Asante locks in $635M refinancing, eyes TSXV debut
Asante Gold (CSE: ASE; US-OTC: ASGOF) has secured $470 million (C$635 million) to refinance debt, fund expansion at its Bibiani and Chirano gold mines in…
Gold
Video: New Gold CEO ramps up growth across two assets
New Gold (TSX: NGD; NYSE: NGD) has acquired full ownership of the New Afton copper-gold mine in British Columbia and prepped its new C-Zone to…
Foran assays extend copper zone at McIlvenna Bay
Foran Mining (TSX: FOM; OTCQ-X: FMCXF) cut a highlight result of 21.3 metres grading 1.55% copper at its McIlvenna Bay project in east-central Saskatchewan. Hole…
Video: Cupel Advisory director flags M&A surge, industry image crisis as key trends
A new wave of mergers and acquisitions is rising in the mining sector and single-asset companies might be the first to sell out, Cupel Advisory…
Citi sees gold price falling below $3,000 as rally fades
Citigroup Inc. expects gold prices to decline below $3,000 an oz. in the coming quarters, forecasting a cooldown after this year’s record-setting run. The bank…
Video: Gold miners’ cash flows grow faster than any US sector, Adrian Day says
Puerto Rico–based Adrian Day says retail investors are avoiding gold miner stocks even as the companies generate cash quicker than any other United States sector….
Ecuador reopens mining registry after seven-year freeze
Ecuador has reopened its mining concessions registry for the first time since January 2018, aiming to attract investment, streamline licensing and crack down on illegal…
Augusta offered $50M loan to build Nevada gold mine
Augusta Gold (TSX: G; US-OTC: AUGG) has received a letter from the Export-Import Bank of the United States (EXIM) expressing its interest in providing up…
Video: Exploits Discovery leaps from zero to 680,000 oz gold in Ontario and Quebec
It took about one month for Exploits Discovery (CSE: NFLD; US-OTC: NFLDF) to transform itself from a zero-ounce minnow to holding about 680,000 oz. of…
Dundee Precious Metals to buy Adriatic in $1.25B deal
Canada’s Dundee Precious Metals (TSX: DPM) is acquiring UK-based Adriatic Metals (LSE: ADT1) in a cash-and-stock deal worth $1.25 billion (C$1.7 billion), marking the latest…
Novagold sees Donlin feasibility study by end ’27: CEO
Novagold Resources (TSX: NG) is pressing ahead with an updated feasibility study for its Donlin Gold project in Alaska now that Barrick Mining (TSX: ABX;…
Opinion: Why Canada must step up in mining
My family and I came to Canada from Romania when I was in Grade 9 – newcomers with suitcases in hand, no real plan, and…