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Striking Gold: Greatland Gold Acquires Telfer, Havieron Stake from Newmont for $475 Million

Newmont's Divestiture Program Gains Traction Newmont's bold divestiture program gained momentum with the recent sale of Telfer and Havieron to Greatland Gold for a substantial $475 million. These assets were part of a strategic move devised by Newmont earlier this year, including the likes...
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McEwen raises $22 million for Stock East and West gold exploration

After paying agents fees, McEwen expects to net C$28.5 million. The Fox gold complex covers 70 sq. km. along 18 km of the Destor-Porcupine fault. It includes the 2,000 tonne per day Black Fox mill and the Black Fox mine to the east. The measured and...
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Cameco closes $366 million debt offering

“Consistent with the conservative financial management we have demonstrated, our capital allocation decisions are focused on maintaining the financial flexibility to execute on our strategy,” said Grant Isaac, Cameco’s EVP and CFO, in an earlier release. “In a market where we believe the demand...
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Hudbay Minerals closes $402.5 million upsized public offering

In total, Hudbay issued over 42.36 million common shares priced at $9.50 each, including the full exercise of the underwriters’ overallotment for about 5.52 million shares. Originally, it had planned to issue 31.6 million shares plus a 15% overallotment. By midday Friday in New York,...
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SQM invests $2 million in Chilean startup Movener

The company is SQM Lithium Ventures’ fourth investment, joining the UK-based companies Altilium Clean Technology and Salinity Solutions, as well as Electric Era in the US. The funding will help Movener with upcoming commercial endeavours and to further development its hybrid technology. The company has...
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G Mining buys Reunion’s Oko West gold project in Guyana for $638 million

G Mining plans to use $480 million in near-term free cash flowfrom the permitted and construction-ready Tocantinzinho gold project in Para state, Brazil, to advance Oko West through technical studies to a construction decision. Tocantinzinho is to start annual commercial production of about 200,000 oz....
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