TSX down, Sept. 13-17
The S&P/TSX Composite Index fell 142.7 points or 0.69% to finish the September 13-17 trading week at 20,490.41. The S&P/TSX Global Mining Index fell 4.83 points or 4.76% to 96.75…
Gran Colombia Gold
Gran Colombia Announces Closing of Offering of US$300 Million
Gran Colombia Gold (TSX: GCM; OTCQX: TPRFF) has completed its previously announced offering of US$300 million in 6.875% senior unsecured notes that are due in 2026. South America-focussed Gran Colombia…
Goldsource seeks to chart scalable development of Eagle Mountain
Goldsource Mines (TSXV: GXS) is rapidly advancing the Eagle Mountain project in Guyana, the country’s second-largest undeveloped gold deposit, CEO Steve Parsons tells The Northern Miner in an interview. On…
Snapshot: Eight companies at work in South America
South America is home to rich deposits — not only of gold and silver, but of copper, zinc and lithium. Here are eight Canadian companies that are making the most…
Gran Colombia offers $315M in friendly, all-share offer for Gold X
Gran Colombia Gold (TSX: GCM) is acquiring Gold X Mining (TSXV: GLDX) in an all-share deal valued at $315 million, after a three-way merger proposal that included Guyana Goldfields was…
Global Exploration Snapshot: Eight companies advancing projects around the world
With few mineral discoveries made over the past decade, the industry is now on the lookout for new deposits and future mines. Below, we provide an overview of eight companies,…
Gran Colombia’s Segovia continues to deliver with over 220,000 oz gold in 2020
Gran Colombia Gold (TSX: GCM) churned out 220,194 oz. of gold from its operations in Antioquia, Colombia, 180 km northeast of Medellin last year, meeting its production guidance for the…
Bull market for base metals likely to remain intact, says David Rosenberg at the Global Mining Symposium
The Northern Miner’s Global Mining Symposium virtual conference this week – the second one this year – was yet another resounding success, with thousands of viewers tuning in from around…
Caldas Gold adds to Juby resource in Ontario
An updated resource estimate for Caldas Gold’s (TSXV: CGC) Juby gold project in Ontario, 15 km from Gowganda, features two open-pit deposits, with a total of 21.3 million indicated tonnes…
Zijin Mining revealed as the mystery buyer of Guyana Goldfields
China’s Zijin Mining has emerged as the unnamed multinational that trumped Silvercorp Metals’ (TSX: SVM; NYSE: SVM) bid for Guyana Goldfields (TSX: GUY), with a deal that values the target…
Colombia, Ecuador & Peru Snapshot: Companies active in prospective countries
Colombia, Ecuador and Peru all host prospective geological settings for mineral exploration. While they remain under-explored by modern-day standards, South America’s reputation as an established mining destination gives a head…
Gran Colombia Gold to spin off Marmato project
Gran Colombia Gold (TSX: GCM) expects to complete in February the spin-off of its Marmato project, located in Colombia’s department of Caldas, into a separately listed company, executive chairman Serafino…