South America’s prospective geology, established mining jurisdictions and well-developed infrastructure encourage companies to explore, develop and operate projects in the region. Below, we provide an overview of eight companies with precious and base …
South America Snapshot: Eight companies active in the region Read More »
Executives at SSR Mining (TSX: SSRM; NASDAQ: SSRM) and Alacer Gold (TSX: ARR; ASX: AQG) started talking about a possible merger of the two companies in November 2019, and completed all of the site visits required and much of the due diligence to make&#…
SSR Mining and Alacer Gold to merge in zero-premium, all-share deal Read More »
TORONTO – Producer Gran Colombia Gold has announced that it has signed a definitive agreement for a business combination with Gold X Mining. The company has also submitted a proposal to acquire Guyana Goldfields in an all-share deal, which, on…
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GOLD: Gran Colombia proposes merger with Gold X, Guyana Goldfields Read More »
In the latest Chinese acquisition of a Canadian gold miner, Shandong Gold is buying TMAC Resources (TSX: TMAC) and its Hope Bay gold project in Nunavut for US$149 million. The news follows Zijin Mining’s acquisition of Continental Gold in March for C$1…
Shandong Gold to buy TMAC Resources for US$149M Read More »
BRAZIL – Equinox Gold has released the results of a preliminary economic assessment (PEA) on an underground development within its Aurizona mine site in northeastern Brazil. The early-stage study suggests a feed contribution of 2,800 t/d from the Piaba…
GOLD: Equinox tables PEA for underground development at Aurizona Read More »
TORONTO – In the first quarter of this year, Wesdome Gold Mines’ Eagle River complex in Ontario produced a total of 25,122 oz. of gold at all-in sustaining costs of US$1,058 per oz. These numbers include 24,457 oz. from the…
The post GOLD: Wesdom…
GOLD: Wesdome produces 25,122 oz. in Q1, maintains guidance Read More »
TORONTO – Miner Iamgold released its first quarter results, reporting production of 170,000 oz. at all-in sustaining costs of US$1,230 per oz. In the release, the company noted that while it did achieve its production targets for the quarter, output…
GOLD: Iamgold produces 170,000 oz. in Q1, tweaks guidance due to COVID-19 Read More »
Africa offers pre-production and operating companies large areas of underexplored prospective terrain and, in many countries, established mining legislation. West Africa, in particular, has attracted many explorers, developers and producers looking to …
Africa Snapshot: Eight companies active on the continent Read More »
MAURITANIA – Unionized workers at Kinross Gold’s Tasiast gold mine in Mauritania have downed tools, the company announced Tuesday. The company said it disagrees with the basis of the strike notice, but remains open to discussions with delegates t…
GOLD: Kinross workers strike at Mauritania mine Read More »
MEXICO – Coeur Mining announced that the company will halt activities at its Palmarejo gold-silver complex in Chihuahua, in accordance with a government-mandated decree in response to the COVID-19 pandemic. The company also said it is withdrawing…
GOLD-SILVER: Coeur ramps down Palmarejo, withdraws guidance Read More »
