Dundee in talks to acquire Adriatic Metals for $935M
Adriatic Metals (LSE: ADT1) confirmed Tuesday it is in takeover talks with Canadian miner Dundee Precious Metals (TSX: DPM). The discussions, first reported by Sky News, could value the UK-based…
M&A, Financing and Restructuring
Ausgold solves Katanning ‘puzzle’ with new intercepts
Ausgold (ASX: AUC) on Wednesday reported multi-kilometre gold intercepts along Western Australia’s Stanley Thrust. Step-out drilling at the Katanning gold project (KGP) produced results that suggest a possible gold district,…
West Red Lake Gold’s South Austin strike extends Madsen gold zone
West Red Lake Gold Mines’ (TSXV: WRLG) latest drill results confirm the Madsen mine’s South Austin zone remains among the hottest targets in northern Ontario’s Red Lake district. Shares rose….
Mining without feasibility studies risks losing projects
Mining companies that move to production without pre-feasibility or feasibility studies face risky consequences. Though forgoing studies is rare, it can lead to costly delays and regulatory issues, Alexander Pizale,…
Ireland logs strongest silver assays since Beatles Help!
Group Eleven Resources’ (TSXV: ZNG; US-OTC: GRLVF) Thursday exploration update at its Ballywire discovery returned among the highest-grade silver intercepts in Ireland in more than 60 years, the company says….
Barrick cuts ‘Gold’ from name as metal prices fuel profit
Canada’s gold giant Barrick (TSX: ABX; NYSE: GOLD) has officially changed its name to Barrick Mining Corporation, or Société minière Barrick in French, and reported stronger-than-expected first-quarter profit that was…
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%. Its subsidiary Hemco Mineros Nicaragua…
Contango targets 200,000 direct-ship oz. by 2029
Contango Ore (NYSE-A: CTGO) published its first assessment of the Johnson Tract project in southeast Alaska on Tuesday, showing positive economics and costs per ounce around a quarter of the…
Gold Fields, AngloGold pause Ghana JV talks
Gold Fields (JSE, NYSE: GFI) and AngloGold Ashanti (JSE: ANG; NYSE: AU) have paused their plan to merge the Iduapriem and Tarkwa operations in Ghana under a joint venture that…
Agnico Eagle podcast spotlights Nunavut’s people, environment and mining
Agnico Eagle Mines (TSX, NYSE: AEM), generating about one-fifth of Nunavut’s gross domestic product, launched The Arctic Edge podcast series on Thursday. This series aims to show listeners the realities…
Yukon legislators grill PwC over Eagle Gold cleanup
A manager for the disaster-stricken Eagle mine in Yukon on Wednesday described for the legislative assembly the huge amount of work remaining in the cleanup effort. After the heap-leach pad…
Strong drill results bode well for AbraSilver’s mid-year Diablillos update
AbraSilver Resource (TSX: ABRA; OTCQX: ABBRF) released assays Tuesday from the Diablillos project in Salta, northwest Argentina, showing mineralization extends beyond the pit boundary. At the JAC Extension zone, hole…