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…
Endeavour Mining
Barrick weighs UK listing for African assets in $30B tie-up with Endeavour
Barrick Mining (TSX: ABX) (NYSE: B) is said to be weighing up a London listing for its African business, a move that may involve merging with Endeavour Mining (LON, TSX: EDV), Reuters…
CEO chat: Montage Gold expands West Africa footprint as Koné first pour nears
Côte d’Ivoire-focused Montage Gold (TSX: MAU; US-OTC: MAUTF) is digging deeper into West Africa as it expands exploration, even as Sahel tensions spur other Western miners to adapt to tougher…
Endeavour profit jumps on gold price surge
West Africa-focused Endeavour Mining (LON:EDV) posted a sharp rise in first-quarter earnings Thursday as soaring gold prices outweighed lower production. The London-based miner produced 282,000 oz. of gold in the…
La Mancha’s $50M Greenheart Gold deal deepens Guiana Shield exposure
La Mancha Resource Capital is building its position in the Guiana Shield after investing C$50 million ($37 million) to become the largest single shareholder in Suriname-focused Greenheart Gold (TSXV: GHRT; US-OTC:…
Open-pit gold miners most exposed to inflation: Jefferies
Gold miners with large open-pit operations could face the biggest margin pressure from the conflict in the Middle East as higher oil prices threaten to lift fuel and consumable costs…
La Mancha builds $313M interest in G Mining
La Mancha Resource Capital has become the largest shareholder in South America-focused G Mining Ventures (TSX: GMIN; US-OTC: GMINF) after a $313-million (C$425.1-million) share purchase deal. The subscription raises La Mancha’s…
Endeavour Mining reports fatality at Burkina Faso mine
Endeavour Mining (LSE, TSX: EDV) says a contractor died last Friday at its Mana mine in Burkina Faso due to injuries sustained during maintenance activities. Mining and processing operations on…
PDAC: Ex-Resolute CEO chills out in Arctic after Mali nightmare
When Terry Holohan was confined for 13 days in Mali by junta officials seeking millions from the company he led, Resolute Mining (ASX, LSE: RSG), he had reason to wonder…
Zijin agrees to buy Canada’s Allied Gold for $4B in cash
Zijin Gold agreed Monday to buy Canada’s Allied Gold (TSX, NYSE: AAUC) in a friendly all-cash transaction valued at about $5.5 billion (US$4 billion) as the Chinese miner ramps up…
Fund sells down Endeavour stake
London-based La Mancha Resource Capital is reducing its stake in West Africa-focused gold producer Endeavour Mining (LSE, TSX: EDV) after its shares nearly tripled in value in a year. The…
Founders Metals boosts land holding, drilling
Founders Metals, (TSXV: FDR; US-OTC: FDMIF) one of the most advanced gold explorers in Suriname, heads into the new year backed by Gold Fields (NYSE, JSE: GFI) and with more exploration planned at its Antino project on a land package that has almost tripled…