December 14, 2018 Paulson’s success at Detour Gold could serve as ‘template’ for future activism Paulson's campaign could have implications across the sector, where activism is historically low, returns have been disappointing, compensation is above-average and insider ownership is below-average.
December 14, 2018 Barrick ups investment in Reunion Gold, hopes for big payoff in Guiana The Toronto-based company, which already owns 15% of Reunion, said the fresh $2.27-million investment leaves its stake in the Quebec-based miner unchanged.
December 13, 2018 Wesdome upgrades Kiena resources, extends Deep A zone along plunge Wesdome Gold Mines of Toronto has circulated an interim mineral resource for its 100% owned Kiena mine complex in Val d’Or.
December 13, 2018 Detour Gold interim CEO, chairman lose out to Paulson nominees Paulson, who owns about 6% stake in the gold miner, had nominated eight members to the board.
December 13, 2018 Barrick aborts earn-in joint-venture on ATAC Resources’ Orion project Shares of ATAC Resources plunged 25% on news that Barrick Gold is terminating its earn-in joint venture on the junior’s Orion project.
December 13, 2018 Gold Fields to restart production in South Africa as workers return Workers downed tools in November after the bullion producer announced plans to cut 1,100 jobs at the mine - near a third of its workforce.
December 13, 2018 Sibanye-Stillwater extends wage agreement to striking gold workers Potentially putting an end to a strike that has seen almost half of its employees down tools since mid-November.
December 13, 2018 Kirkland Lake drills high grade extensions at Fosterville The company expects to produce at least 330,000 oz. gold in 2018 at Fosterville.
December 13, 2018 OK2 buys three mines in Scandinavia Together with the acquisition, the Vancouver-based miner will change its name to Norra Metals Corp.
December 12, 2018 Minera Alamos gets funding for Mexican gold project The Toronto-based miner needed to complete a change of land use payment.
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