The Ontario government and Canada’s largest mining company, Agnico Eagle Mines, announced $14 billion of planned spending and investment in the province by the end of 2030. Agnico Eagle is planning to spend and invest $12 billion across its operating, development and exploration assets in the province, supporting its workforce of more than 4,100. The company is also planning to…
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Evolution Mining names Guay as CTO
Evolution Mining has announced the appointment of Nancy Guay as chief technical officer, effective 1 June. She will be responsible for various technical functions including studies, projects, long-term planning, and technical services. Guay has worked in various locations and roles within Canada and Australia. She most recently held the position of vice president – Technology, Optimisation and Innovation at Agnico…
Read MoreYamana Gold sale takes surprise turn
Canadian-based Yamana Gold confirmed on November 4 that it received an “unsolicited binding proposal” from Agnico Eagle Mines and Pan American Silver that was superior to a previous takeover bid from South African miner Gold Fields. The joint cash and stock offer from Agnico Eagle and Pan American valued Yamana at around $4.8 billion, while the Gold Fields all-stock deal…
Read MoreBidding war erupts for Yamana Gold
Canadian-based Yamana Gold confirmed on November 4 that it received an “unsolicited binding proposal” from Agnico Eagle Mines and Pan American Silver that was superior to a previous takeover bid from South African miner Gold Fields. The joint cash and stock offer from Agnico Eagle and Pan American valued Yamana at around $4.8 billion, while the Gold Fields all-stock deal…
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