Agnico sells out of Orla for $560M
Agnico Eagle Mines (TSX: AEM; NYSE: AEM), Canada’s largest gold miner by output and market value, has sold its 11% stake in Orla Mining (TSX: OLA; NYSE: ORLA) for nearly $561 million…
Canada
Beaver Creek: Gold, $50B copper deal bring reset
Beaver Creek, Colo. – Gold’s fresh record above $3,660 per oz. flashed along with the $50-billion (C$69-billion) Anglo American (LSE: AAL)–Teck Resources (TSX: TECK.A TECK.B, NYSE: TECK) merger announcement Tuesday…
Gold miners dominate this year’s TSX30
Mining companies accounted for over half of the entries on this year’s TSX30 — an annual list of the 30 top-performing names on Canada’s largest stock exchange over a three-year…
Vizsla lines up Macquarie-led $220M for Panuco
Canadian miner Vizsla Silver (TSX, NYSE: VZLA) hired Australia’s Macquarie Bank as lead arranger of a $220 million (C$304 million) maximum financing package for the construction and development of the Panuco…
Centerra buys 9.9% of Liberty to expand Idaho bet
Centerra Gold (TSX: CG, NYSE: CGAU) agreed to buy 9.9% of Liberty Gold (TSX: LGD; US-OTC: LGDTF) for about $28 million to add a stake in a junior miner that’s…
Kinross cuts Asante Gold stake by nearly half
Kinross Gold (TSX: K, NYSE: KGC) has reduced its holding in Ghana-focused Asante Gold (CSE: ASE) by nearly half. It sold 29.9 million Asante shares, about 45% of its holding,…
Pan American assays boost outlook at La Colorada
Pan American Silver (NYSE, TSX: PAAS) reported major drill results from its La Colorada mine in Zacatecas, Mexico, pointing to new high-grade silver veins that could expand mineral resources, extend…
Sitka Gold assays grow Rhosgobel in Yukon
Drilling by Sitka Gold (TSXV: SIG; US-OTC: SITKF) has expanded the Rhosgobel target at one of the largest projects in Yukon, returning results as high as 162 metres grading 1.02…
New Found Gold buys Maritime for $292M
New Found Gold (TSXV: NFG; NYSE-A: NFGC) is acquiring Maritime Resources (TSXV: MAE) in a deal valued at about $292 million (US$212 million) that would create a multi-asset gold producer…
Silver Top 20: Hycroft Mining leads results this year
Our TNM Drill Down features highlights of the top 20 silver assays of the year to June 30. Drill holes are ranked by silver grade times width. Drilling in three…
China’s steel demand share to plunge 36% by 2050
China’s steel consumption is projected to decline steadily over the next decade, marking a structural shift in global demand dynamics, according to a new report from Wood Mackenzie. The country…
Opinion: US mineral strategy turns to Africa
What do Gabon, Guinea-Bissau, Liberia, Mauritania and Senegal all have in common? They’re all countries located along Africa’s west coast. But they’re also small; collectively, these five countries have an…