Centerra backs Dryden Gold with $3.4M for 9.9% stake
Ontario-focused Dryden Gold (TSXV: DRY; USOTC: DRYGF) received a boost on Tuesday after it said Centerra Gold (TSX: CG; NYSE: CGAU) will be taking up a 9.9% equity stake in…
Gold
London Symposium: Rule, Roosen call for smarter junior mining investment
“No one ever won the Kentucky Derby with the best jockey on a donkey,” Osisko Development (TSXV: ODV; NYSE: ODV) founder and CEO Sean Roosen told an industry event last…
Namib Minerals’ to debut on Nasdaq after US$500M deal for Zim gold mines
Namib Minerals is to become the next Nasdaq-listed gold miner after Africa’s largest-ever shell company acquisition, which concerns a mine and three past-producing projects in Zimbabwe. The proposed US$500-million merger with…
London Symposium: Beaty, McEwen, O’Toole urge mining firms to lead climate crisis fight
Sustainable mining must be the new normal to boost earnings and convince a skeptical public about the industry’s importance to combat global warming as the world enters a metals trade…
Torex Gold plunges after gas leak kills three at Mexican underground mine
Torex Gold Resources (TSX: TXG) says a fatal carbon monoxide gas leak at its El Limón Guajes (ELG) underground mine in Guerrero state, Mexico has claimed the lives of three…
Quebec appeals ruling that scuttles online mapping claims due to Indigenous rights
In many mining jurisdictions across Canada, exploration companies can go online to a government-maintained web portal and designate on a map the claims they wish to explore. By clicking and…
SSR to be 3rd-biggest US gold miner with Cripple Creek & Victor deal
The miner announced the acquisition of CC&V in Colorado from Newmont on Friday.
Wheaton strikes US$175M streaming deal for Ethiopia’s first commercial gold mine
Wheaton Precious Metals (TSX: WPM; NYSE: WPM) has reached a streaming deal with Allied Gold (TSX: AAUC) for the Kurmuk gold project in western Ethiopia. Under the agreement, the Canadian…
Mali targets Barrick CEO for arrest as tax row escalates
Tensions between Mali and foreign miners ratcheted higher Thursday with the military backed government issuing an arrest warrant for Mark Bristow, the CEO of Barrick Gold (TSX: ABX; NYSE: GOLD)….
London Symposium: How new tech and sustainability can transform mining
Green technologies and sustainability-focused project strategies are helping the industry address risks earlier and build longer-lasting community ties, a London industry event heard this week. Better technologies, integrating artisanal miners…
Iamgold cuts Westwood reserves by 17% amid mine plan overhaul
Iamgold (TSX: IMG; NYSE: IAG) shares fell Thursday after it cut 202,300 oz., or 17%, off the December 2023 Westwood Complex reserve estimate in Quebec. The downgrade follows new classification…
Omai reports wide gold zones at WeNot in Guyana
Omai Gold Mines’ (TSXV: OMG) shares jumped 14.3% on Wednesday after the junior reported high-grade drill results from its WeNot deposit in Guyana. Highlights from WeNot, one of two deposits…