Investment

Gold explorer Idaho Champion purchases six claims in Idaho County

Idaho Champion Gold Mines Canada has acquired six claims, spread over a total of 422 hectares in Idaho County, Idaho within the BC Claim Block.

Centerra Gold sells Mongolian business unit to OZD

Centerra Gold has completed the sale of its Mongolian business unit, including the Boroo Gold Mine and processing facility and the Gatsuurt Gold Project to OZD for $35m.

Golden Arrow to acquire Atlantida copper-gold project in Chile

Golden Arrow has signed agreements to acquire the 3,450 hectare Atlantida copper-gold project in Chile’s 3rd Region.

Pacton Gold to acquire 70% stake in Hong Kong project

Pacton Gold has entered into a binding letter of intent (LOI) to acquire a 70% stake in the Hong Kong project from Clancy Exploration.

La Mancha invests $125.7m in Golden Star Resources

Golden Star Resources has secured a $125.7m investment from La Mancha, a Luxembourg-based private gold investment company.

Rio Tinto and partners to invest $1.6bn on two Australian iron ore projects

Mining giant Rio Tinto and its partners Mitsui and Nippon Steel & Sumitomo Metal have sanctioned a $1.55bn investment to maintain production capacity at two Australian iron ore projects in the Pilbara region.

ANS signs deal to acquire stake in Tulu Kapi Gold Project company

KEFI Minerals announced that ANS Mining Share Company (ANS) has signed an agreement for its subscription of new equity capital into Tulu Kapi Gold Project company Tulu Kapi Gold Mines for a minimum of $30m.

Americas Silver, Pershing Gold announce merger of two mines

Americas Silver and Pershing Gold have entered into an agreement to complete a business combination (merger) and create a low-cost, precious metal growth company in the Americas.

Regis Resources withdraws takeover proposal for Capricorn Metals

Regis Resources has ceased takeover discussions with Capricorn Metals, after the Capricorn’s largest shareholder Hawke’s Point refused to support the deal.