Mineros’ gold bet raises cash and collateral risks
Mineros (TSX: MSA; US-OTC: MNSAF) bought $137.3 million (C$195.7 million) of bullion in the third quarter and expanded its borrowing against physical gold, drawing an…
Mineros
Local miner outbids Freeport for Colombia exploration
Colombia’s OP Gold Capital outbid U.S. copper giant Freeport-McMoRan (NYSE: FCX) for exploration rights in the country’s north, raising its offer to retain a 60-sq.-km…
Gold M&A: Mineros buys AngloGold’s stalled La Colosa
Mineros (TSX: MSA) is buying AngloGold Ashanti’s (NYSE: AU) shelved La Colosa gold project in Colombia, taking control of one of the country’s largest undeveloped…
Video: Mineros to start Porvenir build next year
Latin America-focused Mineros (TSX: MSA; US-OTC: MNSAF) has updated its cost outlook as gold-indexed payouts under local Nicaragua unit Hemco’s artisanal model rise with record…
Asante locks in $635M refinancing, eyes TSXV debut
Asante Gold (CSE: ASE; US-OTC: ASGOF) has secured $470 million (C$635 million) to refinance debt, fund expansion at its Bibiani and Chirano gold mines in…
Mineros gains on Povernir build permit in Nicaragua
Mineros (TSX: MSA) has received the permit it needs to start building its underground mine at the Porvenir project in northeast Nicaragua. Shares gained 7%….