IDAHO – Endomines AB announced this week that it has entered into an assignment and assumption agreement to acquire, for $200,000, the Friday open pit mine lease for the Friday mine from NexGen Mining. “With the addition of the open…
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NEVADA – Vancouver-based Ely Gold Royalties announced that it has signed a definitive purchase agreement for the sale of 100% of its Old Gold Bar project to McEwen Mining Nevada, a wholly-owned subsidiary of Toronto-based McEwen Mining. In a press̷…
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DENVER – Newmont Goldcorp of Denver, Colo., has agreed to sell Red Lake Mines Ltd. to Evolution Mining of Australia. Evolution has agreed to make a cash payment of $375 million (all U.S. dollars) upon closing in Q1 2020, plus…
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GOLD: Newmont Goldcorp sells Red Lake mines to Australia’s Evolution for $475M Read More »
TORONTO – Kirkland Lake Gold has announced that it has entered into a definitive agreement to acquire all of the outstanding shares of Detour Gold. The transaction would exchange each Detour share for 0.4343 of a Kirkland Lake share, an…
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BRITISH COLUMBIA – Explorex Resources, a Vancouver-based junior, has acquired a 100% interest in the high grade Bonanza Mountain gold-copper project. The acquisition was made by a combination of staking plus a sale and purchase agreement. The property …
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BRITISH COLUMBIA – Talisker Resources announced it has entered into a purchase agreement with Avino Silver and Gold Mines to acquire a 100% interest in the 4,200 ha. Bralorne gold project 248 km northeast of Vancouver. Upon closing of the…
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AUSTRALIA – Barrick Gold has agreed to sell its 50% interest in Kalgoorlie Consolidated Gold Mines (KCGM) in Western Australia to Saracen Mineral Holdings for US$750 million in cash. KCGM owns and operates the Kalgoorlie mine, also known as the Super P…
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SASKATCHEWAN – Forum Energy Metals reached an agreement with Orano Canada whereby it will grant to Orano a series of options to acquire up to a 70% interest in the Fir Island uranium project on the northeast margin of the…
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ONTARIO – RJK Explorations of Kirkland Lake, Ont., has increased its land position around its Bishop diamond claims near Cobalt. A minimum of 17 potential kimberlite targets plus the Kon kimberlite showing were acquired. The Kon kimberlite is the only&…
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ONTARIO – Kesselrun Resources announced that it acquired, through staking, a number of mining claims adjacent to its Bluffpoint gold project near Kenora. In a press release, Kesselrun said the unpatented claims consist of 96 units, approximately 3,210…
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