Integra Resources secures cash flow with Florida Canyon merger
The new company is to produce 70,000 oz. gold per year from the Florida Canyon gold mine in Nevada.
The new company is to produce 70,000 oz. gold per year from the Florida Canyon gold mine in Nevada.
Codelco is navigating one of the most challenging periods in its nearly 50-year history after a series of setbacks at projects and mines.
Teck is seen as a logical merger partner, in particular for Anglo American or Vale SA’s base-metals business.
Commercial production is scheduled for September, the company said.
Revenue from auctions was down 17% to $121 million for the first six months of 2024, from $145 million a year earlier.
Ottawa cracked down on mining deals involving foreign state-owned entities in 2022 in a move widely seen as targeting China’s influence in the global critical minerals supply chain.
The company's El Domo-Curipamba project represents Ecuador's next big mine after Mirador and Lundin's Fruta del Norte.
The gold miners’ stocks are enjoying a strong summer, recently surging to new bull highs.
The company says the Star-Orion South project is the largest undeveloped diamond deposit in the world.
The Guitarra underground mine was in operations between 2015-2018, producing 1-1.5 million oz. of silver equivalent annually.