TNM Drill Down: Delta Resources’ namesake project in Ontario tops gold assays
Our TNM Drill Down features highlights of the top gold assays of the past week (May 5-12). Drill holes are ranked by gold grade x width, as identified by our…
Gold
Newcrest Mining agrees to reunite with gold giant Newmont
Newmont (NYSE: NGT; TSX: NEM) and Newcrest Mining (TSX: NCM; ASX: NCM) are getting back together after being separated for more than 30 years. Newcrest, which started as an Australian…
Ivanhoe Electric sets up JV with Saudi Arabia’s Ma’aden
Ivanhoe Electric (TSX: IE; NYSE AM: IE) is forming a 50/50 joint venture with Saudi Arabian miner Ma’aden to explore for metals considered key for the world’s energy transition in…
Pembridge Resources shares collapse on Minto mine halt
Shares in Pembridge Resources (LSE: PERE) fell as much as 82% on Monday as it disclosed it was assessing its ability to stay in business after Canada’s Minto Metals (TSXV: MNTO),…
Sonora police remove blockaders from Fresnillo’s La Herradura mine
Minera Penmont, a subsidiary of Fresnillo (LSE: FRS), announced that the Sonora police removed a number of blockades installed at different entry points of the company’s La Herradura operation located…
Delta Resources shares soar after reporting bonanza gold grades in Ontario
Delta Resources (TSXV: DLTA) is closing in on a 52-week high on Friday following the release of bonanza-grade results from drilling at its Delta-1 gold project, located 50 km west…
AngloGold to move primary listing, head office out of South Africa
AngloGold Ashanti (NYSE: AU; JSE: ANG; ASX: AGG) is transferring its primary listing to New York from the Johannesburg Stock Exchange (JSE), further cutting its ties to South Africa, the…
Glencore bid for Teck faces stiff Canuck rules, pride as mining M&A activity triples
Glencore (LSE: GLEN) faces an uphill battle to buy Teck Resources (TSX: TECK.A/TECK.B; NYSE: TECK) because of Canadian nationalism despite surging mergers and acquisitions in the critical minerals space. The…
Newcrest extends Newmont’s exclusivity period to make binding offer
Newcrest Mining (TSX: NCM; ASX: NCM) has extended the exclusivity period for Newmont (NYSE: NEM, TSX: NGT) to complete its due diligence and submit a binding takeover offer under the…
Sprott backs Seabridge with US$150M KSM royalty
Seabridge Gold (TSX: SEA; NYSE: SA), has landed US$150 million in new funding for its KSM gold-copper project near Stewart, B.C. Under a deal with Sprott Resource Streaming and Royalty,…
JV Article: Tudor Gold moves closer to development at Treaty Creek project in BC’s Golden Triangle
After an expanded resource estimate, the latest drill campaign begins this week on one of the world’s biggest gold projects.Tudor Gold (TSXV: TUD) is kicking off its 2023 drill program…
Kinross Gold stock rises on Q1 earnings surprise
Shares of Kinross Gold (TSX: K, NYSE: KGC) rose to a near 52-week high on Wednesday after outperforming analysts’ estimates in the first quarter of 2023. The stock was up…