La Mancha launches US$1.4 billion gold mining fund
La Mancha Holdings, owned by Egyptian billionaire Naguib Sawiris, has unveiled a US$1.4 billion fund to hold the magnate’s gold mining investments and pursue new opportunities in the sector. The…
Evolution Mining
Q&A: Evolution Mining to acquire Kundana assets from Northern Star Resources
Evolution Mining (ASX: EVN) announced on July 22 that it is acquiring assets from Northern Star Resources’ (ASX: NST), most of which are within eight km of its Mungari mine…
Evolution Mining is on a roll
When Jake Klein spoke about Evolution Mining at the Northern Miner’s Global Mining Symposium in May, the company’s founder and executive chairman emphasized that his team was “continually looking to…
Global Mining Symposium: Evolution Mining’s Jake Klein on margins over volume
In the first six months of fiscal 2021, Evolution Mining (ASX: EVN) banked over 50% of every ounce of gold it produced in terms of its EBITDA margins, posted a…
JV Article: Trillium Gold and the resurgence at Red Lake
Imagine the value of 50 gold mines along the same stretch of highway. Current worth compared to historical value is what sparked Trillium Gold Mines (TSXV: TGM) CEO Russell Starr’s…
Trillium Gold bets on high-grade projects in Ontario’s Red Lake district
A year ago Russell Starr was senior vice president of corporate finance at Auryn Resources (now Fury Gold Mines) and slated to take charge of its Peruvian assets in a…
Evolution to acquire Battle North in $343M all-cash deal
Australia-based producer Evolution Mining (ASX: EVN) is acquiring Red Lake-focused gold developer Battle North Gold (TSX: BNAU) in a $343-million, $2.65 a share, all-cash deal. The two companies have entered…
Interview: Endeavour’s CEO Sebastien de Montessus on M&A, the “magic box” and creating a Top Ten gold miner
Endeavour Mining (TSX: EDV; US-OTC: EDVMF) has become a Top Ten global gold producer since announcing two major acquisitions last year – Semafo and Teranga Gold. It is now the…
Evolution Mining sees rising cash flow from Red Lake
Australian gold producer Evolution Mining (ASX: EVN) says performance improvements at its Red Lake mine in Canada are putting its turnaround plans for the operation ahead of schedule. In the…
Evolution increases Red Lake resource using new benchmarks
Evolution Mining (ASX: EVN) has released an updated resource for its recently acquired Red Lake gold project, which the company says is materially higher than the figures estimated during its…
Pacton Gold uses AI to advance projects in Red Lake
In the summer of 1925, the discovery of gold in northwestern Ontario’s Red Lake region triggered the last great gold rush in North America. At the height of the gold…
Great Bear discovers high-grade Arrow zone at Dixie
Drilling at Great Bear Resources’ (TSXV: GBR; US-OTC: GTBAF) 91-sq.-km Dixie property has intersected a new Red Lake-style gold-bearing zone – Arrow – 1 km west of the Hinge zone,…