Latest Updates Around The World
A Brazilian state-owned mining company is seeking an emergency court order to block the sale of one of Equinox Gold’s (TSX:EQX,NYSEAMERICAN:EQX) Brazilian assets. Companhia Baiana de Produção Mineral (CBPM) has asked the Court of Justice of the State of Bahia to immediately seize a lease area known as the Bahia Complex, according to a court […]
Shares of Northern Dynasty Minerals (TSX:NDM,NYSEAMERICAN:NAK) plunged on Wednesday (Feb. 18) after the U.S. Department of Justice (DOJ) filed an injunction supporting the Environmental Protection Agency’s (EPA) January 2023 veto of the company’s long-controversial Pebble project in Alaska. The order supports the EPA’s previous decision to restrict development of the proposed copper, gold and molybdenum […]
Ontario is fast-tracking one of Canada’s largest emerging gold projects, halving permit times for Kinross Gold’s (TSX:K,NYSE:KGC) Great Bear development in the Red Lake district. The province has announced this Big Dipper will be designated under the new One Project, One Process (1P1P) framework, a streamlined approval system aimed at reducing government review times by […]
Bold Ventures (TSXV:BOL) has launched a diamond drilling program at its Burchell base and precious metals property in Ontario, president and COO Bruce MacLachlan told the Investing News Network. “We only started drilling a few weeks ago, and we will continue to drill for a while,” MacLachlan said, highlighting the start of the program after […]
The historic price increases of gold and silver raise questions about the broader state of the world. For Mark Moss, the gains reflect a deeper collapse in confidence in sovereign currencies. “The real driver is not inflation,” the investor and commentator emphasized during a fireside chat at the recent Vancouver Resource Investment Conference. “The real […]
Hecla Mining Company (NYSE:HL) has agreed to sell its Casa Berardi gold operation in Québec to Orezone Gold (TSX:ORE,OTCQX:ORZCF) for a total consideration of up to US$593 million. The deal, announced on Monday (Jan. 26), includes the sale of Hecla Québec, a wholly owned subsidiary of Hecla that owns the Casa Berardi mine and related […]
Allied Gold (TSX:AAUC,NYSE:AAUC) has agreed to be acquired by Hong Kong-listed Zijin Gold International (HKEX:2259,OTCPink:ZJNGF) in an all-cash transaction that values the Canadian miner at approximately C$5.5 billion. announced Monday (January 26). The deal will see Zijin Gold purchase all outstanding shares of Allied Gold for C$44 per share in cash, according to a definitive […]
Australian shares went on Thursday in a session of broad profits under the leadership of miners and gold stocks, with a positive sentiment reinforced by the performance of Wall Street. The S&P/ASX 200 index rose no less than 0.7% to 8,906.30 points earlier in the session, the highest since 2 September, and rose by 0.6% […]
After almost seven years of leading Barrick Mining (TSX: ABX, NYSE: B), CEO Mark Bristow has taken. Since the merger of the 2019 company with Randgold Resources, Bristow has supervised the integration of the two companies, as well as important investments in Barrick’s gold and copper assets. The company has returned US $ 6.7 billion […]
The military government of Mali has approved a new round of mining agreements under its revised code. The Council of Ministers of the Land on Friday (September 19) has ratified according to a seven exploitation and exploration agreements Reuters report. The deals relate to some of the largest gold operations in the country, including the […]
