Lundin is buying out the remaining stream credit facility and offtake agreement for its 100% owned Fruta del Norte mine.

Newmont also saw higher average gold price at $2,090 per ounce in the January-March quarter.

Africa's top oil producer, which is also rich in lithium, gold and limestone, will grant mining licences to only companies that process their minerals locally after toughening licensing rules for foreign companies last year.

Mine Workers Union says the company lacks the finances to invest and operate the Bogoso-Prestea gold mine it acquired more than three years ago.

The filing of a resource estimate in November qualified Power Nickel for 30% more in the project to conclude the earn-in agreement.

Each party will have the right to invest between 25% and 50% in select asset transactions with a value of $30 million or more.

Equinox bought Premier Gold for the project, located 275 km northeast of Thunder Bay.