Gold Fields to become world’s No. 4 gold miner with US$6.7B Yamana Gold buy
South African miner Gold Fields (NYSE: GFI; JSE: GFI) is buying Canada’s Yamana Gold (TSX: YRI; NYSE: AUY) in an all-share deal worth US$6.7 billion, which will make it the…
Canada
Vanstar doubles drill program as it looks to go deep at Bousquet-Odyno in Quebec
Vanstar Mining (TSXV: VSR) has reported “promising” partial results from its initial drill program at the Bousquet-Odyno project in Quebec, where it hopes to expand the gold system at depth….
Glencore suspends production at Raglan mine in Nunavik after workers strike
Production at Glencore’s (LSE: GLEN) Raglan nickel mine at Nunavik has been suspended as hundreds of unionized workers went on strike for the first time in 25 years on the…
Workers at Baffinland ask Canada to approve mine expansion
Unionized workers at Mary River iron ore mine are asking Ottawa approve the miner’s request to increase shipping limit.
Sayona raises $136M for Quebec lithium project’s restart in 2023
Lithium developer Sayona Mining (ASX: SYA) on Friday announced a $136-million institutional placement to fund the 2023 restart of its North American Lithium (NAL) operations. “The planned restart at NAL remains…
Investment in recovery technology is the future, says Sigma Lithium CEO
The next “boom” in the mining industry is going to be in recovery technology, as companies focus on making the most out of existing resources, says Ana Cabral-Gardner, co-CEO of…
China drags down entire industrials metals complex – Fitch report
Analysts expect slowing Chinese GDP growth to weigh on most metals prices in the near term. However, they also note strong fundamentals providing optimism for metal prices to see some…
Equinox and Sandstorm create new royalty company
Equinox Gold (TSX: EQX) and Sandstorm Gold (TSX: SSL; NYSE: SAND) are creating a new diversified metals royalty company — Sandbox Royalties — which will combine assets in the Americas…
One way or another, energy transition factors into spring elections
Over two weeks in late May into early June, three important mining districts are going to the polls, with mining and climate change set to influence outcomes to varying degrees….
SilverCrest Metals begins commissioning Las Chispas in Mexico
SilverCrest Metals (TSX: SILV; NYSE-AM: SILV) said Thursday it has begun commissioning the processing plant at its Las Chispas gold-silver project in Sonora, Mexico, which is expected to reach commercial…
Galway Metals closes $10.5M bought deal for Canadian exploration
Galway Metals (TSXV: GWM) has completed its recently upsized bought deal private placement, raising gross proceeds of $10.5 million. The financing consisted of the sale of approximately 6.66 million flow-through…
B2Gold to buy Aussie junior Oklo Resources
Canada’s B2Gold (TSX, NYSE: BTO) is buying Australian explorer Oklo Resources (ASX: OKU) in a deal valued at A$90 million (US$64 million) or 17.25¢ per share, representing a 127% premium on…