Workflow
Gold Mining
icon
Search documents
Allied Gold Agreed to $4 Billion Buyout By Hong Kong's Zijin Gold
WSJ· 2026-01-26 12:10
Group 1 - Allied Gold has agreed to be acquired by Zijin Gold International, a Hong Kong-based company [1] - The acquisition deal is valued at 5.5 billion Canadian dollars, approximately US$4.01 billion [1]
West Point Gold Announces Brokered Private Placement for up to $20 Million
TMX Newsfile· 2026-01-26 12:00
Core Viewpoint - West Point Gold Corp. has announced a private placement offering of up to 18,181,900 common shares at an issue price of C$1.10 per share, aiming to raise gross proceeds of up to C$20,000,090 for exploration and working capital purposes [1][2]. Group 1: Offering Details - The offering will be conducted on a "commercially reasonable efforts" basis by SCP Resource Finance LP as the Lead Agent [1]. - A cash commission of 5% of the gross proceeds will be paid to the Agents, with a reduced commission of 2% for shares sold to purchasers on the Company President's List [3]. - The closing date for the offering is scheduled for around February 17, 2026, pending approval from the TSX Venture Exchange and applicable regulatory authorities [4]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated for exploration activities at the Gold Chain Project in Arizona and for general corporate and working capital needs [2]. Group 3: Company Overview - West Point Gold is focused on exploration and development across four projects located along the Walker Lane Trend in Nevada and Arizona, with a priority on advancing the Gold Chain Project [6].
Westhaven Reports Final 2025 Drilling Results From the Shovelnose Gold Project, British Columbia, Including 8.05m Grading 6.18 g/t Au and 89.7 g/t Ag at South Zone Deposit
Globenewswire· 2026-01-26 12:00
VANCOUVER, British Columbia, Jan. 26, 2026 (GLOBE NEWSWIRE) -- Westhaven Gold Corp. (TSX-V: WHN) (“Westhaven” or the “Company”) is pleased to report results from the final five drill holes of its 2025 drilling program at the Shovelnose Gold Project (“Shovelnose”), located within southern British Columbia’s Spences Bridge Gold Belt (“SBGB”). Highlights of this work include: SN25-442 (South Zone) assays returned 70.79m grading 1.13 g/t Au and 14.1 g/t Ag, including 8.05m grading 6.18 g/t Au and 89.7 g/t Ag. P ...
WestKam Gold Corp. Increases Non-Brokered Private Placement to up to $500,000
Globenewswire· 2026-01-26 12:00
Core Viewpoint - WestKam Gold Corp. has announced an increase in its non-brokered private placement offering from $300,000 to $500,000 due to overwhelming interest, proposing to sell up to 7,142,857 units at a price of $0.07 per unit [1] Group 1: Offering Details - The offering will consist of units that include one common share and one common share purchase warrant, with each warrant exercisable for one common share at a price of $0.10 for three years [1] - Proceeds from the offering will be allocated to pay outstanding trade payables, legal fees, audit fees, transfer agent fees, and for general working capital [1] Group 2: Regulatory and Compliance Information - The units are being offered to qualified purchasers under exemptions from prospectus and registration requirements of applicable securities legislation [2] - The company may pay a finder's fee to eligible finders as permitted under applicable securities laws and TSX Venture Exchange policies [2] - All securities issued will be subject to a hold period of four months and one day from their issuance date, and the completion of the offering is subject to necessary regulatory approvals [2] Group 3: Company Overview - WestKam Gold Corp. focuses on acquiring and developing mineral properties in Western Canada, targeting projects in established mining districts with potential for significant resources [3]
Prospector Outlines Fully Funded 2026 Drill Strategy for the ML Project, Yukon
TMX Newsfile· 2026-01-26 12:00
Vancouver, British Columbia--(Newsfile Corp. - January 26, 2026) - Prospector Metals Corp. (TSXV: PPP) (OTCQB: PMCOF) (FSE: 1ET) ("Prospector" or the "Company") today provided an update on the Company's fully funded 2026 drill campaign on the ML Project in the Yukon.Key Point Summary:Prospector's 2026 drilling program will include 25,000 meters. All required land use permits are in place, and three drill rigs have been secured with drilling expected to begin in May 2026.The total budget for the 2026 explor ...
X @Bloomberg
Bloomberg· 2026-01-26 11:52
A Zijin Mining Group unit agreed to buy Allied Gold, which operates gold mines in Africa, for C$5.5 billion https://t.co/A69hEJ0LwY ...
Heliostar Files Prefeasibility Study for Cerro del Gallo Project
TMX Newsfile· 2026-01-26 11:30
Core Viewpoint - Heliostar Metals Ltd. has filed a Prefeasibility Study Technical Report for its Cerro del Gallo Project in Guanajuato, Mexico, indicating progress in its development efforts [1][2]. Company Overview - Heliostar aims to grow into a mid-tier gold producer, focusing on increasing production and developing new resources at its La Colorada and San Agustin mines in Mexico, as well as the 100% owned Ana Paula Project in Guerrero, Mexico [3]. Technical Report Details - The technical report complies with National Instrument 43-101 standards and has an effective date of December 11, 2025. It was authored by Kappes, Cassiday & Associates and is available on SEDAR+ and the company's website [2]. Financial Performance Measures - The company utilizes non-International Financial Reporting Standards (IFRS) measures, such as Cash Costs and All-in Sustaining Costs (AISC), to provide investors with a clearer evaluation of project economics. AISC is calculated based on guidelines from the World Gold Council [8].
