US markets fall, June 22-26
A surge in coronavirus cases in parts of the United States undermined market sentiment. The Dow Jones Industrial Average fell 3.31% to 25,015.55 and the S&P 500 dropped 2.86% to…
Gold
Canada clears Endeavour Mining-Semafo merger
Canadian regulators have given Endeavour Mining (TSX: EDV) the go-ahead for the acquisition of smaller rival Semafo (TSX: SMF), which would create West Africa’s top gold producer. The Minister of…
TSX drops, June 22-26
The S&P/TSX Composite Index fell 1.84% to 15,189.00 during the June 22-26 trading week. The S&P/TSX Global Mining Index rose 4.24% to 88.72, and the S&P/TSX Global Base Metals Index…
GoldMining creates royalty subsidiary
GoldMining (TSX: GOLD; US-OTC: GLDLF) has created a wholly owned royalty company – Gold Royalty – with a portfolio of 14 newly created royalties on GoldMining’s gold assets in the…
Tanzanian Gold begins production at Buckreef
Tanzanian Gold (TSX: TNX; NYSE: TRX) has produced commercial-grade gold for the first time from the oxide processing plant at its Buckreef gold project, south of Lake Victoria and 110…
Harmony Gold raises US$200M to buy AngloGold assets
Harmony Gold (NYSE: HMY) said on Thursday it had raised $200 million from a planned shares placement to partly fund its acquisition of rival AngloGold Ashanti’s (NYSE: AU) assets in…
Riverside options Los Cuarentas gold-silver project to Hochschild
Riverside Resources (TSXV: RRI; US-OTC: RVSDF) has optioned its Los Cuarentas project, in Sonora, Mexico, to Hochschild Mining (LSE: HOC) in a deal that will see the major spend US$8…
Pure Gold targets year-end production at Red Lake
Pure Gold Mining’s (TSXV: PGM; LSE: PUR) Red Lake mine is expected to pour first gold in the fourth quarter of this year as development progresses ahead of schedule. The…
Liberty Gold discovers third gold zone at Black Pine
Reverse circulation (RC) drilling at Liberty Gold’s (TSX: LGD) Black Pine project has discovered a third zone of oxide gold mineralization – D-3 – underneath the historic drilling boundary in…
Apollo Gold to acquire First Majestic properties
Apollo Gold (TSXV: APGO) has signed a letter of intent to acquire a group of properties in Jalisco state, Mexico, from First Majestic Silver (TSX: FR; NYSE: AG). The deal…
The Northern Miner Podcast – episode 192: ‘We think long-term’ – Agnico Eagle CEO Sean Boyd on the coronavirus, community and jurisdiction, part 1
This week’s episode features an interview with Agnico Eagle Mines vice chair and chief executive officer Sean Boyd at the Canadian Mining Symposium, held on Zoom on June 16, 2020….
Caldas Gold, Wheaton reach US$110M streaming deal
Caldas Gold (TSXV: CGC) has announced a US$110 million streaming transaction with Wheaton Precious Metals (TSX: WPM; NYSE: WPM) to expand operations at the Marmato project in Colombia. The proceeds…