Boroo signs $140M deal for Yukon Eagle gold mine
Private entity Boroo has agreed to acquire Victoria Gold for up to $140 million (about US$100 million), advancing plans to potentially rehabilitate and restart its Eagle gold mine more than…
Barrick Mining
Gold miners’ earnings surge but valuations lag: Sprott
Gold producers aren’t getting full credit from investors for stronger profits and tighter spending discipline, Sprott Asset Management says. The NYSE Arca Gold Miners Index traded at 5.7 times expected…
Barrick secures 15-year North Mara licences in Tanzania
Tanzania has renewed Barrick Mining’s (TSX: ABX; NYSE: B) licences for the North Mara gold mine for 15 years, securing its operating tenure as the company weighs an expansion. North…
Barrick, Equinox among TD Cowen’s best stock picks
Precious-metals producers Barrick Mining (TSX: ABX; NYSE: B) and Equinox Gold (TSX, NYSE-A: EQX) are among the 24 Canadian stocks that offer the best prospects for outsized returns over the next few…
SW US mine rush collides with water limits
Washington’s push to mine more copper and lithium in the U.S. Southwest is running into a harder limit than permitting: whether projects can secure enough water to operate for decades…
YMP Scholarship Fund grows to $300,000
The Young Mining Professional’s Scholarship Fund has increased by a third to $300,000 (US$215,000) from last year as the industry’s leading companies reward strong students in mining disciplines across Canada….
CHART: Mining stocks enjoy a $210-billion fortnight
So far in August the combined U.S. dollar market capitalization of the MINING.COM TOP 50 rose from $2.17 trillion to $2.38 trillion. That is $210 billion in seven sessions, three…
Newmont backs junior Headwater on 3rd Nevada project
Newmont (NYSE, ASX: NEM; TSX: NGT) has agreed to earn control of Headwater Gold’s (CSE: HWG; US-OTC: HWAUF) Jupiter gold project in Nevada by covering exploration costs and completing a…
Barrick names Bock to lead overseas arm
Barrick Mining (NYSE: B; TSX: ABX) has named Sebastiaan Bock to lead its international gold and copper business as the miner prepares to split its North American and overseas assets….
Lake Victoria’s Tembo holds 600K oz. gold near Barrick
An initial resource for Lake Victoria Gold’s (TSXV: LVG) Tembo project in Tanzania shows the deposit contains almost 600,000 oz. gold next to Barrick Mining’s (TSX: ABX; NYSE: B) Bulyanhulu…
Fortuna buys Barrick, Iamgold project for $200M
Fortuna Mining (NYSE: FSM; TSX: FVI) is buying the Bambadji gold project in Senegal for $200 million (C$279 million) from Barrick Mining (NYSE: B; TSX: ABX) and Iamgold (TSX: IMG;…
Barrick, Newmont settle dispute with $1.9B deal
Nevada settlement clears a hurdle for Barrick’s North American IPO as rising costs and leadership scrutiny weigh on the miner.