Hemlo Mining Corp. Extends Gold Mineralization 300 Metres to the East with Multiple High-Grade Intercepts
Prnewswire· 2026-01-26 11:30
Core Viewpoint - Hemlo Mining Corp. has reported promising assay results from its 2025 E-Zone exploration drilling program at the Hemlo Gold Mine, indicating potential for increased mineral resources and reserves in the E-Zone, which is located near existing infrastructure [1][2]. Exploration Results - The 2025 E-Zone exploration program included six drill holes totaling approximately 4,240 meters, successfully identifying gold mineralization and suggesting future resource growth [2][6]. - Significant gold intercepts include 19.11 g/t Au over 5.0 m in hole 6702501, 15.79 g/t Au over 5.0 m in hole 6702503, and 7.08 g/t Au over 12.1 m in hole 6702505 [6][10]. Geological Interpretation - The E-Zone is interpreted to extend approximately 1,000 meters vertically and 500 meters east-west, remaining open at depth, which enhances the potential for continued mineralization [3][6]. - The E-Zone may serve as an analogue to the C-Zone mineralized system, which has historically supported over two decades of gold production [4][10]. Future Development Plans - In 2026, the company plans to advance development by driving an exploration drift of approximately 300 meters to access the E-Zone and conduct further drilling to test mineralization continuity [7][20]. - The E-Zone's proximity to existing infrastructure is expected to simplify mining sequences and provide options for increased mining rates in the future [2][6]. Historical Context - The C-Zone mineralized system has produced approximately 3.7 million ounces of gold, with a vertical extent of about 1.8 kilometers, highlighting the scale and longevity of the Hemlo mineralized system [4][6]. Company Background - Hemlo Mining Corp. recently acquired the Hemlo Gold Mine from Barrick Mining Corp. for up to US$1.1 billion and aims to establish itself as a leading Canadian mid-tier gold producer [16].
Cabral Gold Drills 9.5m @ 5.74 g/t Gold and Expands Jerimum Cima Discovery, Cuiú Cuiú Gold District, Brazil
TMX Newsfile· 2026-01-26 11:30
Core Insights - Cabral Gold Inc. has reported promising results from six additional diamond drill holes at the Jerimum Cima target in the Cuiú Cuiú Gold District, Brazil, indicating significant potential for gold mineralization [1][3][4] Drilling Results - The latest drill results have extended the main east-west trending mineralized zone by at least 175 meters to the east, increasing the known strike length to 750 meters, with the zone remaining open [3][12] - Notable drill results include: - DDH359: 9.5m at 5.74 g/t gold, including 3.6m at 13.92 g/t gold [7][10] - DDH365: 3.8m at 10.80 g/t gold, including 0.5m at 80.51 g/t gold, indicating a previously unrecognized high-grade zone [7][13] - DDH355: 2.0m at 15.29 g/t gold [7][8] - DDH356: 0.5m at 34.87 g/t gold and 0.6m at 68.04 g/t gold, also indicating previously unknown high-grade zones [7][9] Geological Context - The Jerimum Cima target is characterized by a strong gold-in-soil anomaly of over 100 ppb gold, covering an area of 900m x 1000m, comparable to other significant gold deposits in the region [5][24] - The mineralization is centered on a major east-west fault zone, which is part of the regional Tocantinzinho fault system [5][24] Future Plans - The company plans further drilling to establish the size of both the gold-in-oxide zone and the underlying primary mineralization in intrusive rocks [4][15] - A second drill rig is expected to be brought in soon to expedite exploration efforts [4][3] Company Overview - Cabral Gold Inc. is focused on the exploration and development of gold properties in Brazil, holding a 100% interest in the Cuiú Cuiú gold district [24] - The Cuiú Cuiú project has defined resources of 12.29 million tonnes at 1.14 g/t gold and 13.56 million tonnes at 0.50 g/t gold in oxide material, with additional inferred resources [24]
紫金矿业:拟以280亿元收购联合黄金100%股权
Xin Lang Cai Jing· 2026-01-26 11:29
紫金矿业(601899.SH)公告称,公司控股的紫金黄金国际有限公司拟以44加元/股的价格,收购在多伦多 证券交易所和纽约证券交易所两地上市的Allied Gold Corporation全部已发行的普通股,收购对价共计约 55亿加元(约合人民币280亿元)。联合黄金的核心资产包括在产的马里Sadiola金矿、科特迪瓦金矿综 合体(含Bonikro和Agbaou金矿),以及将于2026年下半年建成投产的埃塞俄比亚Kurmuk金矿。本次交 易存在不确定性,需满足相关条件包括股东大会批准、法院批准及政府部门审批等。 ...