Sanu Gold rises as Montage, Lundin maintain backing
Sanu Gold (CSE: SANU; US-OTC: SNGCF) shares hit their highest level in two years on Tuesday after the West Africa-focused junior announced a private placement backed by Montage Gold (TSXV:…
Gold
Thor Explorations rises on dispute win in Nigeria
Thor Explorations (TSXV, AIM: THX) rallied on Wednesday after an inter-ministerial committee in Nigeria dismissed allegations of business malpractice against the Canadian miner. According to a report released by the…
New Found Gold plummets on first resource
Shares in New Found Gold (TSXV: NFG, NYSE: NFGC) plunged nearly a third on Tuesday after the explorer posted a long-awaited initial resource for its Queensway project in Newfoundland that missed expectations. The project…
Silver Storm gains strength, nearly doubles tonnes at La Parrilla in Mexico
A resource update for Silver Storm Mining’s (TSXV, US-OTC: SVRS) La Parrilla project in east-central Mexico almost doubles its indicated tonnage, spurring Red Cloud Securities to start coverage on Tuesday….
Torex Gold begins copper production at Media Luna
Canadian bullion producer Torex Gold Resources (TSX: TXG) has achieved first production of precious metal-rich copper concentrate at its Media Luna mine, part of the company’s Morelos Complex in Mexico’s…
Gold Road rejects $3B takeover bid from Gold Fields
Australia’s Gold Road Resources (ASX: GOR) has rejected a A$3.3 billion (C$2.97 billion) takeover bid from South Africa’s Gold Fields (JSE, NYSE: GFI), calling the offer “highly opportunistic” and saying it undervalued…
Northern Dynasty jumps as Trump order spurs Pebble project optimism
Northern Dynasty’s shares jumped 32% on hopes Trump’s order could fast-track the Pebble project in Alaska.
Anglo Asian mines first ore from Gilar
The Gilar underground deposit is part of Anglo Asian’s Gedabek operation in Azerbaijan.
Gold dominates mining M&A again in 2024: S&P Global
Gold was once again the dominant theme of mergers and acquisitions (M&A) deals within the precious and base metals mining space in 2024, accounting for 70% of the year’s transaction…
Canadian miners weigh Australian dual listings
Canadian mining companies are exploring dual listings on the Australian Stock Exchange amid weak domestic liquidity, according to analysts and companies. Since 2018, there have been a few dual listings…
BC exploration rules disappointing: AME
A new British Columbia consultation framework for mineral claims fails to address key industry concerns and runs the risk of scaring off investors, the provincial association of prospectors said. B.C….
PDAC JV video: Mandalay aims for low-cost, mid-tier status, CEO says
Mandalay Resources (TSX: MND) aims to triple output to as much as 300,000 to 500,000 oz. by 2030, CEO Frazer Bourchier said in Toronto. The company produces about 100,000 oz….