South Africa’s Gold Fields has agreed to buy Canadian precious metals producer Yamana Gold, in an all-share deal worth close to US$7 billion. Gold Fields is offering 0.6 of one of its shares for each Yamana share, which resembles a 34% premium to the 10-day volume...
Yamana Gold will soon have ownership of the Wasamac property and Camflo mill in the Abitibi region of Québec after announcing a deal to acquire the outstanding shares of Monarch Gold for C$152 million. The Americas-focused miner said the underground Wasamac gold project fits well into...
Americas-focused Yamana Gold has commenced trading on the Main Board of the London Stock Exchange (LSE), adding to its primary listing in Toronto and a secondary listing in New York. The company’s shares ended a first day of trading in London at £467.50, under the ticker...
Following Mines and Money’s hugely successful Online Connect APAC and EMEAmericas e-conferences in June, which featured 79 mining companies and 302 active investors, the world-leading mining events company has expanded the offering to a global platform that kicked off today! The busy three-day event aims to...
Gold miners are increasingly looking towards new avenues of venture capital on the London and New York stock exchanges as they seek to take advantage of surging prices and demand for the safe haven investment. The COVID-19 pandemic has chiefly fuelled a 32% rise in the...
Canada’s Lundin Mining has announced its purchase of a Brazilian copper-gold mine from Yamana Gold for more than US$1 billion, in a move that will significantly bolster its base and precious metals production. The Chapada mine, located about 270 km Northwest of Brazil’s capital Brasilia, began...