Silvercorp to buy Guyana Goldfields in $105M deal
Silvercorp Metals (TSX: SVM; NYSE: SVM) is buying Guyana Goldfields (TSX: GUY) in a $105 million (US$75 million) cash and stock deal that creates a…
News
Bluestone Resources closes $92M financing deal
Bluestone Resources (TSXV: BSR; US-OTC: BBSRF) has raised $92 million in a bought deal financing to advance its flagship Cerro Blanco gold project in Guatemala. Under…
Precipitate Gold turns to second property near Pueblo Veijo following Barrick deal
After signing a deal with Barrick Gold (TSX: ABX; NYSE: GOLD) to earn a 70% stake in its Pueblo Grande project in the Dominican Republic…
Haywood Securities lowers base metal forecasts
Haywood Securities has cut its base metal price forecasts for 2020 due to the COVID-19 pandemic. The investment dealer expects copper will cost US$2.45 per…
PNG refuses to extend mining lease for Barrick’s Porgera mine
Papua New Guinea (PNG) is set to take control of Barrick Gold’s (TSX: ABX; NYSE: GOLD) Porgera mine after refusing to extend the company’s lease…
BofA forecasts higher silver prices
Silver prices have dropped sharply year-to-date and are currently down 13.2% year-on-year at US$15.29 per oz., but the Bank of America (BofA) says its supply…
CIBC raises gold price forecast; shares top stock picks
CIBC is increasing its gold price forecast to US$1,725 per oz. in 2020 and US$1,800 per oz. in 2021, up from its previous estimates of…
GoGold drill results show ‘significant potential’ at Los Ricos
GoGold Resources (TSX: GGD; US-OTC: GLGDF) has reported assay results from 12 drill holes at its Los Ricos South project in the Mexican state of…
Silver investment demand jumped 12% in 2019: report
Despite the challenges presented by the COVID-19 pandemic in forecasting silver market conditions over the rest of the year, extended physical demand could drive the…
Emissions to drop 6% this year due to pandemic: WMO
Greenhouse emissions are expected to fall by 6% this year due to a global slowdown caused by the COVID-19 pandemic, the World Meteorological Organization (WMO)…
Kirkland Lake drill results suggest high-grade corridor
Kirkland Lake Gold (TSX: KL; NYSE: KL) has released the results of 19 drill holes, as well as assays for 15 historical unreported and reinterpreted…
Canada Nickel’s Mark Selby sees Dumont-style deposit at Crawford
Mark Selby led a team that raised over $100 million and advanced the Dumont nickel-cobalt project in Quebec from an initial resource to a fully…