What’s driving gold miners’ copper craze?
Gold miners have never been more bullish. But not on gold — on copper. The red metal is one of the driving forces behind Newmont’s takeover of copper-rich fellow gold…
Newmont
Glencore buys Pan American’s stake in Argentinean copper project
Glencore (LSE: GLEN) is buying out a 56% stake in Argentina’s MARA copper project from its partner Pan American Silver (TSX: PAAS; NYSE: PAAS) for US$475 million, as part of…
Site visit: Sitka Gold drills to expand RC gold project as Snowline steals Yukon limelight
Cor Coe might be the Maytag repairman of mining. He’s sure he’s got a good product but no one’s calling. The CEO of Sitka Gold (CSE: SIG) is sitting on…
Canada’s regulator clears Newmont’s acquisition of Newcrest
Mining giant Newmont (NYSE: NEM) said on Tuesday the Canadian Competition Bureau had cleared the company to proceed with its intended acquisition of Australia’s Newcrest Mining (ASX: NCM; TSX: NCM)….
Strike at Newmont’s Peñasquito to further hurt Mexico’s mining sector
Mexico’s chamber of mines (Camimex) is warning the halt of Newmont’s (TSX: NGT; NYSE: NEM) Peñasquito gold-silver operation due to a strike now on its fourth week, will have a…
Nova Royalty acquires copper NSR on Newmont’s Saddle North in BC
Nova Royalty (TSXV: NOVR; US-OTC: NOVRF) is adding a high-quality copper project to its portfolio with the acquisition of a 0.25% net smelter return (NSR) on the Tatogga property, which…
Newmont declares force majeure on Peñasquito deliveries amid worker strike
Gold giant Newmont (NYSE: NEM; TSX: NGT) has declared force majeure on deliveries of some metal products from its Peñasquito mine in Mexico, as a strike drags on. The US-based…
Mining deal-making declines, but Beaty and others see opportunities
As the value of mining industry mergers and acquisitions falls from last year’s high, some investors see divergent trends moderating conditions. They say share prices are reasonable or low for…
Evolution Mining to expand two gold mines in Australia
Evolution Mining (ASX: EVN), Australia’s third-biggest gold miner, announced on Monday that is going ahead with two major expansions plans at its Mungari and Ernest Henry operations. The company also…
Site visit: How big can MPD get? Kodiak Copper drills to expand mineral footprint
When mineral mastermind Chris Taylor gets behind a grassroots exploration project it behooves investors to sit up and pay attention – he did after all sell an Ontario pre-resource stage…
Greatland Gold inks deal with Rio Tinto for Western Australia expansion
Greatland Gold (LSE: GGP) said Tuesday that it has entered a farm-in and joint-venture agreement with Rio Tinto (ASX: RIO; LSE: RIO) to speed up exploration across a tenure near…
SolGold mulling phased development of Cascabel copper mine
Ecuador-focused SolGold (LSE: SOLG) is considering a phased approach to the development of its flagship Cascabel copper-gold project in the Andean country as a way to reduce upfront capital and…