Equinox Gold raises $172.5M from note offering
Equinox Gold (TSX: EQX) has completed its recently announced bought deal offering of convertible senior notes for a total of $172.5 million, including the $22.5 million full amount of exercise…
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Brazil’s comptroller general alleges Vale corrupted inspection in Brumadinho case
Brazil’s comptroller general (CGU) has alleged in a report that Vale corrupted the “integrity” of the federal inspection system in the Brumadinho case. The collapse of the dam at Vale’s Corrego…
Sierra Metals puts Cusi silver mine up for sale as it pivots to copper
Sierra Metals (TSX: SMT) is placing its Cusi silver mine in Mexico on care and maintenance and has started the process to sell the mine amid the company’s shift towards…
World Gold Council steps up efforts to boost supply chain transparency
The World Gold Council (WGC) says its members, which account for the majority of the world’s top gold producers, have committed to taking steps towards improving the transparency of the supply chain. All…
Victoria Gold acquires Sabre Gold’s Yukon assets for $13.5M
Victoria Gold (TSXV: GCX) is acquiring all of Sabre Gold Mines‘ (TSX: SGLD) assets located in the Yukon, which include the former-producing Brewery Creek mine as well as the Gold…
Sibanye-Stillwater gold mine restructuring to put 3,000 jobs at risk
Precious metals miner Sibanye-Stillwater (NYSE: SBSW; JSE: SSW) will enter talks with labour unions over a possible restructuring at one of its South African gold mines, it said on Thursday….
ATEX Resources stock rises on Valeriano resource update
ATEX Resources (TSXV: ATX) saw a significant boost in its share price Tuesday after it issued an updated resource estimate for the Valeriano project located in Chile’s Atacama region. The…
Aris Mining announces record gold production at Segovia; shares up 10%
Aris Mining (TSX: ARIS) announced on Monday gold production of 19,406 oz. at its Segovia Operations in Colombia during August, the highest monthly production since the expansion of the Maria…
American Lithium trades higher as it refines flowsheet for Nevada clay project
American Lithium‘s (TSXV: LI; NASDAQ: AMLI) shares closed 10.9% higher on Wednesday following results of optimization work to improve the chemical process used to produce lithium carbonate at its TLC…
Snowline Gold shares rise on $16.5M bought deal financing
Shares of Snowline Gold (TSXV: SGD) surged on Wednesday after it completed a previously arranged bought deal private placement to fund its exploration campaigns in the Yukon. In total, the…
Sigma Lithium on track to produce 130,000 tonnes of concentrate by year-end
Sigma Lithium (NASDAQ: SGML, TSXV: SGML) has made its second shipment from its Grota do Cirilo mine in Brazil, after trucking 15,000 tonnes of battery-grade spodumene concentrate and 30,000 tonnes…
NexGen raises US$110M for Rook I uranium project
NexGen Energy (TSX: NXE; NYSE: NXE; ASX: NXG) has entered an agreement with Queen’s Road Capital Investment and Washington H Soul Pattinson and Co. that will raise US$110 million in unsecured convertible debentures to…