Gold price and reserve depletion to drive M&A – BofA
The total transaction value of mergers and acquisitions in the second quarter of the year reached $2.86 billion.
Northern Miner Staff
Posts by Northern Miner Staff:
Haywood lifts gold price forecasts
Haywood Securities has raised its gold price forecast for the second half of 2020 from $1,650 per oz. to $1,800 per ounce.
Kincora hits significant gold-copper mineralisation in Australia
Company has reported assay results from the first drill hole at its Trundle project in Australia.
Arizona Metals hits massive sulphide at Kay mine project
The phase 1 drill program began in January but was shut down in March due to the covid-19 outbreak.
Evrim and Renaissance join in ‘merger of equals’
The new company will have a royalty portfolio that includes a 2% net smelter return royalty on First Majestic’s Ermitano West gold deposit in Sonora.
YMP launches C$61.5K scholarship fund, including new lottery scholarship
Each of YMP’s scholarships includes cash incentives as well as internships with some of the donor companies.
Sama Resources reports PEA for Cote d’Ivoire project
A preliminary economic assessment of the Samapleu project estimates production of 14,100 tonnes of copper concentrate a year.
South America Snapshot: Eight companies active in the region
Region’s prospective geology, established mining jurisdictions and well-developed infrastructure encourage companies to explore.
Rockcliff hits near-surface copper and zinc at Freebeth
Drilling in Manitoba has returned high-grades including 5.28% copper equivalent over 2.3 metres and 4% copper-equivalent over 4.7 metres.
First Majestic eyes late 2027 restart for Jerritt Canyon
The restart plan includes a prefeasibility study targeted for completion in this year’s fourth quarter.