Volume 104 Number 13 June 25 – July 8, 2018

Ivanhoe founder Robert Friedland shakes hands with former CITIC chairman Wang Jun in 2003. Credit: Ivanhoe Mines.

CITIC buys 19.9% of Ivanhoe

CITIC Metal, subsidiary of Chinese company CITIC, will acquire a 19.9% stake in Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF), making it the company’s largest single shareholder. The companies signed the…

Drillers and artisanal miners on Orca Gold’s Block 14 gold property in northern Sudan in late 2017. Photo by Richard Quarisa.

Resolute Mining to invest $21M in Orca Gold

African-focused gold miner Resolute Mining (US-OTC: RMGGF) is investing nearly $22 million in Orca Gold (TSXV: ORG: US-OTC: CANWF) in a two-tranche deal that Orca expects will close this July….

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