Australian gold producer St Barbara (ASX: SBM) is acquiring 100% of Canadian gold producer Atlantic Gold (TSXV: AGB) in a deal valued at $802 million. St Barbara’s offer represents a 41.1% premium to Atlantic’s closing share price on May 14 and a 40.8%…
Australia’s St Barbara to acquire Atlantic Gold Read More »
TORONTO – Barrick Gold has indicated it is willing to buy out the minority shareholders of Acacia Mining if that is what it takes to resolve tax and environmental woes of Acacia in Tanzania. Barrick already holds 63.9% of Acacia’s…
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BUYOUT: Barrick to buy out Acacia minority shareholders Read More »
Australian gold producer St Barbara (ASX: SBM) is acquiring 100% of Canadian gold producer Atlantic Gold (TSXV: AGB) in a deal valued at $802 million. St Barbara’s offer represents a 41.1% premium to Atlantic’s closing share price on May 14 and a 40.8%…
ACQUISITION: Australia’s St Barbara to acquire Atlantic Gold Read More »
Vancouver – Golden Predator Mining Corp. is pleased to announce that as of April 19, 2019, the Company’s test processing plant, the first of its kind in Yukon, Canada, recommenced operations and processing of the 2018 3 Aces Project bulk sample …
ONTARIO – Alamos Gold of Toronto is drilling more high grade intersections at the producing Island Gold mine 85 km northeast of Wawa. The company is focusing its attention on the Eastern, Main and Western extensions with both surface and…
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GOLD: Island mine giving up more high grades as Alamos drills Read More »
QUEBEC – Hecla Mining has mounted an aggressive exploration program at its successful Casa Berardi gold mine 95 km north of La Sarre, in the Abitibi region. High grade extension in the upper East and West mines have been outlined…
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GOLD: Hecla updates drilling at Casa Berardi mine Read More »
MOLINE, Ill. – Hitachi introduced the EX1200-7 excavator, which will provide increased efficiency, reliability and durability for customers. The excavator, which is available in North and South America, is the third machine in Hitachi’s new EX-7 series…
EXCAVATOR: Hitachi releases versatile new EX1200-7 Read More »
QUEBEC – Stornoway Diamond Corp. mounted a mine rescue team from the Renard mine – and they won all the awards at the 57th Quebec Provincial Mines Rescue Competition. The contest took place on May 2-4, 2019, in La Sarre,…
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SAFETY: Stornoway’s Renard team takes all at provincial rescue competition Read More »
ONTARIO – Toronto-based Kirkland Lake Gold can’t seem to miss drilling high grades at its Macassa gold project in the town of Kirkland Lake. Recent excellent results highlight the potential for growing resources and new discoveries, says the company. D…
GOLD: Kirkland Lake drills more bonanza grades at Macassa Read More »
TORONTO – TMAC Resources has recorded its first positive earnings for Q1 2019. The quarterly revenue was C$67.9 million (compared to C$33.0 million in the same quarter a year earlier). That translated into a comprehensive profit of C$7.2 million for&#…
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