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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...

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....

West Red Lake Strikes Gold with $20 Million Offering Tied to Gold

Embracing Gold in Financial Ascent West Red Lake has recently made headlines in the financial world as it successfully raised $20 million through gold-linked note financing. These notes, set to mature on December 31, 2029, carry a tantalizing coupon rate of 12% per annum,...

Montage Gold’s Koné Gold Project Shows Improved Economics...

In a striking turn of events, Montage Gold has made significant progress in enhancing the economics of its Koné...