Canada ’s Barrick Gold (TSX:ABX)(NYSE:GOLD) and U.S. rival Newmont Mining (NYSE:NEM) are working hard on persuading their respective top investors that are merger of the companies is the best, or the worst, option for them.
News ID: 3781 Publish Date : 2019/02/28
Canada ’s Barrick Gold (TSX:ABX)(NYSE:GOLD), the world’s second-largest bullion producer, is going hostile in its bid to acquire U.S. rival Newmont Mining (NYSE:NEM) and create a mega-gold corporation with a $17.8 billion all-share offer.
News ID: 3743 Publish Date : 2019/02/25
Canada ’s Pan American Silver (TSX:PAA) (NASDAQ:PAAS) announced Friday that it has completed the $1.07-billion buyout of Tahoe Resources by acquiring all of the issued and outstanding shares of the precious metals miner.
News ID: 3732 Publish Date : 2019/02/24
Shares in Canada ’s Eldorado Gold (TSX:ELD)(NYSE:EGO) climbed on Friday after the miner said it is ready to grow its yearly output to more than 500,000 ounces next year, supported by the restart of its Kışladağ gold mine in Turkey, and the soon-to-be coming online Lamaque project in Canada .
News ID: 3731 Publish Date : 2019/02/24
Canada ’s Lundin Gold (TSX:LUG), the company that plans to kick off production at its Fruta del Norte gold project in Ecuador later this year, will boost exploration in the country thanks to a C$40.5 million (about $30.8m) financing secured this week.
News ID: 3693 Publish Date : 2019/02/21
Nemaska Lithium (TSE: NMX) announced on Monday it has terminated a multi-year supply agreement with Livent Corporation that would cost the Quebec company up to $20m to settle.
News ID: 3675 Publish Date : 2019/02/19
Australia’s largest gold producer, Newcrest Mining (ASX: NCM) is selling its Séguéla gold project and its portfolio of 11 exploration tenements in Côte d’Ivoire to Canada ’s Roxgold (TSX: ROXG) in a deal valued at $30 million.
News ID: 3612 Publish Date : 2019/02/12
Shares in Canada ’s First Quantum Minerals (TSX:FM) were up after announcing that it has signed a new $2.7-billion term loan and revolving credit facility, replacing the existing $1.5 billion one.
News ID: 3598 Publish Date : 2019/02/08
Canadian company Pembina Pipeline Corp. says it is going ahead with a $4.5-billion joint venture with Kuwait's Petrochemical Industries Co. to build an integrated propane dehydrogenation plant and polypropylene upgrading facility northeast of Edmonton.
News ID: 3584 Publish Date : 2019/02/07
Teck Resources, (TSX:TECK.A | TECK.B)(NYSE:TCK), Canada ’s largest diversified miner, announced late on Thursday it expected fourth-quarter profits to be significantly below estimates, due to the low price of Canadian oil at the end of 2018, issues at its operations in Trail, B.C., and a decline in commodity prices.
News ID: 3529 Publish Date : 2019/02/03
A group of activists from the Ixtacamaxtitlán municipality, located in the Puebla state of central Mexico, presented a letter to the country’s president, Andrés Manuel López Obrador, where they state that Minera Gorrión’s Ixtaca project represents “a threat to their lives.”
News ID: 3450 Publish Date : 2019/01/28
Canada ’s Mirasol Resources (TSX-V: MRZ) announced that it has signed an option to purchase agreement which would allow it to complete the consolidation of the Sascha – Marcelina low sulfidation epithermal Au-Ag district in the Santa Cruz province of southern Argentina.
News ID: 3432 Publish Date : 2019/01/26
Trade statistics released by Canada custom shows that the iron ore exports by the country recorded at 4.01 MnT in Nov'18. The exports depicted fall of 21% as compared to Oct'18 exports at 5.1 MnT. On yearly basis exports witnessed a fall of 4% as against 4.16 MnT in Nov'17.
News ID: 3368 Publish Date : 2019/01/23
US gold giant Newmont Mining (NYSE:NEM) took a page out of Barrick’s book by announcing that is buying Canada ’s Goldcorp (TSX:G) (NYSE:GG) in a $10 billion-deal that would create the world’s largest producer by output, challenging Barrick’s recently cemented supremacy.
News ID: 3269 Publish Date : 2019/01/15
Canada ’s Lundin Gold (TSX:LUG) said Monday it has begun underground development at its flagship Fruta del Norte gold project in Ecuador, on track to kick off production later this year.
News ID: 3268 Publish Date : 2019/01/15
Canada 's Torex Gold Resources (TSX:TXG) issued a media report stating that, in 2018, it produced 354,000 ounces of gold at its El Limón Guajes Complex, or ELG, located in southwest Mexico. From January to September, the company produced 246,309 ounces of gold in doré, with 11,322 additional ounces gold in carbon fines. The company also reported selling 348,000 ounces of the yellow metal.
News ID: 3246 Publish Date : 2019/01/14
Canada ’s Endeavour Mining (TSX:EDV) (OTCQX:EDVMF) has increased its stake in its Ity gold mine in Ivory Coast to 85% from 80% by buying shares in the operation from a local company owned by former soccer star.
News ID: 3243 Publish Date : 2019/01/13
Canada ’s Lucara Diamond (TSX:LUC) has kicked off the new year with yet another massive find at its flagship Karowe diamond mine in Botswana.
News ID: 3225 Publish Date : 2019/01/11
Surge Exploration (TSX‐V: SUR) announced on Wednesday that its board of directors approved a strategic reorganization of the company’s assets that would spin off its interests in the “Hedge Hog” and “Mineral Mountain” exploration projects, both copper/gold projects in British Columbia, Canada .
News ID: 3219 Publish Date : 2019/01/10
Canada ’s Kirkland Lake Gold (TSX. NYSE: KL) announced Tuesday record gold production for both 2018 and the fourth quarter of the year, thanks mainly to higher-than-expected output at its Australian Fosterville mine as well as its Ontario-based Macassa and Taylor operations.
News ID: 3211 Publish Date : 2019/01/09