Gangs hijack Ecuador’s gold mining supply chain
Ecuador has elevated illegal mining to a national security threat after concluding that criminal gangs have infiltrated the country’s gold supply chain, from extraction to…
gold mines
Zijin buys Allied Gold stake after $4B deal collapses
Zijin Gold’s planned $4 billion (C$5.5 billion) acquisition of Allied Gold (TSX, NYSE: AAUC) has collapsed after Chinese regulators failed to approve the transaction before…
Evolution to buy Carnaby in $149M copper-gold deal
Evolution Mining (ASX: EVN) agreed to buy Carnaby Resources (ASX: CNB) in an all-stock deal valued at about A$213 million (US$149 million) that would give…
Spanish Mountain logs high-grade gold results in BC
New drilling by Spanish Mountain Gold (TSXV: SPA) at its namesake project in British Columbia paves the way for an expansion of the property’s gold…
Agnico bets $60M more on stake in Lassonde-backed Cadillac in Abitibi
Agnico Eagle Mines (TSX: AEM; NYSE: AEM) is paying $60 million (US$43 million) for an additional stake in soon-to-be-listed Cadillac Mines (TSX: CADY) as Canada’s…
Coeur doubles Mexico exploration budget to $158M
Coeur Mining (TSX, NYSE: CDE) plans to spend twice as much this year drilling in Mexico after reporting high-grade assays from its Palmarejo operation in…
Getchell Gold sees $905M value for Fondaway Canyon
Getchell Gold (CSE: GTCH; US-OTC: GGLDF) says a revised preliminary economic assessment (PEA) for its proposed Fondaway Canyon open-pit gold mine in Nevada has boosted…
Central Nevada Gold looks to revive Mule Canyon mine
Privately held Central Nevada Gold is working to reopen the past-producing Mule Canyon mine in the western U.S. state after acquiring the asset from Newmont…
Revival drills shallow gold at Mercur in Utah
New drilling by Revival Gold (TSXV: RVG; US-OTC: RVLGF) at its Mercur project in Utah has returned shallow gold as the company continues expanding mineralization…
Regis ends Vault chase, clearing way for Genesis deal
Australia’s Regis Resources (ASX: RRL) has abandoned its pursuit of Vault Minerals (ASX: VAU), clearing the way for Genesis Minerals’ (ASX: GMD) $3.9 billion (A$5.6-billion)…
Canada’s 20-year mine timeline hits multibillion-dollar wall: report
Canada’s lengthy mine development process is putting billions of dollars in potential critical minerals investment at risk as competing jurisdictions move projects into production years…
Fortuna bets $71M on Latin America gold growth
Fortuna Mining (TSX: FT; NYSE: FSM) plans to invest $71 million (C$101 million) in Argentina and Peru this year as the Canadian precious metals producer…