US stocks mixed, Jan. 20-24: Barrick, Fortuna, Coeur, Freeport-McMoRan
The Dow Jones Industrial Average rose 1.22% to 28,989.73 and the S&P 500 Index fell 1.03% to 3,295.47. Spot gold climbed US$14.90 per oz. to finish at US$1,571.60 per ounce….
Barrick Gold Corporation
Consolidation will continue in the gold sector, B of A says
A new report from Bank of America Securities puts the total deal value of global gold mergers and acquisitions last year at US$20.19 billion — the highest in nine years…
Chile’s top court backs Barrick in Pascua Lama water case
Chile’s Supreme Court handed another small victory to Barrick Gold (TSX: ABX; NYSE: GOLD) after rejecting an appeal by a local indigenous community asking for a revision of the water…
Maverix proves skeptics wrong
In the three and a half years since Geoff Burns cofounded Maverix Metals (TSX: MMX; NYSE-AM: MMX) with CEO Daniel O’Flaherty in July 2016, the royalty and streaming company’s portfolio…
BC, Yukon and NWT Snapshot: Eight players advancing assets in attractive jurisdictions
The natural endowment of British Columbia, the Yukon and Northwest Territories continues to drive mineral exploration and development. Here is a sample of eight companies active in the region. American…
Klondike Gold hunts for source of the Yukon Gold Rush
Few stories in mining history rival the lore of the Klondike Gold Rush. Photographs of hordes of fortune-seekers climbing the Chilkoot Pass in the late 1890s are some of the…
Snapshot 2020: Eight companies making waves in the year ahead
The past year was a time of growth and transformation for many mining and exploration companies. Here’s a list of eight companies with milestones to hit next year. Barrick Gold…
Poor market conditions derail Triple Flag IPO
Royalty and streaming company Triple Flag Precious Metals has cancelled a planned initial public offering (IPO) due to poor market conditions. “While the company has been encouraged by investor interest…
Teranga buys Barrick’s Massawa in Senegal
Barrick Gold (TSX: ABX; NYSE: GOLD) is selling its 90% stake in the Massawa gold project in Senegal to Teranga Gold (TSX: TGZ; US-OTC: TGCDF) for US$300 million in cash,…
Zijin Mining to acquire Continental Gold for $1.4B in cash
In the latest megadeal sweeping the gold sector, Zijin Mining Group is buying Continental Gold (TSX: CNL; US-OTC: CGOOF) for $1.4 billion in cash. The Chinese gold miner is on…
Young Mining Professionals announces scholarship winners
Young Mining Professionals (YMP) has announced its 2019 scholarship recipients. A total of $44,000 in scholarships will go to Canadian students pursuing careers in the mining industry. The awards are…
Premier and Nevada Gold Mines begin commercial production at El Nino
Commercial production at the El Nino gold mine in Nevada’s Carlin Trend started ahead of schedule and on budget, Premier Gold Mines (TSX: PGM; US-OTC: PIRGF) reports. Premier owns 40%…