Contango Ore agrees $812M deal to buy Dolly Varden
Contango Ore (NYSE-A: CTGO) agreed to buy Canada’s Dolly Varden Silver (TSX-V: DV; NYSE-A: DVS) to create a mid-tier silver and gold producer by adding…
Financing
Gold Royalty adds BHP’s Brazil mine in $70M deal
Gold Royalty (NYSE-A: GROY) has agreed to buy an existing royalty on the Pedra Branca mine held by BlackRock World Mining Trust for $70 million…
DRC rail line may get $1B from U.S. finance agency
The United States may offer as much as $1 billion to revamp a rail line in central Africa that could help facilitate critical minerals shipments…
London Symposium: Japan Gold seeks new partners
Japan Gold (TSXV: JG; US-OTC: JGLDF) has begun talks with various investors looking to jointly explore for gold and develop mines in the Asian country…
Appian backs Atlantic’s Barrick mine buyout with $150M
U.K. private-equity firm Appian Capital Advisory said on Wednesday it has provided a US$150 million financing package to support the Atlantic Group’s buyout of a…
Kimberley Process stalls again on conflict diamonds
The Kimberley Process (KP) has failed for a third straight year to agree on an expanded definition of conflict diamonds after a five-day plenary in…
Highland Copper exits White Pine project for $30M
Highland Copper (TSXV: HI) is selling its 34% stake in the White Pine North project to private equity firm Kinterra, its joint venture partner, to…
US EXIM to invest $100B in mining, energy
The U.S. Export-Import Bank (EXIM) plans to invest $100 billion in support of the Trump administration’s strategy of striving for global energy dominance, according to…
Scottie finds ‘good financing market’ for BC gold project
Scottie Resources (TSXV: SCOT; US-OTC: SCTSF) is raising money to advance its eponymous gold project in British Columbia’s Golden Triangle after releasing an initial economic…
MP Materials soars on Saudi rare earth JV
MP Materials (NYSE: MP) has teamed up with the U.S. Department of Defense to form a joint venture in Saudi Arabia with Maaden, the kingdom’s…
Americas Gold expands Idaho presence with $65M deal for historic mine
Americas Gold and Silver (TSX: USA; NYSE-A: USAS) is paying $65 million to acquire privately owned Crescent Silver and its past-producing mine in Idaho as…
Gold Fields doubles Windfall capex to $1.9B
Gold Fields (NYSE, JSE: GFI) says developing the Windfall gold project in Quebec still makes sense even though it may cost more than double a…