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:…
Barrick Mining
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.
Top 10: Agnico, Barrick lead list of Canada miners
Agnico Eagle Mines (TSX, NYSE: NEM) leads the list of Canadian miners by market value at $79.5 billion (C$112.8 billion). Agnico runs the country’s largest mines by output: Canadian…
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…
Barrick bets on BC with 9.9% Kingfisher stake
Barrick Mining (TSX: ABX; NYSE: B) is acquiring an almost 10% stake in Canadian explorer Kingfisher Metals (TSX-V: KFR) through a $20.9-million private placement, backing…
Acid test: IEA warns copper supply outlook has “worsened considerably”
Copper’s sulphuric acid market has been thrown into chaos by the Middle East conflict and Beijing’s export ban, according to the International Energy Agency, which…
Northern Star rejects Elliott push for company sale
Australia’s top gold miner is rebuffing activist pressure as leadership change and operational challenges weigh on performance.
Interactive infographic: Gold at highs, but finds scarce
The past few years have witnessed huge contrasts in the gold sector: prices are at historic highs but exploration spending and discoveries lag behind. Our…
Silver X buys out Barrick at Ccasahuasi
Silver X Mining (TSXV: AGX; US-OTC: AGXPF) bought Barrick Mining (TSX: ABX; NYSE: B) out of the remaining concession at Ccasahuasi in central Peru, giving…
Mining influencers take industry’s image battle to TikTok
As the mining industry asks how it can defend its reputation amid a critical and activist-oriented narrative prevailing in the West, young people in mining are taking it upon themselves to counter that narrative using…
Boroo’s bid to buy former Eagle gold site raises questions among miners
Private investment company Boroo is considering whether to buy the former landslide-devastated Eagle Mine site in Yukon, raising hopes it can revive the mine and help the territory press ahead. The Singapore-based firm with a focus on troubled…
Elliot pushes Australia’s top gold miner to weigh sale
Activist investor Elliott wants Northern Star Resources to review strategy, leadership and board composition.