Asante Gold announces US$525M financing to support Ghana growth plans
Asante Gold (CSE: ASE) says it expects to raise US$525 million in two stages to fund its growth plans in Ghana, where it operates the Bibiani and Chirano gold mines…
Financial Matters, M&A
Gold Fields completes Osisko buy for ownership of Windfall
South Africa’s Gold Fields (NYSE: GFI; JSE: GFI) said on Monday it had completed the $2.2-billion acquisition of Osisko Mining, which makes it the sole owner of the Windfall project…
Ioneer’s Rhyolite Ridge gains key permit, but legal and political risks loom
The United States’ Bureau of Land Management (BLM) on Thursday approved Ioneer’s (ASX: INR) Rhyolite Ridge lithium-boron project in southwest Nevada, opening the door for closing US$1.19 billion in funding….
Barrick, Mali exchange shots in US$500M tax dispute
Barrick Gold’s (TSX: ABX; NYSE: GOLD) negotiations with Mali’s military government appear to have stumbled after both sides issued claims about a Sept. 30 preliminary agreement. The West African country’s…
Kinross takes stake in Puma Exploration, sending stock up 50%
Kinross Gold (TSX: K, NYSE: KGC) has expanded its exploration footprint in Canada by investing in New Brunswick-focused junior Puma Exploration (TSXV: PUMA) and its properties near the province’s Bathurst…
Wesdome Gold on course for record production year
Wesdome Gold Mines (TSX: WDO; US-OTC: WDOFF) reaffirmed on Thursday that the company remains on track for a record year of production following the release of its third-quarter operational results….
Lithium Americas revamps Thacker Pass deal with GM in new US$625M JV
Shares in Lithium Americas (TSX: LAC; NYSE: LAC) jumped by 20.2% on Wednesday after it announced a new, US$625-million joint venture agreement with General Motors for its Thacker Pass project…
NexGold, Signal Gold merger aims to create 200,000 oz per year producer
NexGold Mining (TSXV: NEXG; US-OTC: NXGCF) and Signal Gold (TSX: SGNL; US-OTC: SGNLF) have agreed to merge and create a new Canadian gold developer with a combined resource base of…
Americas Gold and Silver buys out JV partner Sprott at Galena complex in Idaho
Americas Gold and Silver (TSX: USA; NYSE-AM: USAS) has agreed to buy out its 40% joint-venture partner — an affiliate of Canadian mining investor Eric Sprott — in its producing…
Orion, Allianz among US$15T in funds seeking to boost mining investments for tripling output
A global group of institutional investors including Allianz, Legal & General and Orion Resource Partners wants to attract more funds to the mining industry by polishing its image and educating…
Mali seeks US$500M from Barrick for past taxes, dividends: Reuters
Authorities in Mali briefly detained four Malian staff members working for Barrick last month.
Iamgold closer to buying back 9.7% stake in Côté gold mine
Iamgold (TSX: IMG; NYSE: IAG) is a step closer to buying back the 9.7% interest in its Côté gold mine in Ontario from Sumitomo Metal Mining, after issuing a 60-day…