Yamana Gold (TSX: YRI; NYSE: AUY; LSE: AUY) is expanding its footprint in the precious metals-rich Abitibi region of Quebec, Canada, by acquiring all shares in smaller rival Monarch Gold (TSX: MQR) it does not already own for $152 million…
Amidst a growing gold rally, CMJ highlights Canada’s Top 10 gold mines.
For emerging Canadian gold mining company Monarch Gold Corporation (TSX: MQR), 2020 has been anything but a slow period. While other sectors in the mining industry have seen their operations disrupted by the Covid-19 pandemic, the team at Monarch have…
With Monday’s announcement from Quebec Premier François Legault declaring mining operations in the province an essential service, mines will be allowed to start back up on Wednesday, Apr. 15, with additional health and safety precautions. In response, miners have issued releases…
Given the market volatility from the spread of COVID-19, the outlook for gold remains uncertain. Nevertheless, gold exploration and mine development remain important drivers of mining activity. Here are eight companies with exposure to gold and precious metals. Bear Creek…
MONTREAL – Newly launched royalty company Nomad has entered into purchase agreements worth US$268 million with Orion Resource Partners and US$65 million with Yamana Gold to acquire portfolios of royalty, stream and gold loan assets. “Together with our partners, Orion…
TORONTO – Miner Yamana Gold has released 2019 production results with 1.02 million of gold-equivalent oz. slightly exceeding the company’s guidance for 1.01 gold-equivalent oz. Three underground mines in South America: Jacobina, El Penon and Minera Florida appear as outperformers…
Another star of Canadian mining leadership has been added to our subscriber-only video series TNM Leaders. Peter Marrone, executive chairman of Yamana Gold, answers questions such as “What book changed your life?” “What advice do you have for first-time managers?”…
Toronto — The Young Mining Professionals (YMP) is bumping up its YMP Scholarship Fund for the 2019-20 academic year for students in mining-related university programs in Canada. The YMP Scholarship Fund is a a registered charity that donates 100% of…
TORONTO – Yamana Gold has agreed to sell its Chapada copper-gold mine to Lundin Mining in a deal said to be worth over $1.0 billion (all figures are U.S. dollars). The mine is located in Brazil’s Goias state and owned…
ARGENTINA – Vancouver’s Goldcorp, Toronto’s Yamana Gold and Glencore International of Switzerland have struck a deal to develop and operate the Agua Rica copper project using the infrastructure of Minera Alumbrera in the Catamarca province. The partners expect to realize…
While gold miners have been making substantial profits in recent quarters thanks to rising gold prices and better operational and financial discipline, they continue to seek new ounces via the drill bit to fill their production pipeline. Below is look…