Newmont to buy GT Gold
Newmont (TSX: NGT; NYSE: NEM), the world’s No. 1 gold miner, is acquiring all the shares it doesn’t already own in Canadian explorer GT Gold (TSXV: GTT) in a cash deal…
United States
First Majestic buys Nevada gold mine from Sprott
First Majestic Silver (TSX: FR; NYSE:AG) is buying the Jerritt Canyon gold mine in Elko County, Nevada, from Sprott Mining for US$470 million in shares and five million share purchase…
Wheaton enjoys record 2020 revenue of $1.1B
Wheaton Precious Metals enjoyed record 2020 revenues of $1.1 billion (all figures are U.S. dollars) with 627,063 oz. gold-equivalent sold. The figure includes sales of 367,419 oz. gold, 22,9 million…
Gold Royalty closes $90M IPO
Gold Royalty Corp. (NYSEA:GROY) and GoldMining Inc. (TSX:GOLD; NYSEA:GLDG) have successfully raised US$90 million through Gold Royalty’s initial public offering of 18 million units priced at US$5 per unit. The…
Barrick’s Bristow and Blackrock’s Hambro discuss ‘profits with purpose’ at PDAC
The 89th annual Prospectors and Developers Association of Canada convention kicked off yesterday a little differently – in an online format thanks to the ongoing coronavirus pandemic. The highlight of…
Rio Tinto to recover tellurium from waste at Kennecott mine for solar market
Rio Tinto (NYSE: RIO; LSE: RIO) is investing $2.9 million in a new plant at its Kennecott copper mine in Utah to recover tellurium, a critical mineral used to make…
Tesla gets involved in New Caledonia nickel mine to secure metal supply
Electric car maker Tesla (NASDAQ: TSLA) will become a technical adviser at the conflict-ridden New Caledonia nickel mine, as part of the company’s attempt to secure enough supply of the key battery…
Resource nationalism surge spells rough times for miners
Resource nationalism has spiked in more than 30 countries over the last year and more than half of those nations are key producers of minerals and hydrocarbons, a new study reveals….
Golden Predator to acquire Viva Gold and build ‘premier junior gold producer’
Golden Predator Mining (TSXV: GPY) has entered into a definitive arrangement agreement to acquire Viva Gold (TSXV: VAU) — bringing together Golden Predator’s past-producing Brewery Creek mine, 55 km from…
Standard Lithium produces high-purity Li₂CO₃, shares up
The company has successfully completed the conversion of its Arkansas-produced lithium chloride into 99.985% pure lithium carbonate.
Northern Dynasty to appeal latest negative Pebble permit decision
The U.S. Army Corps of Engineers has accepted the request of Northern Dynasty Minerals (TSX:NDM) to appeal the latest refusal to grant a water licence to the Pebble copper-gold-molybdenum project….
Project to capture 90% of all spent Li-ion batteries in the US gets government funding
The project is led by Everledger, HP, Call2Recycle and Fairphone.