Jaguar Mining raises $25m; stock up over 40%

The gold giant, which already owns 63.9% of the African company, now has until July 9 to come up with a new and formal offer for the remaining shares.

US lawmakers have sent a letter to the premier of Canada’s British Columbia complaining about the “lack of oversight” of mining projects in the western province, many of which they say are endangering cross-border rivers.

Company had to halt mining and processing at Youga last week over disagreements between workers and a proposed open pit mining contractor.

Unity Metals has expanded its operational footprint in southwestern British Columbia by staking an additional 739 hectares.

Getting permission to mine in British Columbia may be difficult, but it’s not impossible it just takes patience

The seven-week stoppage cost the company and Mexico millions daily.

Informal methods of gold production, known as "artisanal" or small-scale mining, have grown rapidly in recent years as demand for gold has boomed, pushing prices higher.

Barrick must either firm up its proposal to acquire the 36.1% of Acacia it does not own by June 18, or walk away for at least six months under British takeover law.

Though traditionally slow in adopting technological innovations, miners are increasingly adopting blockchains and smart contracts as a source of productivity and transparency gains.