Ex-gold miner joins billionaire ranks following Brazil’s biggest IPO

Whether we’re discussing the ancient merchants that traversed the legendary Silk Road, or the transfer of goods across modern border lines, trade has always been about building close relationships.

Jaguars in eight countries have Vancouver mining magnate Ross Beaty and his family to thank for helping preserve habitat corridors.

Mid-tier gold producer B2Gold (TSX:BTO) has had an excellent start to the year, producing more gold at lower costs than expected from its four mines in the Phillippines, Namibia and Nicaragua.

It produced 5.7 million ounces of silver from Escobal, the third largest silver mine in the world – a 17% increase from the previous quarter.

The Supreme Court of Peru has ruled in favour of a farmer that Newmont Mining (NYSE:NEM) claimed was illegally occupying land it wanted to develop into the Congo mine.

The Perth-based miner has agreed to purchase 45 million shares of the Canadian junior at a price of $2.45 per share, or about 15% of Arizona Mining’s outstanding shares.

The company had warned it would evaluate options for the mine, including walking away form it, if it didn’t receive the necessary permits.

The company has officially informed workers of its plans to offload the mine, noting that while there are several interested parties, the process could take months.

$2 billion La Colosa project boasts reserves of over 25m ounces of gold.