O3 Mining shares surge on $204M Agnico Eagle takeover offer
O3 Mining (TSXV: OIII) shares soared 55% Thursday morning after it signed an agreement for Agnico Eagle Mines (TSX: AEM; NYSE: AEM) to acquire it for about $204 million. The…
Eldorado Gold
JV Article: Wall of Water fire suppression system protects mines from raging forest fires
An Ottawa-based company has developed a new fire prevention technology for mines and exploration camps susceptible to the increasing prevalence of forest fires. The patented fire prevention technology, described by…
Eldorado funds Brixton Metals’ BC gold quest
Mid-tier producer Eldorado Gold (TSX: ELD) is pledging nearly $6.5 million to advance Brixton Metals‘ (TSXV: BBB; US-OTC: BBBXF) search for the source of river gold that once produced a…
G Mining buys Reunion’s Oko West gold project in Guyana for $875M
Montreal-based G Mining Ventures (TSX: GMIN; US-OTC: GMINF) is expanding its South American holdings by taking over Reunion Gold’s (TSXV: RGD; US-OTC: RGDFF) Oko West gold project in Guyana in…
Video: Eldorado Gold geared for growth as Skouries build progresses
Eldorado Gold (TSX: ELD; NYSE: EGO) expects its production profile to swell about 45% over the next four years to 703,250 oz. gold per year, CEO George Burns says. The…
Eldorado Gold buys 9.9% of Amex Exploration to boost Perron project in Quebec
Eldorado Gold (TSX: ELD; NYSE: EGO) is buying almost 10% of Amex Exploration (TSXV: AMX; US-OTC: AMXEF) to advance the Perron gold project in the same northern Quebec district as…
Site visit: O3 Mining preps to be new node in Val-d’Or ‘circular economy’
Val-d’Or, Que. – Look towards the horizon from the viewing tower at Parc Belvédère in Val-d’Or, Que., and it’s just visible where a new kid on the block wants to…
Credit rater Fitch upbeat on gold majors’ resilience amid hazy markets
Fitch Ratings of London has issued a stable credit outlook for global gold producers, citing their strong financial metrics and debt reduction despite higher inflation, interest rates and geopolitical risk….
Eldorado secures 80% of Skouries gold-copper project funding
Canada’s Eldorado Gold (TSX: ELD, NYSE: EGO) said on Wednesday it had secured previously announced €680 million (about $999 million) in financing facility for the development of its long-delayed Skouries…
Video: Eldorado Gold cashed up to complete Skouries build
The Northern Miner’s western editor, Henry Lazenby, interviews Eldorado Gold president and CEO George Burns during the PDAC 2023 convention in Toronto. Burns outlines the company’s recent financing to complete…
Digital tech boosts mine output, links up machines by networks
The digital transformation is well underway, with many mining companies increasingly turning to automation and internet of things (IoT) technology to make their operations safer and more efficient. Senior executives…
Eldorado Gold board okays Skouries gold-copper project restart
Canada’s Eldorado Gold (TSX: ELD; NYSE: EGO) said the board has approved an investment decision and full restart of construction activities at its Skouries gold-copper project in northern Greece. The…