TORONTO, Dec. 19, 2024 /PRNewswire/ - Allied Gold Corporation (TSX: AAUC) (OTCQX: AAUCF) ("Allied" or the "Company") is pleased to announce the receipt of the first construction payment under its previously announced US$175 million streaming agreement with Wheaton Precious Metals International Ltd., a wholly owned subsidiary of Wheaton Precious Metals Corp. ("Wheaton") (see press release dated December 5, 2024). The first of the four planned payments from Wheaton is in the amount of US$43,750,000 and the fu ...

TORONTO, ONTARIO - MARCH 05: People visit the booth of Barrick Gold Corporation during the ... [+] Prospectors & Developers Association of Canada (PDAC) annual convention 2023 at Metro Toronto Convention Centre on March 5, 2023 in Toronto, Ontario. (Photo by Yu Ruidong/China News Service/VCG via Getty Images)China News Service via Getty ImagesBarrick Gold stock (NYSE: GOLD) has fallen about 21% in the last two months, currently trading at about $17 per share. This compares to the S&P 500 which remains up by ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

All amounts expressed in US dollars TORONTO, Dec. 16, 2024 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) reports that although it had previously agreed on a framework to achieve a global resolution of the disputes with the Government of Mali over the Loulo-Gounkoto complex, it has to date been unsuccessful in arriving at a final resolution despite numerous good-faith attempts to negotiate and a willingness to compromise beyond its legal rights. Barrick has engaged constructively with the ...

VANCOUVER, BC, Dec. 12, 2024 /PRNewswire/ - Scottie Resources Corp. ("Scottie" or the "Company") (TSXV: SCOT) (OTCQB: SCTSF) (FSE: SR8) is pleased to report new assays from its 2024 drilling of Scottie Gold Mine (SGM) and the discovery of a new zone, located south of the existing mine. The new assays related to a single drill hole drilled from the south of the mine, testing new concepts and targeting areas inaccessible to previously drilled orientations. The hole resulted in the discovery of the Wolf Zone, ...

TORONTO, Dec. 5, 2024 /PRNewswire/ - Allied Gold Corporation (TSX: AAUC) (OTCQX: AAUCF) ("Allied" or the "Company") is pleased to announce that it has entered into final documentation for a streaming transaction (the "Stream Transaction") with Wheaton Precious Metals International Ltd. ("WPMI"), a wholly-owned subsidiary of Wheaton Precious Metals Corp., ("Wheaton"). Under the terms of the streaming agreement, Allied will receive an aggregate $175 million upfront cash payment (the "Advance Amount") to suppo ...

VANCOUVER, BC, Dec. 4, 2024 /PRNewswire/ - Galiano Gold Inc. ("Galiano" or the "Company") (TSX: GAU) (NYSE American: GAU) is pleased to announce that it has terminated its gold purchase and sale agreement (the "Agreement") with Red Kite Opportunities Master Fund Limited ("Red Kite") for total cash consideration of US$13 million. Under the Agreement, the Company had been required to sell 100% of gold production from the Asanko Gold Mine (the "AGM"), up to a maximum of 2.2 million ounces, at a spot price sele ...

VANCOUVER, BC, Dec. 3, 2024 /PRNewswire/ - Scottie Resources Corp. ("Scottie" or the "Company") (TSXV: SCOT) (OTCQB: SCTSF) (FSE: SR8) is pleased to report new assays from its 2024 drilling of the P-, O-, M-, and N Zone's at the historic Scottie Gold Mine (SGM). The Scottie Gold Mine Project, which includes the 100% owned historic mine and the adjacent Blueberry Contact Zone is located 35 kilometres north of the town of Stewart, BC, along the Granduc Road.Highlights: Figure 1: Overview plan view map of ...

VANCOUVER, BC, Nov. 28, 2024 /PRNewswire/ - Galiano Gold Inc. ("Galiano" or the "Company") (TSX: GAU) (NYSE American: GAU) is pleased to announce that its Board of Directors has approved the appointment of Mr. Lauren Roberts as a non-executive director, effective as of January 1, 2025. This appointment expands the Board to eight directors, seven of whom are independent. Mr. Roberts is a Professional Mining Engineer with 35 years of international mining experience across operations, permitting, construction ...

TORONTO, Nov. 28, 2024 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) has welcomed the Ontario Superior Court’s dismissal of claims brought by Tanzanian residents alleging human rights abuses by members of the Tanzanian Police Force in the vicinity of the company’s North Mara gold mine. The Court ruled that Ontario was not the appropriate forum to consider the claims. Barrick president and chief executive Mark Bristow said the company has repeatedly refuted what it regards as baseless cla ...