Kinross denies Reuters report ‘putting future deals in Russia on hold’
A Reuters news report stating Kinross Gold (TSX: K; NYSE: KGC) is “putting future deals in Russia on hold” after recently acquiring a development project in the country is “an…
Russia and CIS
Odds ‘n’ Sods: Surviving Soviet-style exploration
After the collapse of the Iron Curtain, Eastern Europe was a rich hunting ground for mineral exploration companies. In the mid-1990s, I was part of a small, enthusiastic team assembled…
Kinross picks up Chulbatkan in US$283M deal
Kinross Gold (TSX: K; NYSE: KGC) is leveraging its expertise as a cold-climate, heap-leach operator with a 24-year operating history in Russia by acquiring N-Mining’s Chulbatkan project in Russia’s Far…
Orsu Metals tallies first resource at Russian gold project
Five years ago a private group of Russian businessmen, known as Sibzoloto Partners, acquired the Sergeevskoe gold project in southeastern Siberia, 550 km from Chita, an administrative city near Russia’s…
Interview: North American Palladium CEO Jim Gallagher on global palladium markets
The following is an edited transcript of a portion of a podcast interview with James Gallagher, president and CEO of North American Palladium (TSX: PDL; US-OTC: PALDF). Gallagher discusses the…
Editorial: Central banks are major gold buyers in 2019
With the gold market’s supply and demand numbers coming in for the first two to three months of 2019, one of the features of this year that’s coming into focus…
B2Gold earmarks US$43M for global exploration
B2Gold (TSX: BTO; NYSE-AM: BTG) was created as a junior exploration company in 2007, and since then it has grown to become an intermediate gold producer, with five mines in…
Nordgold boosts stake in Columbus Gold
Russian billionaire Alexey Mordashov’s mining company, Nordgold, has increased its stake in Canadian junior Columbus Gold (TSX: CGT; US-OTC: CGTTF) to 9.96% on a non-diluted basis, and 11.18% if it…
Orsu connects targets at Sergeevskoe in Russia
Orsu Metals (TSXV: OSU; US-OTC: ORSYF) has connected its Klyuchi West and Kozie gold targets into a 250-metre wide gold mineralized stockwork that extends for 750 metres at its Sergeevskoe…
BMO launches coverage of Kazatomprom
BMO Capital Markets has initiated coverage of Kazakhstan-based uranium producer Kazatomprom (LON: KAP), with an outperform rating and a target price of $17 per share. The company recently listed about…
Chaarat to buy Kapan mine as part of ex-USSR consolidation strategy
Chaarat Gold Holdings (LON: CGH) struck a deal at the end of October to acquire the Kapan gold mine in Armenia from Polymetal International (LON: POLY) for US$55 million. The…
Malmyzh sale brings EMX Royalty US$65M windfall
Seven years ago, EMX Royalty (TSXV: EMX; NYSE-AM: EMX) identified privately held IG Copper and its Malmyzh copper-gold porphyry project in Russia as a strategic investment opportunity, and poured US$13…