Teck’s undisclosed royalty worth billions on Barrick’s Fourmile could stymie IPO
Teck Resources (TSX: TECK.A/TECK.B; NYSE: TECK) holds a royalty on Barrick Mining’s (TSX: ABX; NYSE: B) Fourmile gold project in Nevada that could generate billions of…
gold production
Newcore Gold lifts Enchi’s resource by 24% in Ghana
Canadian developer Newcore Gold (TSXV: NCAU) said a resource update for its Enchi gold project in southwestern Ghana boosts the deposit’s footprint by 24% as…
Orla secures final permit to advance underground mining at Camino Rojo
Orla Mining (TSX: OLA) (NYSE: ORLA) said Wednesday it’s received the environmental impact assessment (EIA) from Mexico’s Secretariat of Environment and Natural Resources for its Camino…
Open-pit gold miners most exposed to inflation: Jefferies
Gold miners with large open-pit operations could face the biggest margin pressure from the conflict in the Middle East as higher oil prices threaten to…
Heliostar pours first gold from San Agustin mine
Mexico-focused miner Heliostar Metals (TSX-V: HSTR) says it has poured first gold from the recently restarted San Agustin mine in Durango state. The open-pit mine…
Alamos targets 1M oz in gold output by 2030
Alamos Gold (TSX, NYSE: AGI) predicted annual output will climb 46% by 2028 as expansion work at Ontario’s Island Gold District bears fruit and costs…
Appian backs Atlantic’s Barrick mine buyout with $150M
U.K. private-equity firm Appian Capital Advisory said on Wednesday it has provided a US$150 million financing package to support the Atlantic Group’s buyout of a…
First Majestic production climbs on record silver output
First Majestic Silver (TSX, NYSE: AG) said total production rose 39% in the third quarter as the Canadian miner churned out the most silver in…
Barrick to sell Tongon mine to Atlantic for up to $305M
Barrick Mining (TSX: ABX; NYSE: B) agreed to sell its stake in the Tongon gold mine and certain exploration properties in Côte d’Ivoire to the…
Torex hits record as high-grade gold booked in Mexico
New high-grade structures discovered by Torex Gold Resources (TSX: TXG) during drilling at its ELG underground mine in Mexico could help the company achieve a goal…
Perseus gets Côte d’Ivoire OK to build gold mine
Perseus Mining (ASX, TSX: PRU) said it’s received presidential approval to develop and operate Côte d’Ivoire’s first underground mine. Shares rose. Côte d’Ivoire President Alassane…
Newmont to delist from TSX, citing low volumes
Gold mining giant Newmont (TSX: NGT; NYSE: NEM) said it plans to voluntarily withdraw its common shares from the Toronto Stock Exchange due to low…