Central banks, de-risking investors power gold price
Central bank buying and investors diversifying away from record stock markets are driving the price of gold to new highs, analysts say. The spot price of gold fell US$26.66 an…
Canada
Mexico’s Supreme Court could strike down president’s mining reforms next week
Once a popular destination for Canadian explorers, Mexico’s recent mining reforms are driving away investment — even as a looming Supreme Court decision is likely to toss out the new…
Video: Argo Digital Gold aims to shake up retail physical metal access
A new investment platform called Argo Digital Gold, backed by the Sprott Family and SCP Resource Finance chair Peter Grosskopf, launched last month to transform how investors interact with gold,…
Ontario program funds Aussie lithium explorer Pioneer
The Ontario government is helping fund Australia-listed Pioneer Lithium (ASX: PLN) for its Root Lake project in the province’s northwest. The Ontario Junior Exploration Program, which pays up to half…
Video: AI to bolster VRIFY platform, CEO says
Exploration tech company VRIFY has introduced artificial intelligence ability to analyze mining companies’ data more efficiently, says co-founder and CEO Steve de Jong. Since its launch in 2016, the platform…
Orecorp saga ends as Silvercorp sells stake to Perseus Mining
Canada’s Silvercorp Metals (TSX: SVM, NYSE: SVM) has officially stepped aside from the race to control Africa-focused gold explorer OreCorp (ASX: ORR), accepting to sell its 15% stake in the company…
Westgold takes ‘prize’ Beta Hunt mine in $1B Karora takeover in Australia
Australia’s Westgold Resources (ASX: WGX; US-OTC: WTGRF) is buying Karora Resources (TSX: KRR; US-OTC: KRRGF) in a $1 billion (A$1.23 billion) cash-and-shares deal to control the jewel in the country’s…
Video: EY analyst warns of industry’s ESG mistrust
The mining industry is re-evaluating environmental, social and governance (ESG) demands due to their perceived burden at odds with prime business goals, says EY Canada’s mining and metals sector leader,…
Equinox targets first gold at Greenstone in May
Equinox Gold (TSX: EQX; NYSE-AM: EQX) says it’s on track to produce first gold at the $1.2 billion Greenstone project in northern Ontario next month after starting ore processing this…
I-80 Gold stock drops on $100M public offering
I-80 Gold (TSX: IAU; NYSE: IAUX) shares fell by over 11% at market open Tuesday after it announced a $100-million equity financing. The units are priced at $1.65 each, comprising…
Video: Triple Flag CEO on why the streaming and royalty model remains so compelling
Royalty and streaming company Triple Flag Precious Metals (TSX: TFPM) has maintained strong growth since it formed eight years ago to fill a need for long-term capital in mining sector,…
Video: World Gold Council’s Cavatoni explains record metal price
The price of gold has broken records because of increased buying by central banks and greater understanding of where inflation and interest rates are headed, Joe Cavatoni, senior market strategist…