Tianqi Lithium to sell stake to raise cash
Tianqi Lithium, China’s top producer of the battery metal, says its controlling investor has put a sixth of its holding up for sale. The move, the Shenzhen-listed lithium miner said…
South America
US markets fall, May 11-15: Franco-Nevada, Hecla, Coeur, Newmont
As decisions about reopening businesses continued to vary from state to state in the U.S., the Dow Jones Industrial Average fell 2.73% to 23,685.42, while the S&P 500 dropped 2.31%…
TSX rises, May 11-15: Victoria Gold, Loncor Resources, Guyana Goldfields, First Quantum
After starting the May 11-15 trading week with some gains, the S&P/TSX Composite Index closed down 2.24% to 14,638.90. Spot gold continued to rise, ending the week at US$1,742.20 per…
JV Article: Tempus Resources funds gold exploration in Canada and Ecuador with A$4M raise
Australia-based Tempus Resources (ASX: TMR) has raised A$4 million (US$2.6 million) in a private placement to fund exploration work at its Blackdome-Elizabeth project in B.C., Canada and at its Zamora…
Guyana Goldfields rejects Gran Colombia merger offer, supports Silvercorp bid
Guyana Goldfields (TSX: GUY; US-OTC: GUYFF) has rebuffed an unsolicited proposal from Gran Colombia Gold (TSX: GCM; US-OTC: TPRFF) for an all share, three-way merger that includes Gold X Mining…
South America Snapshot: Eight companies active in the region
South America’s prospective geology, established mining jurisdictions and well-developed infrastructure encourage companies to explore, develop and operate projects in the region. Below, we provide an overview of eight companies with…
Gran Colombia proposes merger with Guyana Goldfields following Silvercorp bid
Gran Colombia Gold (TSX: GCM; US-OTC: TPRFF) has emerged as the latest suitor eyeing Guyana Goldfields (TSX: GUY; US-OTC: GUYFF) in a recently tabled three-way merger proposal that includes its…
SSR Mining and Alacer Gold to merge in all-share deal
Executives at SSR Mining (TSX: SSRM; NASDAQ: SSRM) and Alacer Gold (TSX: ARR; ASX: AQG) started talking about a possible merger of the two companies in November 2019, and completed…
SolGold scores US$150M funding deal from Franco-Nevada
Ecuador-focused SolGold (TSX: SOLG; LSE: SOLG) has secured up to US$150 million from streaming company Franco–Nevada (TSX: FNV; NYSE: FNV), which it will use to develop its Alpala copper-gold project….
Barrick reports strong Q1; withdraws guidance for Porgera
Barrick Gold (TSX: ABX; NYSE: GOLD) has withdrawn its 2020 guidance for its 47.5%-owned Porgera mine after placing it in temporary care and maintenance on April 27. Work was halted…
INV Metals revises feasibility study on Loma Larga in Ecuador
INV Metals (TSX: INV) moved into Ecuador seven years ago when it acquired a 100% interest in the Quimsacocha concession from Iamgold (IMG: TSX) in an all-share deal valued at…
Equinox Gold tables PEA for underground development at Aurizona
Equinox Gold (TSX: EQX; NYSE-AM: EQX) has released the results of a preliminary economic assessment (PEA) on an underground development within its Aurizona mine site in northeastern Brazil. The early-stage…