New Found Gold steps out Keats, shares up

Bear Creek would also consider selling a stake in the $550m Corani project in southern Peru to help pay for the project.

Buenaventura’s U.S. shares have surged 63 percent in the past two years, the most among peers.

Regulations to implement the new code are due to be signed into law next week.

The South African gold producer is setting aside pursuit of new acquisitions for a year as it focuses on its existing operations and nearby prospects instead, the bullion producer's chief executive told Reuters late on Tuesday.

While the global mining industry is quickly becoming more digitally mature, that transformation continues to focus on productivity and profitability, rather than on much needed innovation, a new study shows.

The London-listed firm is near the end of a quest to bring on technology to boost profits from the treatment of refractory gold ore.

The mining companies insist the government reinsert a stability clause, present in the former code.

Other than cash sum, the US miner is receiving 60 million Maverix common shares, representing a 28% stake in the Canadian company and warrants for an additional 10 million common shares.

Worldwide there are over 30,000 exploration projects.