Exclusive: Barrick CEO Bristow drives another U-turn in a remote land
Barrick Gold (TSX: ABX; NYSE: GOLD), the second-biggest gold miner by market value, this month poured its first gold in Papua New Guinea in nearly four years as CEO Mark…
Gold
Rupert Resources offers to buy B2Gold’s 70% interest in Finland JV
Rupert Resources (TSX: RUP) is in discussions to buy B2Gold‘s (TSX: BTO) 70% interest in a gold JV it holds in northern Finland’s Central Lapland greenstone belt with Aurion Resources (TSXV:…
Ecuador’s new consultation rules court controversy with Indigenous groups
Ecuador’s Energy and Mines ministry has issued new regulations governing Indigenous consultation on resource development, following a visit by the country’s President Daniel Noboa to Canada for the Prospectors and…
Perseus extends bid for Tanzania gold developer OreCorp to April
Australia’s Perseus Mining (TSX: PRU; ASX: PRU) isn’t giving up on its plans to acquire African gold developer OreCorp (ASX: ORR), releasing on Friday a second supplementary bidder’s statement that…
Dundee Precious Metals sells Tsumeb smelter in Namibia for US$49M
Dundee Precious Metals (TSX: DPM) has sold its Tsumeb specialty smelter in Namibia to a subsidiary of Sinomine Resource Group. Under the share purchase agreement, Dundee will receive US$49 million…
OceanaGold eyes fast-tracked permitting for New Zealand project under new gov’t
OceanaGold (TSX: OGC; US-OTC: OCANF) is hoping its Waihi North project will meet the requirements for accelerated development of major projects under a new permitting regime introduced by New Zealand’s…
Mining some tales with… John Burzynski
Every month, The Northern Miner gets to know a different executive in the mining industry by asking them about everything — except mining. This month, we feature John Burzynski, chairman…
Fortuna Silver takes US$90.6M charge on Mexican mine closure
After more than a decade in operations, Fortuna Silver (TSX: FVI; NYSE: FSM) will cease activities at its San José mine in Mexico later this year, earlier than the previously…
Exclusive: Record gold price a product of global risks, Barrick CEO Bristow says
The price of gold hit new records this week as concerns mounted about slowing growth in China, Europe and the United States even as stock markets rebounded and bond yields…
PDAC 2024: Demand, energy transition tailwinds to elevate copper, say bankers
Copper is a good bet to outperform other major metals over the next year, based on strong market fundamentals, senior Canadian bankers told delegates this week at the world’s largest…
SolGold to invest US$3.2B in Cascabel under deal signed with Ecuador
Shares in Ecuador-focused SolGold (LSE: SOLG; TSX: SOLG) shot up more than 23% on Wednesday after the company committed to invest US$3.2 billion in its flagship Cascabel copper-gold project and…
Feds plan scrutiny of Chinese offtake deals, minister says at PDAC
The federal government says it’s considering how to handle offtake agreements that function as loans or investments by China in Canadian mining companies as it continues to clamp down on…