Mining News
The cumulative cash payments over the five year period will be $165 million, a company news release said.
The contamination pattern in samples from the Kok River shows the presence of arsenic alongside heavy rare earths such as dysprosium and terbium.
Many gold veins are millions to billions of years old.
The company y expects Valentine to deliver into the higher end of its Q4 production range of 15,000 to 30,000 ounces of gold.
The site operations have been suspended effective Sunday.
Also, net debt reduced to $435.9 million, compared to $525.7 million at December 31, 2024.
This notable increase was primarily driven by Sukari’s inclusion and the continued ramp-up at Obuasi mine in Ghana.
Barrick achieved record quarterly operating cash flow and free cash flow1 of $2.4 billion and $1.5 billion, up by 82% and 274%, respectively.
Environmental groups have also opposed the mine.
Equinox Gold strengthened its balance sheet by reducing debt by $139 million and adding $88 million in cash from the sale of Nevada assets.
The merger will form a 100% North American-based senior mining company with a market capitalization of nearly $20 billion.
The company reported adjusted EBITDA of $87 million in Q3 2025, compared to $123 million in Q2 2025.
The quarter witnessed an expected quarter-over-quarter decline in head grades.
Perpetua Resources received the Final Record of Decision (ROD) in January.
Following this, a court appointed the country’s former health minister to manage the mine for at least a period of six months.
Once operational, the mine should be able to supply almost 25% of the total U.S. demand, the company noted.
The company is well on track to meet its previously announced 2025 production guidance of 490,000 to 525,000 ounces, he added.
The company has reached commercial production three months after making its first gold pour.
The deal is expected to close later during the year. It is subject to regulatory approvals and satisfaction of customary closing conditions.
The Vancouver-based miner alleges the province’s Chief Gold Commissioner (CGC) reversed an earlier promise to safeguard its mineral rights.
Earlier this month, Agnico sold its entire stake in Orla Mining for nearly $402 million.
NDEP has issued the final Nevada Reclamation Permit for surface disturbance for the County Line Project.
The mine commenced 12-hour per day operations to process ore on September 27.
This is the fourth tranche of payment, which now brings the total payment till date to $48 million.
Prior to the sales, Kinross held approximately 5.2% of the outstanding shares and up to 13.2% of the shares, on a partially-diluted basis.