When American businessmen Rich Munson and John Adams made their first trip to Guyana as private investors in 1999 and picked up the rights to the 626-sq.-km. Toroparu concession in a remote part of the Upper Puruni River region, the…
Sandspring Resources (TSXV: SSP; US-OTC: SSPXF) is finalizing a preliminary economic assessment (PEA) for its Toroparu gold project in Guyana that rescopes the project’s pre-feasibility study (PFS) and includes a third gold pit. It aims to table the study in a…
After Sandstorm Gold (TSX: SSL) purchased Premier Royalty, Abraham Drost, the latter company’s CEO, found himself looking for his next gig.
IamGold chief executive Steve Letwin says the cash-rich miner plans to spend $400 million to $500 million on an acquisition in the Americas over the coming months. The mid-tier gold producer has about $1.4 billion in cash and no debt and wants…