JV Video: Why American Eagle Gold’s NAK project caught Teck’s eye
American Eagle Gold (TSXV: AE) has raised $9 million over the past two years, and it’s using that cash to deliver positive drill results at its NAK copper-gold project in…
M&A, Financing and Restructuring
Rinehart may block SQM’s $1B takeover bid of Azure Minerals
Australian billionaire Gina Rinehart, who recently thwarted Albemarle’s (NYSE: ALB) attempt to buy Liontown Resources (ASX: LTR), is now said to be evaluating ways to block Chilean lithium giant SQM’s A$1.6…
Video: Frank Giustra talks junior exploration and macro money matters
Frank Giustra stands out in a fast-evolving world where many chase the allure of tech stocks and cryptocurrency. The seasoned entrepreneur, philanthropist, and CEO of Fiore Group sounded the alarm…
Scotgold in advanced funding talks to avoid default
Embattled miner Scotgold Resources, which operates Scotland’s only gold mine, said on Monday it was close to securing enough funding from a new strategic investor, which will help it avoid going into…
Sumitomo Metal invests $16.9M in Canada’s Nano One
Sumitomo Metal Mining is investing $16.9 million in Vancouver-based Nano One Material (TSX: NANO) as part of the Japanese giant’s efforts to find sustainable methods for producing lithium-ion batteries. The…
Fortuna Silver boosts presence in West Africa with Chesser buy
Canadian miner Fortuna Silver Mines (TSX: FVI; NYSE: FSM) has expanded its footprint in West Africa after completing the acquisition of Australian gold junior Chesser Resources. In the deal announced in May,…
Victoria Gold acquires Sabre Gold’s Yukon assets for $13.5M
Victoria Gold (TSXV: GCX) is acquiring all of Sabre Gold Mines‘ (TSX: SGLD) assets located in the Yukon, which include the former-producing Brewery Creek mine as well as the Gold…
Scotgold halts trading as firm’s future in limbo
Trading of Scotgold Resources (LSE: SQZ) shares was halted Monday amid the “highly uncertain” outcome of funding discussions. The company pursuing what could be Scotland’s first commercial gold-silver mine said that while…
Billionaire Rinehart’s Hancock Prospecting takes major stake in Liontown
Hancock Prospecting, owned by Australian billionaire Gina Rinehart, confirmed on Monday market rumours indicating her company had increased its stake in lithium miner Liontown Resources (ASX: LTR), which recently accepted…
Rio Tinto-First Quantum JV to develop massive copper project in Peru
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) and First Quantum Minerals (TSX: FM) have formed a joint venture to advance the La Granja copper project in Peru to development….
Chaarat Gold sells Kapan mine in Armenia for US$54.5M
Chaarat Gold Holdings (LSE: CGH) is selling its only operating mine, Kapan, for US$54.5 million ($73.4 million) to Armenian miner Gold Mining Company. The miner, which once tried buying Centerra’s Kumtor…
Chaarat Gold mulls sale of Kapan, its only operating mine
Chaarat Gold Holdings (LSE: CGH), the company that once tried buying Centerra’s Kumtor mine in the Kyrgyz Republic, revealed on Friday that it’s considering the sale of its only operating mine, Kapan,…