty financing from Osisko Gold Royalties (TSX: OR; NYSE: OR), which will help the miner fund the development of its…
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Gold Fields won’t raise offer for Yamana Gold after rival bid
Gold Fields (NYSE: GFI; JSE: GFI) has ruled out the possibility of raising its offer for Yamana Gold (TSX: YRI; NYSE: AUY) after two Canadian miners teamed up last week…
Ontario Snapshot: Eight companies to watch
Ontario is one of the world’s premier mining jurisdictions. Here’s a look at eight companies exploring the province for gold, PGMs, lithium and more. First Mining Gold First Mining Gold…
Industry groups welcome $10B in Ottawa’s budget update
Canada’s major mining industry group and a green energy think tank are welcoming nearly $10 billion spread over tax credits for clean technology, mining project approval improvements, innovation research and…
Ontario Mines Minister Pirie targets red tape for Ring of Fire
Ontario Mines Minister George Pirie, a 35-year mining industry veteran before his election in June, says he plans to consider cutting project red tape “fairly shortly” while encouraging more federal…
Pan American, Agnico Eagle throw wrench in Gold Fields-Yamana deal
Pan American Silver (TSX: PAAS; NASDAQ: PAAS) and Agnico Eagle Mines (TSX: AEM; NYSE: AEM) have announced a rival offer for Yamana Gold (TSX: YRI; NYSE: AUY), throwing Gold Fields’…
Coeur Mining closes southern Nevada asset sale to AngloGold, stock up
Coeur Mining (NYSE: CDE) announced Friday the closing of the sale of its southern Nevada projects to a subsidiary of AngloGold Ashanti (NYSE: AU). Coeur’s southern Nevada portfolio comprises the…
Equinox Partners website names and shames gold mining directors with little skin in the game
Equinox Partners, a long-term value investor, announced Thursday the launch of directorswithoutstock to amplify its investment stewardship policy. The New York-based hedge fund, with over US$700 million in total assets under management with more…
Barrick falls to new 12-month low as Q3 profit drops on lower output, higher cost
Canada’s number-one gold producer Barrick Gold (TSX: ABX; NYSE: GOLD) has reported a sharp drop in third-quarter earnings as lower production and higher costs weighed on its September-quarter financial results….
Lithium Americas to split into two companies
Lithium Americas (TSX: LAC; NYSE: LAC) plans to separate its North American and Argentine businesses into two independent public companies by the end of the year, it said on Thursday.The…
AbraSilver updates resource for Diablillos in Argentina
AbraSilver Resource (TSXV: ABRA) has updated a September 2021 resource estimate for its Diablillos project in Argentina’s Salta province, significantly expanding the high-grade Tesoro zone, which is the highest-grade area…
EDM to modernize mothballed Nova Scotia zinc mine for 2023 restart
Secretariat won the Triple Crown that year, NASA launched Skylab and Watergate intensified.It was 1973, the same year Esso Minerals and Cuvier Mines began developing the Gays River underground zinc…