BMO cautions against excess gold sector royalty deals
A trend among gold developers to write royalties as a strategy to raise investor value amid a stifled financial market carries high risks, a new BMO Capital Markets report found…
South America
Orea Mining to delay 2023 financial statements filing
Canadian gold explorer and developer Orea Mining (TSX: OREA; US-OTC: OREAF) said on Wednesday that it won’t file its financial results for the latest fiscal year on time due to…
Teck inks JV deals with AbraSilver and Condor Resources in South America
Teck Resources (TSX: TECK.A/TECK.B; NYSE: TECK) will be part of two new copper-gold joint venture projects in South America, its partners announced on Tuesday. In Argentina, a Teck subsidiary has…
Gold Fields delays start of US$1B Chilean project to April
South Africa’s Gold Fields (NYSE: GFI) has once again delayed first gold production at its Salares Norte project in Chile from last month until April 2024, citing delays caused by…
The biggest global mining news of 2023
The mining world was pulled in all directions in 2023: the collapse of lithium prices, furious M&A activity, a bad year for cobalt and nickel, Chinese critical mineral moves, gold’s…
Cash-strapped Horizonte secures US$20M to advance Araguaia nickel project in Brazil
Nickel developer Horizonte Minerals (AIM: HZM; TSX: HZM) has tapped Glencore (LSE: GLEN), Orion Mine Finance Management and London-based La Mancha Resource Capital for $US20 million to advance the Araguaia…
Andean Precious Metals adds eight years to Bolivia silver mine life
A new reserve estimate for the San Bartolomé silver mine in Bolivia underpins an eight-year extension to the mine plan through 2028, Andean Precious Metals (TSXV: APM; US-OTC: ANPMF) said…
Serra Verde secures regulatory approval for first phase of Brazil rare earths mine
Rare earth elements (REE) developer Serra Verde has received an environmental operating licence for the first phase of its Pela Ema project in east-central Brazil, giving the company its necessary…
Tracking the lithium offtake deal landscape worldwide
Car companies are forging new relationships with miners for lithium supply, and in some cases governments are also providing funds to advance these critical projects. Here’s a look at some…
Rio2 stock soars 31% on Fenix gold project environmental approval in Chile
Shares in Canadian gold junior Rio2 (TSXV: RIO; US-OTC: RIOFF) rose to their highest level in a year after the company announced the successful approval of the environmental impact assessment…
Reunion Gold settles claim brought by Barrick on alliance termination
South America-focused explorer Reunion Gold (TSXV: RGD; US-OTC: RGDFF) has settled a claim brought by Barrick Gold (TSX: ABX; NYSE: GOLD) with respect to a strategic alliance agreement signed by…
AngloGold Ashanti invests in G2 Goldfields as Guyana faces annexation threat
AngloGold Ashanti (NYSE:AU), the fourth-largest gold producer, is buying a stake in Guyana-focused G2 Goldfields (TSXV: GTWO; US-OTC: GUYGF) even as neighbouring Venezuela vows to seize the land where its…