Perseus Mining becomes sole owner of Orca Gold in $198M deal
Australian gold producer Perseus Mining (TSX: PRU; ASX: PRU) is buying the shares it doesn’t already own in Africa-focused Orca Gold (TSXV: ORG) in an all-stock deal worth $198 million…
Gold
BHP invests $100M in South America-focused Filo Mining
BHP (NYSE: BHP; LSE: BHP; ASX: BHP), which has been expanding its copper footprint, will invest $100 million (US$79 million) in Filo Mining (TSX: FIL). The Canadian junior is developing…
South America Snapshot: Eight companies exploring and developing new mines
The need for battery metals is propelling many projects in resource-rich South America, but gold and silver projects retain their appeal, too. BEAR CREEK MINING The Corani silver-zinc-lead project in…
Shares of Russia-focused miners collapse on Ukraine invasion
Shares in mining companies with operations in Russia were among the first to feel the impact of Moscow’s wide-ranging attack on Ukraine on Thursday, while oil topped US$105 a barrel…
Makuch hands over Agnico Eagle reins
A little more than two weeks following the closure of the US$10 billion merger of Agnico Eagle Mines (TSX: AEM; NYSE: AEM) and Kirkland Lake Gold, Agnico’s new CEO Tony…
Artemis secures US$360M project financing for Blackwater
Artemis Gold (TSXV: ARTG) has secured project debt financing that will fund a significant part of its Blackwater project in central British Columbia. This has been done through a credit-approved…
Kinross says its Russian gold mines unaffected by sanctions
Canadian senior miner Kinross Gold Corporation (TSX: K; NYSE: KGC) says its operations in Russia are operating to plan and currently remain unaffected by Western and US sanctions announced on…
Bluestone completes feasibility study for Cerro Blanco in Guatemala
Bluestone Resources (TSXV: BSR; US-OTC; BBSRF) has released a feasibility study for its Cerro Blanco Gold project in Guatemala, located 160 km southeast of Guatemala City. The study forecasts an…
Newmont declares industry-leading dividend
The board of the world’s largest gold miner, Newmont (TSX: NGT; NYSE: NEM), has declared a fourth-quarter dividend of US55c per common share, maintaining its position as the highest dividend…
Hecla Mining silver reserves at second-highest level in 130 years
Silver producer Hecla Mining (NYSE: HL) said that its proven and probable reserves of the precious metal grew to 200 million ounces in 2021 — the second highest level in…
Barrick Gold near Pueblo Viejo tailings decision
Barrick Gold (TSX: ABX; NYSE: GOLD) is close to reaching an agreement with the government of the Dominican Republic on where to build a new tailings storage facility (TSF) for…
Osisko to develop Windfall without Northern Star
Osisko Mining (TSX: OSK) has decided to develop its 100%-owned Windfall gold project in Quebec by itself. Joint venture talks with Northern Star Resources (ASX: NST) were announced last November,…