BMO cautions against excess gold sector royalty deals
A trend among gold developers to write royalties as a strategy to raise investor value amid a stifled financial market carries high risks, a new BMO Capital Markets report found…
Europe
EU adds Alrosa and CEO to sanctions list
The European Union has added top diamond producer Alrosa as well as its CEO, Pavel Alekseevich Marinychev, to its sanctions list. The EU’s foreign policy chief Josep Borrell announced the ban…
The Northern Miner’s top 10 most clicked stories of 2023
As we start 2024, The Northern Miner takes a look back at the top 10 most-clicked stories on our website in 2023. No. 1: Video – Robert Friedland warns we’re ‘on the…
Analysis: Gold set for further record prices in 2024 and 2025
Gold prices have been setting annual records for the past three years. They are expected to set further records in 2024 and 2025, as the world struggles with a host…
Tracking the lithium offtake deal landscape worldwide
Car companies are forging new relationships with miners for lithium supply, and in some cases governments are also providing funds to advance these critical projects. Here’s a look at some…
Kazakhstan exports most uranium in eight years
Kazakhstan, the world’s leading uranium producer, has reported its highest sales of the nuclear fuel since 2015 driven mainly by China’s increase in demand as it rivals France for the…
Agnico Eagle invests in Finland-focused FireFox Gold
Agnico Eagle Mines (TSX: AEM; NYSE: AEM), the third-largest gold miner by market value, is buying a stake of junior FireFox Gold (TSXV:FFOX; US-OTC:FFOXF) that may progress to a joint…
Explainer: Naked short selling
This “explainer” is intended to supplement to this recently published story on illegal short selling. Covered vs. naked “Covered” short selling is a legal way to profit in a falling…
Barsele takes over Gold Line while advancing Agnico-led project in Sweden
Barsele Minerals (TSXV: BME; US-OTC: BRSLF) is buying Gold Line Resources (TSXV: GLDL; US-OTC: TLLZF) in an all-share deal to consolidate projects in Sweden and Finland, the companies said on Wednesday. Gold Line…
Eldorado Gold shares fall on lower Lamaque reserves
Shares in Eldorado Gold (TSX: ELD; NYSE: EGO) fell on Wednesday after the company announced a 5% decrease this year in proven and probable gold reserves at specific assets within…
Anglo American’s falling shares fuel takeover rumours
Speculation about Anglo American (LSE: AAL) becoming the target of a takeover by a rival or a private equity firm keeps mounting, as shares in the diversified miner continue to…
Dundee tallies 1.8M oz gold resource less than a year after Čoka Rakita discovery
Dundee Precious Metals (TSX: DPM) has released its first resource for a discovery it made less than a year ago — its Čoka Rakita project in eastern Serbia. The initial…