Perpetua gets $255M from JPMorgan, Agnico Eagle
Perpetua Resources (Nasdaq, TSX: PPTA) has secured $255 million in new investments from JPMorgan Chase and Agnico Eagle (TSX, NYSE: AEM), giving the U.S.-focused gold and antimony developer a major…
M&A, Financing and Restructuring
Angola challenges Botswana in De Beers bid
Angola’s state diamond company Endiama has submitted a formal bid for Anglo American’s (LSE: AAL) majority stake in De Beers, in a sharp shift from its earlier position of seeking…
McEwen drills thick oxides at Windfall in Nevada
McEwen Inc. (TSX, NYSE-A: MUX) has cut one of the thickest oxide hits yet at the Windfall area of its Gold Bar Mine Complex in Nevada, a result that may…
Myriad Uranium drills Wyoming project derailed by Three Mile Island
Vancouver-based Myriad Uranium (CSE: M; US-OTC: MYRUF) has a new permit to expand drilling at a Wyoming project where a past owner spent $25 million ($100 million today) in the…
Video: Equinox turns from building to earning
Equinox Gold (TSX, NYSE-A: EQX) is pivoting from a construction phase to cash generation on the back of two Canadian start-ups, Executive Vice-President for Capital Markets Ryan King says. Greenstone…
K92 Mining’s Kainantu expansion pours first gold
K92 Mining (TSX: KNT; US-OTC: KNTNF) has produced the first commercial gold-copper-silver concentrate and poured 458 oz. of doré at the new Kainantu third-stage expansion in Papua New Guinea (PNG)….
Video: Eldorado Gold sets Q1 start at Skouries in Greece
The expansion of Eldorado Gold’s (TSX: ELD; NYSE: EGO) Skouries mine in northern Greece is on track to start production in the first quarter next year, with commercial output targeted…
Video: Retail investors to drive gold miners: analyst
Gold’s rally has yet to translate into miners’ typical torque to bullion, Puerto Rico-based Adrian Day Asset Management says. With gold up about 60% this year and senior producer equities…
Capstone sells Chile projects stake to Orion for $360M
Canada’s Capstone Copper (TSX: CS; ASX: CSC) has struck a deal valued at up to to $360 million (C$506 million) with Orion Resource Partners, granting the private equity firm a…
Video: Majors pivot to growth as gold bull run deepens, analyst says
Flush with cash at record gold prices, senior miners are shifting from share buybacks and dividends toward a more immediate focus on organic growth and acquisitions, Cupel Advisory director Neil…
Video: I-80 Gold maps path to 600,000 oz in Nevada
I-80 Gold (TSX: IAU; NYSE-A: IAUX) is building a Nevada hub-and-spoke complex anchored by a refurbished Lone Tree autoclave as it targets roughly 600,000 oz. of annual gold production by…
Eagle Energy builds interest despite government snag
The current federal government shutdown in the United States is complicating efforts by mine developer Eagle Energy Metals to proceed with a proposed stock market listing by the end of…