Evolution to buy Carnaby in $149M copper-gold deal
Evolution Mining (ASX: EVN) agreed to buy Carnaby Resources (ASX: CNB) in an all-stock deal valued at about A$213 million (US$149 million) that would give the Australian gold producer a…
Gold
Haywood cuts gold forecasts but miners attractive
Haywood Securities has cut its near-term gold and silver price forecasts after a weaker second quarter but says the pullback has created an attractive entry point into precious-metals equities ahead…
Brazil court dismisses Indigenous case vs Belo Sun
Canadian miner Belo Sun Mining (TSX: BSX) has secured a final court ruling that permanently dismisses a class action challenging the Indigenous licensing process for its proposed $300-million (C$423-million) Volta…
Rule Symposium Video: Peru explorers face a permit premium, says Mazumdar
Investors should favour Peru explorers that already hold drill permits because approvals can stall strong copper and gold prospects for years, Exploration Insights newsletter editor and analyst Joe Mazumdar said…
Quebec puts Troilus on permit fast track
Quebec has selected Troilus Mining’s (TSX: TLG; US-OTC: CHXMF) namesake gold-copper project for a new service aimed at cutting mine permitting delays. Quebec launched Filon on June 2 for advanced…
Spanish Mountain logs high-grade gold results in BC
New drilling by Spanish Mountain Gold (TSXV: SPA) at its namesake project in British Columbia paves the way for an expansion of the property’s gold system. The stock jumped. Standout…
AI model values Awalé’s Odienné at $2.25B
Analytics firm Stormlands Mining has modelled Awalé Resources’ Odienné gold-copper project in Côte d’Ivoire at a $2.25-billion (C$317.7 billion) net present value after applying a higher gold price to public…
Rule Symposium Video: Revival weighs Beartrack-Arnette fast-track
Revival Gold’s (TSXV: RVG; US-OTC: RVLGF) recent deep drilling expands the high-grade Joss deposit at the Beartrack-Arnett project in Idaho, CEO Hugh Agro said. The 63-sq.-km project lies 19 km…
Sponsored: Permit unlocks GoGold’s $227M Mexico mine
GoGold Resources President & CEO Brad Langille in conversation with The Northern Miner’s Western Editor, Henry Lazenby, this month during the Rule Symposium on Resource Investing in Boca Raton, Fla. This…
Agnico bets $60M more on stake in Lassonde-backed Cadillac in Abitibi
Agnico Eagle Mines (TSX: AEM; NYSE: AEM) is paying $60 million (US$43 million) for an additional stake in soon-to-be-listed Cadillac Mines (TSX: CADY) as Canada’s biggest miner strengthens its position…
US debt could drive gold to $6,000, analyst says
Gold could climb to $6,000 (C$8,450) per oz. as swelling U.S. debt and central-bank buying extend the metal’s bull market, Toronto-based brokerage Maison Placements President John Ing forecasts in a…
Rule Symposium Video: Hemlo targets 20-year mine life
Hemlo Mining (TSX: HMMC; US-OTC: HMMCF) plans to keep its namesake northwestern Ontario gold mine running for about 20 more years by raising output and filling a mill operating at…