Days after suspending operations, Kinross mulls a ‘full exit’ from Russia
Kinross Gold (TSX: K; NYSE: KGC) may permanently exit from Russia after operating in the country for about 25 years, a BMO metals and mining analyst said, as the nation…
Gold
Buenaventura to kick off San Gabriel gold mine construction in 2023
Buenaventura (NYSE: BVN), Peru’s largest publicly traded precious metals miner, will begin construction on its delayed San Gabriel gold-silver project in the country’s southern region of Moquegua in 2023. The company had…
Russia-Ukraine tension may give rise to a new commodity world order
The Russian invasion of Ukraine has the potential to establish a new commodity world order that tilts reliable supply toward North America, Bloomberg Intelligence says in a research note. Analyst…
Kinross suspends Russian operations
Kinross Gold (TSX: K; NYSE: KGC) has announced overnight that it will suspend all development work at its Udinsk gold project in Russia as international sanctions and legal restrictions intensify…
Argonaut Gold closes $51.8M bought deal to fund exploration
Argonaut Gold (TSX: AR) has completed a bought deal private placement of 19.78 million flow-through common shares to raise total proceeds of $51.84 million. This amount includes the full exercise of an…
McEwen Mining closes $19M flow-through financing to double Ontario gold output
McEwen Mining (TSX: MUX; NYSE: MUX) closed its offering of 14.5 million flow-through common shares priced at $1.325 each for total gross proceeds of $19.2 million. The sole bookrunner for…
Chris Taylor is our Mining Person of the Year for 2021
Great Bear Resources president and CEO Chris Taylor was the stand-out choice for The Northern Miner’s Mining Person of the Year award for 2021. The 44-year-old structural and economic geologist…
SolGold’s new CEO takes a fresh look at Cascabel’s Alpala development
Australia-based copper project developer SolGold (TSX: SOLG; LSE: SOLG) is taking a more measured approach to developing its Alpala copper-gold project at the Cascabel property in Ecuador, new managing director…
New Agnico Eagle positioned for growth, says chairman Sean Boyd
A little more than two weeks following the closure of the $10 billion merger of Agnico Eagle Mines (TSX: AEM; NYSE: AEM) and Kirkland Lake Gold, Agnico’s new CEO Tony…
Osisko Mining secures hydroelectric power for Windfall project
Osisko Mining (TSX: OSK) has entered into a memorandum of understanding with the Cree First Nation of Waswanipi (CFNW), pursuant to which the CFNW will transport hydroelectric power to the…
Donlin Gold drilling returns 14 metres at 23.5+ g/t for partners Barrick, NovaGold
The final drill assays for 2021 continue to return high grades from the Donlin gold project, 450 km northwest of Anchorage, Alaska. This marks the end of last year’s 79-hole,…
Perseus Mining becomes sole owner of Orca Gold in $198M deal
Australian gold producer Perseus Mining (TSX: PRU; ASX: PRU) is buying the shares it doesn’t already own in Africa-focused Orca Gold (TSXV: ORG) in an all-stock deal worth $198 million…