Mariaan Webb

Rio Tinto to raise $500m for Oyu Tolgoi

Diversified major Rio Tinto will seek to raise up to $500-million in additional lending under existing project financing for the Oyu Tolgoi underground project, in Mongolia.

The company owns Oyu Tolgoi through its majority ownership in Toronto-listed …

Barrick sells rights to Bullfrog Gold

Delaware-based Bullfrog Gold on Tuesday announced a transaction to acquire rights in Nevada from gold major Barrick Gold, along with plans for a C$22-million financing to be completed through Augusta Investments.

Upon completion of the transaction, Ba…

Gold Terra to earn into ground adjacent to Con mine

TSX-V-listed Gold Terra Resources on Tuesday announced an exploration agreement with gold major Newmont, which could see the junior earn into ground adjacent to the former Con mine, in the prolific Yellowknife mining camp.

Gold Terra executive chairpe…

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