Russian mercenary Wagner theatens to control Barrick’s Loulo-Gounkoto gold mine in Mali, reports say
According to The Globe and Mail, there are reports suggesting that the regime may be aiming to expropriate the mining complex.
Gold
Video: Resource Capital Funds partner on how juniors can survive the capital crunch
Private equity brings countercyclical investment strategies that can be a lifeline for junior explorers and miners in a down market, Resource Capital Funds partner and head of credit David Halkyard…
OceanaGold gets initial approval for Philippine unit’s IPO
OceanaGold (TSX: OGC; US-OTC: OCANF) said on Monday that it has obtained preliminary regulatory approval for an initial public offering (IPO) of its Philippines-based subsidiary, through which it holds the…
Gold Road Resources seeks stake in Greenstone Gold Mines
Australia’s Gold Road Resources (ASX: GOR) confirmed on Monday rumours about its intention to acquire a stake in Canada’s Greenstone Gold Mines, a 60-40 partnership between Equinox Gold (TSX: EQX)…
SolGold reaches deal with Ecuador on Cascabel development, financing
SolGold (LSE: SOLG; TSX: SOLG) said on Friday it had reached an agreement with the Ecuadorian government covering “certain financial terms and conditions”, along with a 33-year renewable permit to…
Orla Mining threatens arbitration in Panama
Canada’s Orla Mining (TSX: OLA; NYSE: ORLA) may take Panama to an arbitration court following the government’s rejection of a permit extension for the three mining concessions in the Cerro…
Forget groceries, Costco sells up to US$200M of gold bars and silver coins every month
Given its pricing and shipping costs, analysts with Wells Fargo wrote that it’s likely a “very low-profit business at best.”
Video: Tudor Gold discovers ‘Brucejack-style’ supercell at Treaty Creek’s Goldstorm
Tudor Gold‘s (TSXV: TUD) Goldstorm deposit in British Columbia surprised geologists with a high-grade structure called a ‘supercell’ when it updated the resource statement in February, CEO Ken Konkin says…
Sibanye-Stillwater to axe 4,000 jobs in South African gold mines restructuring
Sibanye-Stillwater (JSE: SSW; NYSE: SBSW) says the planned reorganization of its four gold operations in South Africa could lay off 4,022 workers — 3,107 employees and 915 contractors. The company…
Central banks, de-risking investors power gold price
Central bank buying and investors diversifying away from record stock markets are driving the price of gold to new highs, analysts say. The spot price of gold fell US$26.66 an…
Mexico’s Supreme Court could strike down president’s mining reforms next week
Once a popular destination for Canadian explorers, Mexico’s recent mining reforms are driving away investment — even as a looming Supreme Court decision is likely to toss out the new…
Video: Argo Digital Gold aims to shake up retail physical metal access
A new investment platform called Argo Digital Gold, backed by the Sprott Family and SCP Resource Finance chair Peter Grosskopf, launched last month to transform how investors interact with gold,…