South America





The plant at Guyana Goldfields’ Aurora gold mine in Guyana. Credit: Guyana Goldfields.

Silvercorp walks away from Guyana Goldfields bid

Silvercorp Metals (TSX: SVM; NYSE: SVM) has decided not to match a third-party superior bid for Guyana Goldfields (TSX: GUY), and said that if the takeover target terminates an agreement…



Agnico Eagle Mines’ Goldex gold mine in the Abitibi region of northwestern Quebec. Credit: Agnico Eagle Mines.

Top 10 Canadian miners by market cap

The Northern Miner presents the top-10, Canada-headquartered mining companies by market capitalization as of late-June, 2020. 1. Barrick Gold Market cap: US$46.56 billion Barrick Gold (TSX: ABX; NYSE: GOLD) has…


Lumina Gold extends mine life at Cangrejos

An updated preliminary economic assessment (PEA) for Lumina Gold‘s (TSXV: LUM; US-OTC: LMGDF) Cangrejos gold-copper project in southern Ecuador has added nine years to the mine life and improved economics…



Rory’s Knoll pit in 2016, shortly after Guyana Goldfield began production at its Aurora gold mine in Guyana. Credit: Guyana Goldfields.

Bidding war heats up for Guyana Goldfields

Takeover target Guyana Goldfields (TSX: GUY) said it has received a proposal from a “foreign-based multinational miner” valuing the company at $323 million (US$240 million), which is 35% higher than…




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