Crescat Capital acquiring up to 19.9% stake in Goliath Resources
Crescat joins Canadian billionaire Eric Sprott as notable strategic investors in the company.
Gold
Foran Mining receives key permit for McIlvenna Bay decline, bulk sampling
Foran Mining (TSXV: FOM; US-OTC: FMCXF) has received the initial permits allowing it to begin development of an exploration decline as part of its pre-development program at the 100%-owned McIlvenna…
American Pacific Mining rides high on third round of Madison drilling
Despite coming off recent highs, the Toronto-quoted shares in copper explorer American Pacific Mining (CSE: USGD; US-OTCQB: USGDF) continue to trade nearly 520% higher over the 12-month frame following a…
Probe Metals raises $20.8M for Canadian exploration
Probe Metals (TSXV: PRB; US-OTC: PROBF) is raising $20.8 million for exploration on its Canadian gold projects by issuing approximately 6.7 million flow-though shares at $3.10 each. The shares will…
Iamgold appoints activist investor’s nominees to board
Iamgold (TSX: IMG; NYSE: IAG) has appointed three independent directors to its board after reaching an agreement with Resource Capital Fund VII, managed by a U.S. investment fund that launched…
Barrick grows net reserves to 69Moz at improved grade
Barrick Gold Corporation (TSX: ABX; NYSE: GOLD) says it has succeeded in replacing its global gold reserve base by 150% before accounting for acquisition and equity changes at its South…
Integra Resources builds optionality into a compelling DeLamar development case
Integra Resources Corp. (TSXV: ITR; NYSE American: ITRG) has released a pre-feasibility study (PFS) on the DeLamar gold-silver project in Idaho, outlining a two-pronged approach to both affordable near-term and…
Chaarat Gold’s project in Kyrgyzstan hit by Centerra turmoil
Chaarat Gold (LSE: CGH) announced on Wednesday financing and construction delays at its Tulkubash project in Kyrgyzstan due to increased investor uncertainty in the Central Asian country in the wake…
Skeena loses Albino Lake due to ‘incomprehensible’ decision by BC gold commissioner
Skeena Resources (TSX: SKE; NYSE: SKE) has responded to a decision by British Columbia’s Chief Gold Commissioner on the tailings in the Albino Lake storage facility at the past-producing Eskay…
Newmont buys out Yanacocha partner Buenaventura for US$300M+
Newmont (TSX: NGT; NYSE: NEM) is buying out its partner, Compañia de Minas Buenaventura, at the producing Yanacocha gold-silver-copper mine in Peru. The gold miner has offered US$300 million up…
BC rejects permit for Morrison copper-gold mine, again
The Canadian province of British Columbia has once again denied an environmental permit for the proposed Morrison copper-gold mine on a First Nation’s territory, citing potential risks to water quality…
Centamin takes charge of Sukari underground gold mine
Egypt-focused gold miner Centamin (TSX:CEE; LSE: CEY) is shifting underground operations at its flagship Sukari mine from a contractor to an owner-operated model, effective immediately. The move, taken after an independent…