McEwen Mining Acquires Timberline To ‘Unlock Synergies’ In Nevada Gold Operations
McEwen Mining acquires Timberline Resources for $18.8 million in a stock-for-stock transaction, driven by increased gold prices and operational synergies.
Barrick Misses Preliminary Gold Production Estimate, Management Unfazed By Risks In Key African Country
Barrick Gold Corp (NYSE: GOLD) reported lower than expected Q1 gold production and anticipates higher costs, faces geopolitical risks in Mali.
Gold Road Considers Major Stake In Greenstone; Investors Wary Of Potential High Costs
Gold Road confirms interest in Canadian joint venture, Greenstone Gold Mines, as gold prices continue to climb. Operational challenges at flagship mine also addressed.
Canada Nickel Ramps Up Ontario’s Crawford Project: ‘We Are Confidently Moving Into This Next Phase’
Canada Nickel is accelerating development of its Crawford nickel project, with a $1B processing plant planned.
Revival Gold Acquires Ensign Minerals ‘To Become A Cash-Flowing Mid-Tier US Gold Producer’
Revival Gold ((OTCQX: RVLGF)) has finalized an all-stock deal worth $21.9 million to acquire Ensign Minerals, a privately held exploration company.
Iron Ore Surge Boosts Australian Dollar As Rio Tinto Invests in Innovation
Iron ore prices surge on rising Chinese demand, with transaction volumes at major ports increasing. This is positive for the Australian Dollar and its export market.
Rio Tinto Appointment Ushers In Green Era For Mining Titan, With Copper At The Core
Multinational mining giant Rio Tinto appoints Bold Baatar as CCO; he will focus on key metals like copper and lead relationships with joint venture partners.
China Defies Decarbonization Trend As Coal Imports Climb 16.9% In Q1 2024
Despite global efforts, China's coal imports are rising, contradicting previous forecasts. Electricity demand and favorable prices drive the country's continued reliance on imported coal for energy needs.
Fortuna Silver Mines Highlights Strong Q1 Gold, Silver Production Amid Precious Metal Surge
Fortuna Silver Mines reported strong Q1 production, with 89,678 oz of gold and 1.1M oz of silver. The company aims to grow with projects in Senegal and Côte d'Ivoire.
Karora Resources, Westgold Resources Merge: ‘A New Business Dominant Across Two Historic Yet Under-Explored Goldfields’
Karora Resources and Westgold Resources announce a $1.45 billion merger, creating a strong mid-tier gold producer with potential for growth and cost synergies.