Pure Gold raises $25M to ramp up Red Lake mine; AngloGold ups stake
Pure Gold (TSXV: PGM; LSE: PUR) is raising $25 million in two separate financings with which to ramp up production at its PureGold mine in Red Lake, Ontario. The company…
AngloGold Ashanti
AngloGold closer to production in Nevada with Corvus takeover
South Africa’s AngloGold Ashanti (NYSE: AU; JSE: ANG) expects to start producing gold in Nevada, U.S., by 2025 at the latest, as the company officially took over Canada’s Corvus Gold…
Corvus agrees to $370M takeover by AngloGold Ashanti
Corvus Gold (TSX: KOR; NASDAQ: KOR) said the majority of its shareholders voted in favour of AngloGold Ashanti (NYSE: AU) taking control of the company in a deal valued at…
Guinea junta names AngloGold executive as mines minister
Guinea’s junta has appointed Moussa Magassouba, the director general of AngloGold Ashanti’s (NYSE: AU; JSE: ANG) local subsidiary as the country’s mines and geology minister, two months after the elite…
Colombian regulator shelves AngloGold’s permit request for Quebradona
AngloGold Ashanti (NYSE: AU; ASX: AGG; JSE: ANG) said today that Colombia’s environmental regulator or ANLA, its initials in Spanish, had shelved the permit application for its Quebradona copper-gold project. …
Global Mining Symposium: B2Gold expects robust H2 performance on all metrics
Canada’s youngest senior gold producer, B2Gold (TSX: BTO; US-OTC: BTG), expects to report robust operating and financial metrics for the second half of 2021, the company’s VP for investor relations,…
Asante Gold makes US$5 million investment in Roscan
Roscan’s primary asset is the Kandiolé project, located east of B2Gold’s Fekola mine in West Mali.
AngloGold firms up Corvus Gold acquisition
AngloGold had submitted an offer in July to buy the remaining 80.5% of Corvus for $370 million.
Roscan reports high-grade results from Kandiole project
Roscan Gold (TSXV: ROS; US-OTC: RCGCF) has released a new batch of drill results from its Kandiole project in Mali, about 400 km west of the nation’s capital, Bamako, and…
US markets climb, Aug. 2-Aug. 6
The Dow Jones Industrial Average gained 273.04 points or 0.78% to 35,208.51 during the Aug. 2-6 trading week and the S&P 500 rose 41.26 points or 0.94% to 4,436.52. Spot…
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,…
Top Australian capital raises seek to create mining value
Australia-headquartered miners have been tapping the capital markets in the year to July 14 to raise a total of US$2.33 billion in capital, according to an analysis by the Northern…