Australian gold producer St Barbara (ASX: SBM) is acquiring 100% of Canadian gold producer Atlantic Gold (TSXV: AGB) in a deal valued at $802 million. St Barbara’s offer represents a 41.1% premium to Atlantic’s closing share price on May 14 and a 40.8% premium…
Garland, Texas – Epiroc Drilling Solutions, LLC., a leading productivity partner for the mining, infrastructure and natural resources industries, has acquired part of ASI Mining, LLC, a U.S.-based company that provides technology solutions for the autonomous operation of mining vehicles.…
Toronto – STRACON S.A., a majority owned subsidiary of Ashmore Group, announced that it acquired, through its wholly owned subsidiary STRACON International S.A.C., a 60% controlling interest in Dumas Holdings Inc.. Dumas is a leading, full-service, underground mining contractor, focused…
VANCOUVER – Peregrine Diamonds Ltd. is pleased to announce that it has entered into an arrangement agreement with De Beers Canada Inc. under which De Beers will acquire all of the Company’s outstanding common shares for $0.24 per share in…
TORONTO — Noront Resources Ltd. today announced that it has reduced the choice of prospective locations for its proposed ferrochrome production facility (FPF) to two Northern Ontario cities: Timmins or Sault Ste. Marie. Both Thunder Bay and Sudbury have been…
VANCOUVER – Goldcorp Inc. and Tradewind Markets, Inc., a financial technology company revolutionizing the way gold trades, announced that Goldcorp deposited the first gold onto Tradewind’s blockchain, known as VaultChain™, as the “genesis block”. A genesis block is the first block…
Melbourne – AMC Consultants (AMC) chose this year’s PDAC Convention to launch its new brand and website. Guided by a fresh focus—mine smarter—the move signals a new chapter for this veteran of mining that sees a bright future for the…
It is difficult to say when the ‘free’ gold market came into existence, since there always has been one. Yes, the gold price has been set and fixed by governments for long periods of time throughout history, as part of…
In an effort to diversify geopolitical risk and transform itself from a single-asset producer, Mexico-focused Alio Gold is buying Rye Patch Gold and its Florida Canyon mine in Nevada, one of two acquisitions announced this week of companies with projects in the mining friendly…
Drilling at Carube Copper’s (TSXV: CUC) 100% owned copper-gold Bellas Gate property in Jamaica returned positive drill results this October. Carube owns 11 properties across Jamaica covering 536 sq. km of mineral rights, but its focus is on Bellas Gate, which…
Firesteel Resources intends to reactivate the past producing Laiva gold mine located in central Finland, near the Gulf of Bothnia, in early December and begin producing gold in August 2018. To fund the project, it has entered a definitive prepaid forward…
Toronto – Argonaut Gold Inc. is pleased to announce it has closed the previously announced acquisition of the Cerro del Gallo through the purchase of all of the issued and outstanding shares of San Anton Resource Corporation, a subsidiary of Primero…