September 16, 2024

Pasofino Gold receives $75 million cash offer

Upon approvals, the parties expect to enter into a definitive agreement in the fourth quarter of 2024, Pasofino said.

September 16, 2024

Atlantic Mining to pay Nova Scotia gold mine clean-up bond as it appeals conditions

Atlantic contends the provincial deadline for achieving water quality standards around the mine in Moose River is unreasonable.

September 16, 2024

Gowest Gold preps to go private as Chinese investors hold almost half of shares

The move coincides with some Canadian junior companies expressing frustration with the federal government for stymieing foreign investment in critical minerals.

September 16, 2024

Chinese investor steps in to block Paladin’s Fission Uranium buy

CGN Mining Company, a subsidiary of China General Nuclear Power with a 11.26% stake in Fission Uranium, is obstructing the tie-up.

September 15, 2024

Dearth of quality new gold discoveries to stifle supply — report

S&P also says it expects gold supply to peak in 2026 at 110 million ounces.

September 13, 2024

Precious Metals Summit: Top industry minds reflect on surging gold price, humdrum equities

Experts predict gold, which hit an all-time high of $2,554.78 per oz. on Thursday, to be on a long-term bull run.

September 13, 2024

Alamos Gold boosts production guidance by over 20% after Magino mine acquisition

Alamos has raised its 2025-2026 production guidance with the integration of Magino with the Island Gold operation in Ontario.

September 13, 2024

B2Gold raises cost estimate for Goose project in Nunavut by 23%

The increase is primarily owing to a three-month delay in the expected start of gold production.

September 13, 2024

Australia’s $1.8bn market cap Westgold joins TSX

The listing comes exactly six weeks since Westgold’s $826 million acquisition of Canada’s Karora Resources.

September 13, 2024

Aclara Resources to start rare earths production in Brazil in 2027

Rare earths developer aims to move start of operations forward at its flagship Carina project to 2027 from 2029.