First Majestic buys Nevada gold mine from Sprott
First Majestic Silver (TSX: FR; NYSE:AG) is buying the Jerritt Canyon gold mine in Elko County, Nevada, from Sprott Mining for US$470 million in shares and five million share purchase…
Gold
Wheaton enjoys record 2020 revenue of $1.1B
Wheaton Precious Metals enjoyed record 2020 revenues of $1.1 billion (all figures are U.S. dollars) with 627,063 oz. gold-equivalent sold. The figure includes sales of 367,419 oz. gold, 22,9 million…
Historic Phoenix mine target of Golden Dawn’s airborne survey
Golden Dawn Minerals (TSXV:GOM; US-OTC:GDMRF) has completed a helicopter-borne VTEM and magnetics survey over the old Phoenix copper mine at its Greenwood precious metals project in southeast B.C. The Golden…
Nonferrous metals exploration budget down by 11% in 2020 – S&P report
The global budget for nonferrous metals exploration was $8.7 billion in 2020 down from the $9.8 billion registered in 2019.
Franco-Nevada posts ‘record’ results, grows royalty portfolio
The company has also announced that it has adopted a goal of at least 40% of diverse representation at the board and senior management levels. Last year, Franco-Nevada sold 521,564…
Tudor Gold counts almost 20M equivalent oz. at Treaty Creek
The maiden resource for the Treaty Creek gold project in contains 19.4 million oz. gold equivalent in the Goldstorm and Copper Belle zones, says 100% owner Tudor Gold Corp. (FSE:TUC)….
Sabina raises $35M in bought deal
Developer Sabina Gold & Silver (TSX: SBB) has announced a $35-million bought deal financing led by BMO Capital Markets. The underwriters have agreed to purchase 18 million common shares of…
Canadian Palladium drills East Bull strike to 2.5 km near Sudbury
Recent drilling has defined a strike length of over 2.5 km at the East Bull palladium deposit, 90 km west of Sudbury, Ont. The property, on which Canadian Palladium Resources…
PDAC: Exploring 30 years of global gold endowment with Flydentity’s Douglas Silver
The first keynote address of this year’s Prospectors and Developers Association (PDAC) of Canada convention was particularly germane given that PDAC is the world’s largest mining conference, most publicly listed…
Barrick’s Bristow and Blackrock’s Hambro discuss ‘profits with purpose’ at PDAC
The 89th annual Prospectors and Developers Association of Canada convention kicked off yesterday a little differently – in an online format thanks to the ongoing coronavirus pandemic. The highlight of…
NGOs criticize LBMA’s gold sourcing program
Advocacy groups said the London Bullion Market Association is failing to ensure that only responsibly-sourced, conflict-free gold is traded worldwide.
JV Article: Bluestone’s Cerro Blanco on course to be a multi-million ounce, low-cost gold mine
This past year has been a “challenging but exciting time” for Bluestone Resources (TSXV: BSR; US-OTC; BBSRF), says the company’s CEO Jack Lundin, as the Canadian junior progressed its Cerro Blanco gold…