OceanaGold expands with $553M Ausgold buy
Canadian gold and copper producer OceanaGold (TSX, NYSE: OGC) is buying Australia’s Ausgold (ASX: AUC) for A$776 million (almost US$553 million), giving the miner its first acquisition in Australia and…
Canada
YMP Scholarship Fund grows to $300,000
The Young Mining Professional’s Scholarship Fund has increased by a third to $300,000 (US$215,000) from last year as the industry’s leading companies reward strong students in mining disciplines across Canada….
AngloGold Ashanti in $58.5M deal to double Thesis stake
AngloGold Ashanti (NYSE: AU) is investing $58.5 million (US$42 million) to double its stake in Thesis Gold & Silver (TSXV: TAU; US-OTC: THSGF) and help the Vancouver-based developer advance the…
Site visit: Can Honey Badger finally crack Prairie Creek?
NEAR NAHANNI NATIONAL PARK, N.W.T. – The Prairie Creek site, nestled in a peaceful mountain valley in the Northwest Territories, is the project that won’t die after facing numerous dead-ends,…
CHART: Mining stocks enjoy a $210-billion fortnight
So far in August the combined U.S. dollar market capitalization of the MINING.COM TOP 50 rose from $2.17 trillion to $2.38 trillion. That is $210 billion in seven sessions, three…
Processing, not output, may decide metal shortages
Critical-mineral shortages through 2035 may depend as much on whether miners can reliably process and deliver usable material as on whether enough tonnes are mined, according to GEM Mining Consulting….
G Mining hikes cost forecast on labour, royalties
Operating expenses at South America-focused gold producer G Mining Ventures (TSX: GMIN; US-OTC: GMINF) will be about 12% higher this year due in part to labour-cost inflation and increased royalty…
Podcast: Wheaton Precious Metals CEO Haytham Hodaly on the evolution of the streaming model
This week’s episode features Wheaton Precious Metals (TSX, NYSE, LSE: WPM) CEO Haytham Hodaly in conversation with host Adrian Pocobelli on how the streaming model is holding up in today’s…
Rosebud project, like in ‘Citizen Kane,’ reveals another secret
New drilling by Canadian explorer Blossom Gold (TSX: BGAU) at its Rosebud open-pit, heap-leach project in Nevada points to broad mineralized zones around areas of historical underground mining. Hole BG26-027 in…
Junior funding model blamed for mine delays
The mining industry’s exploration financing model leaves junior companies ill-equipped to address environmental and social issues that later delay mine approvals, the Washington, D.C.-based Trust, Accountability and Inclusion (TAI) Collaborative…
Tether lifts Metalla stake to 14%
Tether International has raised its stake in Metalla Royalty & Streaming (TSXV, NYSE-A: MTA) to about 14%, deepening the stablecoin group’s push into Canadian gold royalty companies. The El Salvador-based…
Barrick names Bock to lead overseas arm
Barrick Mining (NYSE: B; TSX: ABX) has named Sebastiaan Bock to lead its international gold and copper business as the miner prepares to split its North American and overseas assets….