Investment

Greenstone Resources makes equity investment in Kalium Lakes

Kalium Lakes announced that it has secured a conditional cornerstone equity investment of $A20.8m from Greenstone for Beyondie Sulphate of Potash Project, in the East Pilbara region of Western Australia.

Maverix Metals buys silver stream from Ascendant Resources’ El Mochito Mine

Maverix Metals announced that it has signed a life of mine purchase and sale agreement for silver produced from the El Mochito Mine, owned and operated by Ascendant Resources.

Wolfden completes $2.5m financing with Kinross Gold

Wolfden Resources announced that it has completed a non-brokered private placement of 12,500,000 common shares of the Company at a price of C$0.20 per Common Share with Kinross Gold Corporation for gross proceeds of C$2,500,000.

KfW IPEX-Bank mandated for Epanko debt funding

Kibaran Resources announced that it has signed a new agreement with German KfW IPEX-Bank for debt funding of the Epanko Graphite Project.

Nordgold expands investment programmes in Burkina Faso

Nord Gold more than doubled capital expenditures in the development of its three mines in Burkina Faso to over $145m in 2018 from $62m in 2017.

BMA completes sale of Gregory Crinum Mine to Sojitz

BHP Mitsubishi Alliance (BMA), a joint venture between BHP and Mitsubishi Development, has completed the sale of the Gregory Crinum Mine in central Queensland, to Sojitz for $71m.

GoGold signs option agreement for exploration project in Mexico

GoGold Resources has signed an option agreement to acquire 29 concessions for Los Ricos, a large-scale exploration project located in Jalisco state, Mexico, following a long period of due diligence and negotiations.

Newmont secures Mexican anti-trust approval to acquire Goldcorp

Goldcorp announced that Newmont Mining has been granted clearance by the Comisión Federal de Competencia Económica (COFECE) with respect to its pending acquisition of Goldcorp.

Paulson opposes Newmont’s $10bn acquisition of Goldcorp

US-based gold and copper producer Newmont Mining has announced that its $10bn acquisition of Canadian gold miner Goldcorp is being opposed by Paulson & Co., a holder of 14.2 million shares of the US-based firm.