Victoria Gold CEO says company won’t fold, contamination minor
Victoria Gold (TSXV: VGCX) says the danger of major contamination from its Eagle mine in the Yukon has passed and the company is financially solvent for now. CEO and president…
Gold
Silvercorp drops objection to Adventus deal in wake of Ecuador court ruling
Silvercorp Metals (TSX: SVM; NYSE-AM: SVM) says it will proceed with its $200-million deal to acquire Adventus Mining (TSXV: ADZN), after a court challenge to the junior’s 75%-owned El Domo-Curipamba…
Video: Sandstorm Gold’s output set to double in five years, CEO says
Sandstorm Gold Royalties (TSX: SAND; NYSE: SAND) expects to double production to around 160,000 oz. gold yearly over the next five years, co-founder and CEO Nolan Watson said in an…
BHP, Lundin grab Filo in US$3B South American copper deal
Mining giant BHP (NYSE: BHP; LSE: BHP; ASX: BHP) and Canada’s Lundin Mining (TSX: LUN) have teamed up to acquire South America-focused Filo Corp. (TSX: FIL), in a US$3-billion ($4.1…
Podcast: ‘Our people can’t trust the land’—Chief Dawna Hope on Victoria Gold’s ongoing heap leach pad failure
This week’s episode features Chief Dawna Hope of the First Nation of Na-Cho Nyäk Dun in conversation with host Adrian Pocobelli. Chief Hope discusses her experience dealing with the heap…
Video: Mining faces cash crunch following decades of neglect, Grosskopf says
Undervaluation remains a persistent issue for mining companies, particularly juniors, compared to other sectors like technology and biotech, SCP Resource Finance chairman Peter Grosskopf said in an interview this month….
First Majestic discovers gold-silver veins at Ermitaño in Mexico
First Majestic Silver (TSX: AG; NYSE: AG) says it’s found a new gold and silver mineralized system it’s calling Navidad next to its Ermitaño mine in Mexico. Drill result highlights…
Controversial Japanese gold mine designated as UN heritage site
A Japanese gold mine that operated for four centuries but had a dark past of exploiting Korean labourers has been added to the UNESCO cultural heritage site list after Tokyo…
Eldorado inks deal to earn 80% of Newfoundland project
Eldorado Gold (TSX: ELD; NYSE: EGO) has inked an option deal with TRU Precious Metals (TSX: TRU) to acquire a major stake in the junior’s Golden Rose gold-copper project, in…
Integra secures cash flow with Florida Canyon merger
A $95 million deal that would see Integra Resources (TSXV: ITR) acquire Florida Canyon Gold (TSX-V: FCGV) gives it producer status and immediate revenue to fund its pipeline of development…
Horizon Minerals to become Australia’s newest gold producer
Horizon Minerals (ASX: HRZ) is going ahead with development of the Boorara gold mine in Western Australia, located only 10 km east of Northern Star Resources’ Super Pit gold mine,…
Yukon hires contractors to aid Eagle cleanup
The Yukon government is taking over more tasks in the cleanup effort at Victoria Gold’s (TSXV: VGCX) Eagle mine, as the company has missed more conditions of the remediation plan….