Caldas Gold is raising $85 million through a subscription receipt offering with a group of investors that will result in a new board and management, as well as a new name – Aris Gold. Once the financing is completed, the…
Management appointments announced this week include: Defiance Silver has announced appointments to its executive and management teams. George Cavey has joined the company as VP of exploration. Douglas Cavey is joining as VP of corporate development and as a senior…
When Equinox Gold (TSXV: EQX; US-OTC: EQXFF) was formed in December 2017 as a three-way merger of Trek Mining, Newcastle Gold and Anfield Gold, it launched with a development asset in Brazil, a couple of non-core assets elsewhere in South America and…
VANCOUVER – Equinox Gold has attracted a $130-million (amounts are in U.S. dollars) investment from Abu Dhabi’s state owned Mubadala Investment Co. in the form of convertible notes. The notes are for five years with a 5% interest rate convertible…
MacLean Engineering, based in Collingwood, Ont., has hired Patrick Marshall as director of mining technology. The holder of a mechanical engineering degree from Australia, Marshall also has fleet management, automation management, technology application, and innovation team experience. He will be…
AngloGold Ashanti (NYSE: AU) has terminated the earn-in joint venture at Equinox Gold’s (TSXV: EQX; US-OTC: EQXGF) Aurizona gold mine project in northeastern Brazil. Equinox now has a 100% interest in the project. AngloGold spent US$9 million on exploration activities at Aurizona…
BRAZIL – Equinox Gold of Vancouver has begun stockpiling ore from the open pit Aurizona gold mine in the Maranhao state in preparation to resume production. Construction at the project is on time and on budget to pour gold by…
VANCOUVER – Equinox Gold Corp. has plans to transfer all its copper assets to a newly incorporated company named Solaris Copper. The new company will continue to advance the copper projects that belong to Equinox. These include the exploration stage…