Barrick, Mali exchange shots in US$500M tax dispute
Barrick Gold’s (TSX: ABX; NYSE: GOLD) negotiations with Mali’s military government appear to have stumbled after both sides issued claims about a Sept. 30 preliminary…
Financial Matters, M&A
Kinross takes stake in Puma Exploration, sending stock up 50%
Kinross Gold (TSX: K, NYSE: KGC) has expanded its exploration footprint in Canada by investing in New Brunswick-focused junior Puma Exploration (TSXV: PUMA) and its…
Wesdome Gold on course for record production year
Wesdome Gold Mines (TSX: WDO; US-OTC: WDOFF) reaffirmed on Thursday that the company remains on track for a record year of production following the release…
Lithium Americas revamps Thacker Pass deal with GM in new US$625M JV
Shares in Lithium Americas (TSX: LAC; NYSE: LAC) jumped by 20.2% on Wednesday after it announced a new, US$625-million joint venture agreement with General Motors…
NexGold, Signal Gold merger aims to create 200,000 oz per year producer
NexGold Mining (TSXV: NEXG; US-OTC: NXGCF) and Signal Gold (TSX: SGNL; US-OTC: SGNLF) have agreed to merge and create a new Canadian gold developer with…
Americas Gold and Silver buys out JV partner Sprott at Galena complex in Idaho
Americas Gold and Silver (TSX: USA; NYSE-AM: USAS) has agreed to buy out its 40% joint-venture partner — an affiliate of Canadian mining investor Eric…
Orion, Allianz among US$15T in funds seeking to boost mining investments for tripling output
A global group of institutional investors including Allianz, Legal & General and Orion Resource Partners wants to attract more funds to the mining industry by…
Mali seeks US$500M from Barrick for past taxes, dividends: Reuters
Authorities in Mali briefly detained four Malian staff members working for Barrick last month.
Iamgold closer to buying back 9.7% stake in Côté gold mine
Iamgold (TSX: IMG; NYSE: IAG) is a step closer to buying back the 9.7% interest in its Côté gold mine in Ontario from Sumitomo Metal…
Aussie investors buy Yorbeau’s Rouyn gold project for $25M
Quebec-focused explorer Yorbeau Resources (TSX: YRB) is selling its flagship Rouyn gold property to a group of Australian investors for $25 million — a move…
Teck steps into Ring of Fire with Canterra option
Teck Resources (TSX: TECK.A and TECK.B; NYSE: TCK) has made its first step into Ontario’s Ring of Fire. The Vancouver-based major has entered into an…
Velocity Minerals sells Bulgarian assets for US$59M
Bulgaria-focused Velocity Minerals (TSXV: VLC; US-OTC: VLCJF) has agreed to sell its Rozino gold project, along with various other assets, in return for US$59 million…