RANKED: World’s ten biggest gold mining companies
Gold made history in 2020 when the price hit a record high in August as pandemic concerns weighed on investor sentiment. Gold mining has been a hallmark of commerce across the ages,…
Agnico Eagle Mines
Maple Gold Mines to buy former Eagle mine in Quebec
Maple Gold Mines (TSXV: MGM; US-OTC: MGMLF) has entered into an option agreement with Globex Mining Enterprises (TSX: GMX; US-OTC: GLBXF) regarding the past-producing Eagle gold mine, 60 km southwest…
Fortuna Silver shareholders back acquisition of Roxgold
Shareholders of both Fortuna Silver Mines (TSX: FVI; NYSE: FSM) and Roxgold (TSX: ROXG) have approved the business combination of the companies in an all-share deal valued at about $1 billion (US$884.3 million) The deal, first announced…
Canada’s Top Ten miners by market cap
Canada is considered one of the world’s premier mining jurisdictions thanks to its refined financial services industry, skilled workforce and robust regulatory environment. The Toronto Stock Exchange is the world’s…
David Garofalo’s Gold Royalty to acquire Ely Gold Royalties
Gold Royalty (NYSE-AM: GROY), which has a portfolio of 18 net smelter return royalties ranging from 0.5% to 2.0% covering 12 projects in the Americas, is acquiring Ely Gold Royalties (TSXV: ELY; US-OTC:…
JV Article: Kirkland Lake Gold partnership could lead to world-class discoveries, says Stephen Stewart of Orefinders and Mistango
A new strategic partnership and equity investment by Kirkland Lake Gold (TSX: KL; NYSE: KL; ASX: KLA) into Orefinders Resources (ORX: TSXV) and Mistango River Resources (CSE: MIS) will allow the two Canadian juniors to “unlock…
Global Mining Symposium: Garofalo on Gold Royalty’s role in reversing the reserve decline
The precious metals-focused royalty and streaming business model continues to unlock value through win-win deals for exploration and development, Gold Royalty (NYSE-AM: GROY) CEO David Garofalo told The Northern Miner’s…
Fortuna Silver to buy Roxgold in US$884 million deal
Fortuna Silver Mines (TSX: FVI; NYSE: FSM) is buying Roxgold (TSX: ROXG; US-OTC: ROGFF) in an all-share deal valued at about $1 billion (US$884.32 million), as strong gold prices spurs a wave…
JV Article: Osisko Metals’ Pine Point on track to be a major source of clean, high-grade zinc concentrate
Osisko Metals’ (TSXV: OM; US-OTC: OMZNF) Pine Point project in the Northwest Territories has “all the ingredients you want for an outstanding base metals project,” says the company’s Chairman and…
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…
U.S. markets mixed, Feb. 15-19
The Dow Jones Industrial Average rose 35.92 points (0.11%) to 31,494.32 during the Feb. 15-19 trading week and the S&P500 fell 28.12 points (0.72%) to 3,906.71. Spot gold finished the…
Gatling Exploration’s shift in focus starts to pay off at Larder
Initial assays from Gatling Exploration’s (TSXV: GTR; US-OTC: GATGF) 25,000-metre drill program at its Larder gold project in northern Ontario are validating the company’s decision to shift its exploration strategy to focus…