LONDON: Gunsynd PLC (AIM: GUN) said Monday it has entered into a binding property purchase agreement to acquire historic mining licences in Manitoba, Canada, expanding its Barb Project with high-grade gold prospects. The agreement with vendor Peter Dunlop covers licences known as Lotus 1 and 2, Denver and Brook. The deal includes a CAD$250,000 cash…
SYDNEY: Australian gold exploration and development company Pacgold Limited (ASX: PGO) plans to recommence gold production at the newly acquired White Dam Gold Project by the fourth quarter of 2025, according to a company investor presentation. The acquisition of the South Australia-based project, located 50 kilometers west of Broken Hill, is central to Pacgold’s strategy…
SYDNEY: Ardiden Limited (ASX:ADV) announced on Oct. 10, 2025, that it has entered into a binding agreement to acquire Lac Gold Limited, consolidating the two companies to create a leading Canadian gold exploration and development company. The transformational merger will combine Ardiden’s Pickle Lake Gold Project in Ontario with Lac Gold’s advanced-stage Rouyn Gold Project…
BRISBANE: Pacgold Limited announced Tuesday it has executed an agreement to acquire 100% of the White Dam Gold Operation in South Australia from GBM Resources Ltd., a move the company says provides a clear pathway to near-term gold production and cash flow. The acquisition includes significant existing infrastructure, such as open pit mines, a heap…
PERTH: Predictive Discovery Ltd. and Robex Resources Inc. announced Monday a definitive agreement to merge in an all-share transaction valued at approximately A$2.35 billion (C$2.17 billion), forming one of West Africa’s leading mid-tier gold producers. Under the terms of the deal, Predictive Discovery (ASX: PDI) will acquire all outstanding shares of Robex (TSX-V: RBX, ASX:…
DENVER: Newmont Corp. announced Monday that President and Chief Operating Officer Natascha Viljoen will succeed Tom Palmer as chief executive officer, effective Jan. 1. Palmer, who has led the world’s largest gold miner since 2019, will step down from the board and retire as CEO on Dec. 31, capping a 12-year tenure with the company…
MEDELLIN: Mineros S.A. (TSX:MSA, MINEROS:CB), a leading Latin American gold producer, has announced the successful acquisition of the remaining 80% interest in the La Pepa Project from Pan American Silver Corp. for approximately US$40 million. With this transaction, Mineros now holds 100% ownership of the advanced-stage gold exploration asset located in Chile’s prolific Maricunga Gold…
LONDON: Ecora Resources PLC (LSE/TSX: ECOR, OTCQX: ECRAF) said Tuesday it has agreed to sell a wholly owned subsidiary holding a 2% Net Smelter Return royalty over the Dugbe Gold Project in Liberia to a subsidiary of Elemental Altus Royalties Corp. for up to $20 million. The consideration includes a $16.5 million upfront cash payment…
PERTH: Medallion Metals Ltd. (ASX:MM8) has executed a binding Asset Sale Agreement with IGO Ltd. to acquire the Forrestania Nickel Operation (FNO), marking a major milestone in its strategy to become a gold and copper producer in Western Australia. Under the agreement, Medallion will obtain full legal and beneficial ownership of the FNO tenements, including…
PERTH: Pantoro Gold Ltd. closed the fourth quarter of fiscal 2025 with robust results, reporting 25,417 ounces of gold production and a 95.8% recovery rate, underpinned by steady operations at its Norseman project. The company posted an all-in sustaining cost (AISC) of A$1,991/oz, yielding an EBITDA of A$80.4 million for the quarter. Ending June with…
SYDNEY: Loyal Metals Ltd. (ASX: LLM) announced Wednesday it has secured a binding option to acquire the Highway Reward Copper Gold Mine in Queensland, Australia — historically ranked among the highest-grade copper producers globally. Under the agreement, Loyal Metals plans to explore and potentially revive the mine, which ceased operations in 2005. Previously, the mine…
SYDNEY: Northern Star Resources Ltd and De Grey Mining Ltd have agreed to merge in a deal valued at approximately $5 billion. Under this arrangement, Northern Star will acquire all shares of De Grey, including its flagship Hemi gold project in Western Australia. Hemi is one of the largest undeveloped gold projects globally, with significant…