PDAC: Mark Bristow hammers home organic growth message
Mark Bristow used his keynote address at the 2020 PDAC conference to stress the importance of exploration for miners. “It’s geologists and exploration that drive value creation and delivery in…
Gold
Alkane confirms Australia’s support to build rare earths mine
Australian gold producer and rare earths developer Alkane Resources (ASX: ALK) is a step closer to developing its Dubbo project after Australia’s export credit agency confirmed its interest in financing…
PDAC: Investment bankers discuss state of the mining industry
The capital markets sessions are among the most popular events at the Prospectors and Developers Association of Canada’s annual convention. For the fifth year in a row, investment bankers came…
B of A cuts GDP forecast, predicts ‘mini recession’
The economics team at Bank of America has cut its 2020 global growth forecast to 2.8% “while also factoring in a mini recession.” “Logistics and supply chains remain an issue,…
Wallbridge grows Fenelon zones
Days after announcing a $110-million all-share acquisition of Balmoral Resources (TSX: BAR) to expand the Fenelon project in Quebec, Wallbridge Mining (TSX: WM) has released drill results from its portion of Fenelon, which…
Argonaut hits more high grade at Magino
Argonaut Gold (TSX: AR) continues to intersect high-grade mineralization below and adjacent to the reserve pit limits at its 22-sq.-km Magino project, 40 km northeast of Wawa, Ontario. The most…
Marathon confirms new zone at Valentine
Drilling between the Marathon and Leprechaun deposits at Marathon Gold’s (TSX: MOZ) Valentine Lake project in Newfoundland has confirmed a new area of mineralization: the Berry zone. Drill highlights include 55…
PDAC: Investment bankers discuss coronavirus impact
In a capital markets session at the Prospectors and Developers Association of Canada, investment bankers from BMO Capital Markets, TD Securities, CIBC Capital Markets and RBC Capital Markets discussed the…
PDAC: Coronavirus weighs on mining outlook
It’s usually difficult to find a seat at the commodities session on the opening day of the Prospectors and Developers Association of Canada (PDAC) convention held in early March in…
PDAC: ‘M&A is back,’ says Barrick’s Catherine Raw
Last year was the busiest year for mergers and acquisitions in the precious metals sector since 2010, Catherine Raw, the executive responsible for Barrick Gold‘s (TSX: ABX; NYSE: GOLD) North…
Wallbridge acquires Balmoral in $110M all-share deal
Developer Wallbridge Mining (TSX: WM) has announced plans to acquire explorer Balmoral Resources (TSX: BAR) in an all-share deal worth $110 million, consolidating the Fenelon gold property, within the Abitibi greenstone…
AJN Resources yields to Barrick pressure, won’t buy into Kibali mine
AJN Resources (TSXV: AJN) has dropped plans to acquire 10% of the Kibali gold mine in the Democratic Republic of Congo from state-owned Société Minière de Kilo-Moto (SOKIMO), after facing…