Kirkland Lake buying Detour Gold in stock deal worth $3.7 billion
The Toronto-based miner is offering 0.4343 shares to Detour's shareholders for each share held — a premium of 23.8% to Friday's closing price.
Latest Stories
Condor Gold updates estimates for La India mine to include feeder pits
The news comes as the miner has just submitted two 600-page permit applications for the Mestiza and America satellites deposits.
Gold miners in Russia’s far east break 40-year production record – RT report
The government-controlled news site reports that total output from the Magadan region is 40 tonnes of gold since January 2019.
Lithium miner finances solar farm in Argentina
Livent’s subsidiary FMC - Minera del Altiplano pitched into a trust fund that allowed for the building of a 600.3-kilowatt solar farm in the Andes.
Criminal band kills at least three in Venezuelan mining town
The southern Bolívar state is besieged by irregular groups pushing to take control of placer gold mines.
Russia’s largest bitcoin mine turns water into cash
Bitriver already has clients from the US, Japan and China.
Global movements of Earth’s crust shown for the first time
Scientists combined satellite images and radio telescopes to show the movement of the Earth's surface as a result of geological and man-made forces.
MegumaGold expands exploration holdings at Touquoy mine
The deposits occur within a common mineralized structural corridor and were central to the St Barbara take over of Atlantic Gold for C$722 million in 2019.
EU to witness fastest growth in indirect demand for battery metals — report
Direct demand for nickel, cobalt and lithium will remain strongest in China, Fitch says.
