Great Bear raising C$37m for Red Lake gold exploration
Company has entered into an agreement with Cormark and CIBC Capital Markets to act as co-lead underwriters and joint bookrunners for the purchase of 2 million flow-through common shares.
Company has entered into an agreement with Cormark and CIBC Capital Markets to act as co-lead underwriters and joint bookrunners for the purchase of 2 million flow-through common shares.
Chapada copper and production in Brazil both exceeded annual guidance.
Market sentiment and speculative positioning will keep gold prices volatile, the debt ratings agency said.
The Russian miner saw sales grow more than three fold in the fourth quarter of 2020 to 17 million carats.
The South African miner saw a positive recovery in the second half of 2020.
The new chairman of the CBI asked governments and industry to help accelerate the development of advanced battery technologies.
Friendly acquisition expands the miner's footprint and landholdings in Quebec by about 550%.
Griffith will take the helm in April after current CEO Nick Holland retires.
Hardrock is one of the most significant large-scale, permitted, mine development opportunities in North America, company says.
Long term fundamentals of the bellwether metal remain intact however according to new note from debt ratings agency.
An 11% increase in gold prices can translate into 30% more cash for gold producers, says VanEck investment management.