Central Nevada Gold on mine hunt: CEO
Privately held developer Central Nevada Gold will look at acquiring other precious metals assets in the state after buying the past-producing Mule Canyon mine from Newmont (NYSE, ASX: NEM; TSX:…
M&A
Gold Fields puts $77M in Suriname-focused Founders
Gold Fields (NYSE, JSE: GFI), one of the world’s largest gold miners, is investing another $77 million (US$55.7 million) to raise its stake in Suriname explorer Founders Metals (TSXV: FDR;…
Arizona Eagle buys three-past producing silver mines
Arizona Eagle Mining (TSXV: AZEM; US-OTC: AZEMF) said it’s acquired about 251,000 sq. metres of land hosting three past-producing high-grade silver mines in Yavapai County, Arizona. The newly acquired properties…
Fortuna buys Barrick, Iamgold project for $200M
Fortuna Mining (NYSE: FSM; TSX: FVI) is buying the Bambadji gold project in Senegal for $200 million (C$279 million) from Barrick Mining (NYSE: B; TSX: ABX) and Iamgold (TSX: IMG;…
Blue Moon adds tungsten, antimony projects for $20.5M
Blue Moon Metals (TSXV: MOON; Nasdaq: BMM) has acquired a set of 33 tungsten and antimony projects in the western U.S., including projects near its Springer complex, among the very…
Sprott backs Sask hydrogen with $10M more
Canadian billionaire Eric Sprott is investing $10 million (US$7.18 million) to increase his stake in Max Power Mining (CSE: MAXX; OTC: MAXXF) and advance its Lawson natural hydrogen project in…
Barrick, Newmont settle dispute with $1.9B deal
Nevada settlement clears a hurdle for Barrick’s North American IPO as rising costs and leadership scrutiny weigh on the miner.
US investor group taps Glencore in bid for Sherritt
A U.S. investor group that includes Glencore (LSE: GLEN) is offering to recapitalize Sherritt International (TSX: S) and acquire control of the beleaguered miner whose survival is in doubt following…
NGEx to spin out South American exploration company
NGEx Minerals (TSX: NGEX; US-OTC: NGXXF) plans to spin out its Valle Ancho copper-gold project into a new company – a move that will let the Canadian developer concentrate on…
Top 10 global miners: Zijin’s expansion pays off
Zijin Mining’s (SSE: 601899; SEHK: 2899) expansion strategy paid dividends as the Chinese miner topped global peers located outside North America and Australia for market capitalization. Attributable net income for 2025 jumped 62% to a…
US-backed Orion eyes stake in Tanzania nickel mine
A deal would help Lifezone finance the $940 million Kabanga project and advance US efforts to secure critical minerals.
De Beers’ $18B diamond empire could fetch $1B
De Beers, the former diamond monopoly once valued at more than $18 billion (C$25 billion), could sell for about $1 billion as Anglo American (LSE: AAL) nears a deal to…